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Side-by-side financial comparison of Archer Daniels Midland (ADM) and TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM). Click either name above to swap in a different company.
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD is the larger business by last-quarter revenue ($35.5B vs $20.5B, roughly 1.7× Archer Daniels Midland). TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD runs the higher net margin — 50.5% vs 1.5%, a 49.0% gap on every dollar of revenue.
The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.
Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest dedicated independent semiconductor foundry, headquartered in Hsinchu, Taiwan. It manufactures advanced logic chips on contract for fabless customers including Apple, NVIDIA, AMD, Qualcomm, and Broadcom, and leads the industry in leading-edge process nodes (3nm/5nm/7nm).
ADM vs TSM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.5B | $35.5B |
| Net Profit | $298.0M | $17.9B |
| Gross Margin | 6.0% | 66.2% |
| Operating Margin | — | 58.0% |
| Net Margin | 1.5% | 50.5% |
| Revenue YoY | 1.6% | — |
| Net Profit YoY | 1.0% | — |
| EPS (diluted) | $0.62 | $111.55 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $20.5B | $35.5B | ||
| Q4 25 | $6.1B | $32.7B | ||
| Q3 25 | $6.4B | $30.7B | ||
| Q2 25 | $6.3B | $28.9B | ||
| Q1 25 | $6.1B | $26.0B | ||
| Q4 24 | $-25.7B | $88.3B | ||
| Q3 24 | $6.0B | — | ||
| Q2 24 | $22.2B | — |
| Q1 26 | $298.0M | $17.9B | ||
| Q4 25 | $456.0M | $15.8B | ||
| Q3 25 | $108.0M | $14.0B | ||
| Q2 25 | $219.0M | $12.3B | ||
| Q1 25 | $295.0M | $11.2B | ||
| Q4 24 | $567.0M | $35.3B | ||
| Q3 24 | $18.0M | — | ||
| Q2 24 | $486.0M | — |
| Q1 26 | 6.0% | 66.2% | ||
| Q4 25 | 20.0% | 62.3% | ||
| Q3 25 | 19.8% | 59.5% | ||
| Q2 25 | 21.6% | 58.6% | ||
| Q1 25 | 19.2% | 58.8% | ||
| Q4 24 | — | 56.1% | ||
| Q3 24 | 22.8% | — | ||
| Q2 24 | 6.3% | — |
| Q1 26 | — | 58.0% | ||
| Q4 25 | 7.9% | 53.9% | ||
| Q3 25 | 2.3% | 50.6% | ||
| Q2 25 | 4.4% | 49.6% | ||
| Q1 25 | 5.7% | 48.5% | ||
| Q4 24 | — | 45.7% | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 2.7% | — |
| Q1 26 | 1.5% | 50.5% | ||
| Q4 25 | 7.5% | 48.3% | ||
| Q3 25 | 1.7% | 45.7% | ||
| Q2 25 | 3.5% | 42.7% | ||
| Q1 25 | 4.8% | 43.1% | ||
| Q4 24 | -2.2% | 40.0% | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 2.2% | — |
| Q1 26 | $0.62 | $111.55 | ||
| Q4 25 | $0.95 | $98.45 | ||
| Q3 25 | $0.22 | $87.20 | ||
| Q2 25 | $0.45 | $76.80 | ||
| Q1 25 | $0.61 | $69.70 | ||
| Q4 24 | $1.21 | $1.36 | ||
| Q3 24 | $0.04 | — | ||
| Q2 24 | $0.98 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $591.0M | — |
| Total DebtLower is stronger | $1.7B | — |
| Stockholders' EquityBook value | $22.8B | — |
| Total Assets | — | — |
| Debt / EquityLower = less leverage | 0.08× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $591.0M | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $864.0M | — | ||
| Q4 24 | $611.0M | $64.9B | ||
| Q3 24 | $784.0M | — | ||
| Q2 24 | $764.0M | — |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $7.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.3B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | — | — |
| Q1 26 | $22.8B | — | ||
| Q4 25 | $22.7B | — | ||
| Q3 25 | $22.5B | — | ||
| Q2 25 | $22.4B | — | ||
| Q1 25 | $22.1B | — | ||
| Q4 24 | $22.2B | $130.5B | ||
| Q3 24 | $22.0B | — | ||
| Q2 24 | $22.2B | — |
| Q1 26 | — | — | ||
| Q4 25 | $52.4B | — | ||
| Q3 25 | $51.9B | — | ||
| Q2 25 | $52.0B | — | ||
| Q1 25 | $53.4B | — | ||
| Q4 24 | $53.3B | $204.1B | ||
| Q3 24 | $52.2B | — | ||
| Q2 24 | $52.7B | — |
| Q1 26 | 0.08× | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.37× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADM
| Ag Services and Oilseeds | $16.0B | 78% |
| Carbohydrate Solutions | $2.6B | 12% |
| Nutrition | $1.8B | 9% |
TSM
Segment breakdown not available.
