The Andersons, Inc. (ANDE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.63B | 2.54B | 2.68B | 3.14B | 2.66B | 3.12B | 2.62B | 2.8B | 2.72B | 3.21B | 3.64B | 4.02B | 3.88B | 4.68B | 4.22B | 4.45B | 3.98B | 3.78B | 3B | 3.24B |
| Revenue Growth % | -1.2% | -18.79% | 2.16% | 12.19% | -2.17% | -2.8% | -27.91% | -30.47% | -29.97% | -31.31% | -13.83% | -9.67% | -2.43% | 23.65% | 40.7% | 37.54% | 53.31% | 50.81% | 59.04% | 71.19% |
| Cost of Goods Sold | 2.47B | 2.31B | 2.51B | 2.98B | 2.51B | 2.97B | 2.36B | 2.61B | 2.61B | 2.98B | 3.45B | 3.8B | 3.71B | 4.43B | 3.89B | 4.45B | 3.89B | 3.51B | 2.87B | 3.15B |
| COGS % of Revenue | 93.89% | 90.89% | 93.62% | 94.95% | 94.25% | 95.16% | 89.89% | 93.51% | 95.99% | 92.6% | 94.92% | 94.6% | 95.48% | 94.63% | 92.1% | 99.99% | 97.85% | 92.8% | 95.56% | 97.23% |
| Gross Profit | 160.58M | 230.99M | 170.87M | 158.42M | 152.87M | 151.29M | 264.9M | 181.54M | 108.98M | 237.63M | 184.62M | 217.11M | 175.58M | 251.2M | 333.24M | 653K | 85.54M | 272.28M | 133.19M | 89.72M |
| Gross Margin % | 6.11% | 9.11% | 6.38% | 5.05% | 5.75% | 4.84% | 10.11% | 6.49% | 4.01% | 7.4% | 5.08% | 5.4% | 4.52% | 5.37% | 7.9% | 0.01% | 2.15% | 7.2% | 4.44% | 2.77% |
| Gross Profit Growth % | 5.04% | 52.68% | -35.5% | -12.74% | 40.28% | -36.33% | 43.48% | -16.38% | -37.93% | -5.4% | -44.6% | 33148.09% | 105.27% | -7.74% | 150.21% | -99.27% | 259.75% | 83.66% | -8.33% | -7.95% |
| Operating Expenses | 144.66M | 150.47M | 172.55M | 134.59M | 145.75M | 144.75M | 120.49M | 116.61M | 119.36M | 132.71M | 126.31M | 116.01M | 117.23M | 136.47M | 115.54M | 112.56M | 101.99M | 110.92M | 110.28M | 105.56M |
| OpEx % of Revenue | 5.51% | 5.93% | 6.44% | 4.29% | 5.48% | 4.63% | 4.6% | 4.17% | 4.39% | 4.13% | 3.47% | 2.89% | 3.02% | 2.92% | 2.74% | 2.53% | 2.56% | 2.93% | 3.68% | 3.26% |
| Selling, General & Admin | 144.66M | 150.47M | 172.55M | 0 | 145.75M | 144.75M | 120.49M | 116.61M | 119.36M | 132.71M | 126.31M | 116.01M | 117.23M | 136.47M | 115.54M | 112.56M | 101.99M | 110.92M | 110.28M | 105.56M |
| SG&A % of Revenue | 5.51% | 5.93% | 6.44% | - | 5.48% | 4.63% | 4.6% | 4.17% | 4.39% | 4.13% | 3.47% | 2.89% | 3.02% | 2.92% | 2.74% | 2.53% | 2.56% | 2.93% | 3.68% | 3.26% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 15.92M | 80.53M | -1.68M | 23.83M | 7.12M | 6.54M | 144.41M | 64.92M | -10.38M | 104.92M | 58.31M | 101.1M | 58.34M | 114.73M | 217.7M | -111.91M | -16.45M | 161.36M | 22.91M | -15.84M |
