Archer-Daniels-Midland (ADM) Operating Expenses (2009 - 2026)
Archer-Daniels-Midland (ADM) reported Operating Expenses of $973.0 million for Q1 2026, little changed on a YoY basis from $970.0 million in Q1 2025, and up 2.96% sequentially from $945.0 million in Q4 2025.
Archer-Daniels-Midland (ADM) Operating Expenses (2009 - 2026) Analysis & Trends
Archer-Daniels-Midland (ADM) has 18 years of Operating Expenses data on file, last reported at $973.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses changed 0.31% year-over-year to $973.0 million; the trailing twelve-month figure through Mar 2026 stood at $4.1 billion (down 3.93% YoY), and the FY2025 full-year result was $4.1 billion, down 3.98% from the prior year.
- Operating Expenses grew to $973.0 million in Q1 2026, from $945.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q3 2024 to a low of $815.0 million in Q2 2022.
- A 5-year average of $972.2 million and a median of $945.0 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 57.94% in 2024 and declined 20.75% in 2025, its largest moves.
- Tracing ADM's Operating Expenses over 5 years: stood at $933.0 million in 2022, then climbed by 19.51% to $1.1 billion in 2023, then decreased by 14.26% to $956.0 million in 2024, then declined by 1.15% to $945.0 million in 2025, then increased by 2.96% to $973.0 million in 2026.
- Business Quant data shows ADM's Operating Expenses at $973.0 million in Q1 2026, $945.0 million in Q4 2025, and $1.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 41.79 Bn | 41.18 Bn | 1.22 Bn | 973.00 Mn |
| 2 | Bunge Global | 23.70 Bn | 22.91 Bn | 766.00 Mn | 531.00 Mn |
| 3 | Cal-Maine Foods | 4.20 Bn | 4.10 Bn | 34.07 Mn | 93.59 Mn |
| 4 | Del Monte | 1.35 Bn | 1.29 Bn | 89.00 Mn | 51.10 Mn |
| 5 | Dole | 1.34 Bn | 1.09 Bn | 184.99 Mn | 123.78 Mn |
| 6 | Adecoagro | 1.10 Bn | 1.06 Bn | 97.80 Mn | -35.83 Mn |
| 7 | Vital Farms | 568.49 Mn | 531.53 Mn | 53.01 Mn | 55.34 Mn |
| 8 | Alico | 298.33 Mn | 250.20 Mn | -4.59 Mn | 3.23 Mn |
| 9 | Forafric Global | 283.29 Mn | 284.32 Mn | - | - |
| 10 | Limoneira | 240.76 Mn | 259.12 Mn | 21.52 Mn | 45.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 973.00 Mn |
| Dec 31, 2025 | 945.00 Mn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.05 Bn |
| Mar 31, 2025 | 970.00 Mn |
| Dec 31, 2024 | 956.00 Mn |
| Sep 30, 2024 | 1.41 Bn |
| Jun 30, 2024 | 914.00 Mn |
| Mar 31, 2024 | 969.00 Mn |
| Dec 31, 2023 | 1.12 Bn |
| Sep 30, 2023 | 894.00 Mn |
| Jun 30, 2023 | 901.00 Mn |
| Mar 31, 2023 | 888.00 Mn |
| Dec 31, 2022 | 933.00 Mn |
| Sep 30, 2022 | 846.00 Mn |
| Jun 30, 2022 | 815.00 Mn |
| Mar 31, 2022 | 830.00 Mn |
| Dec 31, 2021 | 866.00 Mn |
| Sep 30, 2021 | 722.00 Mn |
| Jun 30, 2021 | 762.00 Mn |