AGCO CORP /DE (AGCO) Form 8-K — Oct 29, 2026
AGCO reported Q3 2026 net sales of $2.3 billion, down 8.6% year-over-year, with reported EPS of $0.75 and adjusted EPS of $1.05 versus adjusted EPS of $1.35 in the prior-year quarter. Management described conditions as the weakest global ag equipment demand environment in more than a decade, with EME sales down 18.1% and Latin America down 19.1% on a constant-currency basis, partially offset by a 35.1% increase in North America. The company guided 2026 net sales to $9.8-$10.0 billion with adjusted operating margin of about 7.0% and adjusted EPS of approximately $5.50, while planning production to keep dealer inventories aligned with weak demand.
Key figures
- Eps
- 0.75
- Guidance
- 2026 net sales of $9.8-$10.0 billion; adjusted operating margin ~7.0%; adjusted EPS of approximately $5.50
- Net Income
- 51700000
- Revenue Yoy
- -8.6%
- Cash Position
- 415100000
- Shares Outstanding
- 69400000
- Adjusted eps q3
- 1.05
- Eme sales change q3
- -18.1% (constant currency)
- Ieepa tariff refunds
- $13.0 million recognized in North America
- Nine month net sales
- $7,215.1 million
- Latam sales change q3
- -19.1% (constant currency)
- Share repurchases ytd
- $403.7 million
- Adjusted eps q3 prior year
- 1.35
- Adjusted operating margin q3
- 6.1%
- North america sales change q3
- +35.1% (constant currency)
- Adjusted operating margin q3 prior
- 7.5%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.