)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Archer Daniels Midland Company
Archer Daniels Midland Company (ADM) investor relations material
Archer Daniels Midland Company Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary3 Nov, 2026
Executive summary
Q3 adjusted EPS was $1.77 vs. $0.92; reported diluted EPS was $1.70 vs. $0.22, and net earnings were $821M vs. $108M.
Total segment operating profit rose 64% YoY to $1.382B, with growth across all three segments.
FY26 adjusted EPS guidance rose to $5.50–$5.80 from $5.15–$5.60; this was the third increase in 2026.
YTD operating cash flow before working capital was $3.013B vs. $2.087B; trailing four-quarter adjusted ROIC was 9.0%.
Financial highlights
Q3 revenue was $22.335B vs. $20.372B; gross profit was $1.886B vs. $1.270B.
Nine-month revenue was $65.506B vs. $61.713B; net earnings were $2.027B vs. $622M.
Nine-month diluted EPS was $4.18 reported and $4.33 adjusted, vs. $1.29 and $2.56, respectively.
Q3 adjusted EBITDA was $1.526B vs. $954M; nine-month adjusted EBITDA was $3.810B vs. $2.692B.
Outlook and guidance
FY26 capital expenditure outlook fell to $1.2B–$1.3B from $1.3B–$1.5B, prioritizing high-return projects.
Q4 operating profit improvement YoY is expected across all segments; guidance excludes new mark-to-market and timing impacts.
2026 net benefit expectation from Section 45Z increased to ~$350M from ~$250M.
2027 fundamentals are viewed as broadly similar to 2026, with constructive biofuels demand and margins and further Nutrition growth.
Cost-savings target remains $500M–$750M over three to five years, beginning in 2025.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Archer Daniels Midland Company
- Raised guidance and strong growth in flavors, natural colors, and operational efficiency highlighted.ADM
Barclays 19th Annual Global Consumer Conference - Q2 2026 profit and EPS surged, guidance raised, and strong biofuels and Nutrition momentum continues.ADMQ2 2026
- All board proposals passed; strong financials and strategic growth initiatives highlighted.ADMAGM 2026
- Raised 2026 EPS guidance as strong ethanol and nutrition offset oilseeds headwinds.ADMQ1 2026
- Operational strength, innovation, and policy tailwinds drive growth amid shifting market dynamics.ADMBank of America 2026 Global Agriculture and Materials Conference
- Key votes include director elections, executive pay, auditor ratification, and ESG reporting.ADMProxy filing
- 2026 EPS guidance raised as cost savings and cash flow support growth despite 2025 declines.ADMQ4 2025
- Strong earnings, cost discipline, and innovation drive growth amid regulatory clarity and market expansion.ADMBarclays 18th Annual Global Consumer Staples Conference 2025
- Q3 2024 earnings fell sharply on a Wilmar impairment and lower margins, with guidance cut.ADMQ3 2024
Next Archer Daniels Midland Company earnings date
Q4 20262 Feb, 2027
Archer Daniels Midland Company
Next Archer Daniels Midland Company earnings date
Q4 20262 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Food Processing Giants
Archer-Daniels-Midland Co, more often than not referred to simply as ADM is an American multinational company focusing on food processing as well as trading of commodities. The company operates hundreds of plants and facilities worldwide, in which ADM processes grains and seeds into finished products that are used in food & beverages, industry, animal feed, and more. The company’s headquarters are located in Chicago, and its shares trade on the NYSE.
Over 100 Years in Business
Founded in 1902 in Minneapolis, Minnesota, Archer-Daniels-Midland initially operated as a linseed crushing business. As it progressively evolved, the company delved into the processing of various agricultural commodities, expanding its reach and influence in the agricultural sector. In the mid-20th century, ADM significantly diversified its offerings to include oilseeds, corn, and wheat, continuously expanding and diversifying, something that eventually led the company to become one of the leaders in its field. that saw it become a global leader in its field. The company began establishing its presence internationally, responding to the growing demand for agricultural products and food ingredients worldwide.
Food Processing Experts
plays a significant role in the global food processing industry, dealing with a wide range of agricultural commodities. Among its main activities is oilseed processing, where soybeans, canola, cottonseed, sunflower seeds, and other oilseeds are transformed into various oils and meals suitable for human and animal consumption. Corn processing is another primary operation of ADM, through which they produce products like high fructose corn syrup, dextrose, and ethanol. The company's wheat milling processes result in flour and other wheat-derived ingredients. Additionally, ADM produces specialty ingredients, encompassing proteins, emulsifiers, and certain health and nutrition products like fibers. When looking at the company’s peers, we find names such as Bunge and Ingredion.
Commodities Trading
ADM is not just known for its food processing capabilities but also as a significant player in commodities trading. With its extensive global footprint, ADM's trading operations span multiple commodities, including grains, oilseeds, and more. Their vast network of assets, such as storage facilities, transport systems, and processing plants, supports their trading activities. ADM acts as an intermediary, buying crops from farmers and selling them to end-users while managing the associated price risks through hedging strategies.