Bunge BG Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Grain Merchandising and Milling | $7.18B+201% | $6.98B+211% | $6.43B+168% | $2.33B— | $2.38B— | |
| Softseed Processing and Refining | $3.9B+158% | $4.55B+151% | $3.66B+130% | $1.53B— | $1.52B— | |
| Soybean Processing and Refining | $9.55B+43.4% | $11.05B+31.9% | $10.86B+38.2% | $7.75B— | $6.66B— | |
| Tropical Oils and Specialty Ingredients | $1.23B+13.4% | —— | —— | —— | $1.08B— | |
| Other segment items by Business | ||||||
| Grain Merchandising and Milling | $6M-80.0% | —— | —— | —— | $30M+122% | |
| Softseed Processing and Refining | $1M-87.5% | —— | —— | —— | $8M+171% | |
| Soybean Processing and Refining | -$46M-202% | —— | —— | —— | $45M+334% | |
| Tropical Oils and Specialty Ingredients | -$17M-240% | —— | —— | —— | -$5M— | |
| Income (loss) from affiliates by Business | ||||||
| Grain Merchandising and Milling | $0+100% | $8M— | $2M-50.0% | $2M— | -$1M— | |
| Softseed Processing and Refining | $0+100% | —— | $0— | —— | -$5M— | |
| Soybean Processing and Refining | $5M-54.5% | $3M— | $6M+119% | $2M— | $11M— | |
| Tropical Oils and Specialty Ingredients | $0— | —— | —— | —— | $0— | |
| Sales from commodity contracts (ASC 815) by Business | ||||||
| Grain Merchandising and Milling | $6.6B+248% | $6.35B+265% | $5.82B+217% | $1.83B— | $1.9B— | |
| Softseed Processing and Refining | $2.83B+296% | $3.48B+257% | $2.75B+225% | $686M— | $714M— | |
| Soybean Processing and Refining | $7.75B+44.6% | $9.01B+32.2% | $9.16B+44.7% | $6.17B— | $5.36B— | |
| Tropical Oils and Specialty Ingredients | $23M+130% | —— | —— | —— | $10M— | |
| Total Assets by Business | ||||||
| Grain Merchandising and Milling | $14.27B+180% | $14.1B+215% | $14.05B+222% | —— | $5.09B— | |
| Softseed Processing and Refining | $7.89B+202% | $7.65B+190% | $7.09B+166% | —— | $2.61B— | |
| Soybean Processing and Refining | $18.64B+62.2% | $16.35B+61.7% | $18.83B+71.6% | —— | $11.49B— | |
| Tropical Oils and Specialty Ingredients | $4.15B+26.5% | —— | —— | —— | $3.28B— | |
| EBIT by Business | ||||||
| Grain Merchandising and Milling | -$76M-265% | $211M+19.2% | $21M-73.4% | $187M— | $46M— | |
| Softseed Processing and Refining | $76M-7.3% | $184M+31.4% | $236M+78.8% | $19M— | $82M— | |
| Soybean Processing and Refining | $209M-22.9% | $157M-61.6% | $337M+51.8% | $460M— | $271M— | |
| Tropical Oils and Specialty Ingredients | $110M+2,100% | —— | —— | —— | $5M— | |
| Selling, General and Administrative Expense by Business | ||||||
| Grain Merchandising and Milling | $127M+115% | $125M+116% | $145M+113% | $62M— | $59M— | |
| Softseed Processing and Refining | $61M+74.3% | $81M+92.9% | $58M+65.7% | $38M— | $35M— | |
| Soybean Processing and Refining | $143M+31.2% | $187M+54.5% | $143M+28.8% | $113M— | $109M— | |
| Tropical Oils and Specialty Ingredients | $61M+5.2% | —— | —— | —— | $58M— | |
| Liabilities held for sale (Note 2) by Business | ||||||
| Tropical Oils and Specialty Ingredients | $58M— | —— | —— | —— | —— | |
| Disposal Group, Including Discontinued Operation, Assets by Business | ||||||
| Tropical Oils and Specialty Ingredients | $193M— | —— | —— | —— | —— | |
| Depreciation, depletion and amortization by Business | ||||||
