AGCO Corp (NYSE: AGCO) is an agricultural equipment company that designs, manufactures, and distributes tractors, combines, hay tools, forage equipment, planters, implements, and precision agriculture solutions to farmers worldwide. Revenue is generated through transactional equipment sales across a product portfolio spanning high-horsepower row-crop tractors (140 to 650 horsepower), utility and mid-range tractors (40 to 130 horsepower), compact tractors (under 40 horsepower), and grain harvesting combines. Tractors represented 66% of net sales in FY2025, up from 61% in FY2024 and FY2023. Combines accounted for 2% of net sales in FY2025. Hay tools, forage equipment, planters, implements, precision agriculture solutions, and other equipment together represented 11% of net sales in FY2025. The company serves small, medium, and large-scale farm operations across row crop, dairy, livestock, orchard, vineyard, and specialty agricultural industries, as well as landscaping and residential end markets through its compact tractor line.

Revenue model

Transactional equipment sales across tractors, combines, hay tools, forage equipment, planters, implements, and precision agriculture solutions. Tractors were 66% of net sales in FY2025; hay tools, forage, planters, implements, and precision ag solutions were 11%; combines were 2%.

Products and services

High-horsepower tractors (140 to 650 hp), utility/mid-range tractors (40 to 130 hp), compact tractors (under 40 hp), combines with multiple threshing technologies and crop-harvesting heads, round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, mower conditioners, planters, retrofit planting equipment, and precision agriculture solutions.

Customers and end markets

Large acreage row-crop farms, small and medium-sized farms, specialty agricultural operations including dairy, livestock, orchards, and vineyards, cattle and horse operations, renewable fuel industries, and landscaping and residential users for compact tractors.

Value-chain role

Manufacturer and distributor of agricultural equipment; sells through dealer and distribution networks to end-use farm operators.

Geographic exposure

Global operations; specific geographic revenue breakdown not supported by the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-13

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