| Operating Margin % | 0.61% | 3.17% | -0.06% | 0.76% | 0.27% | 0.21% | 5.51% | 2.32% | -0.38% | 3.27% | 1.6% | 2.51% | 1.5% | 2.45% | 5.16% | -2.51% | -0.41% | 4.27% | 0.76% | -0.49% |
| Operating Income Growth % | 123.66% | 1131.49% | -101.16% | -63.3% | 168.57% | -93.77% | 147.64% | -35.78% | -117.79% | -8.55% | -73.21% | 190.35% | 454.67% | -28.9% | 850.13% | -606.43% | 89.07% | 236.71% | -56.5% | -316.02% |
| EBITDA | 15.92M | 113.79M | 30.96M | 56.9M | 41.46M | 42.72M | 174.81M | 95.19M | 20.57M | 136.23M | 89.53M | 131.57M | 90.56M | 148.2M | 251.02M | -78.34M | 17.93M | 198.15M | 69.9M | 31.81M |
| EBITDA Margin % | 0.61% | 4.49% | 1.16% | 1.81% | 1.56% | 1.37% | 6.67% | 3.41% | 0.76% | 4.24% | 2.46% | 3.27% | 2.33% | 3.17% | 5.95% | -1.76% | 0.45% | 5.24% | 2.33% | 0.98% |
| EBITDA Growth % | -61.6% | 166.39% | -82.29% | -40.23% | 101.56% | -68.64% | 95.26% | -27.65% | -77.29% | -8.08% | -64.33% | 267.95% | 405.18% | -25.21% | 259.14% | -346.28% | 117.4% | 107.72% | -30.06% | -41.46% |
| D&A (Non-Cash Add-back) | 0 | 33.27M | 32.65M | 33.07M | 34.34M | 36.18M | 30.41M | 30.27M | 30.95M | 31.31M | 31.21M | 30.46M | 32.22M | 33.48M | 33.32M | 33.57M | 34.38M | 36.8M | 46.98M | 47.65M |
| EBIT | 15.92M | 80.53M | 36.32M | 36.33M | 16.31M | 80.63M | 73.75M | 67.16M | 23.88M | 99.86M | 46.57M | 118.37M | -65M | 31.1M | 34.72M | 135.19M | 22.31M | 84.01M | 25.66M | 64.67M |
| Net Interest Income | 0 | -13.13M | -10.48M | -11.49M | -13.1M | -10.27M | -8.36M | -6.61M | -6.52M | -8.1M | -8.19M | -13.95M | -16.63M | -14.09M | -14.98M | -16.92M | -10.86M | -8.44M | -8.8M | -10.06M |
| Interest Income | 0 | 700K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 16.84M | 13.83M | 10.48M | 11.49M | 13.1M | 10.27M | 8.36M | 6.61M | 6.52M | 8.1M | 8.19M | 13.95M | 16.63M | 14.09M | 14.98M | 16.92M | 10.86M | 8.44M | 8.8M | 10.06M |
| Other Income/Expense | 17.97M | 7.05M | 27.52M | 1.01M | -3.9M | 60.71M | -82.21M | -7.58M | 24.35M | -13.16M | -19.93M | 3.31M | -123.34M | -83.62M | -182.99M | 230.06M | 27.06M | -84.72M | -6.6M | 69.54M |
| Pretax Income | 33.89M | 87.58M | 25.84M | 24.84M | 3.21M | 67.25M | 62.19M | 57.35M | 13.97M | 91.76M | 38.38M | 104.42M | -65M | 31.1M | 34.72M | 118.15M | 10.61M | 76.64M | 16.32M | 53.7M |
| Pretax Margin % | 1.29% | 3.45% | 0.97% | 0.79% | 0.12% | 2.15% | 2.37% | 2.05% | 0.51% | 2.86% | 1.06% | 2.6% | -1.67% | 0.66% | 0.82% | 2.65% | 0.27% | 2.03% | 0.54% | 1.66% |
| Income Tax | 4.56M | 16.49M | -228K | 8.03M | -2.12M | 13.15M | 10.73M | 4.88M | 1.3M | 13.32M | 7.86M | 21.73M | -5.88M | 9.93M | 9.84M | 15.75M | 4.1M | 11.16M | 4.03M | 9.68M |
