AGCO Corporation has released its second-quarter results, reporting net sales of $2.6 billion, a decrease of 18.8% compared to the same period in 2024. The reduction in sales was primarily driven by lower demand and production volumes, particularly in Australia, China, and Japan. The second quarter of 2024 had included other revenue of $290.5 million from the divestiture of the majority of AGCO's Grain & Protein business. Reported net income for the quarter was $4.22 per share, with adjusted net income at $1.35 per share. This contrasts with the previous year's second-quarter reported net loss of $(4.92) per share and adjusted net income of $2.53 per share. AGCO has also updated its outlook for the full year 2025, anticipating net sales of approximately $9.8 billion and adjusted operating margins of about 7.5%. The company expects full-year earnings per share to range between $4.75 and $5.00, factoring in current tariff impacts and mitigation strategies. Despite the challenging global agricultural environment, AGCO remains focused on cost controls and stable engineering expenses to partially offset lower production volumes.