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Lindsay Corporation LNN Irrigation — Operating Income

Other segment segments

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$5.4M-0.5%

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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:OperatingIncomeLoss.

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
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
Three months ended May 31, 2025

ITEM 1 - Financial Statements

FAQ

What is Lindsay Corporation's irrigation — operating income?
Lindsay Corporation (LNN) reported irrigation — operating income of $20.34M in Q1 2026.
How has Lindsay Corporation's irrigation — operating income changed year-over-year?
Lindsay Corporation's irrigation — operating income decreased by 25.1% year-over-year, from $27.15M to $20.34M.
What is the long-term trend for Lindsay Corporation's irrigation — operating income?
Over 4 years (2021 to 2025), Lindsay Corporation's irrigation — operating income has grown at a 11.3% compound annual growth rate (CAGR), from $63.18M to $96.96M.
What does irrigation — operating income mean?
Measures the profitability of the irrigation segment after deducting both cost of revenue and operating expenses. This is a key performance indicator for evaluating the segment's ability to generate sustainable earnings from its core business activities. It reflects the overall operational success of the irrigation division.

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