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 on Nov 8, 2026, 1:30 AM ET, from this filing 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 and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.