Teagasc has published its farm enterprise factsheets for 2025, which are based on the final confirmed results of the National Farm Survey.

Teagasc said the factsheets provide a "clear picture of the financial and technical performance of a range of farm enterprises in Ireland last year".

The figures confirm considerable increases in farm incomes for 2025 versus 2024, although the disparity in farm incomes was clear.

For dairy farms, the average family farm income stood at €154,988, an increase of €46,452, or 43%, on the previous year.

For cattle rearing farms (sucklers) 2025 family farm income was on average €23,291, an increase of €9,429, or 68%.

Cattle other farms (mainly finishers) had an average income of €34,247, an increase of €16,106 (89%) on 2024.

The average sheep farm had an income of €30,503 in 2025, up €3,054 (11%) on 2024.

Average tillage farm income stood at €55,419 in 2025, an increase of €14,028 (34%) on the previous year.

On average across all farm systems, the average farm income was €54,606, and increase of €18,372 (51%) on 2024.

The data also compares 2025 farm incomes to a five-year average between 2021 and 2025 inclusive.

All farm systems saw higher incomes in 2025 compared to that five-year average.

In 2025, dairy farm incomes were 35% higher than the 2021-2025 average, while Cattle Rearing farms were 82% higher.

Cattle other farms saw an average income in 2025 69% above the average, while for sheep farms, the same figure was 42%.

Tillage showed the lowest level of improvement over the five-year average, with average incomes there in 2025 running 13% above the average.

These figures are based on the 800 farmers that took part in the Teagasc National Farm Survey.

Enterprise factsheets

Apart from the final NFS data, the newly published enterprise factsheets outline the margins across farm systems.

Enterprise margins exclude most agricultural support payments, providing a "transparent assessment of how much market-based profit is achieved by each farming activity".

As well as examining the average margins achieved in each farm enterprise, the enterprise factsheets also report the performance of those above and below the average.  

Teagasc said the enterprise factsheets illustrate the "continued high production cost base facing agriculture in Ireland".

Input costs have been particularly high in agriculture since 2022.

However, in 2025, output prices rose to a level that helped to generate a substantial improvement in enterprise margins in Irish milk production and in cattle enterprises.

While margins for some Irish cereal crops improved in 2025, this increase was relative to the very low margins recorded in 2024.

Sheep margins in Ireland in 2025 fell slightly.

The data presented in the enterprise factsheets is reproduced over several years in Teagasc's Enterprise Dashboard, which has now been updated to include data for 2025.

There is now almost 15 years’ worth of data now included in the dashboard.

Stay tuned to Agriland for further coverage of the enterprise factsheets for different sectors.