Financials · AGRO

Adecoagro S.A. (AGRO) financials

For fiscal 2025 (ended Dec 31, 2025), Adecoagro S.A. reported $1.43B of revenue and -$8.35M of net income.

Revenue, FY2025
$1.43B
Revenue growth, YoY
-6.0%
Net income, FY2025
-$8.35M
Net margin
-0.6%
Free cash flow, FY2025
$44.40M
EPS, diluted, FY2025
-$0.08
Cash
$383.15M
Total debt
$1.59B
P/S
0.92
Market cap
$1.31B
Annual revenue$1.43B
FY2016FY2025
Annual net income-$8.35M
FY2016FY2025
Annual free cash flow$44.40M
FY2016FY2025

AGRO revenue and earnings growth

AGRO revenueFY2025$1.43B

FY YoY
-6.0%
5Y CAGR
+11.8%
10Y CAGR
+7.8%

AGRO revenue was $1.43B for fiscal 2025 (ended Dec 31, 2025), down 6.0% from fiscal 2024. Compound annual growth was +11.8% over 5 years and +7.8% over 10 years. It rose in 6 of the last 10 fiscal years.

AGRO net incomeFY2025-$8.35M

AGRO net income was -$8.35M for fiscal 2025 (ended Dec 31, 2025), compared with $92.34M in fiscal 2024.

AGRO EPSFY2025-$0.08

AGRO diluted EPS was -$0.08 for fiscal 2025 (ended Dec 31, 2025), compared with $0.90 in fiscal 2024.

AGRO free cash flowFY2025$44.40M

FY YoY
-34.8%
5Y CAGR
-12.9%
10Y CAGR
+28.1%

AGRO free cash flow was $44.40M for fiscal 2025 (ended Dec 31, 2025), down 34.8% from fiscal 2024. Compound annual growth was -12.9% over 5 years and +28.1% over 10 years. It rose in 6 of the last 10 fiscal years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$1.43B$1.52B$1.30B$1.35B$1.12B$817.76M$887.14M$793.24M$933.18M$869.24M
Cost of revenue$1.18B$1.20B$973.18M$1.08B$854.97M$611.95M$671.17M$609.97M$766.73M$678.58M
Gross profit$351.28M$434.84M$415.39M$465.63M$484.25M$335.55M$286.38M$198.56M$238.52M$310.27M
Selling, general and admin$122.12M$103.88M$70.32M$84.29M$69.79M$53.43M$57.20M$56.08M$57.30M$50.75M
Operating income$94.31M$182.30M$241.56M$249.80M$278.02M$189.05M$121.38M$156.50M$129.59M$184.60M
Interest expense$72.53M$40.87M$31.91M$50.04M$62.54M$58.28M$60.13M$47.27M$52.31M$48.20M
Pre-tax income-$6.93M$35.09M$305.39M$135.36M$174.55M$13.39M$21.16M-$24.26M$9.98M$27.18M
Income tax-$174.0K-$57.02M$78.67M$26.76M$43.84M$12.32M$20.82M-$1.02M-$4.99M$12.90M
Net income-$8.35M$92.34M$226.29M$108.14M$130.67M$412.0K-$772.0K-$24.62M$13.20M$11.57M
EPS, basic-$0.08$0.90$2.11$0.98$1.14$0.00-$0.01-$0.21$0.11$0.10
EPS, diluted-$0.08$0.90$2.10$0.98$1.13$0.00-$0.01-$0.21$0.11$0.09
Diluted shares102.4M103.1M107.5M110.4M115.6M117.7M117.9M117.8M122.2M123.1M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$383.15M$211.24M$339.78M$230.65M$199.77M$336.28M$290.28M$273.63M$269.19M$158.57M
Receivables$364.35M$213.36M$179.06M$183.82M$145.85M$145.66M$127.34M$158.69M$150.11M$157.53M
Inventory$306.27M$289.66M$256.05M$274.02M$239.52M$133.46M$112.79M$128.10M$108.92M$111.75M
Current assets$1.42B$1.02B$1.06B$1.02B$761.80M$766.57M$649.07M$660.83M$689.45M$568.16M
Goodwill--------$12.41M$13.40M
Total assets$5.25B$3.11B$3.16B$3.11B$2.58B$2.48B$2.52B$2.28B$1.65B$1.50B
Current liabilities$1.03B$400.32M$494.05M$610.85M$357.43M$359.17M$364.40M$277.85M$282.41M$332.48M
Short-term debt$213.09M$99.55M$207.11M$279.77M$112.16M$157.63M$188.08M$143.63M$154.90M$205.09M
Long-term debt$1.38B$680.00M$697.84M$727.98M$705.49M$813.46M$780.20M$718.48M$663.06M$430.30M
Total debt$1.59B$779.56M$904.95M$1.01B$817.65M$971.09M$968.28M$862.12M$817.96M$635.40M
Total liabilities$3.46B$1.71B$1.90B$1.95B$1.53B$1.52B$1.49B$1.17B$962.07M$784.09M
Shareholders' equity$1.66B$1.37B$1.27B$1.16B$1.05B$963.72M$1.03B$1.11B$891.20M$712.30M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$308.52M$328.33M$434.91M$370.03M$348.66M$257.13M$322.11M$218.51M$237.10M$255.40M
Capital expenditures$264.12M$260.21M$241.62M$217.78M$199.29M$168.53M$252.45M$207.07M$198.55M$132.39M
Free cash flow$44.40M$68.12M$193.28M$152.25M$149.37M$88.60M$69.66M$11.44M$38.55M$123.01M
Investing cash flow-$922.94M-$231.56M-$111.55M-$299.26M-$175.22M-$121.92M-$249.64M-$175.11M-$188.34M-$122.01M
Financing cash flow$785.77M-$274.00M-$208.74M-$23.57M-$303.13M-$53.92M-$37.86M-$20.85M$70.19M-$181.68M
Share repurchases$10.21M$66.89M$26.24M$36.84M$66.46M$4.37M$4.26M$15.72M$38.37M$4.77M
Stock-based compensation$11.90M$6.68M$8.58M$10.23M$6.41M$4.32M$4.73M$4.73M$5.55M$4.80M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-6.0%16.9%-3.6%19.9%37.5%-7.8%11.8%-15.0%7.4%28.9%
Net income growth, YoY--59.2%109.3%-17.2%31615.8%---14.1%-
EPS growth, YoY--57.4%115.0%-13.4%37566.7%---14.9%-
Gross margin24.6%28.6%32.0%34.5%43.1%41.0%32.3%25.0%25.6%35.7%
Operating margin6.6%12.0%18.6%18.5%24.7%23.1%13.7%19.7%13.9%21.2%
Net margin-0.6%6.1%17.4%8.0%11.6%0.1%-0.1%-3.1%1.4%1.3%
Free cash flow margin3.1%4.5%14.9%11.3%13.3%10.8%7.9%1.4%4.1%14.2%
Return on equity-0.5%6.7%17.9%9.3%12.5%0.0%-0.1%-2.2%1.5%1.6%
Return on assets-0.2%3.0%7.2%3.5%5.1%0.0%-0.0%-1.1%0.8%0.8%
Current ratio1.382.542.141.672.132.131.782.382.441.71
Debt to equity0.960.570.720.870.781.010.940.780.920.89

