---
schema_version: "secwatch.filing_event.v1"
accession: "0000880266-23-000048"
form_type: "8-K"
ticker: "AGCO"
cik: "0000880266"
company_name: "AGCO CORP /DE"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:48:19.851405+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# AGCO Q2 EPS $4.26 ($4.29 adj) on record sales $3.8B (+30% YoY); raises FY outlook

## Summary
- Record Q2 net sales $3.8B, up ~30% YoY; operating margin 13% (record).
- Reported EPS $4.26, adjusted $4.29 vs $2.37/$2.38 YoY.
- Raises FY2023 guidance: sales ~$14.7B, adj EPS ~$15.25.
- Paid special dividend $5.00/share; increased quarterly dividend 21% to $0.29.
- Regional sales growth: EME +35.7%, NA +34.7%, SA +15.3%, APA +8.2%.

## SEC filing metadata
- accession: 0000880266-23-000048
- form_type: 8-K
- ticker: AGCO
- cik: 0000880266
- company_name: AGCO CORP /DE
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880266/000088026623000048/0000880266-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880266/000088026623000048/agco-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000880266-23-000048
- JSON: https://secwatch.observer/filing/0000880266-23-000048.json
- Plain text: https://secwatch.observer/filing/0000880266-23-000048.txt

## Key facts
- Earnings Releases
  AGCO CORP /DE reported the second quarter ended June 30, 2023 results: revenue approximately $3.8 billion, net income $4.26 per share, EPS $4.26 per share. Guidance raised.
  - Period: the second quarter ended June 30, 2023
  - Revenue: approximately $3.8 billion
  - Net income: $4.26 per share
  - EPS: $4.26 per share
  - Guidance: raised
  - Result: reported results
  source text: Net sales for the second quarter were approximately $3.8 billion, an increase of approximately 29.8% compared to the second quarter of 2022. Excluding unfavorable foreign currency translation of approximately 0.8%, net sales in the quarter increased approximately 30.6% compared to the second quarter of 2022. Reported net income was $4.26 per share for the second quarter of 2023, and adjusted net income (1) , which excludes restructuring expenses and an update to the estimated cost of participation in a Brazilian income tax amnesty program, was $4.29 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880266/000088026623000048/0000880266-23-000048-index.htm

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