Bunge Global

BG Q3 2025 Earnings

Reported Nov 5, 2025 at 6:22 AM ET · SEC Source

Q3 25 EPS

$2.27

BEAT +15.32%

Est. $1.97

Q3 25 Revenue

$22.16B

MISS 4.47%

Est. $23.19B

vs S&P Since Q3 25

+23.0%

BEATING MARKET

BG +29.4% vs S&P +6.4%

Market Reaction

Did BG Beat Earnings? Q3 2025 Results

Bunge Global delivered a mixed but broadly encouraging third quarter, posting adjusted diluted EPS of $2.27 against the $1.97 consensus, a beat of 15.32%, even as revenue of $22.16 billion fell short of the $23.19 billion estimate by 4.47%. The top-l… Read more Bunge Global delivered a mixed but broadly encouraging third quarter, posting adjusted diluted EPS of $2.27 against the $1.97 consensus, a beat of 15.32%, even as revenue of $22.16 billion fell short of the $23.19 billion estimate by 4.47%. The top-line miss did little to obscure the scale of the transformation underway: revenue surged 71.6% year over year, almost entirely reflecting the first full quarter of consolidated results following the Viterra acquisition. The deal's impact was most visible in Soybean Processing and Refining, where Adjusted Segment EBIT jumped to $478 million from $286 million a year ago, powered by expanded Argentine capacity that pushed soybeans processed to 12,139 thousand metric tons from 9,343. Analysts maintaining a "Strong Buy" consensus have noted that the Viterra integration is already reshaping Bunge's earnings profile, and the company reinforced that view by reiterating full-year 2025 adjusted EPS guidance of $7.30 to $7.60, with second-half adjusted EPS expected between $4.00 and $4.25.

Key Takeaways

  • Strong execution across value chains leveraging increased footprint and capabilities from Viterra acquisition
  • Higher margins and expanded production capacity in Soybean and Softseed Processing, particularly in Argentina
  • Expanded soybean and softseed origination footprint driving higher merchandised volumes
  • Higher results in wheat milling and ocean freight in Grain Merchandising and Milling
  • Addition of Viterra's South American assets improving processing and refining results across regions
24/7 Wall St

BG YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

BG Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“In our first full quarter since closing the Viterra transaction, our combined team delivered strong results in a complex market and regulatory environment across nearly all regions. We're beginning to realize the benefits of our expanded global platform. By aligning the business around our proven end-to-end value chain model, we're unlocking efficiencies—optimizing our footprint, coordinating larger flows, and running at higher utilization, while serving customers more effectively.”

— Greg Heckman, Q3 2025 Earnings Press Release