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Lindsay Corporation LNN Accounts Receivable, Credit Loss Expense (Reversal)

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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-21.3%
Enterprise value$1.15B-20.7%
P/E21.2×+1.6×
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:ProvisionForDoubtfulAccounts.

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)Nine months ended / May 31, 2026Nine months ended / May 31, 2025
Net earnings$44,389$63,239
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization17,04715,707
Provision for uncollectible accounts receivable2011,238
Deferred income taxes5,548(2,386)
Share-based compensation expense4,8905,971
Unrealized foreign currency transaction gain(288)(629)
Other, net29(2,493)

ITEM 1 - Financial Statements

FAQ

What is Lindsay Corporation's accounts receivable, credit loss expense (reversal)?
Lindsay Corporation (LNN) reported accounts receivable, credit loss expense (reversal) of $257K in Q1 2026.
How has Lindsay Corporation's accounts receivable, credit loss expense (reversal) changed year-over-year?
Lindsay Corporation's accounts receivable, credit loss expense (reversal) decreased by 77.5% year-over-year, from $1.14M to $257K.
What is the long-term trend for Lindsay Corporation's accounts receivable, credit loss expense (reversal)?
Over 3 years (2021 to 2025), Lindsay Corporation's accounts receivable, credit loss expense (reversal) has grown at a 30.8% compound annual growth rate (CAGR), from $771K to $1.73M.

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