Adecoagro (AGRO) Gross Margin (2009 - 2026)
Adecoagro (AGRO) posted quarterly Gross Margin of 24.53% for Q1 2026, up 940.0% year-on-year from 2.36% in Q1 2025, and down 24.28% on a QoQ basis from 32.4% in Q4 2025.
Adecoagro (AGRO) Gross Margin (2009 - 2026) Analysis & Trends
Adecoagro (AGRO) has reported Gross Margin for 18 consecutive years, with 24.53% the latest figure, recorded in Q1 2026.
- Quarterly Gross Margin rose 940.0% year-over-year to 24.53% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.17% (up 1711.0% YoY) and the FY2025 annual result came in at 24.6%, down 402.0% from the prior year.
- Gross Margin eased to 24.53% in Q1 2026 per AGRO's latest filing, from 32.4% in the prior quarter.
- Over the last five years, Gross Margin for AGRO reached as high as 90.06% in Q2 2022 and fell as low as 99.5% in Q3 2023.
- A 5-year average of 30.94% and a median of 24.53% in 2026 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 18877 bps — and 2024, when it surged 12197 bps.
- Year by year, Gross Margin stood at 89.17% in 2022, then slumped by 74 bps to 22.9% in 2023, then surged by 92 bps to 43.85% in 2024, then declined by 26 bps to 32.4% in 2025, then dropped by 24 bps to 24.53% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 24.53%, 32.4%, and 52.44% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 40.36 Bn | 39.73 Bn | 1.22 Bn | 5.96% |
| 2 | Bunge Global | 22.72 Bn | 21.88 Bn | 766.00 Mn | 3.50% |
| 3 | Cal-Maine Foods | 4.22 Bn | 4.11 Bn | 34.07 Mn | 6.16% |
| 4 | Del Monte | 1.36 Bn | 1.29 Bn | 89.00 Mn | 8.52% |
| 5 | Dole | 1.34 Bn | 1.06 Bn | 184.99 Mn | 7.90% |
| 6 | Adecoagro | 1.05 Bn | 871.18 Mn | 97.80 Mn | 24.53% |
| 7 | Vital Farms | 600.15 Mn | 563.19 Mn | 53.01 Mn | 28.32% |
| 8 | Alico | 297.26 Mn | 244.38 Mn | -4.59 Mn | -85.92% |
| 9 | Forafric Global | 283.82 Mn | 269.52 Mn | - | - |
| 10 | Limoneira | 238.40 Mn | 238.40 Mn | 21.52 Mn | 95.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.53% |
| Dec 31, 2025 | 32.40% |
| Sep 30, 2025 | 52.44% |
| Jun 30, 2025 | 16.68% |
| Mar 31, 2025 | 15.14% |
| Dec 31, 2024 | 43.85% |
| Sep 30, 2024 | 22.47% |
| Jun 30, 2024 | -31.21% |
| Mar 31, 2024 | 21.56% |
| Dec 31, 2023 | 22.90% |
| Sep 30, 2023 | -99.50% |
| Jun 30, 2023 | 27.24% |
| Mar 31, 2023 | 20.86% |
| Dec 31, 2022 | 89.17% |
| Sep 30, 2022 | 89.26% |
| Jun 30, 2022 | 90.06% |
| Mar 31, 2022 | 88.18% |
| Dec 31, 2021 | 89.57% |
| Sep 30, 2021 | 89.52% |
| Jun 30, 2021 | 82.73% |