AGCO Corporation (AGCO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.34B | 2.92B | 2.48B | 2.63B | 2.05B | 2.89B | 2.6B | 3.25B | 2.93B | 3.8B | 3.46B | 3.82B | 3.33B | 3.9B | 3.12B | 2.95B | 2.69B | 3.16B | 2.73B | 2.88B |
| Revenue Growth % | 14.26% | 1.14% | -4.73% | -18.84% | -29.99% | -24.03% | -24.78% | -15.07% | -12.14% | -2.52% | 10.7% | 29.79% | 24.12% | 23.57% | 14.55% | 2.29% | 12.91% | 16.12% | 9.11% | 43.48% |
| Cost of Goods Sold | 1.76B | 2.18B | 1.86B | 1.99B | 1.55B | 2.2B | 2B | 2.44B | 2.17B | 2.83B | 2.53B | 2.83B | 2.49B | 2.97B | 2.39B | 2.27B | 2.07B | 2.49B | 2.12B | 2.2B |
| COGS % of Revenue | 75.18% | 74.62% | 74.95% | 75.65% | 75.47% | 76.18% | 76.97% | 75.08% | 74.02% | 74.35% | 73.24% | 74.03% | 74.75% | 76.1% | 76.64% | 76.94% | 77.1% | 78.92% | 77.7% | 76.43% |
| Gross Profit | 581.4M | 741.1M | 620.3M | 641.5M | 503M | 687.8M | 598.5M | 809.1M | 760.8M | 974.9M | 924.7M | 992.8M | 841.6M | 931.8M | 729.3M | 679.1M | 615.1M | 665.2M | 607.6M | 678.7M |
| Gross Margin % | 24.82% | 25.38% | 25.05% | 24.35% | 24.53% | 23.82% | 23.03% | 24.92% | 25.98% | 25.65% | 26.76% | 25.97% | 25.25% | 23.9% | 23.36% | 23.06% | 22.9% | 21.08% | 22.3% | 23.57% |
| Gross Profit Growth % | 15.59% | 7.75% | 3.64% | -20.71% | -33.89% | -29.45% | -35.28% | -18.5% | -9.6% | 4.63% | 26.79% | 46.19% | 36.82% | 40.08% | 20.03% | 0.06% | 10.49% | 14.95% | 7.94% | 63.66% |
| Operating Expenses | 339.1M | 464.3M | 463.8M | 444.2M | 441.8M | 426.2M | 465.6M | 517.6M | 481.3M | 572.1M | 495.2M | 489.1M | 451.4M | 458.4M | 391.1M | 411.2M | 373M | 395.5M | 359.3M | 383.2M |
| OpEx % of Revenue | 14.47% | 15.9% | 18.73% | 16.86% | 21.55% | 14.76% | 17.91% | 15.94% | 16.43% | 15.05% | 14.33% | 12.79% | 13.54% | 11.76% | 12.53% | 13.96% | 13.89% | 12.53% | 13.18% | 13.31% |
| Selling, General & Admin | 339.1M | 316.3M | 340.8M | 326.4M | 325.8M | 323.2M | 344.3M | 379.8M | 350.4M | 421.3M | 355.6M | 350.3M | 331.8M | 326.3M | 286.4M | 304.1M | 272.7M | 286M | 266.5M | 276M |
| SG&A % of Revenue | 14.47% | 10.83% | 13.76% | 12.39% | 15.89% | 11.19% | 13.25% | 11.7% | 11.96% | 11.08% | 10.29% | 9.16% | 9.95% | 8.37% | 9.17% | 10.33% | 10.15% | 9.06% | 9.78% | 9.59% |
| Research & Development | 0 | 130.9M | 123M | 117.8M | 116M | 103M | 121.3M | 137.8M | 130.9M | 150.8M | 139.6M | 138.8M | 119.6M | 132.1M | 104.7M | 107.1M | 100.3M | 109.5M | 92.8M | 107.2M |
