Tractors was Agco’s largest product and service line in fiscal 2025, bringing in $6.69B of $10.08B (66%).
| Product and Service | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tractors | $7.42B | $8.71B | $7.06B | $6.69B | |||||||||||||
| Combines, Application Equipment & Other Machinery | $2.44B | $2.82B | $1.94B | $1.51B | |||||||||||||
| Replacement Parts | $1.69B | $1.82B | $1.83B | $1.87B | |||||||||||||
| Replacement Part Sales | — | — | — | — | |||||||||||||
| Other Machinery Product Line | — | — | — | — | |||||||||||||
| Other Machinery | — | — | — | — | |||||||||||||
| Other Machinery & Equipment | — | — | — | — | |||||||||||||
| Segment Reconciling Items | — | $1.02B | $816.50M | — | |||||||||||||
| Grain Storage & Protein Production Systems | $1.10B | $44.90M | $16.00M | $1.30M | |||||||||||||
| Combines | — | — | — | — | |||||||||||||
| Application Equipment | — | — | — | — | |||||||||||||
| Equipment | — | — | — | — | |||||||||||||
| Total | $12.65B | $14.41B | $11.66B | $10.08B |
Agco brought in $10.08B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. Agco regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $11.66B. Tractors was the largest at $6.69B (66.4%), ahead of Replacement Parts at $1.87B (18.6%) and Combines, Application Equipment & Other Machinery at $1.51B (15.0%). The remaining line, Grain Storage & Protein Production Systems, brought in $1.30M.
Compared with fiscal 2024, Replacement Parts grew fastest, up 2.5% to $1.87B, while Combines, Application Equipment & Other Machinery fell the most, down 22.0% to $1.51B. From fiscal 2022 to 2025, combined revenue from these lines fell from $12.65B to $10.08B, a compound annual decline of 7.3%. Tractors' share of the total rose from 58.7% to 66.4%.
Agco stopped reporting Segment Reconciling Items as a separate line after fiscal 2024, when it brought in $816.50M.
Europe/ Middle East was Agco’s largest segment in fiscal 2025, bringing in $6.74B of $10.08B (67%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Segments | — | — | — | — | ||||||||||||
| Europe/ Middle East | $6.45B | $7.39B | $6.71B | $6.74B | ||||||||||||
| Eme | — | — | — | — | ||||||||||||
| North America | $3.18B | $3.14B | $2.30B | $1.67B | ||||||||||||
| South America | $2.12B | $2.08B | $1.21B | $1.12B | ||||||||||||
| Segment Reconciling Items | — | $1.02B | $816.50M | — | ||||||||||||
| Asia/ Pacific/Africa | $907.40M | $793.10M | $626.30M | $564.20M | ||||||||||||
| Apa | — | — | — | — | ||||||||||||
| Total | $12.65B | $14.41B | $11.66B | $10.08B |
Agco brought in $10.08B from its four segments in fiscal 2025, the year ended December 31, 2025. Agco regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $11.66B. Europe/ Middle East was the largest at $6.74B (66.8%), ahead of North America at $1.67B (16.5%) and South America at $1.12B (11.1%). The remaining segment, Asia/ Pacific/Africa, brought in $564.20M.
Compared with fiscal 2024, Europe/ Middle East grew fastest, up 0.4% to $6.74B, while North America fell the most, down 27.5% to $1.67B. From fiscal 2022 to 2025, combined revenue from these segments fell from $12.65B to $10.08B, a compound annual decline of 7.3%. Europe/ Middle East's share of the total rose from 51.0% to 66.8%.
Agco stopped reporting Segment Reconciling Items as a separate segment after fiscal 2024, when it brought in $816.50M.
United States was Agco’s largest region in fiscal 2024, bringing in $1.76B of $11.66B (15%).
| Geography | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe/Africa/ Middle East | — | — | — | — | |||||||
| Europe/ Middle East | — | — | — | — | |||||||
| North America | — | — | — | — | |||||||
| United States | $2.12B | $2.55B | $2.43B | $1.76B | |||||||
| Other Europe | $1.65B | $1.69B | $1.79B | $1.51B | |||||||
| Germany | $1.33B | $1.39B | $1.74B | $1.72B | |||||||
| Brazil | $1.02B | $1.75B | $1.73B | $882.10M | |||||||
| France | $1.13B | $1.22B | $1.49B | $1.38B | |||||||
| South America | — | — | — | — | |||||||
| Segment Reconciling Items | — | — | $1.02B | $816.50M | |||||||
| Finland & Scandinavia | $836.30M | $838.80M | $824.10M | $772.00M | |||||||
| United Kingdom & Ireland | $635.30M | $664.10M | $693.40M | $535.00M | |||||||
| Asia/Pacific/Africa | — | — | — | — | |||||||
| Asia/Pacific | — | — | — | — | |||||||
| Italy | $451.60M | $421.70M | $427.60M | $363.70M | |||||||
| Canada | $436.70M | $490.20M | $573.70M | $426.20M | |||||||
| Asia | $436.50M | $384.20M | $294.00M | $217.30M | |||||||
| Australia & New Zealand | $360.90M | $366.20M | $371.20M | $310.50M | |||||||
| Other South America | $277.00M | $358.00M | $340.90M | $316.50M | |||||||
| Middle East & Algeria | $184.40M | $216.20M | $422.50M | $428.90M | |||||||
| Mexico, Central America & Caribbean | $119.20M | $152.90M | $141.70M | $125.00M | |||||||
| Africa | $152.30M | $157.00M | $127.90M | $98.50M | |||||||
| Total | $11.14B | $12.65B | $14.41B | $11.66B |
Agco brought in $11.66B from its 16 regions in fiscal 2024, the year ended December 31, 2024. That was down 19.1% from $14.41B in fiscal 2023. United States was the largest at $1.76B (15.1%), ahead of Germany at $1.72B (14.8%) and Other Europe at $1.51B (13.0%). The other 13 regions brought in $6.67B combined.
Compared with fiscal 2023, Middle East & Algeria grew fastest, up 1.5% to $428.90M, while Brazil fell the most, down 48.9% to $882.10M.
Agco began breaking out Segment Reconciling Items in fiscal 2023, when it brought in $1.02B.
Agco (AGCO) reports its revenue by product and service, by segment and by geography. In fiscal 2025, Tractors was its largest product and service line, bringing in $6.69B (66.4% of the total), followed by Replacement Parts at $1.87B (18.6%).
Tractors was Agco's largest product and service line in fiscal 2025, bringing in $6.69B, or 66.4% of the $10.08B total across its four product and service lines.
Europe/ Middle East was Agco's largest segment in fiscal 2025, bringing in $6.74B, or 66.8% of the $10.08B total across its four segments.
United States was Agco's largest region in fiscal 2024, bringing in $1.76B, or 15.1% of the $11.66B total across its 16 regions.
Among Agco's regions that make up at least 2% of revenue, Middle East & Algeria grew fastest in fiscal 2024, up 1.5% from $422.50M to $428.90M.
Every figure comes from Agco's annual financial filings, as reported. Each line keeps the name Agco gives it, and years follow its fiscal calendar.
Agco's revenue by product and service goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.