Adecoagro (AGRO) Operating Expenses (2009 - 2026)

Adecoagro (AGRO) posted quarterly Operating Expenses of -$35.8 million for Q1 2026, down 10.98% year-on-year 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 reported Operating Expenses for 18 consecutive years, with -$35.8 million the latest figure, recorded 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 -$157.9 million (down 59.92% YoY) and the FY2025 annual result came in at $122.1 million, up 17.56% from the prior year.
  • Operating Expenses fell to -$35.8 million in Q1 2026 per AGRO's latest filing, from -$32.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for AGRO reached as high as -$4.3 million in Q4 2023 and fell as low as -$71.0 million in Q2 2025.
  • A 5-year average of -$26.8 million and a median of -$22.5 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses surged 79.34% — and 2024, when it slumped 476.1%.
  • Year by year, Operating Expenses stood at -$20.9 million in 2022, then jumped by 79.34% to -$4.3 million in 2023, then sank by 476.1% to -$24.9 million in 2024, then retreated by 28.83% to -$32.1 million in 2025, then slipped by 11.58% to -$35.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$35.8 million, -$32.1 million, and -$19.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Archer-Daniels-Midland 41.79 Bn 41.18 Bn 1.22 Bn 973.00 Mn
2 Bunge Global 23.70 Bn 22.91 Bn 766.00 Mn 531.00 Mn
3 Cal-Maine Foods 4.20 Bn 4.10 Bn 34.07 Mn 93.59 Mn
4 Del Monte 1.35 Bn 1.29 Bn 89.00 Mn 51.10 Mn
5 Dole 1.34 Bn 1.09 Bn 184.99 Mn 123.78 Mn
6 Adecoagro 1.10 Bn 1.06 Bn 97.80 Mn -35.83 Mn
7 Vital Farms 568.49 Mn 531.53 Mn 53.01 Mn 55.34 Mn
8 Alico 298.33 Mn 250.20 Mn -4.59 Mn 3.23 Mn
9 Forafric Global 283.29 Mn 284.32 Mn - -
10 Limoneira 240.76 Mn 259.12 Mn 21.52 Mn 45.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.83 Mn
Dec 31, 2025 -32.11 Mn
Sep 30, 2025 -19.05 Mn
Jun 30, 2025 -70.97 Mn
Mar 31, 2025 -32.28 Mn
Dec 31, 2024 -24.92 Mn
Sep 30, 2024 -8.40 Mn
Jun 30, 2024 -33.16 Mn
Mar 31, 2024 -21.68 Mn
Dec 31, 2023 -4.33 Mn
Sep 30, 2023 -19.96 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