CHS Inc reported third-quarter fiscal 2026 results with revenue of $11.58B, up from $9.77B a year earlier, and net income attributable to CHS Inc. of $267.37M, versus $232.18M in the prior-year quarter.
Financial Highlights
- Revenue: $11.58B for 3Q FY2026, compared with $9.77B in the year-ago quarter; YoY change 18.6%.
- Net income: $267.37M attributable to CHS Inc. for 3Q FY2026, compared with $232.18M in the year-ago quarter; YoY change 15.2%.
- Diluted earnings per share: Not reported for the quarter in Part I Items 1–2, omitted.
Business Highlights
- Revenue growth was driven primarily by the Energy segment, which rose 72.7% in the quarter, while Grains and Agronomy showed modest increases.
- Channel and mix shifts included higher bulk refined fuels and propane volumes; agronomy volumes declined on weaker U.S. farm demand.
- Stronger refined fuels crack spreads and favorable Western Canadian Select discounts supported refinery margins and Cenex® product performance.
- Operationally, major refinery maintenance cycles were completed or ongoing (including a partial turnaround at Laurel), improving reliability and throughput.
- Management flagged elevated RINs costs from the EPA RVO and volatile commodity markets as risks that could drive margin volatility into FY2027.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.