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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:ResearchAndDevelopmentExpense.

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
($ and shares in thousands, except per share amounts)Three months ended / May 31,2026Three months ended / May 31,2025Nine months ended / May 31,2026Nine months ended / May 31,2025
Operating expenses:
Selling expense10,32010,21731,85631,278
General and administrative expense14,34914,90343,92945,263
Engineering and research expense4,6504,70913,36612,735
Total operating expenses29,31929,82989,15189,276
Operating income18,51323,79351,13276,799
Other income:
Interest income, net2,3151,8977,6183,832

ITEM 1 - Financial Statements

FAQ

What is Lindsay Corporation's R&D?
Lindsay Corporation (LNN) reported R&D of $4.65M in Q1 2026.
How has Lindsay Corporation's R&D changed year-over-year?
Lindsay Corporation's R&D decreased by 1.3% year-over-year, from $4.71M to $4.65M.
What is the long-term trend for Lindsay Corporation's R&D?
Over 4 years (2021 to 2025), Lindsay Corporation's R&D has grown at a 7.6% compound annual growth rate (CAGR), from $13.36M to $17.93M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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