Agco (AGCO) Operating Expenses (2009 - 2026)
Agco's (AGCO) quarterly Operating Expenses came in at $335.7 million in Q2 2026, up 2.85% YoY from $326.4 million in Q2 2025, and down 1.0% on a QoQ basis from $339.1 million in Q1 2026.
Analysis
Agco (AGCO) Operating Expenses (2009 - 2026) Analysis & Trends
Agco (AGCO) has 18 years of Operating Expenses data on file, last reported at $335.7 million in Q2 2026.
- Quarterly Operating Expenses rose 2.85% year-over-year to $335.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.3 billion (changed 0.13% YoY) and the FY2025 annual result came in at $1.3 billion, down 6.32% from the prior year.
- Operating Expenses retreated to $335.7 million in Q2 2026, from $339.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $496.0 million in Q3 2023 to a low of $316.3 million in Q4 2025.
- A 5-year average of $384.9 million and a median of $364.6 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses gained 26.14% — and 2024, when it slipped 28.47%.
- Tracing AGCO's Operating Expenses over 5 years: stood at $462.2 million in 2022, then retreated by 9.04% to $420.4 million in 2023, then dropped by 23.12% to $323.2 million in 2024, then retreated by 2.13% to $316.3 million in 2025, then rose by 6.13% to $335.7 million in 2026.
- The last three Operating Expenses figures came in at $335.7 million (Q2 2026), $339.1 million (Q1 2026), and $316.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 364.77 Bn | 358.05 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 188.05 Bn | 179.12 Bn | 12.32 Bn | 10.73 Bn |
| 3 | Paccar | 64.20 Bn | 55.54 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 16.95 Bn | 15.09 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.54 Bn | 9.14 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Agco | 9.05 Bn | 8.48 Bn | 645.90 Mn | 346.90 Mn |
| 7 | Terex | 7.04 Bn | 6.63 Bn | 444.00 Mn | 209.00 Mn |
| 8 | Blue Bird | 2.12 Bn | 2.01 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Lindsay | 1.24 Bn | 1.09 Bn | 47.83 Mn | 29.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 346.90 Mn |
| Mar 31, 2026 | 349.10 Mn |
| Dec 31, 2025 | 361.20 Mn |
| Sep 30, 2025 | 349.50 Mn |
| Jun 30, 2025 | 342.00 Mn |
| Mar 31, 2025 | 338.80 Mn |
| Dec 31, 2024 | 454.20 Mn |
| Sep 30, 2024 | 354.80 Mn |
| Jun 30, 2024 | 410.00 Mn |
| Mar 31, 2024 | 351.40 Mn |
| Dec 31, 2023 | 420.40 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 |