Quarterly ResultAug 3, 2026, 04:59 PM
Andersons Q2 Adjusted EPS $2.15; Net Income $57M
AI Summary
Andersons, Inc. reported strong second-quarter 2026 financial results, with net income attributable to the company increasing significantly to $57 million, or $1.65 per diluted share. Adjusted net income reached $74 million, or $2.15 per diluted share, and Adjusted EBITDA was $140 million. The Renewables segment achieved record pretax income of $65 million, boosted by strong production, merchandising, and $24 million in 45Z tax credits. The company is also advancing strategic growth initiatives, including a debottlenecking project and carbon intensity reduction efforts.
Key Highlights
- Q2 2026 net income attributable to Andersons was $57 million, up from $7.9 million in Q2 2025.
- Diluted EPS for Q2 2026 was $1.65, compared to $0.23 in Q2 2025.
- Adjusted diluted EPS for Q2 2026 was $2.15, significantly higher than $0.24 in Q2 2025.
- Adjusted EBITDA for Q2 2026 reached $140 million, up from $65.2 million in Q2 2025.
- Renewables segment reported record Q2 pretax income of $65 million, including $24 million from 45Z tax credits.
- Agribusiness segment pretax and adjusted pretax income was $20 million, showing year-over-year improvement.
- Cash provided by operating activities was $488 million in Q2 2026, up from $299 million in Q2 2025.
- Company is preparing for a debottlenecking project at its Clymers, Indiana ethanol facility.
Price Impact
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