Q2 26 EPS
$2.00
BEAT +2.83%
Est. $1.95
Q2 26 Revenue
$24.04B
BEAT +7.56%
Est. $22.35B
vs S&P Since Q2 26
-11.2%
TRAILING MARKET
BG -5.2% vs S&P +6.0%
Market Reaction
Did BG Beat Earnings? Q2 2026 Results
Bunge Global SA delivered a strong second-quarter 2026 performance, posting adjusted diluted EPS of $2.00 against a consensus estimate of $1.95, a beat of 2.83% that extended the company's streak of topping EPS estimates to five consecutive quarters.… Read more Bunge Global SA delivered a strong second-quarter 2026 performance, posting adjusted diluted EPS of $2.00 against a consensus estimate of $1.95, a beat of 2.83% that extended the company's streak of topping EPS estimates to five consecutive quarters. Revenue climbed to $24.04 billion, ahead of the $22.35 billion consensus by 7.56% and up 88.3% from the year-ago period, a dramatic expansion driven primarily by the completed Viterra acquisition, which roughly doubled the company's scale and contributed meaningfully to net income nearly doubling to $678.00 million. The quarter's standout driver was Softseed Processing and Refining, where adjusted segment EBIT surged to $255.00 million from just $14.00 million a year ago, reflecting favorable market conditions and expanded capacity across Argentina, Canada, and Europe. Soybean Processing and Refining also contributed, with adjusted segment EBIT rising to $445.00 million from $304.00 million. Analysts tracking the stock have noted a consensus price target of $109.00 with a broadly bullish trend. Looking ahead, management raised its full-year 2026 adjusted EPS guidance to a range of $9.25 to $9.75, up from $9.00 to $9.50, citing the strong quarterly performance and current margin environment.
Key Takeaways
- • Strong performances in Soybean and Softseed Processing and Refining segments
- • Expanded global platform from completed Viterra acquisition capturing opportunities amid shifting trade flows
- • Greater production capacity in Argentina driving higher soybean and softseed processing volumes
- • Stronger processing performance in North America US soybean operations
- • Improved processing results in Argentina and Brazil for soybeans
- • More favorable market environment for softseed processing across all regions
- • Higher ocean freight, commercial services, cotton and wheat milling results in Grain Merchandising
- • Expanded origination footprint driving higher merchandised volumes in both soybeans and softseeds
BG Forward Guidance & Outlook
Bunge raised its full-year 2026 adjusted EPS outlook to a range of $9.25 to $9.75, up from the previous range of $9.00 to $9.50. Compared to the previous outlook: Soybean Processing and Refining results expected higher; Softseed Processing and Refining slightly higher; Tropical Oils and Specialty Ingredients unchanged; Grain Merchandising and Milling lower; Corporate and Other unchanged. The company continues to expect an adjusted annual effective tax rate of 22% to 26%, net interest expense of $620 to $660 million, capital expenditures of $1.5 to $1.7 billion, and depreciation and amortization of approximately $975 million.
BG YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
BG Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our team delivered another strong quarter, navigating a complex global environment with agility, focus and disciplined execution. Against a backdrop of geopolitical uncertainty and shifting trade flows, our expanded global platform did exactly what it was designed to do — capture opportunities and deliver for customers at both ends of the value chain.”
— Greg Heckman, Q2 2026 Earnings Press Release
BG Earnings Trends
BG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BG EPS Trend
Earnings per share: estimate vs actual
BG Revenue Trend
Quarterly revenue: estimate vs actual
BG Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $1.95 | $2.00 | +2.83% | $24.04B | +7.56% |
| Q1 26 BEAT | $0.87 | $1.83 | +109.38% | $21.86B | -6.44% |
| Q4 25 BEAT FY | $1.82 | $1.99 | +9.62% | $23.76B | +6.53% |
| FY Full Year | $7.34 | $7.57 | +3.11% | $70.33B | +2.50% |
| Q3 25 BEAT | $1.97 | $2.27 | +15.32% | $22.16B | -4.47% |
| Q2 25 BEAT | $1.08 | $1.31 | +20.92% | $12.77B | +2.76% |
| Q1 25 BEAT | $1.31 | $1.81 | +38.31% | $11.64B | -11.20% |