Andersons, Inc. revenue by segment ANDE

Annual Quarterly

Andersons, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Specialty And Primary Nutrients at $815.5 million, 53% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Specialty And Primary Nutrients at $815.5 million, 53% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	1,546	1,531	11,258	1,632	17,325	2,212	1,480	1,344	899	3,686	3,925
Operating segments
Specialty And Primary Nutrients	830 +0.9% share 53.6%	815 +16.7% share 53.3%	699 share 6.2%	—	—	—	—	—	—	—	—
Premium Ingredients	250 -6.7% share 16.1%	263 -22.1% share 17.2%	338 -22.3% share 3.0%	434 share 26.6%	—	—	—	—	—	—	—
Propane And Fuels	200 -20.1% share 12.9%	242 +15.2% share 15.8%	210 +10.5% share 1.9%	190 share 11.7%	—	—	—	—	—	—	—
Segment Reporting Reconciling Item Other	268 +34.1% share 17.3%	210 +34.4% share 13.7%	156 -15.6% share 1.4%	185 share 11.4%	—	—	—	—	—	—	—
Sales mix
Specialty And Primary Nutrients	830 +0.9% share 53.6%	815 +16.7% share 53.3%	699 share 6.2%	—	—	—	—	—	—	—	—
Premium Ingredients	250 -6.7% share 16.1%	263 -22.1% share 17.2%	338 -22.3% share 3.0%	434 share 26.6%	—	—	—	—	—	—	—
Propane And Fuels	200 -20.1% share 12.9%	242 +15.2% share 15.8%	210 +10.5% share 1.9%	190 share 11.7%	—	—	—	—	—	—	—
Segment Reporting Reconciling Item Other	268 +34.1% share 17.3%	210 +34.4% share 13.7%	156 -15.6% share 1.4%	185 share 11.4%	—	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Wholesale-Farm Product Raw Materials (SIC 5150)
Listed as: ANDE (Nasdaq)
Fiscal year ends: December 31
Incorporated in: OH
Headquarters: Maumee, OH
SEC filer status: Large accelerated filer
SEC CIK: 821026
Former names: ANDERSONS INC (until Oct 16, 2014); ANDERSONS MANAGEMENT CORP (until Sep 26, 1995)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.