AGCO Corporation (AGCO)

The company now

AGCO reported third-quarter 2026 net sales of $2.3 billion on 29 October, down 8.6 percent from a year earlier 1. Adjusted earnings per share were $1.05, against $1.35 in the third quarter of 2025 1.

Chief executive Eric Hansotia called it "the weakest global industry demand environment in more than a decade" 1. He said elevated input costs and uncertainty over commodity markets and trade pushed industry demand below the last cyclical trough 1.

Sales split sharply by region 1. Europe and the Middle East fell 19.1 percent, Latin America fell 15.4 percent and North America rose 34.8 percent 1. The company said higher North American unit sales, mostly high-horsepower and mid-range tractors and parts, drove that rise 1.

The company now expects 2026 net sales of $9.8 to $10.0 billion and adjusted earnings per share of about $5.50 1. On 30 July it had expected $10.1 to $10.2 billion and $5.50 to $5.75 7.

Tariffs are the open question 1. North America's operating income included about $13.0 million of IEEPA tariff refunds, which the company says remain subject to customs review and the administration's appeal 1.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.