Adecoagro S.A. (AGRO) 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 | 398.68M | 415.94M | 304.21M | 382.08M | 325.51M | 374.22M | 471.5M | 411.42M | 261.77M | 263.95M | 385.79M | 402.87M | 246.26M | 371.62M | 386.06M | 383.67M | 206.36M | 334.18M | 325.62M | 289.77M |
| Revenue Growth % | 22.48% | 11.15% | -35.48% | -7.13% | 24.35% | 41.78% | 22.21% | 2.12% | 6.3% | -28.98% | -0.07% | 5% | 19.33% | 11.21% | 18.56% | 32.41% | 18.06% | 37.49% | 37.55% | 59.34% |
| Cost of Goods Sold | 280.11M | 320.11M | 197.42M | 307.48M | 251.45M | 285.11M | 353.27M | 294.43M | 151.25M | 229.42M | 256.23M | 263.71M | 134.12M | 258.8M | 260.07M | 276.16M | 87.08M | 229.17M | 175.78M | 181.58M |
| COGS % of Revenue | 70.26% | 76.96% | 64.89% | 80.47% | 77.25% | 76.19% | 74.93% | 71.57% | 57.78% | 86.92% | 66.42% | 65.46% | 54.46% | 69.64% | 67.36% | 71.98% | 42.2% | 68.58% | 53.98% | 62.66% |
| Gross Profit | 118.57M | 95.82M | 106.8M | 74.6M | 74.06M | 89.11M | 118.22M | 116.98M | 110.52M | 34.52M | 129.56M | 139.16M | 112.14M | 112.83M | 125.99M | 107.52M | 119.29M | 105.01M | 149.84M | 108.19M |
| Gross Margin % | 29.74% | 23.04% | 35.11% | 19.53% | 22.75% | 23.81% | 25.07% | 28.43% | 42.22% | 13.08% | 33.58% | 34.54% | 45.54% | 30.36% | 32.64% | 28.02% | 57.8% | 31.42% | 46.02% | 37.34% |
| Gross Profit Growth % | 60.11% | 7.53% | -9.66% | -36.23% | -32.99% | 158.11% | -8.75% | -15.93% | -1.45% | -69.4% | 2.83% | 29.43% | -5.99% | 7.45% | -15.91% | -0.62% | -1.59% | -2.75% | 50.01% | 55.73% |
| Operating Expenses | 90.7M | 83.12M | 49.94M | 68.91M | 70.42M | 41.56M | 88.54M | 51.69M | 70.74M | -3.97M | 61.43M | 60.24M | 56.13M | 62.47M | 62.13M | 34.73M | 56.5M | 62.34M | 50.6M | 53.43M |
| OpEx % of Revenue | 22.75% | 19.98% | 16.42% | 18.03% | 21.63% | 11.11% | 18.78% | 12.56% | 27.02% | -1.5% | 15.92% | 14.95% | 22.79% | 16.81% | 16.09% | 9.05% | 27.38% | 18.65% | 15.54% | 18.44% |
| Selling, General & Admin | 58.95M | 51.45M | 53.61M | 78.29M | 46.42M | -22.37M | 70.9M | 73.3M | 35.51M | 24.35M | 59.5M | 62.14M | 35.16M | 52.91M | 65.15M | 60.68M | 26.91M | 48.22M | 50.9M | 47.07M |
| SG&A % of Revenue | 14.79% | 12.37% | 17.62% | 20.49% | 14.26% | -5.98% | 15.04% | 17.82% | 13.57% | 9.22% | 15.42% | 15.43% | 14.28% | 14.24% | 16.87% | 15.82% | 13.04% | 14.43% | 15.63% | 16.24% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -299K | 1000K |
| Operating Income | 27.86M | 12.7M | 56.85M | 5.7M | 3.64M | 47.55M | 29.68M | 65.3M | 39.78M | 38.49M | 68.14M | 78.92M | 56.01M | 50.36M | 63.86M | 72.79M | 62.79M | 42.67M | 99.24M | 54.75M |
