--- title: "Bunge Global: Business Model" description: "Bunge Global revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained." canonical: https://www.getswoopr.com/stocks/companies/bunge-global/business-model/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Bunge Global: Business Model & Revenue Engine ## Direct Answer Bunge Global reports revenue across 4 business segments in its fiscal 2025 Form 10-K. Soybean Processing and Refining is the largest, with $36.3 billion of revenue (52% of the total), followed by Grain Merchandising and Milling at $18.1 billion (26%). 22% of revenue came from the United States. ## How Does Bunge Global Make Money? No single line supplies a majority of revenue: the largest, Soybean Processing and Refining, is 52%, which spreads Bunge Global's exposure across several demand drivers. Between fiscal 2024 and 2025, Grain Merchandising and Milling grew fastest (+80.0%) and Other Oilseeds Processing and Refining slowest (+11.6%), so the revenue mix tilts toward Grain Merchandising and Milling while that gap lasts. | Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | Soybean Processing and Refining | $36.3 billion | $31.9 billion | 51.6% | 13.7% | | Grain Merchandising and Milling | $18.1 billion | $10.1 billion | 25.8% | 80.0% | | Softseed Processing and Refining | $11.3 billion | $7.0 billion | 16.0% | 61.9% | | Other Oilseeds Processing and Refining | $4.6 billion | $4.2 billion | 6.6% | 11.6% | ![Bar chart of Bunge Global revenue by segment for fiscal 2025: Soybean Processing and Refining 51.6%, Grain Merchandising and Milling 25.8%, Softseed Processing and Refining 16.0%, Other Oilseeds Processing and Refining 6.6%.](https://www.getswoopr.com/images/charts/bunge-global-business-model-segment-mix.webp) *Bunge Global revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.* ## What Does Bunge Global Sell? Bunge Global also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business. | Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | Soybean Processing and Refining | $36.3 billion | $31.9 billion | 51.6% | 13.7% | | Grain Merchandising | $16.6 billion | $8.5 billion | 23.6% | 94.7% | | Softseed Processing and Refining | $11.3 billion | $7.0 billion | 16.0% | 61.9% | | Other Oilseeds Processing and Refining | $4.6 billion | $4.2 billion | 6.6% | 11.6% | | Milling Products | $1.5 billion | $1.6 billion | 2.2% | -0.6% | | Other Products | $3 million | $3 million | 0.0% | 0.0% | ## Where Does Bunge Global's Revenue Come From? Regions follow the definitions in the filing; most companies assign revenue by customer location. | Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change | | --- | --- | --- | --- | --- | | Segment Geographical Groups of Countries Group Three | $30.5 billion | $23.3 billion | 43.3% | 30.6% | | United States | $15.6 billion | $14.2 billion | 22.2% | 10.2% | | Switzerland | $15.6 billion | $14.3 billion | 22.2% | 9.5% | | Netherlands | $8.6 billion | $1.3 billion | 12.2% | 548.5% | ## What the Segment Figures Do Not Show The rows above add up to 100% of Bunge Global'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 Bunge Global reported in the segment note and revenue disclosures of its Form 10-K filed February 19, 2026 (accession 0001628280-26-009842), 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 Bunge Global's business segments? In its fiscal 2025 Form 10-K, Bunge Global reports revenue for Soybean Processing and Refining, Grain Merchandising and Milling, Softseed Processing and Refining and Other Oilseeds Processing and Refining. ### Which part of Bunge Global brings in the most revenue? Soybean Processing and Refining, with $36.3 billion of revenue in fiscal 2025, or 52% of the total. ### How much of Bunge Global's revenue comes from outside the United States? 78% in fiscal 2025, by the geographic breakdown Bunge Global reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies. ## References - [SEC EDGAR: Bunge Global SA Form 10-K filed February 19, 2026](https://www.sec.gov/Archives/edgar/data/1996862/000162828026009842/bg-20251231.htm) - [SEC EDGAR: Bunge Global SA annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1996862&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) - [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets) ## Related Pages - [Bunge Global company dossier](https://www.getswoopr.com/stocks/companies/bunge-global/) - [Bunge Global financial metrics](https://www.getswoopr.com/stocks/companies/bunge-global/metrics/) - [Bunge Global financial risk indicators](https://www.getswoopr.com/stocks/companies/bunge-global/risks/) - [Bunge Global peer comparison](https://www.getswoopr.com/stocks/companies/bunge-global/competitors/) - [Bunge Global business model and revenue mix](https://www.getswoopr.com/stocks/companies/bunge-global/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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