Lindsay Corporation (LNN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 157.72M | 155.82M | 153.56M | 169.46M | 187.06M | 166.28M | 155M | 139.2M | 151.52M | 161.36M | 167.13M | 164.55M | 166.24M | 176.16M | 190.2M | 214.26M | 200.14M | 166.15M | 153.65M | 161.94M |
| Revenue Growth % | -15.69% | -6.29% | -0.93% | 21.74% | 23.46% | 3.05% | -7.26% | -15.41% | -8.86% | -8.4% | -12.13% | -23.2% | -16.94% | 6.02% | 23.79% | 32.31% | 39.39% | 53.16% | 19.66% | 31.54% |
| Cost of Goods Sold | 115.37M | 105.72M | 108.85M | 115.84M | 124.58M | 116.31M | 109.3M | 92.7M | 102.56M | 111.45M | 114.61M | 111.33M | 111.98M | 123.14M | 133.08M | 152.58M | 157.19M | 128.71M | 120.08M | 117.88M |
| COGS % of Revenue | 73.15% | 67.85% | 70.89% | 68.36% | 66.6% | 69.95% | 70.52% | 66.6% | 67.69% | 69.07% | 68.58% | 67.66% | 67.36% | 69.9% | 69.97% | 71.21% | 78.54% | 77.47% | 78.15% | 72.79% |
| Gross Profit | 42.35M | 50.1M | 44.7M | 53.62M | 62.49M | 49.97M | 45.7M | 46.5M | 48.95M | 49.91M | 52.52M | 53.22M | 54.26M | 53.02M | 57.12M | 61.68M | 42.94M | 37.44M | 33.57M | 44.06M |
| Gross Margin % | 26.85% | 32.15% | 29.11% | 31.64% | 33.4% | 30.05% | 29.48% | 33.4% | 32.31% | 30.93% | 31.42% | 32.34% | 32.64% | 30.1% | 30.03% | 28.79% | 21.46% | 22.53% | 21.85% | 27.21% |
| Gross Profit Growth % | -32.23% | 0.27% | -2.18% | 15.32% | 27.65% | 0.12% | -12.98% | -12.63% | -9.78% | -5.88% | -8.06% | -13.71% | 26.35% | 41.62% | 70.16% | 40% | 4.3% | 19.2% | -26.01% | 10.98% |
| Operating Expenses | 29.34M | 30.5M | 33.38M | 29.83M | 30.36M | 29.08M | 32.2M | 26.56M | 26.86M | 28.83M | 29.15M | 26.26M | 26.99M | 28.42M | 29.34M | 26.52M | 24.61M | 24.08M | 24.14M | 22.71M |
| OpEx % of Revenue | 18.6% | 19.57% | 21.74% | 17.6% | 16.23% | 17.49% | 20.77% | 19.08% | 17.72% | 17.87% | 17.44% | 15.96% | 16.24% | 16.13% | 15.42% | 12.38% | 12.29% | 14.49% | 15.71% | 14.03% |
| Selling, General & Admin | 25.26M | 25.86M | 28.18M | 25.12M | 26.2M | 25.22M | 27.61M | 22.27M | 22.96M | 24.48M | 24.28M | 21.74M | 22.47M | 24.11M | 24.77M | 22.8M | 20.95M | 20.87M | 20.29M | 19.61M |
| SG&A % of Revenue | 16.02% | 16.59% | 18.35% | 14.82% | 14.01% | 15.17% | 17.81% | 16% | 15.16% | 15.17% | 14.53% | 13.21% | 13.52% | 13.69% | 13.02% | 10.64% | 10.47% | 12.56% | 13.2% | 12.11% |
| Research & Development | 4.08M | 4.64M | 5.2M | 4.71M | 4.16M | 3.86M | 4.59M | 4.29M | 3.89M | 4.35M | 4.87M | 4.52M | 4.52M | 4.31M | 4.56M | 3.72M | 3.65M | 3.21M | 3.85M | 3.1M |
