Global agri chemicals major ADAMA has unveiled its financial results for the fourth quarter and full year ending December 31, 2025, showing marked improvements in profitability and cash flow even as sales softened.

 

For the fourth quarter 2025, sales slipped 8% to $1,026 million, driven by an 8% drop in volumes and a 2% fall in prices. Yet the company’s cost efficiency fueled a brighter bottom line. Adjusted gross profit jumped 12% to $314 million, lifting the gross margin from 25.2% a year earlier to 30.6%.

 

Adjusted EBITDA climbed 14% to $157 million, raising the EBITDA margin to 15.3% from 12.3% in Q4 2024. The reported net loss narrowed sharply, falling by $61 million to $88 million, while adjusted net loss shrank to just $1 million from $58 million.

 

Cash flow saw a remarkable turnaround. Operating cash flow surged $111 million to $237 million, and free cash flow jumped $118 million to $156 million.

 

On full Year 2025, annual sales edged down 2% to $4,051 million amid stable volumes and slightly lower prices. Adjusted gross profit rose 12% to $1,192 million, pushing the full-year gross margin to 29.4% from 25.6% in 2024.

 

ADAMA’s adjusted EBITDA surged 25% to $587 million, boosting the margin to 14.5% from 11.3%. The reported net loss narrowed dramatically to $147 million from $407 million, and adjusted net income turned positive at $28 million, a sharp turnaround from a $206 million loss in 2024.

 

“ADAMA delivered strong profitability improvements and robust cash flow growth in 2025, despite the challenging sales environment,” the company said. Operating cash flow for the year rose $39 million to $567 million, while free cash flow increased $51 million to $269 million.

 

Gaël Hili, President and CEO of ADAMA, said, "ADAMA's 2025 financial results show important improvements in key financial metrics including continued growth in EBITDA and its margin; increased cash generation; significantly reduced reported net loss; and an adjusted net profit. 

 

"These encouraging successes reflect the strong foundation we have built over the past two years through our Fight Forward transformation plan, where we focused on  improving cost competitiveness, enhancing our commercial capabilities, and advancing our innovation portfolio and pipeline."

 

"This foundation is now a healthy base on which to build profitable growth. ADAMA is committed to maintaining the discipline and continuous improvement mindset that we built through Fight Forward. I am confident that ADAMA's continued execution will deliver greater long–term value for our customers and investors," Hili concluded.