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Cover and table of contents

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2025

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 000-56607

BUNGE GLOBAL SA

(Exact name of registrant as specified in its charter)

Switzerland98-1743397
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
Route de Florissant 13
1206 Geneva, SwitzerlandN.A.
(Address of registered office and principal executive office)(Zip Code)
1391 Timberlake Manor Parkway
Chesterfield, Missouri63017
(Address of corporate headquarters)(Zip Code)

(314) 292-2000

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Registered Shares, $0.01 par value per shareBGNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ý No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filerýAccelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act. Yes ☐ No ý

As of November 3, 2025, the number of registered shares outstanding of the registrant was:

Registered shares, par value $.01 per share:193,361,047

Table of Contents

BUNGE GLOBAL SA

TABLE OF CONTENTS

Page
PART I — FINANCIAL INFORMATION
Item 1.Financial Statements (Unaudited)
Condensed Consolidated Statements of Income (Loss) for the Three and Nine Months Ended September 30, 2025 and 20243
Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Nine Months Ended September 30, 2025 and 20244
Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 20245
Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2025 and 20246
Condensed Consolidated Statements of Changes in Equity and Redeemable Noncontrolling Interests for the Three and Nine Months Ended September 30, 2025 and 20247
Notes to the Condensed Consolidated Financial Statements9
Cautionary Statement Regarding Forward Looking Statements46
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations47
Item 3.Quantitative and Qualitative Disclosures About Market Risk63
Item 4.Controls and Procedures66
PART II — INFORMATION
Item 1.Legal Proceedings67
Item 1A.Risk Factors67
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds68
Item 3.Defaults Upon Senior Securities68
Item 4.Mine Safety Disclosures68
Item 5.Other Information68
Item 6.Exhibits68
Exhibit Index69
Signatures70

Table of Contents

PART I — FINANCIAL INFORMATION

Next: Item 1. FINANCIAL STATEMENTS