AGCO — what changed in the latest 10-Q
A section-by-section comparison of AGCO's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-29 vs the prior 10-Q · 2026-07-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +25 | −23 | ~44 | 36 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-29
Engineering expenses remained relatively consistent during the three months ended September 30, 2026 and increased during the nine months ended September 30, 2026 driven by an increase in product innovation and other technology investments.
In October 2026, the Company repaid €52.5 million (or approximately $58.9 million) upon maturity of the Senior term loans due 2026.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
(a) Includes intercompany revenues generated from non-guarantor subsidiaries of $3,570.6 million.
(a) Includes amounts due from non-guarantor subsidiaries of $1,902.8 million and $2,329.1 million as of September 30, 2026 and December 31, 2025, respectively.
Text removed vs the prior filing · source: 10-Q · 2026-07-30
Engineering expenses, as a percentage of net sales, were higher during the three and six months ended June 30, 2026 compared to the same periods in 2025 as net sales fluctuated at a slower rate than engineering expenses. The absolute value of engineering expenses increased during the three and six m…
(a) Includes intercompany revenues generated from non-guarantor subsidiaries of $2,627.3 million.
(a) Includes amounts due from non-guarantor subsidiaries of $2,420.3 million and $2,329.1 million as of June 30, 2026 and December 31, 2025, respectively.
(b) Includes amounts due from non-guarantor subsidiaries of $274.7 million and $102.6 million as of June 30, 2026 and December 31, 2025, respectively.
(c) Includes amounts due to non-guarantor subsidiaries of $2,306.1 million and $2,368.1 million as of June 30, 2026 and December 31, 2025, respectively.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice