Adecoagro (AGRO) Operating Expenses (2009 - 2026)
Adecoagro's (AGRO) quarterly Operating Expenses came in at -$35.8 million in Q1 2026, down 10.98% YoY from -$40.2 million in Q1 2025, and down 11.58% on a QoQ basis from -$32.1 million in Q4 2025.
Adecoagro (AGRO) Operating Expenses (2009 - 2026) Analysis & Trends
Adecoagro (AGRO) has 18 years of Operating Expenses data on file, last reported at -$35.8 million in Q1 2026.
- Quarterly Operating Expenses fell 10.98% year-over-year to -$35.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$125.7 million (up 36.98% YoY) and the FY2025 annual result came in at $122.1 million, up 17.56% from the prior year.
- Operating Expenses slipped to -$35.8 million in Q1 2026, from -$32.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$8.4 million in Q3 2024 to a low of -$103.9 million in Q4 2024.
- A 5-year average of -$37.4 million and a median of -$32.1 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 235.75% — and 2024, when it soared 87.27%.
- Tracing AGRO's Operating Expenses over 5 years: stood at -$20.9 million in 2022, then plunged by 235.75% to -$70.3 million in 2023, then plunged by 47.72% to -$103.9 million in 2024, then jumped by 69.09% to -$32.1 million in 2025, then fell by 11.58% to -$35.8 million in 2026.
- The last three Operating Expenses figures came in at -$35.8 million (Q1 2026), -$32.1 million (Q4 2025), and -$19.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 39.70 Bn | 30.13 Bn | 1.94 Bn | 1.04 Bn |
| 2 | Bunge Global | 22.60 Bn | 21.96 Bn | 1.68 Bn | 606.00 Mn |
| 3 | Tyson Foods | 16.47 Bn | 15.73 Bn | 921.00 Mn | 559.00 Mn |
| 4 | Cal-Maine Foods | 3.91 Bn | 3.80 Bn | 34.07 Mn | 93.59 Mn |
| 5 | Del Monte | 1.49 Bn | 1.45 Bn | 121.30 Mn | 72.60 Mn |
| 6 | Dole | 1.27 Bn | 975.26 Mn | 195.30 Mn | 148.44 Mn |
| 7 | Adecoagro | 1.11 Bn | 885.33 Mn | 97.80 Mn | -35.83 Mn |
| 8 | Vital Farms | 455.33 Mn | 434.00 Mn | 10.93 Mn | 51.08 Mn |
| 9 | Village Farms International | 299.19 Mn | 226.26 Mn | 29.97 Mn | 18.81 Mn |
| 10 | Alico | 294.68 Mn | 239.10 Mn | 4.05 Mn | 2.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -35.83 Mn |
| Dec 31, 2025 | -32.11 Mn |
| Sep 30, 2025 | -19.05 Mn |
| Jun 30, 2025 | -38.69 Mn |
| Mar 31, 2025 | -32.28 Mn |
| Dec 31, 2024 | -103.88 Mn |
| Sep 30, 2024 | -8.40 Mn |
| Jun 30, 2024 | -54.85 Mn |
| Mar 31, 2024 | -21.68 Mn |
| Dec 31, 2023 | -70.32 Mn |
| Sep 30, 2023 | -65.99 Mn |
| Jun 30, 2023 | -46.04 Mn |
| Mar 31, 2023 | -21.48 Mn |
| Dec 31, 2022 | -20.94 Mn |
| Sep 30, 2022 | -23.70 Mn |
| Jun 30, 2022 | -22.55 Mn |
| Mar 31, 2022 | -18.74 Mn |
| Dec 31, 2021 | -69.79 Mn |
| Sep 30, 2021 | -18.12 Mn |
| Jun 30, 2021 | -31.10 Mn |