---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-25-000104"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T15:41:10.958378+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# The Andersons reports Q1 net income $0.3M, adj. EPS $0.12; Renewables strong, Agribusiness weak

## Summary
- Net income attributable to company $0.3M ($0.01 diluted EPS); adjusted net income $4M ($0.12 adjusted EPS).
- Adjusted EBITDA $57M vs $51M in Q1 2024.
- Renewables segment pretax income attributable $15M, one of best first quarters; ethanol plants strong.
- Agribusiness recorded pretax loss $10M; breakeven on adjusted basis due to trade uncertainty and just-in-time buying.
- Management sees opportunities in spring planting and expects demand for ethanol; capital projects to complete by mid-2026.

## SEC filing metadata
- accession: 0000821026-25-000104
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102625000104/0000821026-25-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102625000104/ande-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-25-000104
- JSON: https://secwatch.observer/filing/0000821026-25-000104.json
- Plain text: https://secwatch.observer/filing/0000821026-25-000104.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.