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
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