SHARPE
Reported results
- Net sales were $2.3 billion for the third quarter of 2026, a decrease of 8.6% compared to the third quarter of 2025.
- Reported net income per share was $0.75 for the third quarter of 2026 compared to $4.09 per share for the third quarter of 2025.
- Adjusted net income per share was $1.05 for the third quarter of 2026 compared to $1.35 per share for the third quarter of 2025.
- Operating margin was 5.1% for the third quarter of 2026 compared to 6.1% for the third quarter of 2025.
- Adjusted operating margin was 6.1% for the third quarter of 2026 compared to 7.5% for the third quarter of 2025.
- Consolidated income from operations was $116.1 million for the third quarter of 2026 compared to $151.6 million for the third quarter of 2025.
Guidance
- AGCO’s net sales for 2026 are expected to be from $9.8 to $10.0 billion.
- Full-year 2026 adjusted operating margins are projected to be about 7.0%.
- Full-year 2026 adjusted earnings per share is targeted at approximately $5.50.
Notes
Effective January 1, 2026, AGCO realigned its organizational structure by transferring its Mexico operations from the North America segment to the Latin America segment, and segment information for all prior periods presented was retrospectively adjusted.
Price and volatility reaction
The stock moved +5.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -6.3 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 102.16 | 2026-10-28 |
| Close after release | 107.84 | 2026-10-29 |
| Realised move | +5.6% | close to close |
| 30d ATM IV change | -6.3 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.