AGCO Q1 sales rise 14.3% to $2.3 billion; full-year EPS outlook raised to $6.00
AGCO reported first-quarter 2026 net sales of $2.3 billion, up 14.3% from a year earlier, and reported earnings of $0.76 per share versus $0.14 a year earlier. The company raised its full-year adjusted earnings per share outlook to approximately $6.00, increased its quarterly dividend to $0.30 from $0.29, and plans $350 million in share repurchases starting in the second quarter of 2026.
Key points
- Net sales $2.3 billion, up 14.3%; up 4.7% excluding favorable currency translation of 9.6%
- Reported EPS $0.76 vs. $0.14 a year earlier; adjusted EPS $0.94 vs. $0.41
- Full-year 2026 adjusted EPS outlook increased to approximately $6.00; net sales expected at $10.5 to $10.7 billion
- Quarterly dividend raised to $0.30 per share; $350 million in buybacks to begin in Q2 2026, funded partly by about $190.0 million from selling 49% stakes in U.S. and Canada finance joint ventures to Rabobank subsidiaries
The filing
Written by AI on Nov 8, 2026, 12:57 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 May 05, 2026.
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.