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Key Results
Actual vs Consensus
EPS: $1.77 vs $1.60 estimate, beat+10.6%.Revenue: $22.3B vs $23.3B estimate, missed-4.0%.Profitability and Cash Flow
Period: 2026 Q3 period ended 2026-09-30Revenue: $22.3B; YoY: +9.6%; QoQ: -1.5%Gross profit: $1.9B; Gross margin: 8.4%Operating income: $940M; Operating margin: 4.2%; YoY: +136.8%; QoQ: +4.9%Net income: $821M; GAAP diluted EPS: $1.70; YoY: +660.2%; QoQ: -9.6%Operating cash flow: $489M; Capex: $307M; Free cash flow: $182MOfficial release: ADM Reports Third Quarter 2026 Results
核心结果
实际值与市场预期
EPS：$1.77 vs $1.60 预期，高于预期+10.6%。营收：$22.3B vs $23.3B 预期，低于预期-4.0%。财务指标
期间：2026 Q3（截至 2026-09-30）营收：$22.3B；同比：+9.6%；环比：-1.5%毛利润：$1.9B；毛利率：8.4%经营利润：$940M；经营利润率：4.2%；同比：+136.8%；环比：+4.9%净利润：$821M；GAAP 稀释 EPS：$1.70；同比：+660.2%；环比：-9.6%经营现金流：$489M；资本开支：$307M；自由现金流：$182M
