---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-25-000199"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:47:01.995578+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Andersons Q3 adjusted EPS $0.84 vs $0.72; Renewables pretax income soars on ethanol acquisition and 45Z credits

## Summary
- Q3 net income $20M ($0.59 diluted EPS); adjusted net income $29M ($0.84 adjusted EPS).
- Adjusted EBITDA $78M; Renewables segment pretax income $43M on strong ops and 45Z tax credits.
- Completed ethanol plant acquisition end of July; now 100% ownership for Aug/Sept.
- Port of Houston soybean meal export project on track for mid-2026; Investor Day Dec 9.
- Cash from ops $234M; capital spend $67M; debt/EBITDA below 2.5x target.

## SEC filing metadata
- accession: 0000821026-25-000199
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102625000199/0000821026-25-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102625000199/ande-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-25-000199
- JSON: https://secwatch.observer/filing/0000821026-25-000199.json
- Plain text: https://secwatch.observer/filing/0000821026-25-000199.txt

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