---
schema_version: "secwatch.filing_event.v1"
accession: "0000823277-23-000038"
form_type: "8-K"
ticker: "CHSCP"
cik: "0000823277"
company_name: "CHS INC"
filed_at: "2023-07-13T23:59:59+00:00"
generated_at: "2026-06-13T09:13:10.879763+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CHS Q3 net income $547.5M, down 5% from record year-ago; nine-month net income up 30% to $1.6B

## Summary
- Net income of $547.5M for Q3 FY2023, compared to $576.6M in Q3 FY2022.
- Nine-month net income rose 30% to $1.6B, with revenues of $36.1B (FY2022: $34.4B).
- Energy segment pretax earnings $199M (+$35.8M) on strong refining margins; Ag pretax $233.5M (-$40.2M) on agronomy price decreases.
- Nitrogen Production pretax $56.3M (-$121.9M) on lower urea/UAN market prices; Corporate & Other $69.3M (+$45.8M) on Ventura Foods and interest income.
- CEO Jay Debertin cited strong consumer demand for energy and oilseed products; no guidance update provided.

## SEC filing metadata
- accession: 0000823277-23-000038
- form_type: 8-K
- ticker: CHSCP
- cik: 0000823277
- company_name: CHS INC
- filed_at: 2023-07-13T23:59:59+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/823277/000082327723000038/0000823277-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823277/000082327723000038/chscp-20230713.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000823277-23-000038
- JSON: https://secwatch.observer/filing/0000823277-23-000038.json
- Plain text: https://secwatch.observer/filing/0000823277-23-000038.txt

## Key facts
- Earnings Releases
  CHS INC reported its third quarter ended May 31, 2023 results: net income $547.5 million.
  - Period: its third quarter ended May 31, 2023
  - Net income: $547.5 million
  - Result: reported results
  source text: CHS Inc., the nation's leading agribusiness cooperative, today released results for its third quarter ended May 31, 2023. The company reported quarterly net income of $547.5 million compared to a record third quarter net income of $576.6 million in fiscal year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/823277/000082327723000038/0000823277-23-000038-index.htm

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