Andersons, Inc.ANDEEarnings & Financial Report
The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.
ANDE Q4 2025 Key Financial Metrics
Revenue
$329.5M
Gross Profit
$231.5M
Operating Profit
$87.6M
Net Profit
$67.4M
Gross Margin
70.3%
Operating Margin
26.6%
Net Margin
20.5%
YoY Growth
-2.4%
Financial Flow
Andersons, Inc. Q4 2025 Financial Summary
Andersons, Inc. reported revenue of $329.5M (down 2.4% YoY) for Q4 2025, with a net profit of $67.4M (up 49.6% YoY) (20.5% margin). Cost of goods sold was $98.0M, operating expenses totaled $143.9M.
Key Financial Metrics
| Total Revenue | $329.5M |
|---|---|
| Net Profit | $67.4M |
| Gross Margin | 70.3% |
| Operating Margin | 26.6% |
| Report Period | Q4 2025 |
Revenue Breakdown
Andersons, Inc. Q4 2025 revenue of $329.5M breaks down across 4 segments, led by Specialty And Primary Nutrients at $137.1M (41.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Specialty And Primary Nutrients | $137.1M | 41.6% |
| Premium Ingredients | $66.1M | 20.1% |
| Segment Reporting Reconciling Item Other | $63.2M | 19.2% |
| Other | $63.1M | 19.2% |
Andersons, Inc. Revenue by Segment — Quarterly Trend
Andersons, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Specialty And Primary Nutrients and Premium Ingredients) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Specialty And Primary Nutrients | $137.1M | $137.1M | $377.4M | $163.8M |
| Premium Ingredients | $66.1M | $66.9M | $60.3M | $69.8M |
| Segment Reporting Reconciling Item Other | $63.2M | $48.3M | $53.3M | $45.6M |
| Other | $63.1M | — | — | — |
Andersons, Inc. Annual Revenue by Year
Andersons, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B). Click any linked year to see what changed vs the prior annual report.
Andersons, Inc. Quarterly Revenue & Net Profit History
Andersons, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $329.5M | -2.4% | $67.4M | 20.5% |
| Q3 2025 | $295.8M | +27.5% | $20.1M | 6.8% |
| Q2 2025 | $535.0M | +8.6% | $7.9M | 1.5% |
| Q1 2025 | $370.8M | +8.6% | $284.0K | 0.1% |
| Q4 2024 | $337.5M | +143.8% | $45.1M | 13.4% |
| Q3 2024 | $231.9M | -66.3% | $27.4M | 11.8% |
| Q2 2024 | $492.5M | -49.5% | $36.0M | 7.3% |
| Q1 2024 | $341.4M | -53.8% | $5.6M | 1.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $341.4M | $492.5M | $231.9M | $337.5M | $370.8M | $535.0M | $295.8M | $329.5M |
| YoY Growth | -53.8% | -49.5% | -66.3% | 143.8% | 8.6% | 8.6% | 27.5% | -2.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.26B | $3.30B | $3.39B | $4.12B | $3.80B | $3.45B | $3.30B | $3.71B |
| Liabilities | $1.79B | $1.78B | $1.87B | $2.52B | $2.20B | $1.84B | $2.07B | $2.42B |
| Equity | $1.28B | $1.31B | $1.33B | $1.37B | $1.36B | $1.36B | $1.18B | $1.24B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-239.6M | $304.4M | $-2.1M | $268.8M | $-350.0M | $299.3M | $233.9M | $-6.2M |