AGCO reported net sales of $2.5 billion for the third quarter ended September 30, 2025, a decrease of 4.7% compared to the third quarter of 2024. Excluding favorable foreign currency translation of 3.7%, net sales in the quarter decreased 8.4% compared to the third quarter of 2024.
“AGCO delivered another solid quarter of navigating a complex global landscape shaped by challenging farm economics, high interest rates, and cautious capital investment,” said Eric Hansotia, AGCO’s Chairman, President and CEO. “Our continued investments in precision agriculture, autonomous solutions and sustainable technologies helped maintain demand for our brands. At the same time, we have responded decisively with disciplined production cuts, aggressive cost management, and accelerated strategic restructuring initiatives.”
Hansotia continued, “While political shifts and global trade tensions weighed on farmer sentiment especially in North America, AGCO’s diversified global footprint and Farmer-First strategy helped mitigate regional disruptions. Our earnings and improved cash flow generation reflect the structural changes we have made. We remain focused on improving productivity for farmers, driving growth across our portfolio and delivering value for our shareholders.”
Net sales for the first nine months of 2025 were approximately $7.2 billion, a decrease of 18.4% compared to the same period in 2024. The first nine months of 2024 included other revenue of $741.8 million which represents revenue from the Company’s divestiture of the majority of its Grain & Protein business. Excluding favorable foreign currency translation of 1.0%, net sales in the first nine months of 2025 decreased 19.4% compared to the same period in 2024.
