Bunge Global (NYSE:BG) reported a sharp decline in full-year and fourth-quarter net income, even as the agricultural commodities trader pointed to improved operating results across its business segments to close out 2025.
The St. Louis-based company said Wednesday that full-year earnings per share on a generally accepted accounting principles (GAAP) basis fell to $4.93, down significantly from $7.99 a year earlier.
Adjusted earnings, which exclude certain gains, charges, and mark-to-market timing differences, were $7.57 a share, compared with $9.19 in the prior year.
For the fourth quarter, GAAP diluted earnings per share plunged to 49 cents from $4.36 in the same period a year ago.
On an adjusted basis, fourth-quarter earnings were $1.99 a share, down slightly from $2.13.
Despite the headline earnings drop, Chief Executive Officer Greg Heckman highlighted the company’s operational resilience.
Bunge reported higher adjusted earnings before interest and taxes (EBIT) in all segments during the fourth quarter, attributing the performance to "disciplined execution" and benefits from its expanded global footprint.
"2025 was a year of significant achievement that strengthened the company," management said in the statement, signaling confidence in the structural improvements made to the business despite the softer bottom-line figures compared to the boom years of the recent past.