AGCO Corporation reported financial results for the third quarter ended September 30, 2026, with net sales of $2.3 billion. This figure represents a decrease of 8.6% compared to the same period in 2025. Reported earnings per share (EPS) for the quarter were $0.75, while adjusted EPS was $1.05. For the first nine months of 2026, net sales were approximately $7.2 billion, an increase of 0.7% compared to the prior year, with reported EPS at $2.59 and adjusted EPS at $3.42.
Regional performance varied significantly during the third quarter. Net sales in North America increased 34.8% year-over-year, while Latin America and Europe/Middle East (EME) declined by 15.4% and 19.1%, respectively. The Asia/Pacific/Africa (APA) region saw sales rise by 13.8%. The company noted that excluding the impact of currency translation, North American sales increased by 35.1%, while APA sales increased by 9.2%, and EME and Latin America sales decreased by 18.1% and 19.1%, respectively.
AGCO provided a full-year outlook for 2026. The company expects net sales to be between $9.8 billion and $10.0 billion. Adjusted operating margins are projected to be approximately 7.0%. Based on these assumptions, the company targets adjusted earnings per share of approximately $5.50 for the full year. The company stated that these estimates reflect tariff policies as of October 29, 2026, and that changes to these policies could affect the projections.
