Financial Statements — ADM
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.59 | 1.24 | 1.06 | 0.86 | 0.78 | 0.76 | 0.83 | 1.50 | 1.43 | 0.90 | 1.10 | 0.91 | 1.08 | 1.08 | 0.87 | 0.69 |
| Accounts Receivable | 3.71 | 3.63 | 3.67 | 4.42 | 3.77 | 4.38 | 4.18 | 4.44 | 4.11 | 4.47 | 4.68 | 5.34 | 4.24 | 3.80 | 3.48 | 3.27 |
| Inventory | 11.74 | 8.70 | 9.72 | 11.55 | 10.75 | 10.44 | 11.63 | 11.22 | 11.90 | 14.77 | 13.28 | 14.49 | 17.29 | 11.17 | 11.45 | 12.76 |
| Total Current Assets | 29.99 | 26.43 | 26.29 | 27.88 | 26.63 | 26.96 | 29.01 | 30.52 | 30.69 | 34.33 | 34.57 | 37.65 | 40.45 | 29.29 | 28.50 | 29.28 |
| Property, Plant & Equipment | 10.97 | 11.09 | 11.14 | 11.00 | 10.83 | 10.63 | 10.60 | 10.22 | 10.13 | 10.07 | 9.61 | 9.68 | 9.79 | 9.85 | 9.87 | 9.80 |
| Goodwill | 4.65 | 4.76 | 4.77 | 4.62 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 1.91 | 2.04 | 2.27 | 2.25 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 25.60 | 25.49 | 25.70 | 25.52 | 25.57 | 25.74 | 25.83 | 24.57 | 24.81 | 24.48 | 23.74 | 24.18 | 24.41 | 23.01 | 22.45 | 22.19 |
| Total Assets | 55.60 | 51.92 | 52.00 | 53.40 | 52.20 | 52.70 | 54.83 | 55.09 | 55.50 | 58.80 | 58.30 | 61.83 | 64.87 | 52.30 | 50.96 | 51.48 |
| Accounts Payable | 5.46 | 4.99 | 4.47 | 5.15 | 4.91 | 5.04 | 5.60 | 5.25 | 5.08 | 6.27 | 6.54 | 5.60 | 6.14 | 4.62 | 3.44 | 4.01 |
| Short-term Debt | 1.72 | 0.25 | 0.86 | 2.77 | 1.73 | 2.31 | 1.73 | 0.12 | 0.13 | 1.81 | 0.18 | 2.35 | 3.78 | 0.31 | 1.29 | 2.76 |
| Total Current Liabilities | 22.88 | 19.27 | 18.47 | 20.17 | 19.00 | 18.68 | 19.73 | 18.11 | 18.79 | 22.73 | 22.94 | 25.66 | 28.52 | 18.58 | 17.30 | 18.51 |
| Long-term Debt | 6.46 | 6.61 | 7.61 | 7.60 | 7.60 | 8.25 | 8.24 | 8.22 | 8.24 | 7.75 | 7.67 | 8.06 | 8.75 | 8.04 | 8.43 | 8.44 |
| Total Non-current Liabilities | 9.62 | 9.90 | 10.84 | 10.85 | 10.93 | 11.55 | 11.56 | 11.41 | 11.43 | 10.88 | 11.05 | 11.48 | 12.33 | 11.51 | 11.99 | 12.02 |
| Retained Earnings | 22.02 | 21.81 | 21.95 | 21.98 | 21.61 | 21.83 | 23.07 | 24.70 | 24.24 | 24.22 | 23.10 | 23.29 | 22.48 | 21.08 | 20.76 | 20.26 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 6.14 | 6.05 | 6.42 | 6.34 | 6.15 | (25.71) | 5.99 | 22.25 | 21.85 | 22.98 | 21.70 | 25.19 | 24.07 | 25.94 | 24.68 | 27.28 | 23.65 | 23.09 | 20.34 | 22.93 |
| Cost of Revenue | 19.27 | 17.34 | 19.10 | 19.80 | 19.00 | 20.14 | 18.57 | 20.85 | 20.19 | 21.24 | 19.89 | 23.31 | 21.99 | 24.18 | 22.87 | 25.18 | 21.75 | 21.44 | 19.01 | 21.46 |
