The financials
Lindsay Corporation by the numbers
Lindsay Corporation (LNN) reported revenue of $161M in Q3 2026 (quarter ended May 31, 2026), down 5.1% from the same quarter a year earlier. That came with a gross margin of 30% and net income of $16M (9.8% of revenue). For the full year FY2025, revenue was $676M (+11% year on year) and net income $74M. Its largest segment in 2026-Q2 was Irrigation at $124M, 85% of the disclosed total, just ahead of Infrastructure at 15%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $161M | $169M | −5.1% |
| Gross profit | $48M | $54M | −11% |
| Operating income | $19M | $24M | −22% |
| Net income | $16M | $20M | −19% |
| Diluted EPS | $1.53 | $1.78 | −14% |
| Operating | Revenue | Share |
|---|---|---|
| Irrigation | $124M | 85% |
| Infrastructure | $22M | 15% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $145.7M (+0.44%)
Infrastructure grew +7.5% year on yearIrrigation -8.3% year on year
Segment Latestquarter on quarteryear on year
- Irrigation$124.1M$124.1MQoQ -6.9%year on year -8.3%-6.9%-8.3%
- Infrastructure$21.7M$21.7MQoQ +82%year on year +7.5%+82%+7.5%
Farm & Heavy Construction Machinery
Ranks #10 of 12 by Smart Score