Archer Daniels Midland ADM Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Topic 606 Revenue by Business | ||||||
| Ag Services and Oilseeds | $61.9B-4.7% | $61.57B-7.4% | $64.43B+28.7% | $63.91B+24.2% | $64.97B+87.3% | |
| Carbohydrate Solutions | $10.73B-3.6% | $10.74B-4.4% | $10.85B+25.0% | $11.02B+21.2% | $11.12B+73.1% | |
| Nutrition | $7.5B+2.3% | $7.51B+2.2% | $7.5B+34.2% | $7.42B+33.8% | $7.33B+101% | |
| Topic 815 Revenue by Business | ||||||
| Ag Services and Oilseeds | $53.43B-6.3% | $53.08B-9.9% | $55.77B-8.3% | $55.78B-10.2% | $57.04B— | |
| Carbohydrate Solutions | $2.2B-1.8% | $2.23B-0.8% | $2.26B-0.1% | $2.25B-3.1% | $2.24B— | |
| Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Operating Profit, Adjusted by Business | ||||||
| Ag Services and Oilseeds | $1.48B-26.1% | $1.61B-34.0% | $1.81B-35.7% | $1.92B-42.9% | $2B-49.0% | |
| Carbohydrate Solutions | $1.33B-2.9% | $1.21B-11.9% | $1.23B-12.0% | $1.35B+4.3% | $1.37B+6.9% | |
| Nutrition | $456M+14.9% | $416M+7.8% | $427M+5.5% | $402M-1.1% | $397M-1.8% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| Ag Services and Oilseeds | $460M+14.1% | $521M+10.1% | $229M-54.3% | $395M-25.0% | $403M-23.1% | |
| Carbohydrate Solutions | $109M-12.8% | $104M-18.8% | $105M-11.8% | $115M+13.9% | $125M+40.4% | |
| Nutrition | $26M-13.3% | $29M+3.6% | $29M+14.9% | $29M+34.9% | $30M+44.6% | |
| Interest and investment income by Business | ||||||
| Ag Services and Oilseeds | $57M-41.2% | $54M-35.7% | $89M+83.5% | $93M+93.8% | $97M+100% | |
| Cost of materials by Business | ||||||
| Ag Services and Oilseeds | $56.55B-4.5% | $56.13B-7.0% | $58.79B-4.5% | $58.23B-9.4% | $59.24B-8.6% | |
| Carbohydrate Solutions | $6.54B-7.1% | $6.68B-6.8% | $6.81B-10.3% | $6.92B-13.0% | $7.04B-15.0% | |
| Nutrition | $4.56B-1.5% | $4.64B-0.2% | $4.67B-0.1% | $4.64B-0.4% | $4.63B+0.1% | |
| Amortization expense by Business | ||||||
| Ag Services and Oilseeds | $12M-14.3% | $12M-14.3% | $13M-8.8% | $13M-16.1% | $14M-11.1% | |
| Carbohydrate Solutions | $4M-20.0% | $4M-33.3% | $5M-16.7% | $5M-28.6% | $5M-37.5% | |
| Nutrition | $156M-1.3% | $156M-1.3% | $155M+0.6% | $156M+5.4% | $158M+12.1% | |
| Depreciation expense by Business | ||||||
| Ag Services and Oilseeds | $416M+8.1% | $414M+9.8% | $405M+9.9% | $394M+8.8% | $385M+8.6% | |
| Carbohydrate Solutions | $319M+5.3% | $315M+4.0% | $301M-0.7% | $303M+0.3% | $303M0.0% | |
| Nutrition | $163M+6.5% | $158M+3.9% | $155M+5.4% | $153M+9.3% | $153M+13.3% | |
| Manufacturing costs by Business | ||||||
| Ag Services and Oilseeds | $3.56B+2.2% | $3.55B+3.2% | $3.53B+5.1% | $3.51B+4.9% | $3.48B+4.4% | |
| Carbohydrate Solutions | $2.67B+1.6% | $2.66B+2.5% | $2.63B+2.0% | $2.64B+3.2% | $2.63B+2.9% | |
| Nutrition | $1.32B+3.7% | $1.31B+4.6% | $1.3B+7.6% | $1.28B+9.0% | $1.27B+10.4% | |
| Other segment items by Business | ||||||
| Ag Services and Oilseeds | -$555M+9.6% | -$564M+15.3% | -$583M+6.6% | -$624M+2.0% | -$614M+6.9% | |
| Carbohydrate Solutions | -$148M+35.7% | -$137M+40.4% | -$150M+20.9% | -$208M-68.4% | -$230M-114% | |
| Restructuring and exit costs by Business | ||||||
| Ag Services and Oilseeds | $23M— | $44M— | —— | —— | —— | |
| Nutrition | $207M— | $207M— | —— | —— | —— | |
| Selling, general, and administrative expenses by Business | ||||||
| Ag Services and Oilseeds | $865M-0.6% | $848M-7.7% | $874M-2.6% | $874M-3.0% | $870M-3.5% | |
| Carbohydrate Solutions | $336M+6.3% | $327M+0.3% | $328M+1.3% | $321M-3.2% | $316M-5.5% | |
| Nutrition | $1.14B-0.7% | $1.13B-3.4% | $1.13B-0.7% | $1.14B+3.0% | $1.15B+7.1% | |
| Topic 815 Revenue by Product | ||||||
| Ag Services | $35.94B-7.1% | $35.79B-9.1% | $38.47B-3.9% | $37.99B-6.2% | $38.69B— | |
| Animal Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Crushing | $10B-6.6% | $9.98B-12.3% | $10.18B-15.9% | $10.5B-16.4% | $10.7B— | |
| Human Nutrition | $0— | $0— | $0— | $0— | $0— | |
| Refined Products and Other | $7.49B-2.1% | $7.31B-10.3% | $7.13B-18.0% | $7.29B-19.5% | $7.65B— | |
| Starches and Sweeteners | $2.2B-1.8% | $2.23B-0.8% | $2.26B-0.1% | $2.25B-3.1% | $2.24B— | |
| Vantage Corn Processors | $0— | $0— | $0— | $0— | $0— | |
| Revenue by Product | ||||||
| Ag Services | $40.43B-6.9% | $40.36B-8.4% | $43.19B-45.6% | $42.57B-39.2% | $43.42B— | |
| Crushing | $10.41B-6.6% | $10.35B-12.5% | $10.64B-15.2% | $10.93B-16.2% | $11.15B— | |
| Refined Products and Other | $11.06B+6.3% | $10.85B+2.4% | $10.6B-2.4% | $10.41B-7.2% | $10.4B— | |
| Starches and Sweeteners | $7.98B-4.7% | $7.98B-7.0% | $8.07B-8.1% | $8.26B-8.7% | $8.37B— | |
| Topic 606 Revenue by Product | ||||||
| Animal Nutrition | $3.29B-2.0% | $3.33B-2.3% | $3.36B-2.2% | $3.34B-4.4% | $3.35B— | |
| Human Nutrition | $4.21B+5.9% | $4.19B+6.2% | $4.14B+7.3% | $4.08B+8.5% | $3.98B— | |
| Vantage Corn Processors | $2.75B-0.2% | $2.76B+4.1% | $2.78B+19.1% | $2.76B+10.9% | $2.76B— |
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.
