Direct Answer
Archer Daniels Midland reports revenue across 3 business segments in its fiscal 2025 Form 10-K. Ag Services and Oilseeds is the largest, with $61.6 billion of revenue (77% of the total), followed by Carbohydrate Solutions at $10.7 billion (13%).
How Does Archer Daniels Midland Make Money?
Ag Services and Oilseeds supplies 77% of revenue, so Archer Daniels Midland's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Nutrition grew fastest (+2.2%) and Ag Services and Oilseeds slowest (-7.4%), so the revenue mix tilts toward Nutrition while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Ag Services and Oilseeds | $61.6 billion | $66.5 billion | 76.7% | -7.4% |
| Carbohydrate Solutions | $10.7 billion | $11.2 billion | 13.4% | -4.4% |
| Nutrition | $7.5 billion | $7.3 billion | 9.4% | 2.2% |
What the Segment Figures Do Not Show
The rows above add up to 99% of Archer Daniels Midland's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Archer Daniels Midland reported in the segment note and revenue disclosures of its Form 10-K filed February 17, 2026 (accession 0000007084-26-000011), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Archer Daniels Midland's business segments?
In its fiscal 2025 Form 10-K, Archer Daniels Midland reports revenue for Ag Services and Oilseeds, Carbohydrate Solutions and Nutrition.
Which part of Archer Daniels Midland brings in the most revenue?
Ag Services and Oilseeds, with $61.6 billion of revenue in fiscal 2025, or 77% of the total.
Where does Archer Daniels Midland report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 17, 2026, alongside management's discussion of each segment's results.