The American Bunge achieved a net profit of US$95 million in the fourth quarter of 2025, a drop of 84.2% compared to the same period in 2024. In the year to date, profit totaled US$816 million, 28.2% less than the US$1.137 billion recorded in 2024.
Earnings per share fell from US$7.99 to US$4.93 in the period.
Earnings before interest and taxes (Ebit) for the fourth quarter were US$264 million, a 65.6% drop compared to the previous year. In total in 2025, Ebit fell 14.5%, from US$ 1.792 billion to US$ 1.533 billion.
During the year, Bunge completed the merger with Canadian Viterra, announced in 2023 and finalized in July 2025 after regulatory approvals. The union combines Bunge’s processing with grain logistics from Canadian trading company Viterra, creating a global company with combined annual revenue estimated at between US$100 billion and US$110 billion. According to the company, the merger expanded processing capacity and geographic presence, and was the highlight of the year.
However, Bunge CEO Greg Heckman highlighted in a statement that in the year 2025, “at the same time, we successfully navigate evolving markets and geopolitical uncertainties”.
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In the soybean segment, the processed volume grew 11.4%, from 36.8 million tons in 2024 to 41 million tons in 2025. Net sales in the segment reached US$ 11.04 billion, compared to US$ 8.37 billion in the previous year. Year-to-date, sales in the segment rose from US$31.9 billion to US$36.3 billion.
The company attributed the “slightly higher segment results driven primarily by South America, reflecting improved processing and refining results in Argentina and Brazil.”
Projections
Bunge highlighted that, despite dynamic market conditions, the expansion of capabilities and geographic diversification should allow the company to adapt to global risks and demands.
For 2026, Bunge projects adjusted earnings per share between US$7.50 and US$8.00. The company estimates an adjusted annual effective tax rate of between 23% and 27%, investments of US$1.5 billion to US$1.7 billion and depreciation and amortization of approximately US$975 million.
The company will release more details about its long-term vision and capital allocation priorities during Investor Day, scheduled for March 10.
