Every 8-K that Andersons Inc/The (ANDE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ANDE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ANDE filings page.
The Andersons, Inc. reported higher results for the quarter ended June 30, 2026. Net income attributable to the company was $56.6 million, or $1.65 per diluted share, compared with $7.9 million and $0.23 a year earlier. Adjusted net income attributable was $73.6 million and adjusted diluted EPS $2.15. Sales and merchandising revenues were about $3.10 billion, slightly below 2025, but gross profit increased to $223.7 million. Adjusted EBITDA rose from $65.2 million to $140.3 million.
Renewables delivered a record second quarter with pretax income of $65 million, adjusted pretax income of $88 million, and adjusted EBITDA of $103 million, supported by record production, strong merchandising and $24 million of 45Z producer tax credits. Agribusiness generated pretax and adjusted pretax income of $20 million and adjusted EBITDA of $53 million, helped by stronger fertilizer margins and improved merchandising.
Cash provided by operating activities increased to $488 million, while cash from operations before working capital changes was $113 million. Capital spending totaled $76 million on facilities and strategic growth projects. The income tax expense was $13 million, an effective rate of 20%, and management expects a full-year adjusted effective rate of approximately 14%–18%.
The Andersons, Inc. filed an update stating that its Board of Directors has elected David R. Heppner as a new director, effective June 18, 2026, with an initial term running until the company’s 2027 Annual Meeting of Stockholders or earlier resignation or removal. Heppner, currently chief strategy officer and senior vice president, business development at Marathon Petroleum Corporation, will be compensated in the same way as other non-employee directors, consistent with the company’s March 11, 2026 proxy disclosure. The filing notes that there is no arrangement or understanding with other persons leading to his selection and that he has no material interest in related-party transactions under Item 404(a) of Regulation S-K. He will enter into the company’s standard director indemnification agreement, which protects directors against certain losses and expenses related to their board service.
The Andersons, Inc. reported results of its Annual Meeting of Shareholders held on May 7, 2026. Shareholders elected nine directors to serve until the next annual meeting, including William E. Krueger, Patrick E. Bowe and others, with each nominee receiving strong majority support.
Investors also approved an advisory resolution on executive compensation, with 27,944,129 votes in favor. In addition, a management proposal to ratify Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026 received 31,286,436 votes in favor, confirming continued auditor engagement.
The Andersons, Inc. reported record first quarter 2026 results, with net income attributable to the company of $33.2 million and diluted EPS of $0.97, up sharply from $0.01 a year earlier. Adjusted net income was $38.2 million, or $1.12 per diluted share.
Adjusted EBITDA rose to $91.5 million from $57.3 million, driven by strong performance in Renewables and a turnaround in Agribusiness. Renewables delivered pretax income of $39.6 million, supported by record production and $26 million of 45Z producer tax credits. Agribusiness posted pretax income of $7.4 million and adjusted pretax income of $17.9 million, versus a pretax loss in 2025.
Operating cash flow was negative $393.7 million, reflecting large working capital swings common in merchandising businesses, while cash from operations before working capital changes was $68.1 million. Short-term debt increased to $716.5 million, but management highlighted that long-term debt to EBITDA remains below its target of 2.5 times.
The Andersons, Inc. amended its main credit agreement on March 20, 2026, reducing the revolving credit facility from $1.55 billion to $1.30 billion while extending the revolver’s maturity to March 20, 2031. The company also extended the maturity of its existing $114.3 million term loan to the same 2031 date.
In addition, a $170.1 million term loan under the credit agreement was combined with a separate $86.3 million Farm Credit Mid-America term loan into a single consolidated $256.4 million loan maturing on March 20, 2034. Borrowings will continue to bear interest at variable SOFR-based rates plus an applicable spread, so interest costs will move with short-term market rates.
The Andersons, Inc. reported a record fourth quarter for 2025, with net income attributable to the company of $67.4 million, up from $45.1 million a year earlier, and diluted EPS of $1.97. Adjusted net income was $70.0 million, or $2.04 per diluted share, also a company record. Adjusted EBITDA for the quarter rose to $136.5 million from $116.5 million.
Full-year 2025 results were softer: net income attributable to the company declined to $95.7 million from $114.0 million and adjusted net income to $111.0 million from $116.7 million, while sales and merchandising revenues slipped to $11.0 billion. Renewables posted strong momentum, with fourth quarter pretax income of $54.3 million and adjusted EBITDA of $203.1 million for the year, helped by record production and $35 million of 45Z tax credits. Agribusiness delivered solid Q4 pretax income of $46.0 million on a record corn harvest but full-year adjusted EBITDA fell to $186.7 million. The company generated $177.0 million in cash from operating activities in 2025 and ended the year with a long-term debt to adjusted EBITDA ratio of 1.8x, below its target of less than 2.5x, after significant capital investments and a $425.0 million purchase of a noncontrolling interest.
The Andersons, Inc. (ANDE) filed an 8-K announcing its third quarter 2025 earnings. The company issued a press release detailing results, which is attached as Exhibit 99.1 and incorporated by reference. This filing is an administrative notice directing readers to the accompanying earnings release for full financial and operational information.
The Andersons, Inc. filed an 8-K/A to add narrative pro forma details tied to its completed purchase of the remaining 49.9% of The Andersons Marathon Holdings (TAMH) from Marathon for $425.0 million, inclusive of $40.0 million working capital. The deal closed on July 31, 2025.
Assuming a January 1, 2024 closing, pro forma net income attributable to controlling interests would have been $140.0 million after $30.7 million of financing cost adjustments, with pro forma EPS up $0.76 to $4.11 basic and $4.08 diluted. For the six months ended June 30, 2025, pro forma net income attributable to controlling interests would have been $15.6 million after a $9.9 million financing adjustment, with pro forma EPS up $0.22 to $0.46.
If reflected on June 30, 2025, the pro forma balance sheet shows cash down $351.0 million, short‑term debt up $74.0 million, and shareholders’ equity reduced by $425.0 million (reducing noncontrolling interest by $203.6 million and additional paid‑in capital by $221.4 million), resulting in total assets of $3,095.5 million, liabilities of $1,910.0 million, and equity of $1,185.5 million.
The Andersons, Inc. reported that its Board of Directors elected Steven Oakland as a new director on August 21, 2025. His initial term will run until the company’s 2026 Annual Meeting of Stockholders, unless he resigns or is removed earlier.
Oakland will receive the same compensation as the company’s other non-employee directors, consistent with the compensation program described in the March 12, 2025 proxy statement. The company states there is no arrangement with any other person behind his selection and that he has no material interest in related-party transactions requiring disclosure. He will enter into the company’s standard director indemnification agreement.