| R&D % of Revenue | - | 4.48% | 4.97% | 4.47% | 5.66% | 3.57% | 4.67% | 4.24% | 4.47% | 3.97% | 4.04% | 3.63% | 3.59% | 3.39% | 3.35% | 3.64% | 3.73% | 3.47% | 3.41% | 3.72% |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 80.7M | 276.8M | 156.5M | 197.3M | 61.2M | 261.6M | 132.9M | 291.5M | 279.5M | 402.8M | 429.5M | 503.7M | 390.2M | 473.4M | 338.2M | 267.9M | 242.1M | 269.7M | 248.3M | 295.5M |
| Operating Margin % | 3.44% | 9.48% | 6.32% | 7.49% | 2.98% | 9.06% | 5.11% | 8.98% | 9.54% | 10.6% | 12.43% | 13.18% | 11.71% | 12.14% | 10.83% | 9.1% | 9.01% | 8.55% | 9.11% | 10.26% |
| Operating Income Growth % | 31.86% | 5.81% | 17.76% | -32.32% | -78.1% | -35.05% | -69.06% | -42.13% | -28.37% | -14.91% | 27% | 88.02% | 61.17% | 75.53% | 36.21% | -9.34% | 20.93% | 41.8% | 10.95% | 150.42% |
| EBITDA | 80.7M | 363.1M | 242.2M | 277.1M | 137M | 350M | 202.6M | 388.4M | 356.7M | 479.1M | 503M | 574.3M | 458.6M | 540.5M | 403.5M | 335.1M | 312.1M | 341.5M | 316.7M | 364.8M |
| EBITDA Margin % | 3.44% | 12.43% | 9.78% | 10.52% | 6.68% | 12.12% | 7.79% | 11.96% | 12.18% | 12.61% | 14.56% | 15.02% | 13.76% | 13.86% | 12.93% | 11.38% | 11.62% | 10.82% | 11.62% | 12.67% |
| EBITDA Growth % | -41.09% | 3.74% | 19.55% | -28.66% | -61.59% | -26.95% | -59.72% | -32.37% | -22.22% | -11.36% | 24.66% | 71.38% | 46.94% | 58.27% | 27.41% | -8.14% | 14.53% | 30.05% | 8.76% | 98.69% |
| D&A (Non-Cash Add-back) | 0 | 86.3M | 85.7M | 79.8M | 75.8M | 88.4M | 69.7M | 96.9M | 77.2M | 76.3M | 73.5M | 70.6M | 68.4M | 67.1M | 65.3M | 67.2M | 70M | 71.8M | 68.4M | 69.3M |
| EBIT | 0 | 176.2M | 360.2M | 115.3M | 17.3M | -318.7M | 62.3M | -307.3M | 222.8M | 246.1M | 339.4M | 418.4M | 336.9M | 392.9M | 299M | 241.8M | 186.5M | 253.9M | 237.8M | 275.7M |
| Net Interest Income | 0 | -14.2M | -15.5M | -18M | -18.7M | -27.5M | -33.7M | -29.6M | -1.9M | 7.2M | -5.5M | -5.8M | -500K | -4.4M | -2.3M | -5.9M | -400K | 100K | -1.2M | -2.2M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 0 | 0 |
| Interest Expense | 15.2M | 14.2M | 15.5M | 18M | 18.7M | 27.5M | 33.7M | 29.6M | 1.9M | 0 | 5.5M | 5.8M | 500K | 4.4M | 2.3M | 5.9M | 400K | 0 | 1.2M | 2.2M |
| Other Income/Expense | 0 | -106.3M | 195M | -88.4M | -50.5M | -599.4M | -92.1M | -618.8M | -42.4M | -139.9M | -73.7M | -73.5M | -37.4M | -60.5M | -26.1M | -18.8M | -44.9M | 600K | 4.2M | -3.4M |
| Pretax Income | 39M | 170.5M | 351.5M | 108.9M | 10.7M | -337.8M | 40.8M | -327.3M | 237.1M | 262.9M | 355.8M | 430.2M | 352.8M | 412.9M | 312.1M | 249.1M | 197.2M | 270.3M | 252.5M | 292.1M |
| Pretax Margin % | 1.66% | 5.84% | 14.19% | 4.13% | 0.52% | -11.7% | 1.57% | -10.08% | 8.1% | 6.92% | 10.3% | 11.25% | 10.58% | 10.59% | 10% | 8.46% | 7.34% | 8.57% | 9.27% | 10.14% |
