Bioceres Crop Solutions Reports Fiscal Fourth Quarter and Full-Year 2026 Financial and Operating Results

Financial Results

Bioceres Crop Solutions Reports Fiscal Fourth Quarter and Full-Year 2026 Financial and Operating Results

Total revenues were $55.9 million in 4Q26 and $238.3 million in FY26

ROSARIO, Argentina | September 14, 2026

ROSARIO, Argentina–(BUSINESS WIRE)– Bioceres Crop Solutions Corp. (Bioceres) (NASDAQ: BIOX), a leader in the development and commercialization of productivity solutions designed to regenerate agricultural ecosystems while making crops more resilient to climate change, announced financial results for the fiscal fourth quarter ended June 30, 2026. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards. All comparisons in this announcement are year-over-year (YoY), unless otherwise noted.

Presentation of Results

In January 2026, the Company’s Pro Farm Group (PFG) business was subject to a foreclosure auction. For accounting purposes, PFG has been classified as discontinued operations. The Company disputes the acceleration of the relevant notes and the foreclosure process, which remain subject to ongoing legal proceedings. Accordingly, unless otherwise indicated, the financial results discussed below reflect the Company’s continuing operations for all periods presented, and prior-year amounts have been recast to exclude the PFG business.

Financial & Business Highlights

  • Revenues were $55.9 million in 4Q26, broadly stable year-over-year, as 36% growth in Crop Nutrition offset lower Crop Protection revenues and the impact of the Seeds business reconfiguration. FY26 revenues were $238.3 million, down 18%, with approximately half of the decline attributable to the now substantially completed reconfiguration of the Seeds business and the associated reduction in HB4-related activities.
  • Gross profit was $12.7 million in 4Q26, compared to $13.6 million in 4Q25, including a $4.0 million non-recurring inventory adjustment arising from an updated assessment of inventory obsolescence. The impact of this adjustment masked improved performance across several core product categories during the quarter. For FY26, gross profit was $82.9 million, down 21%, with improved performance in several core product categories offset by lower contribution from inoculants and higher inventory obsolescence charges.
  • SG&A expenses declined by $4.9 million in 4Q26, a 19% year over year reduction, and $22.5 million in FY26 — representing a 24% reduction versus the previous fiscal year. These reductions reflect the cumulative impact of the cost actions implemented during the year.
  • Net loss from continuing operations improved to $31.8 million in 4Q26 from $54.4 million in 4Q25, while Adjusted EBITDA improved $10.1 million from negative $9.6 million to positive $0.6 million, mainly supported by the materially lower operating expense base. For FY26, net loss from continuing operations was $54.4 million compared to $49.1 million in FY25, while Adjusted EBITDA was $25.5 million compared to $28.9 million.

Management Review

Fiscal 2026 was a challenging year for Bioceres, marked by the ongoing litigation with certain of our creditors and the resulting business consequences, as we have discussed in our previous reports. Against that backdrop, our priorities have been to focus the business on our core capabilities, reduce our cost structure and strengthen operating discipline. Fourth-quarter results provide encouraging evidence of progress. Revenues from continuing operations were broadly stable year-over-year, with improved performance across several of our core product categories. At the same time, the cost actions implemented throughout the year resulted in a materially lower expense base, allowing us to return to positive Adjusted EBITDA.

We have now substantially completed the nearly two-year reconfiguration of our Seed business and concluded an external strategic assessment of our continuing operations. That work has provided a clear roadmap for the next phase of the business, including rationalizing our portfolio and go-to market channels, revisiting some of our commercial policies and strategic relationships and re-aligning our R&D&R investments with defined financial objectives, while continuing to explore further efficiencies on the OPEX front.

These actions are also beginning to translate into improved portfolio profitability, although the benefits are not yet fully reflected in reported gross margin as we work through the portfolio and commercial transitions described above. The performance of several of our core product categories gives us confidence in the direction of these initiatives and their potential to support stronger and more consistent profitability.

As we enter fiscal 2027, our focus remains on improving the performance and cash generation of our continuing businesses, maintaining cost and working-capital discipline, and actively addressing the Company’s capital structure and liquidity position. We believe the actions taken during fiscal 2026 have established a more focused operating base from which to move forward.

— Federico Trucco, Chief Executive Officer

Key Financial Metrics

Table 1: 4Q26 & FY26 Key Financial Metrics (In millions of U.S. dollars)

Revenue by Segment 4Q25 4Q26 % Change FY25 FY26 % Change
Crop Protection 29.8 27.7 -7% 147.1 123.7 -16%
Seed and Integrated Products 8.4 4.8 -43% 63.9 37.7 -41%
Crop Nutrition 17.3 23.5 36% 78.5 77.0 -2%
Total Revenue 55.4 55.9 1% 289.4 238.3 -18%
Gross Profit 13.6 12.7 -6% 105.0 82.9 -21%
Gross Margin 24.6% 22.8% -178 bps 36.3% 34.8% -151 bps
Operating Expenses 28.5 23.9 16% 103.2 82.3 20%
GAAP Net (Loss) (54.4) (31.8) 42% (49.1) (54.4) -11%
Adjusted EBITDA (9.6) 0.6 106% 28.9 25.5 -12%

Unaudited Consolidated Statement of Comprehensive Income

(Figures in millions of U.S. dollars)

Metric Fiscal Year Ended 06/30/2026 Fiscal Year Ended 06/30/2025 3-Months Ended 06/30/2026 3-Months Ended 06/30/2025
Revenues from contracts with customers 237.8 287.7 57.0 55.2
Cost of sales (155.4) (184.4) (43.2) (41.8)
Gross profit 82.9 105.0 12.7 13.6
Operating expenses (82.3) (103.2) (23.9) (28.5)
Operating (loss) / profit (0.2) 6.6 (9.6) (17.4)
Financial result (50.9) (53.1) (20.3) (30.6)
Loss before income tax (51.0) (46.5) (30.0) (47.9)
Net loss (54.4) (49.1) (31.8) (54.4)
(Loss)/Income from discontinued operations (179.4) (9.7) 1.3 2.7
Total comprehensive income/(loss) (231.4) (59.6) (27.7) (51.7)

Unaudited Consolidated Statement of Financial Position

(Figures in millions of U.S. dollars)

Assets & Liabilities 30/06/2026 30/06/2025
ASSETS
Total current assets 215.2 308.3
Total non-current assets 256.1 455.3
Total assets 471.3 763.6
LIABILITIES
Total current liabilities 267.0 338.0
Total non-current liabilities 140.2 130.4
Total liabilities 407.2 468.4
EQUITY
Equity attributable to owners of the parent 39.1 265.4
Non-controlling interest 25.0 29.8
Total equity 64.1 295.2

Earnings Conference Call Details

Management will host a conference call and question-and-answer session on Tuesday, September 15, 2026 at 8:30 a.m. EDT / 5:30 a.m. PDT.

  • US Toll Free dial-in: 1-833-461-5787
  • Meeting ID: 858 577 061

About Bioceres Crop Solutions Corp.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) is a leader in the development and commercialization of productivity solutions designed to regenerate agricultural ecosystems while making crops more resilient to climate change. To do this, Bioceres’ solutions create economic incentives for farmers and other stakeholders to adopt environmentally friendlier production practices. The company has a unique biotech platform with high-impact, patented technologies for seeds and microbial ag-inputs, as well as next generation Crop Nutrition and Protection solutions.

Forward-Looking Statements: This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include estimated financial data, and any such forward-looking statements involve risks, assumptions and uncertainties.

© 2026 Bioceres Crop Solutions Corp. | Investor Relations

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