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Lindsay Corporation LNN Irrigation — Cost Of Revenue

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Infrastructure
$17.69M+14.1%

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Other financials

Income statement

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Revenue$160.8M-5.1%
Gross profit$47.8M-10.8%
Operating income$18.5M-22.2%
Net income$15.8M-18.9%
EPS (diluted)$1.53-14.0%

Balance sheet

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Cash & equivalents$154.8M-21.1%
Total debt$137.8M+1.8%
Total equity$499.1M-5.6%
Total assets$821.6M-2.3%

Cash flow

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Operating cash flow$6.7M-81.0%
CapEx$8.1M-13.7%
Free cash flow-$1.4M-105%

Valuation

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Market cap$1.17B-20.7%
Enterprise value$1.15B-20.1%
P/E21.1×+1.8×
P/S1.9×-0.3×

Profitability

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Gross margin29.5%-1.8pp
Operating margin9.9%-3.4pp
Net margin8.8%-2.4pp
FCF margin9.4%-1.1pp

Returns & leverage

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Return on equity10.7%-4.3pp
Debt / equity0.2×0.0×
Current ratio2.9×-0.7×

Where this comes from

Reported directly by Lindsay Corporation in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Lindsay Corporation’s 10-Q, filed July 2, 2026.

Filed
Jul 2, 2026, 4:10 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-294516
($ in thousands)IrrigationInfrastructureConsolidated
Operating revenues$133,033$27,731$160,764
Cost of operating revenues95,23817,694112,932
Gross profit37,79510,03747,832
Operating expenses17,4594,63622,095
Segment operating income$20,336$5,401$25,737
Unallocated corporate expenses7,224
Operating income$18,513
(1) includes North America revenues of $61,349 and international revenues of $71,684

ITEM 1 - Financial Statements

FAQ

What is Lindsay Corporation's irrigation — cost of revenue?
Lindsay Corporation (LNN) reported irrigation — cost of revenue of $95.24M in Q1 2026.
How has Lindsay Corporation's irrigation — cost of revenue changed year-over-year?
Lindsay Corporation's irrigation — cost of revenue decreased by 5.1% year-over-year, from $100.33M to $95.24M.
What is the long-term trend for Lindsay Corporation's irrigation — cost of revenue?
Over 2 years (2023 to 2025), Lindsay Corporation's irrigation — cost of revenue has grown at a 0.1% compound annual growth rate (CAGR), from $401.43M to $402.13M.
What does irrigation — cost of revenue mean?
Includes all direct costs associated with manufacturing, sourcing, and delivering irrigation products and services to customers. This metric is essential for calculating gross margins and evaluating the efficiency of the production process. It reflects the impact of raw material costs, labor, and overhead on the irrigation segment's profitability.

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