| Income Tax | 4.6M | 77.3M | 48.8M | -205.5M | 2M | -24.2M | 11.9M | 41.6M | 69.1M | -76.1M | 75.3M | 111M | 120.2M | 90.7M | 74.2M | 71.5M | 60.2M | -13M | 70.1M | 7.7M |
| Effective Tax Rate % | 11.79% | 45.34% | 13.88% | -188.71% | 18.69% | 7.16% | 29.17% | -12.71% | 29.14% | -28.95% | 21.16% | 25.8% | 34.07% | 21.97% | 23.77% | 28.7% | 30.53% | -4.81% | 27.76% | 2.64% |
| Net Income | 55M | 95.5M | 305.7M | 314.8M | 10.5M | -255.7M | 30M | -367.1M | 168M | 339M | 280.6M | 319.2M | 232.6M | 322.2M | 237.9M | 177.7M | 151.8M | 282.1M | 181.3M | 282.8M |
| Net Margin % | 2.35% | 3.27% | 12.35% | 11.95% | 0.51% | -8.86% | 1.15% | -11.31% | 5.74% | 8.92% | 8.12% | 8.35% | 6.98% | 8.26% | 7.62% | 6.03% | 5.65% | 8.94% | 6.65% | 9.82% |
| Net Income Growth % | 423.81% | 137.35% | 919% | 185.75% | -93.75% | -175.43% | -89.31% | -215.01% | -27.77% | 5.21% | 17.95% | 79.63% | 53.23% | 14.21% | 31.22% | -37.16% | 0.66% | 108.35% | 15.26% | 305.74% |
| Net Income (Continuing) | 55M | 93.2M | 302.7M | 314.4M | 8.7M | -313.6M | 28.9M | -368.9M | 168M | 339M | 280.5M | 319.2M | 232.6M | 322.2M | 237.9M | 177.6M | 137M | 283.3M | 182.4M | 284.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 295.5M | 299.2M | 301.3M | 304.3M | 299.8M | 300.1M | 337.5M | 504.8M | 100K | 100K | 100K | 200K | 200K | 200K | 200K | 100K | 100K | 27.9M | 27.6M | 26.5M |
| EPS (Diluted) | 0.76 | 1.29 | 4.09 | 4.21 | 0.14 | -3.43 | 0.40 | -4.92 | 2.25 | 4.53 | 3.74 | 4.26 | 3.10 | 4.30 | 3.18 | 2.37 | 2.03 | 3.75 | 2.40 | 3.73 |
| EPS Growth % | 442.86% | 137.61% | 922.5% | 185.57% | -93.78% | -175.72% | -89.3% | -215.49% | -27.42% | 5.35% | 17.61% | 79.75% | 52.71% | 14.67% | 32.5% | -36.46% | 2.01% | 110.67% | 14.83% | 301.08% |
| EPS (Basic) | 0.76 | 1.30 | 4.10 | 4.22 | 0.14 | -3.43 | 0.40 | -4.92 | 2.25 | 4.54 | 3.75 | 4.26 | 3.11 | 4.32 | 3.19 | 2.38 | 2.03 | 3.77 | 2.41 | 3.74 |
| Diluted Shares Outstanding | 72.7M | 73.9M | 74.7M | 74.7M | 74.7M | 74.7M | 74.7M | 74.6M | 74.7M | 74.8M | 75M | 75M | 75M | 75M | 74.9M | 74.9M | 74.9M | 75.3M | 75.6M | 75.9M |
| Basic Shares Outstanding | 72.5M | 73.8M | 74.6M | 74.6M | 74.6M | 74.6M | 74.6M | 74.6M | 74.6M | 74.7M | 74.9M | 74.9M | 74.9M | 74.6M | 74.6M | 74.6M | 74.6M | 74.7M | 75.2M | 75.5M |
| Dividend Payout Ratio | - | 22.62% | 7.07% | 6.89% | 205.71% | - | 72% | - | 12.86% | 6.37% | 7.73% | 124.09% | 7.74% | 5.56% | 7.52% | 198.99% | 9.82% | 5.28% | 8.27% | 111.95% |