Archer-Daniels-Midland (ADM) Cost of Revenue (2009 - 2026)
Archer-Daniels-Midland (ADM) reported Cost of Revenue of $20.45 billion for Q3 2026, up 7.1% from $19.1 billion a year earlier but down 1.4% from the prior quarter.
Archer-Daniels-Midland (ADM) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Archer-Daniels-Midland's Cost of Revenue came in at $77.81 billion, down 0.3% 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%).
- Five-year quarterly Cost of Revenue spans a low of $17.34 billion in Q4 2025 and a high of $25.18 billion in Q2 2022.
- Year over year, Cost of Revenue has now increased in each of the last three quarters, with an average decline of 1.7% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q4 2021 (growth of 29.0%); the low point was Q4 2025 (a decline of 13.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $20.75 billion (Q2 2026), $19.27 billion (Q1 2026) and $17.34 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 33.90 Bn | 30.38 Bn | 1.89 Bn | 20.45 Bn |
| 2 | Tyson Foods | 21.01 Bn | 17.27 Bn | 921.00 Mn | 12.95 Bn |
| 3 | Bunge Global | 19.06 Bn | 15.97 Bn | 1.33 Bn | 22.47 Bn |
| 4 | Jbs | 13.34 Bn | -19.93 Bn | 2.59 Bn | 21.31 Bn |
| 5 | Darling Ingredients | 7.96 Bn | 7.50 Bn | 503.37 Mn | 1.22 Bn |
| 6 | Smithfield Foods | 7.60 Bn | 2.15 Bn | 313.00 Mn | 3.12 Bn |
| 7 | Pilgrims Pride | 6.79 Bn | 4.28 Bn | 333.67 Mn | 4.32 Bn |
| 8 | Ingredion | 5.79 Bn | 1.97 Bn | 426.00 Mn | 1.42 Bn |
| 9 | Scotts Miracle-Gro | 3.76 Bn | 3.69 Bn | 365.90 Mn | 805.00 Mn |
| 10 | Seaboard | 3.38 Bn | -1.69 Bn | 132.00 Mn | 2.64 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.45 Bn |
| 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 |
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_KEY
import 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();