---
title: "AMERICAN VANGUARD CORP SEC 10-Q Report"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/265172798.md"
description: "American Vanguard Corp has released its Q3 2025 Form 10-Q report, showing improved financial performance despite market challenges. Key highlights include net sales of $119.3 million (up 1% YoY), gross profit of $34.2 million (up 98% YoY), and a reduced net loss of $12.4 million. Domestic crop sales rose 22%, while international sales fell 6%. The company expects lower transformation costs and a rebound in its OHP business, with optimism for future growth due to potential interest rate decreases and government support for growers."
datetime: "2025-11-10T14:03:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265172798.md)
  - [en](https://longbridge.com/en/news/265172798.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265172798.md)
---

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# AMERICAN VANGUARD CORP SEC 10-Q Report

American Vanguard Corp, a leading provider of crop protection and management solutions, has released its Form 10-Q report for the third quarter of 2025. The report highlights significant improvements in both financial performance and operational efficiency, despite facing challenges in certain market segments. The company's strategic initiatives and cost management efforts have contributed to a more favorable financial outlook.

**Financial Highlights**

-   **Net sales**: $119.3 million, increased by 1% compared to the third quarter of 2024, driven by an 8% increase in domestic sales despite a 6% decrease in international sales.
-   **Gross profit**: $34.2 million, increased by 98% from the same period in 2024, with gross margin improving to 29% from 15% due to lower cost of goods sold and improved factory performance.
-   **Operating loss**: $6.5 million, a significant improvement from a loss of $28.4 million in the third quarter of 2024, attributed to reduced operating expenses and transformation costs.
-   **Net loss**: $12.4 million, compared to a net loss of $25.7 million in the prior year quarter, reflecting improved gross profit and reduced operating expenses.
-   **Net loss per common share—basic**: $(0.43), compared to $(0.91) in the prior year quarter, indicating a reduction in losses per share.

**Business Highlights**

-   **Revenue Segments**: The company's domestic crop business recorded a 22% increase in net sales during the third quarter of 2025 compared to the same period in 2024, driven by strong sales in the cotton market and post-emergent herbicides. However, the domestic non-crop business saw a 14% decrease in net sales, primarily due to timing differences in mosquito adulticide sales.
-   **Geographical Performance**: Domestic sales increased by 8% in the third quarter of 2025, while international sales decreased by 6%. The international sales decline was attributed to ongoing droughts in Mexico and Australia, and strategic changes in Brazil to focus on higher-margin proprietary products.
-   **Sales Units**: The company experienced a 31% decrease in demand for soil fumigant products due to a slow potato market, with expectations for some sales to recover in the final quarter of 2025 or early 2026.
-   **Operational Efficiency**: Efforts to transform the business into a more efficient operation led to a 15% reduction in the cost of goods sold, contributing to an improvement in gross margins to 28% from 15% in the same period of 2024.
-   **Product Liability Impact**: The OHP business, which sells to ornamental and greenhouse markets, was down 36% partly due to product liability claims, but is expected to rebound in the final quarter.
-   **Future Outlook**: The company anticipates lower transformation costs going forward and expects a rebound in the OHP business. Additionally, the potential for decreasing interest rates and government support for growers provides optimism for the medium-term outlook.

SEC Filing: AMERICAN VANGUARD CORP \[ AVD \] - 10-Q - Nov. 10, 2025

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