| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 4.7K | 27.2% |
| Total Income | 4.7K | 27.2% |
| Expenditure | 4.6K | 36.2% |
| PBT | 61.00 | 78.5% |
| Net Profit | 68.00 | 66.2% |
| OPM | — | |
| NPM | 1.46% | 4.03pp |
| EPS | 0.35 | 76.7% |
Bunge Reports Q1 2026 Net Sales Up 87.8% to $21,861 Million, Raises Full-Year Adjusted EPS Outlook
29 Apr 2026 · 29 Apr, 3:47 pm
Summary
Bunge Global SA delivered a strong first quarter for 2026, with net sales surging by 87.8% to $21,861 million. While GAAP diluted EPS saw a significant decline to $0.35, adjusted diluted EPS remained stable at $1.83, and Adjusted Total EBIT increased substantially by 55.0% to $561 million. The company's performance was bolstered by strong execution in its Soybean and Softseed Processing and Refining segments. Reflecting confidence in its operational momentum and long-term fundamentals, Bunge raised its full-year adjusted EPS outlook to a range of $9.00 to $9.50.
Key Highlights
- 1
Bunge Global SA reported a substantial increase in net sales for the first quarter of 2026, reaching $21,861 million, an 87.8% rise compared to $11,643 million in the prior year.
- 2
Adjusted diluted EPS for Q1 2026 was $1.83, a modest increase from $1.81 in the same period last year, while GAAP diluted EPS decreased significantly to $0.35 from $1.48.
- 3
Adjusted Total EBIT saw a strong improvement, climbing 55.0% to $561 million in Q1 2026 from $362 million in Q1 2025.
- 4
The company raised its full-year 2026 adjusted EPS outlook range to $9.00 to $9.50, an increase from its previous range of $7.50 to $8.00.
- 5
Adjusted funds from operations (FFO) grew by 35.2% to $530 million in Q1 2026, up from $392 million in the prior year.
- 6
Higher results were primarily driven by strong execution and improved market conditions in the Soybean Processing and Refining and Softseed Processing and Refining segments.
- 7
Cash used for operating activities increased to $541 million in Q1 2026 from $285 million in Q1 2025, mainly due to lower net income and changes in working capital.
Management Comments
Greg Heckman
The Bunge team delivered a strong first quarter, executing with the discipline and speed that define this organization, while navigating one of the more rapidly changing market environments in recent years. Amid geopolitical uncertainty and shifting trade flows, our global platform performed as designed, enabling us to capture opportunities, manage risks, and connect farmers to consumers with the products, services, and solutions they need as they face increasing complexity. Looking ahead, visibility remains limited given ongoing macroeconomic conditions. However, our balanced footprint and diversified value chains position us to adapt. The long-term fundamentals underpinning demand for our products and services remain strong, and we are well equipped to continue serving customers at both ends of the value chain while delivering for all our stakeholders.
Informational and educational content only. Not investment advice.