AGCO reports Q3 2026 results with lower sales, beat adjusted EPS and trims full‑year revenue outlook

AGCO Corp. posted third‑quarter 2026 net sales of $2.3 billion, an 8.6% year‑over‑year decline, and reported earnings per share of $0.75 versus $4.09 a year earlier. Adjusted earnings per share were $1.05, beating analyst forecasts. The company cut its full‑year revenue guidance and reaffirmed an adjusted EPS outlook of about $5.50, while noting strong North‑American sales growth and weaker performance in Europe, the Middle East and Latin America.

The revenue miss and lowered guidance suggest lower near‑term top‑line growth for AGCO, which may pressure the stock and affect investors’ earnings expectations. However, the adjusted EPS beat and continued pricing benefits provide some upside to the earnings outlook, as noted by the company’s guidance of $5.50 adjusted EPS for the year.

  • 1Net sales were $2.3 billion, down 8.6% year‑over‑year.
  • 2Reported earnings per share were $0.75.
  • 3Adjusted earnings per share were $1.05.
  • 4Full‑year adjusted earnings per share outlook is approximately $5.50.
  • 5North America sales increased 34.8% (reported) and 35.1% on a constant‑currency basis.
  • 6The company lowered its full‑year revenue guidance to a range of $9.8 billion‑$10 billion.
  • Full‑year revenue guidance is reported as $9.8‑$10 billion in material 5 but $9.9 billion in material 6, creating a conflict.

Sources