| R&D % of Revenue | 2.58% | 2.98% | 3.38% | 2.78% | 2.22% | 2.32% | 2.96% | 3.08% | 2.57% | 2.7% | 2.91% | 2.75% | 2.72% | 2.45% | 2.4% | 1.74% | 1.82% | 1.93% | 2.51% | 1.92% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -57K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 13.01M | 19.61M | 11.32M | 23.79M | 32.12M | 20.88M | 13.5M | 19.94M | 22.1M | 21.07M | 23.36M | 26.96M | 27.27M | 24.6M | 27.78M | 35.16M | 18.34M | 13.36M | 9.42M | 21.34M |
| Operating Margin % | 8.25% | 12.58% | 7.38% | 14.04% | 17.17% | 12.56% | 8.71% | 14.32% | 14.58% | 13.06% | 13.98% | 16.38% | 16.4% | 13.96% | 14.61% | 16.41% | 9.16% | 8.04% | 6.13% | 13.18% |
| Operating Income Growth % | -59.49% | -6.12% | -16.11% | 19.35% | 45.37% | -0.91% | -42.22% | -26.05% | -18.95% | -14.33% | -15.9% | -23.33% | 48.68% | 84.1% | 194.83% | 64.76% | 16% | 77.32% | -46.02% | 34.83% |
| EBITDA | 18.86M | 24.92M | 16.51M | 28.89M | 37.32M | 26.3M | 15.35M | 25.21M | 27.36M | 26.38M | 28.18M | 31.73M | 32.09M | 29.47M | 33.03M | 40.18M | 23.35M | 18.26M | 13.91M | 26.15M |
| EBITDA Margin % | 11.96% | 15.99% | 10.75% | 17.05% | 19.95% | 15.81% | 9.91% | 18.11% | 18.06% | 16.35% | 16.86% | 19.28% | 19.3% | 16.73% | 17.37% | 18.75% | 11.67% | 10.99% | 9.05% | 16.15% |
| EBITDA Growth % | -49.45% | -5.24% | 7.56% | 14.61% | 36.38% | -0.33% | -45.52% | -20.55% | -14.72% | -10.48% | -14.68% | -21.04% | 37.4% | 61.41% | 137.42% | 53.65% | 13.66% | 44.04% | -38.73% | 27.22% |
| D&A (Non-Cash Add-back) | 5.85M | 5.31M | 5.19M | 5.1M | 5.2M | 5.41M | 1.85M | 5.27M | 5.27M | 5.31M | 4.82M | 4.77M | 4.82M | 4.87M | 5.25M | 5.02M | 5.02M | 4.9M | 4.49M | 4.81M |
| EBIT | 12.45M | 21.89M | 13.96M | 26.06M | 33.62M | 22.79M | 15.95M | 20.94M | 23.53M | 21.87M | 25.8M | 26.68M | 26.77M | 24.91M | 24.56M | 36.56M | 20.38M | 10.64M | 9.01M | 22.33M |
| Net Interest Income | 1.98M | 3.32M | 2.05M | 1.9M | 1.44M | 493K | 1.1M | 194K | 465K | 191K | 345K | -268K | -548K | -536K | -758K | -888K | -1.02M | -986K | -882K | -951K |
| Interest Income | 1.98M | 3.32M | 2.39M | 2.24M | 1.84M | 1.25M | 1.86M | 961K | 1.29M | 1.07M | 1.24M | 680K | 490K | 373K | 166K | 118K | 160K | 177K | 285K | 227K |
| Interest Expense | 0 | 0 | 334K | 345K | 402K | 752K | 760K | 767K | 830K | 877K | 893K | 948K | 1.04M | 909K | 924K | 1.01M | 1.18M | 1.16M | 1.17M | 1.18M |
| Other Income/Expense | 2.55M | 2.28M | 2.3M | 1.92M | 1.09M | 1.15M | 1.69M | 237K | 599K | -79K | 1.54M | -1.23M | -1.53M | -593K | -4.15M | 394K | 866K | -3.89M | -1.63M | -187K |
| Pretax Income | 15.57M | 21.89M | 13.62M | 25.71M | 33.21M | 22.03M | 15.19M | 20.17M | 22.7M | 21M | 24.91M | 25.73M | 25.73M | 24M | 23.63M | 35.56M | 19.2M | 9.47M | 7.79M | 21.15M |
