Bunge Global SA reported second quarter earnings Tuesday that beat prior year results, driven by strong performances in its soybean and softseed processing operations.
The company posted adjusted earnings per share of $2.00 for the quarter, compared to $1.31 in the same period last year. On a GAAP basis, diluted earnings reached $3.47 per share, up from $2.61 in 2025.
“Our team delivered another strong quarter, navigating a complex global environment with agility, focus and disciplined execution,” said Greg Heckman, Bunge’s chief executive officer.
The improved results came as the company executed well amid better market conditions. Soybean processing and refining operations led the gains, with softseed processing and refining also contributing to the quarter’s performance.
Bunge completed its $2 billion share repurchase program related to the Viterra transaction during the quarter, buying back approximately $250 million in shares.
Based on the second quarter results and current market conditions, Bunge raised its full-year adjusted earnings outlook to a range of $9.25 to $9.75 per share, up from the previous range of $9.00 to $9.50.
The company now expects higher results from soybean processing and refining operations compared to its previous outlook. Softseed processing and refining results are expected to be slightly higher, while grain merchandising and milling results are projected lower. Tropical oils and specialty ingredients results remain unchanged.
Income tax expense for the quarter was $236 million, up from $124 million in the prior year, primarily due to higher pre-tax income. The adjusted effective tax rate for the quarter was approximately 25 percent.
For the full year, Bunge continues to expect capital expenditures between $1.5 billion and $1.7 billion, with depreciation and amortization of approximately $975 million.
