Agco (AGCO) Operating Expenses (2009 - 2026)
Agco (AGCO) reported Operating Expenses of $471.7 million for Q1 2026, up 6.77% on a YoY basis from $441.8 million in Q1 2025, and up 5.48% quarter-over-quarter from $447.2 million in Q4 2025.
Agco (AGCO) Operating Expenses (2009 - 2026) Analysis & Trends
Agco has reported Operating Expenses for 18 years, with the latest figure at $471.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.77% year-over-year to $471.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.8 billion (down 3.43% YoY), and the FY2025 full-year result was $1.8 billion, down 4.96% from the prior year.
- Operating Expenses for Q1 2026 stood at $471.7 million, up from $447.2 million in the prior quarter.
- The five-year high for Operating Expenses was $571.2 million in Q4 2023, with the low at $374.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $462.1 million across 5 years, with a median of $462.2 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses gained 26.14% — and 2024, when it fell 25.39%.
- Agco's Operating Expenses stood at $462.2 million in 2022, then rose by 23.58% to $571.2 million in 2023, then slipped by 25.39% to $426.2 million in 2024, then gained by 4.93% to $447.2 million in 2025, then advanced by 5.48% to $471.7 million in 2026.
- The last three Operating Expenses figures came in at $471.7 million (Q1 2026), $447.2 million (Q4 2025), and $463.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 14.33 Bn |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | 5.65 Bn |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | 229.90 Mn |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | 241.00 Mn |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | 31.53 Mn |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | 57.77 Mn |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 29.34 Mn |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | 90.20 Mn |
| 10 | Agco | - | - | 581.40 Mn | 471.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 471.70 Mn |
| Dec 31, 2025 | 447.20 Mn |
| Sep 30, 2025 | 463.80 Mn |
| Jun 30, 2025 | 444.20 Mn |
| Mar 31, 2025 | 441.80 Mn |
| Dec 31, 2024 | 426.20 Mn |
| Sep 30, 2024 | 476.10 Mn |
| Jun 30, 2024 | 547.70 Mn |
| Mar 31, 2024 | 482.40 Mn |
| Dec 31, 2023 | 571.20 Mn |
| Sep 30, 2023 | 496.00 Mn |
| Jun 30, 2023 | 495.20 Mn |
| Mar 31, 2023 | 452.80 Mn |
| Dec 31, 2022 | 462.20 Mn |
| Sep 30, 2022 | 393.20 Mn |
| Jun 30, 2022 | 410.40 Mn |
| Mar 31, 2022 | 374.40 Mn |
| Dec 31, 2021 | 403.10 Mn |
| Sep 30, 2021 | 360.30 Mn |
| Jun 30, 2021 | 388.20 Mn |