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Side-by-side financial comparison of Adecoagro S.A. (AGRO) and Farmmi, Inc. (FAMI), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
Adecoagro S.A. is the larger business by last-quarter revenue ($304.2M vs $16.1M, roughly 18.8× Farmmi, Inc.). Adecoagro S.A. runs the higher net margin — 2.1% vs -0.3%, a 2.4% gap on every dollar of revenue. On growth, Adecoagro S.A. posted the faster year-over-year revenue change (-35.5% vs -55.7%).
Astra Agro Lestari Tbk. (AAL) is the second biggest palm oil company in Indonesia. It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks. It has two concessions on peatlands in Riau, with an estimated total area of 20,000 hectares.
Farmmi Inc. is a company that processes and sells agricultural products in China and abroad; it grows and markets shiitake and wood ear mushrooms and other edible fungi products, including bamboo fungi, chestnut mushroom, trumpet royale, hen of the woods, lawyer's wig, and lion's mane mushroom. It also operates Farmmi Jicai, an online store that sells edible fungi products under the Forasen and Farmmi Liangpin brands. In addition, the company exports dried whole and sliced shiitake mushrooms,...
AGRO vs FAMI — Head-to-Head
Income Statement — Q3 2025 vs Q2 2025
| Metric | | |
|---|---|---|
| Revenue | $304.2M | $16.1M |
| Net Profit | $6.4M | $-44.0K |
| Gross Margin | 35.1% | 5.0% |
| Operating Margin | 18.7% | -4.1% |
| Net Margin | 2.1% | -0.3% |
| Revenue YoY | -35.5% | -55.7% |
| Net Profit YoY | -65.7% | -107.0% |
| EPS (diluted) | $0.07 | $-0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q3 25 | $304.2M | — | ||
| Q1 25 | — | $16.1M | ||
| Q3 24 | $471.5M | — | ||
| Q1 24 | — | $36.4M |
| Q3 25 | $6.4M | — | ||
| Q1 25 | — | $-44.0K | ||
| Q3 24 | $18.7M | — | ||
| Q1 24 | — | $630.5K |
| Q3 25 | 35.1% | — | ||
| Q1 25 | — | 5.0% | ||
| Q3 24 | 25.1% | — | ||
| Q1 24 | — | 5.9% |
| Q3 25 | 18.7% | — | ||
| Q1 25 | — | -4.1% | ||
| Q3 24 | 6.3% | — | ||
| Q1 24 | — | 2.5% |
| Q3 25 | 2.1% | — | ||
| Q1 25 | — | -0.3% | ||
| Q3 24 | 4.0% | — | ||
| Q1 24 | — | 1.7% |
| Q3 25 | $0.07 | — | ||
| Q1 25 | — | $-0.04 | ||
| Q3 24 | $0.19 | — | ||
| Q1 24 | — | $1.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $340.0M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.4B | $166.4M |
| Total Assets | $3.6B | $230.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q3 25 | $340.0M | — | ||
| Q1 25 | — | — | ||
| Q3 24 | $198.3M | — | ||
| Q1 24 | — | — |
| Q3 25 | $1.4B | — | ||
| Q1 25 | — | $166.4M | ||
| Q3 24 | $1.4B | — | ||
| Q1 24 | — | $164.4M |
| Q3 25 | $3.6B | — | ||
| Q1 25 | — | $230.4M | ||
| Q3 24 | — | — | ||
| Q1 24 | — | $171.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $14.6M |
| Free Cash FlowOCF − Capex | — | $14.6M |
| FCF MarginFCF / Revenue | — | 90.1% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | — | 0.1% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q3 25 | — | — | ||
| Q1 25 | — | $14.6M | ||
| Q3 24 | — | — | ||
| Q1 24 | — | $-14.9M |
| Q3 25 | — | — | ||
| Q1 25 | — | $14.6M | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — |
| Q3 25 | — | — | ||
| Q1 25 | — | 90.1% | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — |
| Q3 25 | — | — | ||
| Q1 25 | — | 0.1% | ||
| Q3 24 | — | — | ||
| Q1 24 | — | 0.0% |
| Q3 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | -23.63× |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
