Quarterly ResultMay 12, 2026, 04:07 PM
Bioceres Q3 Revenue Down 23% to $39.4M; Net Loss $10.0M
AI Summary
Bioceres Crop Solutions reported a 23% year-over-year decline in total revenues to $39.4 million for fiscal third quarter 2026, resulting in a net loss of $10.0 million compared to a net profit in the prior year. Adjusted EBITDA was $(0.6) million. The results reflect softer demand, competitive pressures, and the ongoing transition in Seeds, alongside the classification of the Pro Farm Group as discontinued operations due to a foreclosure auction and related litigation. The company is focused on operational refocusing, cost management, and liability management initiatives.
Key Highlights
- Total revenues declined 23% YoY to $39.4 million in 3Q26.
- Reported a net loss of $10.0 million in 3Q26, compared to a $2.3 million net profit in 3Q25.
- Adjusted EBITDA was $(0.6) million in 3Q26, down from $9.1 million in 3Q25.
- Crop Protection revenues fell 18% to $24.6 million; Seed and Integrated Products revenues dropped 71% to $3.2 million.
- Crop Nutrition revenues increased 15% to $11.6 million.
- Gross profit decreased 30% to $12.7 million, with gross margin at 32%.
- SG&A expenses declined 16% YoY to $16.1 million due to cost management.
- Total Financial Debt stood at $228.8 million as of March 31, 2026.