The financial result before taxation of more than 35,000 Ukrainian agricultural companies for 2025 reached 223 billion UAH, which is 21% or 38.5 billion UAH higher than the previous year, according to the Kyiv School of Economics (KSE), citing macroeconomic statistics.
KSE analysts noted that leading companies in the sector demonstrated particularly strong performance — the ten largest companies from the MHP, Kernel, and Goodvalley groups increased their pre-tax profit by 40%, to 16 billion UAH. Experts explain this divergence in growth rates by the higher adaptability of large holdings to logistical constraints and their ability to manage operating costs more efficiently due to economies of scale.
“In 2025, nominal gross value added (GVA) in the agricultural sector grew by 21% in nominal terms compared to the previous year. However, in constant 2021 prices, sector GVA shows a decline of 6.2% year-on-year. This discrepancy indicates that the positive financial dynamics in 2025 are entirely driven by price factors,” the KSE report states.
Tax payments also reached an all-time high, including the minimum tax liability, corporate income tax, as well as unified and land taxes. Agricultural producers transferred 13.3 billion UAH to budgets, which is 34.6% more than the previous year. According to experts, the level of direct tax burden in the agricultural sector is currently around 6%.
Researchers drew attention to a deep structural gap between nominal business results and the dynamics of real value added generated in the sector. In their view, this trend indicates a critical dependence of sector profitability on global price conditions rather than on growth in physical production volumes.
