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+2.1% | $14.01B-16.9% | $15.61B+3.5% | $16.27B-6.1% | $15.68B-9.0% | |
| Carbohydrate Solutions | $2.56B-0.5% | $2.64B-4.0% | $2.73B-6.0% | $2.79B-3.5% | $2.57B-4.2% | |
| Nutrition | $1.81B-0.7% | $1.79B+0.7% | $1.92B+4.6% | $1.99B+4.5% | $1.82B-1.0% | |
| Topic 815 Revenue by Business | ||||||
| Ag Services and Oilseeds | $13.83B+2.6% | $11.95B-18.4% | $13.39B0.0% | $14.26B-8.1% | $13.48B-12.1% | |
| Carbohydrate Solutions | $522M-5.6% | $551M-4.0% | $569M+1.8% | $561M+0.7% | $553M-1.8% | |
| Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Operating Profit, Adjusted by Business | ||||||
| Ag Services and Oilseeds | $273M-33.7% | $444M-31.1% | $379M-21.0% | $379M-17.4% | $412M-52.3% | |
| Carbohydrate Solutions | $356M+48.3% | $299M-6.3% | $336M-25.7% | $337M-5.6% | $240M-3.2% | |
| Nutrition | $135M+42.1% | $77M-12.5% | $130M+23.8% | $114M+4.6% | $95M+13.1% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| Ag Services and Oilseeds | $49M-55.5% | $379M+336% | -$77M-187% | $109M-6.8% | $110M-38.9% | |
| Carbohydrate Solutions | $34M+17.2% | $27M-3.6% | $27M-27.0% | $21M-32.3% | $29M-9.4% | |
| Nutrition | $4M-42.9% | $8M0.0% | $9M0.0% | $5M-16.7% | $7M+40.0% | |
| Interest and investment income by Business | ||||||
| Ag Services and Oilseeds | $24M+14.3% | $14M-71.4% | $10M-28.6% | $9M-30.8% | $21M+163% | |
| Carbohydrate Solutions | $1M— | —— | —— | —— | $0— | |
| Cost of materials by Business | ||||||
| Ag Services and Oilseeds | $14.77B+3.0% | $12.61B-17.4% | $14.24B+4.1% | $14.94B-6.3% | $14.34B-7.4% | |
| Carbohydrate Solutions | $1.46B-8.8% | $1.63B-7.3% | $1.7B-6.3% | $1.75B-6.3% | $1.6B-7.5% | |
| Nutrition | $1.05B-7.5% | $1.11B-1.9% | $1.18B+1.8% | $1.21B+1.5% | $1.14B-2.1% | |
| Amortization expense by Business | ||||||
| Ag Services and Oilseeds | $3M0.0% | $3M-25.0% | $3M0.0% | $3M-25.0% | $3M0.0% | |
| Carbohydrate Solutions | $1M0.0% | $1M-50.0% | $1M0.0% | $1M0.0% | $1M-50.0% | |
| Nutrition | $39M0.0% | $39M+2.6% | $39M-2.5% | $39M-4.9% | $39M0.0% | |
| Depreciation expense by Business | ||||||
| Ag Services and Oilseeds | $102M+2.0% | $105M+9.4% | $105M+11.7% | $104M+9.5% | $100M+8.7% | |
| Carbohydrate Solutions | $79M+5.3% | $90M+18.4% | $75M-2.6% | $75M0.0% | $75M0.0% | |
| Nutrition | $42M+13.5% | $41M+7.9% | $42M+5.0% | $38M0.0% | $37M+2.8% | |
| Manufacturing costs by Business | ||||||
| Ag Services and Oilseeds | $894M+1.5% | $919M+1.3% | $879M+3.0% | $867M+2.8% | $881M+5.8% | |
| Carbohydrate Solutions | $692M+2.2% | $680M+4.3% | $652M-1.2% | $647M+1.3% | $677M+5.6% | |
| Nutrition | $330M+3.4% | $329M+1.5% | $332M+5.4% | $326M+4.5% | $319M+7.0% | |
| Other segment items by Business | ||||||
| Ag Services and Oilseeds | -$141M+6.0% | -$175M+9.8% | -$99M+29.3% | -$140M-7.7% | -$150M+25.7% | |
| Carbohydrate Solutions | -$41M-36.7% | -$53M+19.7% | -$34M+63.0% | -$20M+52.4% | -$30M0.0% | |
| Nutrition | -$6M+57.1% | —— | -$4M+89.2% | $55M+2,850% | -$14M-133% | |
| Restructuring and exit costs by Business | ||||||
| Ag Services and Oilseeds | $2M-91.3% | $12M— | $5M— | $4M— | $23M— | |
| Carbohydrate Solutions | $1M-80.0% | $3M— | —— | —— | $5M— | |
| Nutrition | $4M0.0% | $17M— | $67M— | $119M— | $4M+33.3% | |
| Selling, general, and administrative expenses by Business | ||||||
| Ag Services and Oilseeds | $210M+8.8% | $216M-10.7% | $216M0.0% | $223M+1.8% | $193M-20.2% | |
| Carbohydrate Solutions | $91M+11.0% | $82M-1.2% | $80M+9.6% | $83M+6.4% | $82M-10.9% | |
| Nutrition | $292M+5.0% | $287M-0.7% | $277M-3.8% | $284M-3.1% | $278M-6.1% | |
| Topic 815 Revenue by Product | ||||||
| Ag Services | $9.44B+1.6% | $7.58B-26.1% | $9.06B+5.5% | $9.87B-6.6% | $9.29B-7.0% | |
| Animal Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Crushing | $2.56B+0.7% | $2.45B-7.5% | $2.45B-11.6% | $2.54B-7.4% | $2.54B-20.9% | |
| Human Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Refined Products and Other | $1.83B+11.0% | $1.93B+10.3% | $1.88B-7.7% | $1.85B-16.5% | $1.65B-23.2% | |
| Starches and Sweeteners | $522M-5.6% | $551M-4.0% | $569M+1.8% | $561M+0.7% | $553M-1.8% | |
| Vantage Corn Processors | $0— | $0— | $0— | $0— | $0— | |
| Revenue by Product | ||||||
| Ag Services | $10.6B+0.6% | $8.66B-24.6% | $10.28B+6.5% | $10.9B-7.2% | $10.54B-5.9% | |
| Crushing | $2.7B+2.1% | $2.51B-10.2% | $2.58B-10.1% | $2.63B-7.8% | $2.64B-20.7% | |
| Refined Products and Other | $2.7B+8.1% | $2.85B+9.8% | $2.76B+7.4% | $2.74B+0.3% | $2.5B-7.2% | |
| Starches and Sweeteners | $1.93B-0.3% | $1.94B-4.3% | $2.01B-8.5% | $2.1B-5.0% | $1.94B-10.2% | |
| Topic 606 Revenue by Product | ||||||
| Animal Nutrition | $780M-4.8% | $825M-4.0% | $849M+2.7% | $832M-1.8% | $819M-6.1% | |
| Human Nutrition | $1.03B+2.7% | $961M+5.0% | $1.07B+6.3% | $1.16B+9.4% | $998M+3.5% | |
| Vantage Corn Processors | $628M-0.9% | $701M-2.9% | $729M+1.8% | $692M+1.3% | $634M+20.3% |
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.