| Grain Merchandising and Milling | $70M+312% | $64M+300% | $83M+419% | $12M— | $17M— | |
| Softseed Processing and Refining | $43M+126% | $41M+105% | $44M+110% | $21M— | $19M— | |
| Soybean Processing and Refining | $84M+71.4% | $86M+72.0% | $78M+66.0% | $52M— | $49M— | |
| Tropical Oils and Specialty Ingredients | $34M+13.3% | —— | —— | —— | $30M— | |
| Cost, Direct Material by Business | ||||||
| Grain Merchandising and Milling | $6.91B+211% | $6.42B+233% | $6.06B+178% | $2.16B— | $2.22B— | |
| Softseed Processing and Refining | $3.52B+174% | $4.07B+176% | $3.14B+145% | $1.35B— | $1.28B— | |
| Soybean Processing and Refining | $8.66B+45.1% | $10.19B+37.5% | $9.89B+37.8% | $6.8B— | $5.97B— | |
| Tropical Oils and Specialty Ingredients | $905M+0.7% | —— | —— | —— | $899M— | |
| CapEx by Business | ||||||
| Grain Merchandising and Milling | $42M+133% | $75M+127% | $59M+51.3% | $31M— | $18M— | |
| Softseed Processing and Refining | $24M+118% | $45M+7.1% | $37M+68.2% | $15M— | $11M— | |
| Soybean Processing and Refining | $153M+2.0% | $251M+8.2% | $195M+22.6% | $194M— | $150M— | |
| Tropical Oils and Specialty Ingredients | $114M-8.1% | —— | —— | —— | $124M— | |
| Inventories (Note 5) by Business | ||||||
| Grain Merchandising and Milling | $3.96B— | $4.23B+341% | $3.56B— | —— | —— | |
| Softseed Processing and Refining | $2.96B— | $2.66B+146% | $2.22B— | —— | —— | |
| Soybean Processing and Refining | $7.48B— | $5.38B+51.5% | $6.61B— | —— | —— | |
| Tropical Oils and Specialty Ingredients | $1.03B— | $924M— | —— | —— | —— | |
| Cost, Depreciation, Amortization and Depletion by Business | ||||||
| Grain Merchandising and Milling | $65M+306% | $58M+314% | $77M+381% | $12M— | $16M— | |
| Softseed Processing and Refining | $42M+121% | $43M+105% | $42M+110% | $21M— | $19M— | |
| Soybean Processing and Refining | $84M+71.4% | $85M+73.5% | $78M+69.6% | $52M— | $49M— | |
| Tropical Oils and Specialty Ingredients | $26M+18.2% | —— | —— | —— | $22M— | |
| Readily marketable inventories at fair value by Business | ||||||
| Grain Merchandising and Milling | $3.66B— | $3.91B+386% | $3.32B— | —— | —— | |
| Softseed Processing and Refining | $2.5B— | $2.37B+170% | $1.86B— | —— | —— | |
| Soybean Processing and Refining | $6.86B— | $4.77B+48.3% | $5.99B— | —— | —— | |
| Tropical Oils and Specialty Ingredients | $403M— | $306M— | —— | —— | —— | |
| Cost, Industrial, Fixed by Business | ||||||
| Grain Merchandising and Milling | $136M+119% | $183M+186% | $120M+84.6% | $67M— | $62M— | |
| Softseed Processing and Refining | $133M+108% | $119M+67.6% | $127M+67.1% | $77M— | $64M— | |
| Soybean Processing and Refining | $266M+33.0% | $264M+31.3% | $248M+9.3% | $213M— | $200M— | |
| Tropical Oils and Specialty Ingredients | $82M+22.4% | —— | —— | —— | $67M— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Bunge break its business down?
- Bunge (BG) reports net sales by business across 4 parts — Grain Merchandising and Milling, Softseed Processing and Refining, Soybean Processing and Refining and Tropical Oils and Specialty Ingredients. Each is extracted from the segment footnotes and tracked over time.
- Where does Bunge's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Bunge'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.
