ADM Q2 GAAP EPS falls 54% to $0.45; full-year adjusted EPS outlook set near $4.00
Archer-Daniels-Midland reported second-quarter 2025 results, with GAAP diluted EPS of $0.45 and adjusted EPS of $0.93, down 54% and 10% from the prior-year quarter. The company also narrowed its full-year 2025 adjusted EPS guidance to approximately $4.00 per share, based on first-half performance and expected margin benefits in the fourth quarter and beyond. For shareholders, lower earnings and a lower outlook point to weaker profitability, with management citing biofuel policy uncertainty and a challenging Ag Services and Oilseeds environment.
Key points
- Q2 2025 net earnings attributable to ADM were $219 million, versus $486 million a year earlier; revenues were $21.2 billion, versus $22.2 billion.
- Total segment operating profit was $830 million, down 10%; Ag Services and Oilseeds profit fell 17% to $379 million, and Crushing profit fell 75% to $33 million.
- Full-year 2025 adjusted EPS guidance was tightened to approximately $4.00 per share.
- Year-to-date operating cash flow was $4.0 billion, and the company said it remediated a previously identified material weakness related to segment disclosures.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.