Andersons, Inc. (ANDE)

Nasdaq: ANDE · Wholesale-Farm Product Raw Materials · Maumee, OH · filing with the SEC since 1994

Grade5.1

◀ Past 4.6● Present 5.3▶ Future 5.2

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 18, 2026	Feb 19, 2025	Feb 21, 2024	Feb 23, 2023	Feb 24, 2022	Feb 25, 2021	Feb 27, 2020	Feb 27, 2019	Feb 26, 2018	Mar 1, 2017
Revenue	11,008,928	11,257,548	14,750,112	17,325,384	12,612,050	8,064,620^r	8,003,253^r	3,045,382	3,686,345	3,924,790
For lenders
Interest and dividend income	7,197	21,093	13,007	3,000	·	·	·	·	·	·
Net interest income	-47,159	-31,760	-46,867	-56,849	-37,292	-33,784^r	-43,205^r	-27,848	-21,567	-21,119
Cost of revenue	10,295,277	10,563,622	14,004,749	16,641,220	12,019,353	7,698,423^r	7,542,486^r	2,743,377	3,367,546	3,579,284
Gross profit	713,651	693,926	745,363	684,164	592,697	366,197^r	460,767^r	302,005	318,799	345,506
Total operating expenses	·	·	·	·	·	·	436,842	257,872	286,993^r	316,093^r
Interest income (expense), net	7,197	21,093	13,007	3,000	1,529	·	·	·	·	·
Share of profit of equity-method investments	·	·	·	-5,671	4,842	638	-7,359	27,141	16,723	9,721
Other income (expense), net	2,469	4,616	13,889^r	-3,594^r	9,594^r	13,339^r	18,526^r	16,002	22,507^r	12,473^r
Total non-operating income (expense)	78,340	42,211	50,483	33,823	37,438	18,201	·	·	·	·
Income before income taxes	141,469	200,757	169,563	194,582	160,770	-27,081^r	13,021^r	53,156	-20,525	21,381
Income tax expense	22,168	30,057	37,034	39,628	29,228	-10,910^r	9,145^r	11,931	-63,134	6,911
Income from continuing operations	95,713	114,012	101,190	119,055	99,662	5,754	7,123	·	·	·
Income from discontinued operations	·	0	0	12,025	4,324	1,956	11,184	·	·	·
Net income including non-controlling interests	119,301	170,700	132,529	166,979	135,866	-14,215	15,060	41,225	42,609	14,470
Net income to non-controlling interests	23,588	56,688	31,339	35,899	31,880	-21,925	-3,247	-259	98	2,876
Net income	95,713	114,012	101,190	131,080	103,986	7,710	18,307	41,484	42,511	11,594
Net income to common shareholders	·	·	·	·	·	·	18,307	41,484	42,510	11,585
Earnings per share, basic	·	3.35	3.00	3.89	3.12	0.23	0.56	1.47	1.51	0.41
Earnings per share, diluted	·	3.32	2.94	3.81	3.07	0.23	0.55	1.46	1.50	0.41
Weighted average shares, basic	34,036	34,032	33,718	33,731	33,279	32,924	32,570	28,258	28,126	28,193
Weighted average shares, diluted	34,337	34,322	34,382	34,422	33,855	33,189	33,096	28,452	28,296	28,431

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 3-for-2 split of Dec 2016.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:Revenues
us-gaap:SalesRevenueNet

Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton ANDE · research, not advice