| Effective Tax Rate % | 13.45% | 18.82% | -0.88% | 32.33% | -65.92% | 19.55% | 17.25% | 8.5% | 9.33% | 14.52% | 20.48% | 20.81% | 9.05% | 31.94% | 28.34% | 13.33% | 38.68% | 14.57% | 24.68% | 18.02% |
| Net Income | 33.19M | 67.43M | 20.14M | 7.86M | 284K | 45.09M | 27.36M | 35.98M | 5.58M | 51.19M | 9.71M | 55.05M | -14.75M | 9.02M | 36.75M | 79.81M | 5.5M | 29.64M | 15.74M | 43.5M |
| Net Margin % | 1.26% | 2.66% | 0.75% | 0.25% | 0.01% | 1.44% | 1.04% | 1.29% | 0.21% | 1.59% | 0.27% | 1.37% | -0.38% | 0.19% | 0.87% | 1.79% | 0.14% | 0.78% | 0.52% | 1.34% |
| Net Income Growth % | 11585.92% | 49.55% | -26.41% | -78.16% | -94.91% | -11.91% | 181.88% | -34.64% | 137.84% | 467.22% | -73.58% | -31.02% | -368.04% | -69.56% | 133.5% | 83.46% | -63.57% | 85.37% | 1587.52% | 42.91% |
| Net Income (Continuing) | 33.19M | 71.09M | 26.07M | 16.81M | 5.33M | 54.1M | 51.46M | 52.47M | 12.66M | 78.44M | 30.52M | 82.69M | -59.12M | 21.17M | 24.88M | 102.4M | 6.5M | 65.47M | 12.29M | 44.02M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | -739K | -554K | -1000K | 1000K | 1000K |
| Minority Interest | 41.3M | 45.46M | 41.91M | 246.1M | 238.7M | 233.65M | 193.84M | 209.66M | 195.66M | 233.49M | 208.35M | 207.5M | 176.82M | 231.17M | 232.63M | 250.05M | 228.2M | 235.28M | 202.58M | 202.46M |
| EPS (Diluted) | 0.97 | 1.97 | 0.59 | 0.23 | 0.01 | 1.31 | 0.80 | 1.05 | 0.16 | 1.49 | 0.28 | 1.61 | -0.44 | 0.26 | 1.06 | 2.32 | 0.16 | 0.87 | 0.46 | 1.30 |
| EPS Growth % | 9600% | 50.38% | -26.25% | -78.1% | -93.75% | -12.08% | 185.71% | -34.78% | 136.36% | 473.08% | -73.58% | -30.6% | -375% | -70.11% | 130.43% | 78.46% | -64.44% | 81.25% | 1633.33% | 41.3% |
| EPS (Basic) | 0.98 | 1.98 | 0.59 | 0.23 | 0.01 | 1.32 | 0.80 | 1.06 | 0.16 | 1.52 | 0.29 | 1.63 | -0.44 | 0.27 | 1.08 | 2.36 | 0.16 | 0.88 | 0.48 | 1.31 |
| Diluted Shares Outstanding | 34.18M | 34.18M | 34.18M | 34.16M | 28.4M | 34.42M | 34.36M | 34.26M | 34.88M | 34.35M | 34.27M | 34.16M | 33.62M | 34.71M | 34.67M | 34.4M | 34.39M | 34.12M | 34.21M | 33.46M |
| Basic Shares Outstanding | 34.01M | 34.01M | 34.01M | 34.16M | 28.4M | 34.16M | 34.07M | 33.94M | 34.88M | 33.67M | 33.75M | 33.74M | 33.62M | 33.42M | 34.03M | 33.82M | 34.39M | 33.84M | 32.79M | 33.21M |
| Dividend Payout Ratio | - | 10.31% | 32.41% | 84.94% | 2356.69% | 15.1% | 23.65% | 18% | 116.75% | 12.9% | 64.32% | 11.35% | - | 70.33% | 16.37% | 7.64% | 111.65% | 21.06% | 37.02% | 13.42% |