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
DateValue
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