Bunge 2025 Q2 Earnings Strong Performance as Net Income Surges 406.8%

Bunge Global (BG) reported its fiscal 2025 Q2 earnings on August 6, 2025. The company exceeded expectations with a dramatic rise in earnings, maintaining its full-year adjusted EPS guidance at $7.75.

Despite a 3.6% decline in total revenue to $12.77 billion in Q2 2025 compared to $13.24 billion in the prior-year period, Bunge’s Agribusiness segment remained a strong performer. The Agribusiness unit reported $9.17 billion in revenue, driven by processing results in South America. Refined and Specialty Oils generated $3.18 billion in revenue, while the Milling segment contributed $409 million and Corporate and Other added $16 million. The results reflect the company's ongoing shift toward integrated global value chains.

Bunge's earnings surged significantly, with net income rising to $370 million in Q2 2025, a 406.8% increase from $73 million in the prior year. Earnings per share (EPS) also soared to $2.63, up 436.7% from $0.49 in 2024 Q2, highlighting the company’s strong profitability. The substantial EPS growth indicates a highly positive earnings performance.

Following the report, Bunge’s stock price showed a positive response, with a 1.49% rise on the latest trading day and a 7.95% increase for the week. Month-to-date, the stock rose 5.06%. The post-earnings strategy of buying BG when revenue beats has historically yielded strong returns, delivering a 120.42% return over 30 days, significantly outperforming the 85.42% benchmark. This strategy posted a 35.00% excess return and a 17.26% CAGR, with a Sharpe ratio of 0.62 and a maximum drawdown of 0.00%, underscoring its strong risk-adjusted returns and potential for investors seeking both growth and stability.

Bunge’s CEO, Peter Boehler, highlighted the company’s strong processing results in South America, particularly in soybean crops, and noted the successful integration of Viterra, which has positioned Bunge as a premier agribusiness solutions company. Boehler acknowledged challenges in Europe and North America and uncertainty in the U.S. biofuel market but emphasized durable synergies from the Viterra merger and an improved risk profile reflected in the S&P credit rating upgrade to A–. The tone was cautiously optimistic, balancing near-term challenges with strategic progress and long-term value creation.

Bunge maintained its full-year adjusted EPS outlook at approximately $7.75, excluding the second-half earnings from the sold corn milling business. The company is focused on capturing cost savings and commercial opportunities post-Viterra merger, with Q3 2025 analyst consensus EPS at $1.68. A forecast for the combined company will be released before the third-quarter earnings report.

In related news, Bunge completed the merger with Viterra, creating a premier global agribusiness solutions company, with integration efforts well underway. The company also finalized the sale of its U.S. corn milling business, further aligning its portfolio with global value chains. The merger and divestiture are part of Bunge’s strategic shift toward a more integrated and scalable business model, emphasizing sustainability and digital transformation. Bunge CEO Greg Heckman emphasized the transformative nature of the Viterra combination and the progress made on strategic priorities, noting the company is now better positioned to meet evolving customer needs and deliver value across its global operations.