Archer-Daniels-Midland (ADM) Operating Expenses (2009 - 2026)
Archer-Daniels-Midland recorded quarterly Operating Expenses of $973.0 million in Q1 2026, up 2.96% quarter-over-quarter from $945.0 million in Q4 2025, and little changed year-over-year from $970.0 million in Q1 2025.
Archer-Daniels-Midland's Operating Expenses history runs 18 years deep, the most recent figure standing at $973.0 million for Q1 2026.
- In Q1 2026, Operating Expenses changed 0.31% year-over-year to $973.0 million; the TTM figure through Mar 2026 stood at $4.1 billion (down 3.93% YoY), while the FY2025 annual figure was $4.1 billion, down 3.98% from the prior year.
- Operating Expenses came in at $973.0 million for Q1 2026 at Archer-Daniels-Midland, up 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 surged 57.94% in 2024 and fell 20.75% in 2025, its largest moves.
- Archer-Daniels-Midland's Operating Expenses stood at $933.0 million in 2022, then increased by 19.51% to $1.1 billion in 2023, then dropped by 14.26% to $956.0 million in 2024, then retreated by 1.15% to $945.0 million in 2025, then gained by 2.96% to $973.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $973.0 million, $945.0 million, and $1.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 37.36 Bn | 36.74 Bn | 1.22 Bn | 973.00 Mn |
| 2 | Bunge Global | 23.34 Bn | 23.89 Bn | 766.00 Mn | 531.00 Mn |
| 3 | Tyson Foods | 4.64 Bn | 4.24 Bn | 962.00 Mn | 527.00 Mn |
| 4 | Cal-Maine Foods | 3.64 Bn | 3.26 Bn | 119.28 Mn | 83.30 Mn |
| 5 | Fresh Del Monte Produce | 1.57 Bn | 1.51 Bn | 89.00 Mn | 51.10 Mn |
| 6 | Dole | 1.38 Bn | 1.21 Bn | 184.99 Mn | 123.78 Mn |
| 7 | Vital Farms | 412.88 Mn | 375.92 Mn | 53.01 Mn | 55.34 Mn |
| 8 | Alico | 311.29 Mn | 263.16 Mn | -4.59 Mn | 3.23 Mn |
| 9 | Village Farms International | 301.97 Mn | 256.27 Mn | 20.99 Mn | 15.94 Mn |
| 10 | Forafric Global | 271.18 Mn | 272.22 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 |
| Mar 31, 2021 | 808.00 Mn |
| Dec 31, 2020 | 768.00 Mn |
| Sep 30, 2020 | 640.00 Mn |
| Jun 30, 2020 | 654.00 Mn |
| Mar 31, 2020 | 705.00 Mn |
| Dec 31, 2019 | 757.00 Mn |
| Sep 30, 2019 | 631.00 Mn |
| Jun 30, 2019 | 738.00 Mn |
| Mar 31, 2019 | 670.00 Mn |
| Dec 31, 2018 | 688.00 Mn |
| Sep 30, 2018 | 535.00 Mn |
| Jun 30, 2018 | 584.00 Mn |
| Mar 31, 2018 | 529.00 Mn |
| Dec 31, 2017 | 492.00 Mn |
| Sep 30, 2017 | 585.00 Mn |
| Jun 30, 2017 | 548.00 Mn |
| Mar 31, 2017 | 526.00 Mn |
| Dec 31, 2016 | 475.00 Mn |
| Sep 30, 2016 | 557.00 Mn |
| Jun 30, 2016 | 512.00 Mn |
| Mar 31, 2016 | 492.00 Mn |
| Dec 31, 2015 | 539.00 Mn |
| Sep 30, 2015 | 584.00 Mn |
| Jun 30, 2015 | 556.00 Mn |
| Mar 31, 2015 | 498.00 Mn |
| Dec 31, 2014 | 737.00 Mn |
| Sep 30, 2014 | 451.00 Mn |
| Jun 30, 2014 | 457.00 Mn |
| Mar 31, 2014 | 393.00 Mn |
| Dec 31, 2013 | 678.00 Mn |
| Sep 30, 2013 | 452.00 Mn |
| Jun 30, 2013 | 452.00 Mn |
| Mar 31, 2013 | 436.00 Mn |
| Dec 31, 2012 | 1.02 Bn |
| Sep 30, 2012 | 536.00 Mn |
| Jun 30, 2012 | 394.00 Mn |
| Mar 31, 2012 | 487.00 Mn |
| Dec 31, 2011 | 629.00 Mn |
| Sep 30, 2011 | 407.00 Mn |
| Mar 31, 2011 | 395.00 Mn |
| Dec 31, 2010 | 412.00 Mn |
| Sep 30, 2010 | 381.00 Mn |
| Jun 30, 2010 | 331.00 Mn |
| Mar 31, 2010 | 355.00 Mn |
| Dec 31, 2009 | 358.00 Mn |
| Sep 30, 2009 | 354.00 Mn |
| Jun 30, 2009 | 320.00 Mn |
| Mar 31, 2009 | 346.00 Mn |