Andersons, Inc.
For the period ended Dec 31, 2025. Filed Feb 18, 2026.
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FY2025 · Filed Feb 18, 2026
ANDE$55.18+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Sales and merchandising revenues | $11,008,928 | $11,257,548 | $14,750,112 |
| Cost of sales and merchandising revenues | 10,295,277 | 10,563,622 | 14,004,749 |
| Gross profit | 713,651 | 693,926 | 745,363 |
| Operating, administrative and general expenses | 585,234 | 503,620 | 492,260 |
| Asset impairment | 18,129 | — | 87,156 |
| Interest expense, net | 47,159 | 31,760 | 46,867 |
| Other income, net | 78,340 | 42,211 | 50,483 |
| Income before income taxes | 141,469 | 200,757 | 169,563 |
| Income tax provision | 22,168 | 30,057 | 37,034 |
| Net income | 119,301 | 170,700 | 132,529 |
| Net income attributable to noncontrolling interests | 23,588 | 56,688 | 31,339 |
| Net income attributable to The Andersons, Inc. | $95,713 | $114,012 | $101,190 |
| Average number of shares outstanding – basic | 34,036 | 34,032 | 33,718 |
| Average number of shares outstanding – diluted | 34,337 | 34,322 | 34,382 |
| Earnings per share attributable to The Andersons, Inc. common shareholders: | |||
| Basic earnings per share | $2.81 | $3.35 | $3.00 |
| Diluted earnings per share | $2.79 | $3.32 | $2.94 |
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