Archer-Daniels-Midland (ADM) Cost of Revenue (2009 - 2026)
Archer-Daniels-Midland (ADM) reported Cost of Revenue of $20.75 billion for Q2 2026, up 4.8% from $19.8 billion a year earlier and up 7.7% from the prior quarter.
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Analysis
Archer-Daniels-Midland (ADM) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Archer-Daniels-Midland's Cost of Revenue came in at $76.46 billion, down 1.3% year-over-year; for FY2025, it was $75.24 billion, down 5.7% from FY2024.
- Cost of Revenue has declined for three consecutive years, though with a five-year compound annual growth rate of 4.7% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $79.75 billion in FY2024 (-7.7%), $86.42 billion in FY2023 (-8.0%), $93.99 billion in FY2022 (+18.6%) and $79.26 billion in FY2021 (+32.3%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue since Q2 2024.
- Year over year, Cost of Revenue gained in three of the last eight quarters, with an average decline of 3.4%.
- The high point for year-over-year Cost of Revenue in five years was Q3 2021 (growth of 35.0%); the low point was Q4 2025 (a decline of 13.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $19.27 billion (Q1 2026), $17.34 billion (Q4 2025) and $19.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.78 Bn | 35.07 Bn | 1.94 Bn | 20.75 Bn |
| 2 | Bunge Global | 20.50 Bn | 18.00 Bn | 1.68 Bn | 22.36 Bn |
| 3 | Tyson Foods | 18.25 Bn | 14.61 Bn | 921.00 Mn | 12.95 Bn |
| 4 | Jbs | 12.94 Bn | -20.17 Bn | 2.59 Bn | 21.31 Bn |
| 5 | Darling Ingredients | 9.93 Bn | 9.53 Bn | 503.37 Mn | 1.22 Bn |
| 6 | Smithfield Foods | 7.43 Bn | 2.38 Bn | 478.00 Mn | 3.22 Bn |
| 7 | Pilgrims Pride | 6.55 Bn | 4.38 Bn | 339.75 Mn | 4.29 Bn |
| 8 | Ingredion | 6.02 Bn | 2.19 Bn | 426.00 Mn | 1.42 Bn |
| 9 | Seaboard | 3.87 Bn | -946.73 Mn | 221.00 Mn | 2.70 Bn |
| 10 | Cal-Maine Foods | 3.11 Bn | 2.14 Bn | 403,000.00 | 539.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.75 Bn |
| Mar 31, 2026 | 19.27 Bn |
| Dec 31, 2025 | 17.34 Bn |
| Sep 30, 2025 | 19.10 Bn |
| Jun 30, 2025 | 19.80 Bn |
| Mar 31, 2025 | 19.00 Bn |
| Dec 31, 2024 | 20.14 Bn |
| Sep 30, 2024 | 18.57 Bn |
| Jun 30, 2024 | 20.85 Bn |
| Mar 31, 2024 | 20.19 Bn |
| Dec 31, 2023 | 21.24 Bn |
| Sep 30, 2023 | 19.89 Bn |
| Jun 30, 2023 | 23.31 Bn |
| Mar 31, 2023 | 21.99 Bn |
| Dec 31, 2022 | 24.18 Bn |
| Sep 30, 2022 | 22.87 Bn |
| Jun 30, 2022 | 25.18 Bn |
| Mar 31, 2022 | 21.75 Bn |
| Dec 31, 2021 | 21.44 Bn |
| Sep 30, 2021 | 19.01 Bn |
API Access
Archer-Daniels-Midland Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ADM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ADM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ADM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();