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Lindsay Corporation LNN Irrigation — Goodwill

Other segment segments

Infrastructure
$16.08M+1.5%

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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-20.2%
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:Goodwill.

The source filing: Lindsay Corporation’s 10-K, filed October 23, 2025.

Filed
Oct 23, 2025, 4:11 PM EDT
Fiscal year
FY2025
Accession
0001193125-25-248751
($ in thousands)IrrigationInfrastructureTotal
Balance as of August 31, 202367,37115,75083,121
FieldWise purchase accounting adjustments1,0041,004
Foreign currency translation(23)9269
Balance as of August 31, 202468,35215,84284,194
Foreign currency translation24241265
Balance as of August 31, 2025$68,376$16,083$84,459

ITEM 8 — Financial Statements and Supplementary Data

FAQ

What is Lindsay Corporation's irrigation — goodwill?
Lindsay Corporation (LNN) reported irrigation — goodwill of $68.38M in Q2 2025.
How has Lindsay Corporation's irrigation — goodwill changed year-over-year?
Lindsay Corporation's irrigation — goodwill increased by 0.0% year-over-year, from $68.35M to $68.38M.
What does irrigation — goodwill mean?
Represents the intangible asset value recorded when the irrigation segment acquires another business for a price exceeding the fair value of its net identifiable assets. This metric reflects the premium paid for expected future synergies, brand value, or market position. It is subject to periodic impairment testing to ensure the carrying value remains justified.

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