Andersons Q2 Earnings Surge on Record Renewables Performance
ANDE has more than doubled off its 52-week low of $31.84 on light trading volume (0.4× avg).
Summary
Andersons, Inc. reported Q2 2026 net income of $57 million ($1.65 per diluted share), a massive increase from $7.9 million a year ago, driven by record Renewables performance and $24 million in 45Z tax credits.
Key Events · Earnings and Guidance · ANDE
-
Record Renewables Quarter
The Renewables segment delivered record Q2 pretax income of $65 million and adjusted pretax income of $88 million, driven by strong ethanol production, favorable crush margins, and $24 million in 45Z tax credits.
-
Earnings Surge
Net income attributable to Andersons reached $57 million ($1.65 diluted EPS) compared to $7.9 million ($0.23) in Q2 2025, with adjusted EPS of $2.15.
-
Strong Cash Generation
Cash provided by operating activities was $488 million in Q2 2026, up from $299 million in the prior-year quarter, supporting growth investments and a healthy balance sheet.
-
Agribusiness Improvement
Agribusiness pretax income attributable to the company was $20 million, up modestly from $17 million a year ago, led by better fertilizer margins.
Analysis · ANDE · Trade & Services
A dramatic year-over-year earnings increase saw net income jump to $57 million from $7.9 million. The Renewables segment was the standout, posting record second-quarter pretax income of $65 million and adjusted pretax income of $88 million, fueled by strong ethanol production, favorable crush margins, and $24 million in 45Z tax credits. Agribusiness also improved modestly. These results significantly exceed the prior-year quarter and demonstrate the company's ability to capitalize on supportive renewable fuel markets. With adjusted EBITDA of $140 million and strong cash generation, the balance sheet remains healthy, supporting ongoing growth investments.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ANDE was trading at $76.10 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $31.84 to $82.11. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.