AGCO Corp. (NYSE:AGCO) on Thursday posted better-than-expected fourth-quarter earnings and issued an upbeat 2026 outlook.
“2025 reflects a meaningful progress year that we’ve made in transferring AGCO into a more resilient, better-positioned company. We’re executing with discipline and focus on what we can control in a pretty volatile market,” Eric Hansotia, AGCO’s Chairman, President, and CEO, said in the earnings call.
AGCO reported fourth-quarter 2025 net sales of $2.92 billion, a 1.1% increase from the prior year and above the $2.67 billion analyst estimate. Excluding a 6.4% favorable currency impact, net sales declined 5.3% year over year.
Adjusted earnings were $2.17 per share, exceeding the $1.86 analyst estimate and up from $1.97 per share in the fourth quarter of 2024.
For fiscal 2026, AGCO forecasts …