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Lindsay Corporation 10-Q Filings

LNN NYSE

Every 10-Q that Lindsay Corporation (LNN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LNN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LNN filings page.

Rhea-AI Summary

Lindsay Corporation reported softer results for the quarter ended May 31, 2026. Operating revenues were $160.8 million, down 5% from $169.5 million a year earlier, as irrigation sales declined while infrastructure grew modestly. Quarterly net earnings were $15.8 million, or $1.53 diluted EPS, compared with $19.5 million, or $1.78 diluted EPS. For the first nine months, revenue fell to $474.3 million from $522.8 million, and net earnings declined to $44.4 million from $63.2 million as margins compressed in both segments. North America irrigation was pressured by weak commodity markets and cautious farmer sentiment, and international irrigation faced lower Brazil demand and project timing in the MENA region. Infrastructure revenue was weighed down by the absence of a prior-year $20 million Road Zipper project. The company ended the quarter with $154.8 million in cash against $115.1 million of debt, generated $30.6 million of operating cash flow year-to-date, and deployed $80.7 million on share repurchases while continuing quarterly dividends.

Rhea-AI Summary

Lindsay Corporation’s quarter showed weaker results as infrastructure demand fell sharply. Operating revenues for the three months ended February 28, 2026 declined 16% to $157.7 million from $187.1 million a year earlier. Net earnings dropped to $12.0 million, or $1.15 per diluted share, from $26.6 million, or $2.44 per diluted share.

Irrigation revenue dipped 5% to $141.2 million, with softer demand in North America and lower volumes in Brazil and the MENA region partly offset by favorable currency. Infrastructure revenue fell 58% to $16.5 million, mainly because a prior-year $20 million Road Zipper project did not repeat. Gross margin compressed to 26.9% from 33.4%, reflecting mix shifts and lower infrastructure contribution.

For the first six months, revenue declined 11% to $313.5 million and net earnings fell to $28.6 million from $43.7 million. Cash and cash equivalents were $186.1 million, and the company generated $24.0 million of operating cash flow while spending $27.5 million on capital expenditures and $55.5 million on share repurchases. Backlog increased to $151.8 million, driven by large international irrigation projects, while management continues to expect higher capital spending of $50–$55 million for facility modernization and growth.

Rhea-AI Summary

Lindsay Corporation reported softer quarterly results with stable profitability. Operating revenues for the three months ended November 30, 2025 fell 6% to $155.8 million, as irrigation revenues declined 9% to $133.4 million while infrastructure revenues rose 17% to $22.4 million. Net earnings dipped to $16.5 million from $17.2 million, and diluted EPS edged down to $1.54 from $1.57. Despite lower sales, gross profit was flat at about $50.1 million, and gross margin improved to 32.2% from 30.0% due to a more profitable mix in irrigation.

Cash and cash equivalents were $199.6 million, with long-term debt of about $114.8 million, giving the company a net cash position. Operating cash flow turned slightly negative as receivables and inventories increased. Management continued returning capital, repurchasing 232,000 shares for $30.3 million and raising the quarterly dividend to $0.37 per share. A new $150 million share repurchase authorization is in place, while backlog decreased to $119.2 million as a large international irrigation project nears completion.

Rhea-AI Summary

Lindsay (NYSE:LNN) submitted its Form 10-Q for the quarter ended May 31 2025. The filing provides the normal set of quarterly financial statements, management’s discussion & analysis, market-risk disclosures, and controls & procedures.

No specific revenue, earnings, or cash-flow figures are disclosed in the excerpt provided, and the index shows no mention of extraordinary items, major legal matters, or transformational transactions. The company remains a large accelerated filer with 10.86 million shares outstanding as of June 24 2025.