| Operating Margin % | 6.99% | 3.05% | 18.69% | 1.49% | 1.12% | 12.71% | 6.29% | 15.87% | 15.2% | 14.58% | 17.66% | 19.59% | 22.75% | 13.55% | 16.54% | 18.97% | 30.43% | 12.77% | 30.48% | 18.9% |
| Operating Income Growth % | 665.89% | -73.29% | 91.56% | -91.28% | -90.85% | 23.52% | -56.44% | -17.27% | -28.99% | -23.56% | 6.69% | 8.43% | -10.79% | 18.02% | -35.65% | 32.94% | -22.82% | -24.99% | 73.74% | 44.1% |
| EBITDA | 100.76M | 79.61M | 140.21M | 80.3M | 50.23M | 116.83M | 111.19M | 161.48M | 96.82M | 97.62M | 157.51M | 135.57M | 98.15M | 119.67M | 141.97M | 151.52M | 91.02M | 86.4M | 157.53M | 96.59M |
| EBITDA Margin % | 25.27% | 19.14% | 46.09% | 21.02% | 15.43% | 31.22% | 23.58% | 39.25% | 36.99% | 36.98% | 40.83% | 33.65% | 39.86% | 32.2% | 36.77% | 39.49% | 44.11% | 25.86% | 48.38% | 33.33% |
| EBITDA Growth % | 100.57% | -31.86% | 26.1% | -50.28% | -48.12% | 19.68% | -29.41% | 19.11% | -1.35% | -18.43% | 10.95% | -10.53% | 7.84% | 38.5% | -9.88% | 56.86% | -23.63% | -18.05% | 40.43% | 17.17% |
| D&A (Non-Cash Add-back) | 72.89M | 66.91M | 83.36M | 74.6M | 46.6M | 69.28M | 81.51M | 96.19M | 57.05M | 59.13M | 89.37M | 56.65M | 42.14M | 69.31M | 78.11M | 78.74M | 28.23M | 43.73M | 58.29M | 41.84M |
| EBIT | 108.49M | 27.35M | 56.14M | 6.92M | 36.95M | -33.11M | 26.29M | 38.2M | 77.27M | 117.75M | 115.48M | 105.66M | 53.12M | 31.75M | 61.26M | 82.8M | 114.22M | 56.54M | 73.72M | 87.34M |
| Net Interest Income | -27.53M | -22.63M | -49.78M | -15.72M | -21.13M | 6.88M | 1.1M | -85.77M | -16.88M | -7.2M | 3.49M | -10.28M | -14.1M | -27.59M | -7.76M | -75.2M | -18.98M | -23.78M | -47.01M | -26.59M |
| Interest Income | 9.09M | 17.74M | 0 | 6.96M | 337K | 6.88M | 4.14M | 0 | 2.8M | 3.8M | 29.93M | 54.33M | 2.03M | 1.42M | 2.95M | 0 | 523K | 739K | 4.58M | 480K |
| Interest Expense | 36.62M | 40.38M | 49.78M | 22.67M | 21.47M | 0 | 3.04M | 85.77M | 19.68M | 11M | 26.45M | 64.61M | 16.13M | 29.01M | 10.71M | 75.2M | 19.5M | 24.52M | 51.59M | 27.07M |
| Other Income/Expense | 44.02M | -25.72M | -50.49M | -21.44M | 11.84M | -48.4M | -6.42M | -112.87M | 20.49M | 70.61M | 20.9M | -10.89M | -16.79M | -44.73M | -36.44M | -65.19M | 31.93M | -8.89M | -47.01M | 5.52M |
| Pretax Income | 71.88M | -13.02M | 6.36M | -15.75M | 15.47M | -857K | 23.25M | -47.58M | 60.27M | 109.11M | 89.03M | 68.03M | 39.22M | 5.63M | 27.42M | 7.6M | 94.72M | 33.78M | 52.23M | 60.27M |
| Pretax Margin % | 18.03% | -3.13% | 2.09% | -4.12% | 4.75% | -0.23% | 4.93% | -11.56% | 23.02% | 41.34% | 23.08% | 16.89% | 15.93% | 1.51% | 7.1% | 1.98% | 45.9% | 10.11% | 16.04% | 20.8% |
