ADM Q2 profit drops 55%, marking lowest second-quarter earnings in five years

USA – Archer Daniels Midland Co. (ADM) has reported a steep 55% drop in second-quarter net earnings, underscoring the ongoing pressure from global trade policy uncertainty, fluctuating biofuel regulations, and a weaker commodity price environment.

For the quarter ended June 30, 2025, the Chicago-based agribusiness giant posted net income of US$219 million, or 45¢ per share, compared with US$486 million, or 98¢ per share, in the same period a year earlier.

This marks ADM’s lowest second-quarter profit in five years.

Earnings before income taxes fell to US$279 million, down from US$596 million in the previous year’s second quarter, while revenues slipped 5% to US$21.17 billion from US$22.25 billion.

The latest quarter also included US$137 million in asset impairment, exit and restructuring costs, substantially higher than the US$7 million reported in the prior year.

These results have prompted ADM to tighten its fiscal 2025 adjusted earnings-per-share guidance to approximately US$4, down from a previous range of US$4 to US$4.75.

Speaking during the company’s August 5 earnings call, ADM president and chief executive officer Juan Luciano said the team remained focused on managing what is within its control amid a volatile external environment.

 “The team’s focus has been on managing what we can control in a dynamic environment, and we continue to drive positive momentum in those areas in the second quarter,” Luciano said.

Despite the weak quarterly performance, Luciano pointed to the potential for improved conditions in the second half of the year.

“As we look to the back half of 2025 from an external perspective, we anticipate increasing biofuels and trade policy clarity that accelerate our ability to create positive economic opportunities and drive additional investments such as these throughout our business and the agriculture sector,” he said.

Luciano added that ADM is well positioned to play a leadership role in advancing public policy initiatives that support the agricultural economy.

“As public policy increasingly supports the agricultural sector, ADM is poised to play a pivotal role in driving that progress. In the US, for instance, as policies are finalized to accelerate the adoption of renewable fuels, ADM is ready to lead, advancing the innovative solutions that open new, high-value markets for American farmers and strengthen the broader bio economy.”

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