CHS Inc. reported a larger quarterly loss as margins tightened across its cooperative agribusiness. For the three months ended February 28, 2026, revenues were $8,353,791,000, up modestly from $7,796,191,000, but net loss attributable to CHS widened to $147,052,000 from $75,754,000.
Gross profit for the quarter dropped to $25,818,000 from $76,315,000, and operating loss deepened to $241,791,000, reflecting higher cost of goods sold and increased marketing, general and administrative expenses. Interest expense also rose sharply to $43,757,000, driven by higher debt levels and rates.
For the six months, revenues were essentially flat at $17,217,895,000 versus $17,090,303,000, while net income attributable to CHS declined to $113,431,000 from $169,036,000. Cash flow from operating activities remained negative at $(906,831,000), though improved versus the prior year’s outflow. Total assets increased to $20,908,534,000, supported by higher inventories and receivables, while notes payable and long-term debt together rose to over $4,115,000,000.
CHS Inc. declared regular quarterly dividends on five series of its preferred stock. The company set per-share dividends of $0.50 on its 8% Cumulative Redeemable Preferred Stock, $0.492188 on Class B Series 1, $0.443750 on Class B Reset Rate Series 2, $0.421875 on Class B Reset Rate Series 3, and $0.468750 on Class B Series 4, each on $25.00 per share preferred stock. These dividends are payable on June 30, 2026 to shareholders of record as of June 15, 2026, and the notice is made in line with Nasdaq Listing Rule 5250(e)(6)(ii) and SEC Rule 10b–17.
CHS Inc. announced that director Daniel Schurr resigned from its Board of Directors effective March 30, 2026, after accepting a seat on the board of Nationwide Mutual Insurance Company. He had served on the CHS Board since 2006 and was Board Chair from 2017 to December 2025.
Mr. Schurr represented Region 7, which includes Alabama, Arkansas, Florida, Georgia, Iowa, Louisiana, Mississippi, Missouri, North Carolina, South Carolina and Tennessee. A new Region 7 Director will be elected by CHS members at the 2026 CHS Annual Meeting.