Archer-Daniels-Midland (ADM) Operating Expenses (2009 - 2026)
Archer-Daniels-Midland's (ADM) quarterly Operating Expenses came in at $973.0 million in Q1 2026, little changed year-on-year from $970.0 million in Q1 2025, and up 2.96% quarter-over-quarter from $945.0 million in Q4 2025.
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 $973.0 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $973.0 million, changed 0.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.1 billion (down 3.93% YoY), and the FY2025 annual result 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.
- The 5-year median for Operating Expenses is $945.0 million (2025), against an average of $972.2 million.
- Across the five-year window, Operating Expenses jumped 57.94% in 2024 and declined 20.75% in 2025, its largest moves.
- Archer-Daniels-Midland's 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 rose by 2.96% to $973.0 million in 2026.
- The last three Operating Expenses figures came in at $973.0 million (Q1 2026), $945.0 million (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 36.33 Bn | 35.72 Bn | 1.22 Bn | 973.00 Mn |
| 2 | Bunge Global | 21.79 Bn | 22.33 Bn | 766.00 Mn | 531.00 Mn |
| 3 | Tyson Foods | 3.86 Bn | 3.46 Bn | 962.00 Mn | 527.00 Mn |
| 4 | Cal-Maine Foods | 3.68 Bn | 3.29 Bn | 119.28 Mn | 83.30 Mn |
| 5 | Adecoagro | 2.04 Bn | 1.74 Bn | 97.80 Mn | -35.83 Mn |
| 6 | Dole | 1.33 Bn | 1.17 Bn | 184.99 Mn | 123.78 Mn |
| 7 | Fresh Del Monte Produce | 1.30 Bn | 1.25 Bn | 89.00 Mn | 51.10 Mn |
| 8 | Vital Farms | 463.27 Mn | 426.30 Mn | 53.01 Mn | 55.34 Mn |
| 9 | Alico | 310.30 Mn | 262.17 Mn | -4.59 Mn | 3.23 Mn |
| 10 | Forafric Global | 269.03 Mn | 270.07 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 |