Bunge Global (BG) Q2 2026 Earnings
How Did BG Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +5.47%.
Did BG Beat Earnings? Q2 2026 Results
Yes. Bunge Global reported Q2 2026 earnings of $2.00 a share on Jul 29, 2026, beating the $1.95 consensus estimate by 2.8%. Revenue was $24.0B against a $22.4B estimate.
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.
- 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
“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.”
Bunge Global CEO, on the earnings call
What Was Bunge Global's Outlook in Q2 2026?
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
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $24.0B | $12.8B | +88.3% |
| Gross Profit | $1.7B | $738.0M | +127.8% |
| Net Income | $678.0M | $354.0M | +91.5% |
BG Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.