---
schema_version: "secwatch.filing_event.v1"
accession: "0000880266-23-000034"
form_type: "8-K"
ticker: "AGCO"
cik: "0000880266"
company_name: "AGCO CORP /DE"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:22:51.925925+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AGCO Q1 record sales $3.3B (+24% YoY), adjusted EPS $3.51, raises FY outlook, declares $5 special dividend

## Summary
- Record net sales of $3.3B (+24.1% YoY, +29.6% constant currency); record operating margin 11.6%.
- Adjusted EPS $3.51 vs $2.39 YoY; reported EPS $3.10; all regions except APA grew constant-currency sales.
- North America +32.4% constant-currency; South America +42.2%; EME +30.3%; APA -3.6%.
- Raised 2023 guidance: net sales ~$14.5B, EPS ~$14.40; declared $5/share special variable dividend.
- Quarterly dividend raised 21% to $0.29 per share, payable in June 2023.

## SEC filing metadata
- accession: 0000880266-23-000034
- form_type: 8-K
- ticker: AGCO
- cik: 0000880266
- company_name: AGCO CORP /DE
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880266/000088026623000034/0000880266-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880266/000088026623000034/agco-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000880266-23-000034
- JSON: https://secwatch.observer/filing/0000880266-23-000034.json
- Plain text: https://secwatch.observer/filing/0000880266-23-000034.txt

## Key facts
- Earnings Releases
  AGCO CORP /DE reported first quarter ended March 31, 2023 results: revenue approximately $3.3 billion, EPS $3.10 per share. Guidance raised.
  - Period: first quarter ended March 31, 2023
  - Revenue: approximately $3.3 billion
  - EPS: $3.10 per share
  - Guidance: raised
  - Result: reported results
  source text: Net sales for the first quarter were approximately $3.3 billion, an increase of approximately 24.1% compared to the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880266/000088026623000034/0000880266-23-000034-index.htm

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