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Year ended Dec 31, 2025 · FY2025 10-K

Bunge Global SA (BG) 10-K Summary — Year Ended Dec 31, 2025

The filing covers Bunge Global SA's annual report for the recent fiscal year. The company's financial results show a decline in quarterly revenue late in the year, while net income and operating cash flow are reported.

Key takeaway

Year ended Dec 31, 2025 · FY2025 10-K

The filing covers Bunge Global SA's annual report for the recent fiscal year. The company's financial results show a decline in quarterly revenue late in the year, while net income and operating cash flow are reported.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$16.9B

Revenue reported for the fiscal year.

Operating income

n/a

Income from operations reported for the year.

Net income

$816M

Net income reported for the year.

Operating cash flow

$844M

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Mar 31, 2025$11.6B-25.1%
Jun 30, 2025$12.8B+9.7%
Sep 30, 2025$22.2B+73.5%
Dec 31, 2025$16.9B-23.5%

Business overview

The company's operations are exposed to fluctuations in agricultural commodity prices, transportation costs, energy prices, interest rates, and foreign currency exchange rates. It uses hedging transactions to manage these risks.

Financial performance

Annual revenue, net income, and operating cash flow were reported. Quarterly revenue showed significant volatility with a large increase in the third quarter followed by a decline in the fourth quarter.

Material risks

The company's access to credit markets depends on maintaining an investment-grade credit rating; a downgrade would increase borrowing costs and could impede capital access. Its hedging strategies may not fully mitigate commodity price, currency, and interest rate exposures, and risk management procedures may not prevent all potential losses.

Liquidity and capital

The company prioritizes maintaining an investment-grade credit rating to support favorable borrowing terms and access to credit markets. Capital allocation includes managing commodity price and currency risks through hedging.

What to watch

Monitor whether the company retains its investment-grade credit rating in the next period.

Bunge Global SA (BG) 10-K Summary — Year Ended Dec 31, 2025