AGCO Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

AGCO closed out fiscal 2025 on a stronger-than-expected note, with fourth-quarter adjusted EPS of $2.17 beating the consensus estimate of $1.86 by 16.82% and revenue of $2.92 billion topping expectations by 9.40%, representing a modest 1.1% year-over… Read more AGCO closed out fiscal 2025 on a stronger-than-expected note, with fourth-quarter adjusted EPS of $2.17 beating the consensus estimate of $1.86 by 16.82% and revenue of $2.92 billion topping expectations by 9.40%, representing a modest 1.1% year-over-year gain. The standout driver was Europe, Middle East, and Africa, where $2.02 billion in regional net sales and a robust 16.8% operating margin, fueled by positive net pricing and favorable mix, provided the lift that more than offset persistent softness in North America, where below-market production volumes and weak industry conditions kept margins in negative territory. On a constant-currency basis, overall sales actually declined 5.3%, a reminder that reported growth leaned heavily on foreign exchange tailwinds. Management also pointed to record free cash flow of $740.20 million as evidence of operational discipline even through a down cycle. Looking to 2026, AGCO guided net sales of $10.40 billion to $10.70 billion and adjusted EPS of $5.50 to $6.00, though the outlook carries tariff-related uncertainty that could shift projections materially.