The Andersons posts record Q3 2026 net income and beats non‑GAAP EPS expectations
The Andersons, Inc. reported net income of $46 million for the quarter ended September 30, 2026, translating to $1.36 per diluted share, while adjusted net income was $47 million or $1.38 per diluted share. Adjusted EBITDA reached $101 million and revenue was $2.83 billion. The company also announced a $915 million acquisition of Harvestone Low Carbon Partners that is expected to be immediately EPS‑accretive.
Why it matters
The earnings beat and the large acquisition suggest higher earnings per share going forward, as the company expects the deal to add to EPS immediately (the call notes the acquisition will be accretive). The stronger cash flow and low debt‑to‑EBITDA ratio give the firm flexibility to fund growth and the purchase.
Key facts
- 1Net income for Q3 2026 was $46 million, or $1.36 per diluted share. prnewswire.com
- 2Adjusted net income for the quarter was $47 million, or $1.38 per diluted share. prnewswire.com
- 3Adjusted EBITDA for Q3 2026 was $101 million. prnewswire.com
- 4Revenue for the quarter was $2.83 billion. finance.yahoo.com
- 5The company agreed to acquire Harvestone Low Carbon Partners for $915 million, which it expects to be immediately accretive to EPS. finance.yahoo.com
- 6Long‑term debt to EBITDA stood at 1.3 times, well under the target of less than 2.5 times. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.