AGCO Q2 sales fall 1.0% to $2.6 billion as company adjusts full-year outlook
AGCO reported second-quarter 2026 net sales of $2.6 billion, down 1.0% from a year earlier, and reported EPS of $1.08 versus $4.22 a year ago, while adjusted EPS rose to $1.43 from $1.35. The company said weaker-than-expected industry conditions, currency and a more cautious outlook led it to adjust its full-year view, now targeting 2026 adjusted EPS of $5.50 to $5.75, which matters because it signals lower earnings expectations for shareholders.
Key points
- Q2 2026 net sales of $2.6 billion, down 1.0% year over year; excluding favorable currency translation of 2.7%, sales fell 3.7%
- Reported EPS $1.08 vs. $4.22 a year earlier; adjusted EPS $1.43 vs. $1.35
- Full-year 2026 adjusted EPS outlook of approximately $5.50 to $5.75, with net sales expected at $10.1 to $10.2 billion
- $345 million of share repurchases completed in the second quarter
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 July 30, 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.