Bunge Global 10-Q, filed Jul 29, 2026

Summary

Bunge Global reported second-quarter 2026 net income attributable to shareholders of $678 million, or $3.47 per diluted share, up from $354 million, or $2.61 per share, a year earlier, with net sales rising 88% to $24.0 billion largely on the Viterra acquisition. The company said the Viterra deal also drove higher interest expense and labor costs, and it now reports four segments after renaming its Other Oilseeds Processing and Refining segment to Tropical Oils and Specialty Ingredients.

Key points

• Six-month net income attributable to Bunge shareholders was $746 million, compared with $555 million in the first half of 2025, while diluted earnings per share fell to $3.81 from $4.10 on dilution from shares issued for the Viterra acquisition.
• Total EBIT for the quarter was $1,060 million, up from $538 million a year earlier, mainly on stronger Soybean Processing and Refining and Softseed Processing and Refining results, partly offset by weaker Grain Merchandising and Milling.
• Interest expense rose 86% to $197 million on higher debt used to finance the Viterra acquisition, and selling, general and administrative expenses rose 45% to $606 million on higher labor costs from the deal.
• Other income fell to $39 million from $187 million, mainly because the prior-year quarter included a $155 million gain on the sale of Bunge's North America corn milling business.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.