Archer Daniels Midland (ADM) financials
Archer Daniels Midland revenue and earnings by year
Archer Daniels Midland's revenue was $80.3 billion in the fiscal year to December 31, 2025, down 6.2% from the year before. Net income was $1.08 billion, 1.3% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 2.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 80.3 | 85.5 | 93.9 | 101.6 | 85.2 | 64.4 | 64.7 | 64.3 | 60.8 | 62.3 |
| Revenue growth | -6.2% | -8.9% | -7.5% | 19.1% | 32.5% | -0.5% | 0.5% | 5.8% | -2.4% | — |
| Gross profit | 5.0 | 5.8 | 7.5 | 7.6 | 6.0 | 4.5 | 4.1 | 4.2 | 3.5 | 3.6 |
| Gross margin | 6.3% | 6.8% | 8.0% | 7.5% | 7.0% | 6.9% | 6.4% | 6.5% | 5.8% | 5.8% |
| Operating income | 1.0 | 1.5 | 3.7 | 4.1 | 2.8 | 1.7 | 1.4 | 1.8 | 1.4 | 1.6 |
| Operating margin | 1.2% | 1.8% | 4.0% | 4.1% | 3.3% | 2.6% | 2.1% | 2.9% | 2.2% | 2.5% |
| Net income | 1.1 | 1.8 | 3.5 | 4.3 | 2.7 | 1.8 | 1.4 | 1.8 | 1.6 | 1.3 |
| Net margin | 1.3% | 2.1% | 3.7% | 4.3% | 3.2% | 2.8% | 2.1% | 2.8% | 2.6% | 2.1% |
| Diluted EPS | $2.23 | $3.65 | $6.40 | $7.71 | $4.79 | $3.15 | $2.45 | $3.19 | $2.80 | $2.18 |
| Free cash flow | 4.2 | 1.2 | 3.0 | 2.2 | 5.4 | -3.2 | -6.3 | -5.6 | -7.0 | -7.4 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open ADM in Markets.
How Archer Daniels Midland makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Ag Services & Oilseeds | $17.9B | 79.4% |
| Carbohydrate Solutions | $2.76B | 12.2% |
| Nutrition | $1.90B | 8.4% |
See also: ADM valuation and P/E history · ADM returns
No forecast, no recommendation. This page describes Archer Daniels Midland from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.