| Gross Profit | 1.22 | 1.21 | 1.27 | 1.37 | 1.18 | 1.36 | 1.37 | 1.40 | 1.66 | 1.74 | 1.81 | 1.88 | 2.08 | 1.76 | 1.81 | 2.10 | 1.90 | 1.65 | 1.33 | 1.46 |
| Selling, General & Admin | 0.96 | 0.89 | 0.87 | 0.91 | 0.93 | 0.94 | 0.91 | 0.91 | 0.95 | 0.92 | 0.82 | 0.84 | 0.88 | 0.90 | 0.82 | 0.81 | 0.83 | 0.79 | 0.72 | 0.74 |
| Interest Expense | 0.15 | 0.14 | 0.15 | 0.16 | 0.16 | 0.18 | 0.17 | 0.19 | 0.17 | 0.17 | 0.16 | 0.18 | 0.15 | 0.13 | 0.10 | 0.07 | 0.09 | 0.08 | 0.06 | 0.04 |
| Pretax Income | 0.38 | 0.48 | 0.15 | 0.28 | 0.35 | 0.67 | 0.11 | 0.60 | 0.89 | 0.73 | 1.03 | 1.13 | 1.40 | 1.21 | 1.23 | 1.52 | 1.27 | 1.01 | 0.65 | 0.83 |
| Tax Provision | 0.08 | 0.02 | 0.04 | 0.06 | 0.06 | 0.11 | 0.09 | 0.12 | 0.17 | 0.19 | 0.21 | 0.20 | 0.23 | 0.19 | 0.19 | 0.28 | 0.21 | 0.21 | 0.12 | 0.11 |
| Net Income | 0.30 | 0.46 | 0.11 | 0.22 | 0.30 | 0.57 | 0.02 | 0.49 | 0.73 | 0.56 | 0.82 | 0.93 | 1.17 | 1.02 | 1.03 | 1.24 | 1.05 | 0.78 | 0.53 | 0.71 |
| Basic EPS | 0.62 | 0.95 | 0.22 | 0.45 | 0.61 | 1.21 | 0.04 | 0.99 | 1.42 | 1.09 | 1.52 | 1.70 | 2.13 | 1.84 | 1.84 | 2.18 | 1.86 | 1.39 | 0.93 | 1.26 |
| Diluted EPS | 0.62 | 0.95 | 0.22 | 0.45 | 0.61 | 1.21 | 0.04 | 0.98 | 1.42 | 1.09 | 1.52 | 1.70 | 2.12 | 1.84 | 1.83 | 2.18 | 1.86 | 1.38 | 0.93 | 1.26 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 0.15 | (0.31) | 1.81 | 4.30 | (0.34) | 0.32 | 1.30 | 0.47 | 0.70 | 2.57 | 0.99 | 2.51 | (1.61) | 0.13 | 4.02 | 0.53 | (1.21) | 0.74 | 2.85 | 2.71 |
| Capital Expenditures | 0.19 | 0.36 | 0.30 | 0.31 | 0.29 | 0.49 | 0.38 | 0.36 | 0.33 | 0.44 | 0.44 | 0.29 | 0.33 | 0.48 | 0.34 | 0.28 | 0.22 | 0.46 | 0.29 | 0.25 |
| Free Cash Flow* | (0.04) | (0.67) | 1.51 | 3.99 | (0.63) | (0.17) | 0.92 | 0.11 | 0.37 | 2.13 | 0.55 | 2.22 | (1.94) | (0.35) | 3.68 | 0.25 | (1.42) | 0.29 | 2.56 | 2.46 |
| Investing Cash Flow | (0.13) | (0.37) | (0.25) | (0.26) | (0.13) | (0.70) | (0.39) | (0.38) | (1.23) | (0.43) | (0.45) | (0.28) | (0.33) | (0.45) | (0.30) | (0.30) | (0.34) | (1.38) | (0.89) | (0.22) |
| Financing Cash Flow | 0.61 | 0.31 | (1.62) | (2.17) | 0.59 | (0.06) | (0.80) | (0.66) | -0.00 | (1.80) | (0.67) | (2.73) | 0.60 | (0.13) | (3.85) | (1.83) | 3.32 | 0.44 | (0.98) | (1.65) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Dividends Per Share | 0.52 | 0.51 | 0.51 | 0.51 | 0.51 | 0.50 | 0.50 | 0.50 | 0.50 | 0.45 | 0.45 | 0.45 | 0.45 | 0.40 | 0.40 | 0.40 | 0.40 | 0.37 | 0.37 | 0.37 |
