Despite achieving significant improvements in cash flow and implementing successful restructuring and strategic initiatives, AGCO faced substantial challenges with declining sales and operating margins, particularly in North America and Western Europe, compounded by ongoing tariff and trade uncertainties.

Company Guidance -

Q3 2025

During AGCO's second quarter 2025 earnings call, the company provided guidance on various financial metrics. Net sales for the quarter totaled over $2.6 billion, reflecting a decline of approximately 19% year-over-year, or 11% excluding divested businesses. Operating margins were reported at 6.2% on a GAAP basis and 8.3% on an adjusted basis, driven by strong decremental margins in the mid-teens. Production hours for the quarter were down 16% compared to the same period in 2024, with a full-year expectation of a 15% to 20% reduction. Despite these challenges, AGCO successfully improved free cash flow by nearly $400 million year-to-date and announced a new $1 billion share repurchase program. The company remains focused on its strategic initiatives, projecting a modest improvement in demand for 2026 and targeting mid-cycle operating margins of 14% to 15% by 2029. The effective tax rate for 2025 is anticipated to be approximately 35%, and capital expenditures are forecasted to be around $350 million for the year.

Cash Flow Improvement

Free cash flow generation improved by nearly $400 million compared to the first half of 2024.

Positive Sentiment in Europe

Europe continues to show better demand stability, consistent operating margins, and helps mitigate the impact of U.S. trade policy.

Restructuring Success

AGCO achieved strong decremental margins and notable inventory reductions through restructuring plans.

Favorable Trade Policies in South America

South America is poised to expand its global share in key commodities with favorable trade policies.

New $1 Billion Share Repurchase Program

The resolution with TAFE facilitates a new $1 billion share repurchase program, enhancing shareholder value.

Agco (AGCO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AGCO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	1.18 / -	0.68	―	―	―
Jul 31, 2025	2025 (Q2)	1.08 / 1.35	2.53	-46.64% (-1.18)
May 01, 2025	2025 (Q1)	0.04 / 0.41	2.32	-82.33% (-1.91)
Feb 06, 2025	2024 (Q4)	1.90 / 1.97	3.78	-47.88% (-1.81)
Nov 05, 2024	2024 (Q3)	1.08 / 0.68	3.97	-82.87% (-3.29)
Jul 30, 2024	2024 (Q2)	2.90 / 2.53	4.29	-41.03% (-1.76)
May 02, 2024	2024 (Q1)	2.26 / 2.32	3.51	-33.90% (-1.19)
Feb 06, 2024	2023 (Q4)	4.02 / 3.78	4.47	-15.44% (-0.69)
Oct 31, 2023	2023 (Q3)	3.31 / 3.97	3.18	24.84% (+0.79)
Jul 27, 2023	2023 (Q2)	3.73 / 4.29	2.38	80.25% (+1.91)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AGCO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$106.64	$117.97	+10.62%
May 01, 2025	$84.60	$93.14	+10.09%
Feb 06, 2025	$102.71	$97.52	-5.05%
Nov 05, 2024	$96.99	$89.42	-7.80%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Agco (AGCO) report earnings?

Agco (AGCO) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Agco (AGCO) earnings time?

Agco (AGCO) earnings time is at Nov 11, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AGCO EPS forecast?

AGCO EPS forecast for the fiscal quarter 2025 (Q3) is 1.18.

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