Archer Daniels Midland ADM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Topic 606 Revenue by Business | ||||||
| Ag Services and Oilseeds | $16B+14.2% | $14.01B-10.2% | $15.61B-4.0% | $16.27B+3.8% | $15.68B-7.1% | |
| Carbohydrate Solutions | $2.56B-3.1% | $2.64B-3.4% | $2.73B-2.1% | $2.79B+8.6% | $2.57B-6.5% | |
| Nutrition | $1.81B+1.1% | $1.79B-6.8% | $1.92B-3.9% | $1.99B+9.7% | $1.82B+2.4% | |
| Topic 815 Revenue by Business | ||||||
| Ag Services and Oilseeds | $13.83B+15.7% | $11.95B-10.7% | $13.39B-6.1% | $14.26B+5.8% | $13.48B-8.0% | |
| Carbohydrate Solutions | $522M-5.3% | $551M-3.2% | $569M+1.4% | $561M+1.4% | $553M-3.7% | |
| Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Operating Profit, Adjusted by Business | ||||||
| Ag Services and Oilseeds | $273M-38.5% | $444M+17.2% | $379M0.0% | $379M-8.0% | $412M-36.0% | |
| Carbohydrate Solutions | $356M+19.1% | $299M-11.0% | $336M-0.3% | $337M+40.4% | $240M-24.8% | |
| Nutrition | $135M+75.3% | $77M-40.8% | $130M+14.0% | $114M+20.0% | $95M+8.0% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| Ag Services and Oilseeds | $49M-87.1% | $379M+592% | -$77M-171% | $109M-0.9% | $110M+26.4% | |
| Carbohydrate Solutions | $34M+25.9% | $27M0.0% | $27M+28.6% | $21M-27.6% | $29M+3.6% | |
| Nutrition | $4M-50.0% | $8M-11.1% | $9M+80.0% | $5M-28.6% | $7M-12.5% | |
| Interest and investment income by Business | ||||||
| Ag Services and Oilseeds | $24M+71.4% | $14M+40.0% | $10M+11.1% | $9M-57.1% | $21M-57.1% | |
| Carbohydrate Solutions | $1M— | —— | —— | —— | $0— | |
| Cost of materials by Business | ||||||
| Ag Services and Oilseeds | $14.77B+17.1% | $12.61B-11.4% | $14.24B-4.7% | $14.94B+4.2% | $14.34B-6.1% | |
| Carbohydrate Solutions | $1.46B-10.5% | $1.63B-3.9% | $1.7B-2.6% | $1.75B+8.9% | $1.6B-9.1% | |
| Nutrition | $1.05B-5.0% | $1.11B-6.1% | $1.18B-2.7% | $1.21B+6.6% | $1.14B+0.7% | |
| Amortization expense by Business | ||||||
| Ag Services and Oilseeds | $3M0.0% | $3M0.0% | $3M0.0% | $3M0.0% | $3M-25.0% | |
| Carbohydrate Solutions | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | $1M-50.0% | |
| Nutrition | $39M0.0% | $39M0.0% | $39M0.0% | $39M0.0% | $39M+2.6% | |
| Depreciation expense by Business | ||||||
| Ag Services and Oilseeds | $102M-2.9% | $105M0.0% | $105M+1.0% | $104M+4.0% | $100M+4.2% | |
| Carbohydrate Solutions | $79M-12.2% | $90M+20.0% | $75M0.0% | $75M0.0% | $75M-1.3% | |
| Nutrition | $42M+2.4% | $41M-2.4% | $42M+10.5% | $38M+2.7% | $37M-2.6% | |
| Manufacturing costs by Business | ||||||
| Ag Services and Oilseeds | $894M-2.7% | $919M+4.6% | $879M+1.4% | $867M-1.6% | $881M-2.9% | |
| Carbohydrate Solutions | $692M+1.8% | $680M+4.3% | $652M+0.8% | $647M-4.4% | $677M+3.8% | |
| Nutrition | $330M+0.3% | $329M-0.9% | $332M+1.8% | $326M+2.2% | $319M-1.5% | |