| Income Tax | 28.07M | 1.83M | -63K | 1.29M | -3.23M | -17.04M | 4.54M | -57.45M | 12.92M | 26.9M | 13.64M | 21.91M | 16.22M | 2.89M | 4.83M | -10.51M | 29.54M | -24.97M | 15.27M | 44.61M |
| Effective Tax Rate % | 39.05% | -14.04% | -0.99% | -8.22% | -20.89% | 1987.75% | 19.54% | 120.74% | 21.44% | 24.65% | 15.33% | 32.21% | 41.35% | 51.43% | 17.63% | -138.37% | 31.19% | -73.93% | 29.23% | 74.01% |
| Net Income | 40.14M | -15.38M | 6.52M | -17.56M | 18.08M | 16.42M | 19.06M | 9.53M | 47.39M | 82.54M | 75.39M | 46.27M | 21.57M | 3.25M | 22.55M | 19.09M | 63.26M | 58.93M | 36.66M | 16.86M |
| Net Margin % | 10.07% | -3.7% | 2.14% | -4.6% | 5.55% | 4.39% | 4.04% | 2.32% | 18.1% | 31.27% | 19.54% | 11.48% | 8.76% | 0.87% | 5.84% | 4.97% | 30.65% | 17.63% | 11.26% | 5.82% |
| Net Income Growth % | 122.03% | -193.71% | -65.81% | -284.32% | -61.85% | -80.11% | -74.72% | -79.41% | 119.7% | 2442.95% | 234.34% | 142.41% | -65.9% | -94.49% | -38.49% | 13.18% | 227.16% | 24.11% | 83.15% | 241.32% |
| Net Income (Continuing) | 43.81M | -14.85M | 6.43M | -17.04M | 18.71M | 16.18M | 18.71M | 9.87M | 47.34M | 82.21M | 75.39M | 46.12M | 23.01M | 2.73M | 22.59M | 18.11M | 65.17M | 58.75M | 36.96M | 15.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 141.43M | 136.95M | 64.57M | 40.11M | 39.76M | 38.95M | 39.47M | 39.42M | 38.34M | 36.52M | 38.63M | 39.09M | 39.17M | 37.55M | 38.54M | 37.58M | 38.35M | 36.11M | 36.36M | 36.45M |
| EPS (Diluted) | 0.06 | -0.03 | 0.01 | -0.04 | 0.04 | 0.03 | 0.04 | 0.02 | 0.09 | 0.15 | 0.14 | 0.09 | 0.04 | 0.01 | 0.04 | 0.03 | 0.12 | 0.11 | 0.06 | 0.03 |
| EPS Growth % | 55.56% | -193.75% | -65.79% | -293.55% | -60% | -78.67% | -72.86% | -78.37% | 125% | - | 250% | 152.94% | -66.67% | -94.55% | -37.5% | 21.43% | 252.94% | 34.15% | 88.24% | 240% |
| EPS (Basic) | 0.06 | -0.03 | 0.01 | -0.04 | 0.04 | 0.03 | 0.04 | 0.02 | 0.09 | 0.16 | 0.14 | 0.09 | 0.04 | 0.01 | 0.04 | 0.03 | 0.12 | 0.11 | 0.06 | 0.03 |
| Diluted Shares Outstanding | 716.77M | 506.3M | 500.43M | 498.81M | 502.17M | 500.27M | 504.19M | 512.15M | 526.52M | 535.19M | 538.37M | 539.25M | 539.23M | 540.96M | 549.95M | 568.07M | 555.48M | 555.48M | 580.05M | 589.69M |
| Basic Shares Outstanding | 714.22M | 505.45M | 500.43M | 498.81M | 499.39M | 500.27M | 504.19M | 506.7M | 524.19M | 532.51M | 536.09M | 536.65M | 539.23M | 540.96M | 549.95M | 564.7M | 550.06M | 555.48M | 576.4M | 585.59M |
| Dividend Payout Ratio | - | - | 19.28% | - | - | 106.6% | - | 183.71% | - | 21.2% | 3.49% | 37.82% | - | 539.13% | - | 91.69% | - | - | - | - |