Archer-Daniels-Midland (ADM) Operating Expenses (2009 - 2026)
Archer-Daniels-Midland's (ADM) quarterly Operating Expenses came in at $1.0 billion in Q2 2026, down 0.86% year-over-year from $1.0 billion in Q2 2025, and up 6.78% quarter-over-quarter from $973.0 million in Q1 2026.
Analysis
Archer-Daniels-Midland (ADM) Operating Expenses (2009 - 2026) Analysis & Trends
Archer-Daniels-Midland has disclosed Operating Expenses across 18 years of filings, most recently posting $1.0 billion for Q2 2026.
- In Q2 2026, Operating Expenses fell 0.86% year-over-year to $1.0 billion; the TTM figure through Jun 2026 stood at $4.1 billion (down 7.07% YoY), while the FY2025 annual figure was $4.1 billion, down 3.98% from the prior year.
- Operating Expenses came in at $1.0 billion for Q2 2026 at Archer-Daniels-Midland, up from $973.0 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.
- Average Operating Expenses over 5 years is $975.9 million, with a median of $950.5 million recorded in 2024.
- Year-over-year, Operating Expenses surged 57.94% in 2024 and fell 20.75% in 2025.
- Over 5 years, Operating Expenses stood at $933.0 million in 2022, then grew by 19.51% to $1.1 billion in 2023, then slipped by 14.26% to $956.0 million in 2024, then fell by 1.15% to $945.0 million in 2025, then increased by 9.95% to $1.0 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.0 billion in Q2 2026, $973.0 million in Q1 2026, and $945.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 42.14 Bn | 32.56 Bn | 1.94 Bn | 1.04 Bn |
| 2 | Bunge Global | 24.36 Bn | 23.72 Bn | 1.68 Bn | 606.00 Mn |
| 3 | Darling Ingredients | 10.60 Bn | 10.44 Bn | 503.37 Mn | 1.52 Bn |
| 4 | Ingredion | 6.38 Bn | 5.43 Bn | 426.00 Mn | 45.00 Mn |
| 5 | Scotts Miracle-Gro | 3.27 Bn | 3.24 Bn | 365.90 Mn | 192.60 Mn |
| 6 | Andersons | 2.43 Bn | 2.36 Bn | 223.73 Mn | - |
| 7 | Del Monte | 1.55 Bn | 1.51 Bn | 121.30 Mn | 72.60 Mn |
| 8 | Dole | 1.29 Bn | 1.00 Bn | 195.30 Mn | 148.44 Mn |
| 9 | Adecoagro | 1.29 Bn | 955.88 Mn | 167.30 Mn | -39.12 Mn |
| 10 | Universal | 1.14 Bn | 865.86 Mn | 83.09 Mn | 80.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.04 Bn |
| 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 |