Source: XBRL data Adecoagro S.A. files with the SEC, latest filing dated Apr 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

AGRO peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AGRO$1.43B-6.0%-$8.35M-0.6%$1.31B
CTVA$17.65B+1.0%$766.00M4.3%$6.29B
SEB$10.50B+7.0%$555.00M5.3%$3.59B
CALM$2.53B-42.5%$58.73M2.3%$3.10B
ANDE$11.09B-4.3%$203.63M1.8%$1.86B
DOLE$9.57B-$93.13M1.0%$1.34B
DMC$4.38B+1.4%$81.40M1.9%$1.28B
AVO$1.34B-6.2%$2.00M0.1%$1.04B

AGRO FAQ

9 questions
  • What is AGRO revenue?
    Adecoagro S.A. (AGRO) reported $1.43B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 6.0% from the year before.
  • Is AGRO profitable?
    No. Adecoagro S.A. reported a net loss of $8.35M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does AGRO have?
    Adecoagro S.A. reported $383.15M in cash and cash equivalents and $1.59B of debt on its most recent balance sheet in SEC filings.
  • How fast is AGRO revenue growing?
    Adecoagro S.A.'s revenue changed -6.0% in fiscal 2025, to $1.43B. Its compound annual growth rate was +11.8% over 5 years and +7.8% over 10 years.
  • What is AGRO gross margin?
    Adecoagro S.A.'s gross profit was $351.28M on $1.43B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 24.6%.
  • What is AGRO free cash flow?
    Adecoagro S.A. generated $44.40M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $308.52M less capital expenditures.
  • What is AGRO earnings per share?
    Diluted earnings per share were -$0.08 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did AGRO last report financial results?
    The latest statements here come from Adecoagro S.A.'s 20-F filed on Apr 29, 2026, covering the period ended Dec 31, 2025.
  • Where does this AGRO financial data come from?
    Quantisnow builds these statements from the structured XBRL data Adecoagro S.A. files with the SEC. It is provided for information only and is not investment advice.