| Pretax Margin % | 9.87% | 14.05% | 8.87% | 15.17% | 17.76% | 13.25% | 9.8% | 14.49% | 14.98% | 13.01% | 14.9% | 15.64% | 15.48% | 13.63% | 12.43% | 16.59% | 9.6% | 5.7% | 5.07% | 13.06% |
| Income Tax | 3.52M | 5.36M | 2.81M | 6.21M | 6.64M | 4.87M | 2.45M | -206K | 4.57M | 5.98M | 5.68M | 8.85M | 7.68M | 5.79M | 5.7M | 10.48M | 4.64M | 1.57M | 1.99M | 3.36M |
| Effective Tax Rate % | 22.62% | 24.5% | 20.62% | 24.17% | 19.99% | 22.1% | 16.13% | -1.02% | 20.15% | 28.46% | 22.79% | 34.4% | 29.85% | 24.11% | 24.13% | 29.48% | 24.15% | 16.61% | 25.48% | 15.87% |
| Net Income | 12.04M | 16.52M | 10.81M | 19.5M | 26.58M | 17.16M | 12.74M | 20.38M | 18.12M | 15.02M | 19.23M | 16.88M | 18.05M | 18.22M | 17.93M | 25.07M | 14.57M | 7.9M | 5.8M | 17.8M |
| Net Margin % | 7.64% | 10.6% | 7.04% | 11.51% | 14.21% | 10.32% | 8.22% | 14.64% | 11.96% | 9.31% | 11.51% | 10.26% | 10.86% | 10.34% | 9.43% | 11.7% | 7.28% | 4.76% | 3.78% | 10.99% |
| Net Income Growth % | -54.68% | -3.73% | -15.1% | -4.31% | 46.64% | 14.28% | -33.77% | 20.72% | 0.39% | -17.55% | 7.25% | -32.67% | 23.93% | 130.57% | 208.91% | 40.88% | 22.65% | 11.36% | -60.45% | 76.31% |
| Net Income (Continuing) | 12.04M | 16.52M | 10.81M | 19.5M | 26.58M | 17.16M | 12.74M | 20.38M | 18.12M | 15.02M | 19.23M | 16.88M | 18.05M | 18.22M | 17.93M | 25.07M | 14.57M | 7.9M | 5.8M | 17.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.15 | 1.54 | 0.99 | 1.78 | 2.44 | 1.57 | 1.17 | 1.85 | 1.64 | 1.36 | 1.74 | 1.53 | 1.63 | 1.65 | 1.62 | 2.28 | 1.32 | 0.72 | 0.53 | 1.61 |
| EPS Growth % | -52.87% | -1.91% | -15.38% | -3.78% | 48.78% | 15.44% | -32.76% | 20.91% | 0.61% | -17.58% | 7.41% | -32.89% | 23.48% | 129.17% | 205.66% | 41.61% | 22.22% | 10.77% | -60.74% | 73.12% |
| EPS (Basic) | 1.15 | 1.55 | 1.00 | 1.80 | 2.45 | 1.58 | 1.17 | 1.85 | 1.64 | 1.36 | 1.75 | 1.53 | 1.64 | 1.66 | 1.63 | 2.28 | 1.32 | 0.72 | 0.53 | 1.63 |
| Diluted Shares Outstanding | 10.59M | 10.7M | 10.93M | 10.93M | 10.91M | 10.9M | 11.02M | 11.03M | 11.07M | 11.06M | 11.06M | 11.05M | 11.06M | 11.07M | 11.06M | 11.02M | 11.01M | 11.03M | 11.04M | 11.03M |
| Basic Shares Outstanding | 10.56M | 10.67M | 10.86M | 10.86M | 10.86M | 10.85M | 10.98M | 11M | 11.03M | 11.02M | 11.01M | 11.01M | 11.01M | 10.99M | 10.98M | 10.98M | 10.97M | 10.93M | 10.91M | 10.91M |
| Dividend Payout Ratio | 31.94% | 23.71% | 37.12% | 20.05% | 14.72% | 22.79% | 30.65% | 18.81% | 21.32% | 25.71% | 20.04% | 22.17% | 20.73% | 20.54% | 20.83% | 14.45% | 24.86% | 45.83% | 62.03% | 20.22% |