Andersons Q1 net income rises to $33 million, or $0.97 per diluted share
The Andersons reported first quarter 2026 results on May 5, 2026, with net income attributable to the company of $33 million, or $0.97 per diluted share, up from $0.3 million, or $0.01, a year earlier. Sales and merchandising revenues were $2.63 billion, slightly below $2.66 billion, while Renewables and Agribusiness both improved on higher pretax income. Cash used in operating activities widened to $394 million, and management said it remains focused on its $7.00 run-rate EPS target for exiting 2028.
Key points
- Net income attributable to The Andersons was $33 million, or $0.97 per diluted share, versus $0.3 million, or $0.01, in Q1 2025.
- Adjusted EPS was $1.12 versus $0.12 a year earlier; adjusted EBITDA was $91 million versus $57 million.
- Renewables pretax income was $40 million; Agribusiness pretax income was $7 million versus a pretax loss of $10 million in Q1 2025.
- Cash used in operating activities was $394 million versus $350 million; a webcast is set for May 6, 2026, at 8:30 a.m. ET.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 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 May 05, 2026.
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.