Bunge reports strong Q2 2026 financial results lifted by soybean, softseed processing businesses
The stronger performance was driven primarily by robust results in its Soybean and Softseed Processing and Refining segments, supported by improved market conditions and an expanded global platform following the Viterra integration.
USA – Bunge Global SA released its second-quarter 2026 financial results, reporting a sharp year-on-year increase in profitability driven by robust performances in its soybean and softseed processing businesses, solid execution across its global operations, and improving market conditions.
The company posted net income attributable to Bunge of US$678 million, or US$3.47 per GAAP diluted share, compared to US$354 million, or US$2.61 per share, in the second quarter of 2025.
On an adjusted basis, diluted earnings per share reached US$2.00, beating Wall Street consensus estimates of US$1.95 and up significantly from US$1.31 in the prior-year period.
Total net sales for the quarter expanded to US$24.04 billion, compared to market forecasts of US$23.38 billion, reflecting an expanded commercial footprint following the integration of Viterra.
Total segment adjusted EBIT reached US$796 million, more than doubling the US$373 million generated in Q2 2025.
The surge was primarily anchored by exceptional growth in Softseed Processing and Refining, which generated US$255 million in adjusted segment EBIT compared to US$14 million in the same period last year, benefiting from improved oilseed margins and higher processing volumes in North America, Canada, and Europe.
The core Soybean Processing and Refining division delivered an adjusted segment EBIT of US$445 million, up from US$304 million in Q2 2025, buoyed by stronger processing performance in North America and Argentina.
Higher processing volumes were largely driven by expanded crush capacity in South America.
Meanwhile, Grain Merchandising and Milling posted US$67 million in adjusted segment EBIT, up from US$29 million a year earlier, as expanded originations and ocean freight activities offset lower global grain merchandising margins.
During the quarter, Bunge repurchased approximately US$250 million in common stock, successfully completing its US$2 billion share repurchase commitment established in connection with the landmark Viterra transaction.
Chief Executive Officer Greg Heckman noted that the results demonstrate the agility and resilience of the company’s expanded value chain, which provided critical balance across key origin and destination markets amid shifting global trade flows.
Supported by strong operational momentum and forward margin visibility, Bunge raised its full-year 2026 adjusted EPS guidance range to US$9.25–US$9.75, up from its previous target of US$9.00–US$9.50.
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