AGCO Q2 FY26 operating income drops 14.2% to $140.7 million; net sales slip 1% to $2.61 billion

• AGCO posted Q2 2026 net sales of $2.61 billion, down 1% from Q2 2025; operating income fell 14.2% to $140.7 million.
• Diluted EPS dropped to $1.08 from $4.22; adjusted diluted EPS rose to $1.43 from $1.35 under non-GAAP measures.
• Operating margin narrowed 0.8 percentage points to 5.4%; adjusted operating margin fell 1.7 percentage points to 6.6% on a non-GAAP basis.
• Free cash flow totaled $(346.8) million through June; AGCO confirmed a full-year free cash flow target of about $300 million.
• Outlook calls for 2026 net sales of $10.1 billion-$10.2 billion, adjusted EPS of $5.50-$5.75, capex of $300 million-$325 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AGCO Corporation published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.