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AGCO AGCO Europe/Middle East — Engineering expenses

Other segment segments

North America
$40M+14.0%
Latin America
$15M
Asia/Pacific/Africa
$2.9M+16.0%

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VRTEurope, Middle East, & Africa — Goodwill
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Other financials

Income statement

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Revenue$2.6B-1.0%
Gross profit$645.9M-1.9%
Operating income$140.7M-14.2%
Net income$77.2M-75.5%
EPS (diluted)$1.08-74.4%

Balance sheet

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Cash & equivalents$573.4M-26.9%
Total debt$2.9B-8.4%
Total equity$4.1B-2.1%
Total assets$11.9B-3.5%

Cash flow

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Operating cash flow-$410.4M-93.4%
CapEx$57.2M+35.5%
Free cash flow-$455.0M-74.7%

Valuation

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Market cap$7.27B-13.8%
Enterprise value$9.59B-11.3%
P/E13.6×-71.1×
P/S0.7×-0.1×

Profitability

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Gross margin25.3%+1.0pp
Operating margin5.8%+5.2pp
Net margin5.2%+4.2pp
FCF margin5.3%+0.6pp

Returns & leverage

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Return on equity12.9%+10.5pp
Debt / equity0.7×0.0×
Current ratio1.3×-0.2×

Where this comes from

Reported directly by AGCO in its filing.

Tagged under the XBRL concept agco:EngineeringExpenses.

The source filing: AGCO’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 11:36 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000880266-26-000068
Three Months Ended June 30,North AmericaLatin AmericaEurope/Middle EastAsia/Pacific/AfricaTotal Segments
Net sales$471.5$271.3$1,732.4$134.5$2,609.7
Cost of goods sold378.9236.01,242.4106.51,963.8
Selling, general and administrative expenses77.142.1146.514.8280.5
Engineering expenses40.015.083.32.9141.2
Income (loss) from operations$(24.5)$(21.8)$260.2$10.3$224.2
Depreciation$14.7$9.8$39.1$3.5$67.1
Capital expenditures8.79.238.40.957.2
2025

Item 1. Financial Statements (unaudited)

FAQ

What is AGCO's europe/middle east — engineering expenses?
AGCO (AGCO) reported europe/middle east — engineering expenses of $83.3M in Q2 2026.
How has AGCO's europe/middle east — engineering expenses changed year-over-year?
AGCO's europe/middle east — engineering expenses increased by 12.3% year-over-year, from $74.2M to $83.3M.
What is the long-term trend for AGCO's europe/middle east — engineering expenses?
Over 3 years (2022 to 2025), AGCO's europe/middle east — engineering expenses has grown at a 3.7% compound annual growth rate (CAGR), from $266M to $296.3M.
What does europe/middle east — engineering expenses mean?
Reflects the costs dedicated to research, development, and engineering activities specifically supporting the product lines sold in the Europe and Middle East region. This investment is critical for maintaining product innovation and compliance with regional regulatory standards.

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