| Other segment items by Business | ||||||
| Ag Services and Oilseeds | -$141M+19.4% | -$175M-76.8% | -$99M+29.3% | -$140M+6.7% | -$150M+22.7% | |
| Carbohydrate Solutions | -$41M+22.6% | -$53M-55.9% | -$34M-70.0% | -$20M+33.3% | -$30M+54.5% | |
| Nutrition | -$6M— | —— | -$4M-107% | $55M+493% | -$14M+75.9% | |
| Restructuring and exit costs by Business | ||||||
| Ag Services and Oilseeds | $2M-83.3% | $12M+140% | $5M+25.0% | $4M-82.6% | $23M— | |
| Carbohydrate Solutions | $1M-66.7% | $3M— | —— | —— | $5M— | |
| Nutrition | $4M-76.5% | $17M-74.6% | $67M-43.7% | $119M+2,875% | $4M— | |
| Selling, general, and administrative expenses by Business | ||||||
| Ag Services and Oilseeds | $210M-2.8% | $216M0.0% | $216M-3.1% | $223M+15.5% | $193M-20.2% | |
| Carbohydrate Solutions | $91M+11.0% | $82M+2.5% | $80M-3.6% | $83M+1.2% | $82M-1.2% | |
| Nutrition | $292M+1.7% | $287M+3.6% | $277M-2.5% | $284M+2.2% | $278M-3.8% | |
| Topic 815 Revenue by Product | ||||||
| Ag Services | $9.44B+24.6% | $7.58B-16.3% | $9.06B-8.3% | $9.87B+6.3% | $9.29B-9.4% | |
| Animal Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Crushing | $2.56B+4.5% | $2.45B-0.1% | $2.45B-3.7% | $2.54B+0.2% | $2.54B-4.0% | |
| Human Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Refined Products and Other | $1.83B-5.2% | $1.93B+2.6% | $1.88B+1.8% | $1.85B+12.1% | $1.65B-5.8% | |
| Starches and Sweeteners | $522M-5.3% | $551M-3.2% | $569M+1.4% | $561M+1.4% | $553M-3.7% | |
| Vantage Corn Processors | $0— | $0— | $0— | $0— | $0— | |
| Revenue by Product | ||||||
| Ag Services | $10.6B+22.5% | $8.66B-15.8% | $10.28B-5.7% | $10.9B+3.4% | $10.54B-8.3% | |
| Crushing | $2.7B+7.5% | $2.51B-2.9% | $2.58B-1.9% | $2.63B-0.4% | $2.64B-5.4% | |
| Refined Products and Other | $2.7B-5.3% | $2.85B+3.5% | $2.76B+0.5% | $2.74B+9.8% | $2.5B-3.8% | |
| Starches and Sweeteners | $1.93B-0.5% | $1.94B-3.2% | $2.01B-4.5% | $2.1B+8.4% | $1.94B-4.5% | |
| Topic 606 Revenue by Product | ||||||
| Animal Nutrition | $780M-5.5% | $825M-2.8% | $849M+2.0% | $832M+1.6% | $819M-4.7% | |
| Human Nutrition | $1.03B+6.7% | $961M-9.9% | $1.07B-8.1% | $1.16B+16.3% | $998M+9.1% | |
| Vantage Corn Processors | $628M-10.4% | $701M-3.8% | $729M+5.3% | $692M+9.1% | $634M-12.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Archer Daniels Midland break its business down?
- Archer Daniels Midland (ADM) reports topic 606 revenue by business across 3 parts — Ag Services and Oilseeds, Carbohydrate Solutions and Nutrition. Each is extracted from the segment footnotes and tracked over time.
- Where does Archer Daniels Midland's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Archer Daniels Midland's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
