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
DateValue
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