Lindsay Corporation
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $635.9M | $676.4M | $607.1M | $674.1M | $770.7M | $567.6M | $474.7M | $444.1M |
| Cost of Revenue | $452.1M | $465.6M | $416.0M | $461.1M | $571.6M | $417.4M | $322.1M | $329.5M |
| Gross Profit | $183.8M | $210.8M | $191.1M | $213.0M | $199.2M | $150.2M | $152.5M | $114.6M |
| Gross Margin | 28.9% | 31.2% | 31.5% | 31.6% | 25.8% | 26.5% | 32.1% | 25.8% |
| Operating Expenses | ||||||||
| Research & Development | $17.0M | $17.9M | $17.1M | $18.2M | $15.1M | $13.4M | $14.0M | $13.9M |
| SG&A Expense | $57.6M | $63.0M | $57.4M | $56.4M | $55.5M | $51.9M | $52.9M | $63.7M |
| Operating Income | $66.9M | $88.1M | $76.6M | $102.2M | $94.6M | $54.1M | $54.2M | $6.1M |
| Operating Margin | 10.5% | 13.0% | 12.6% | 15.2% | 12.3% | 9.5% | 11.4% | 1.4% |
| Interest Expense | — | — | — | $3.8M | $4.3M | $4.8M | $4.8M | $4.8M |
| Pretax Income | $75.3M | $94.6M | $79.1M | $100.4M | $87.9M | $50.4M | $48.8M | $2.1M |
| Income Tax Expense | $19.7M | $20.5M | $12.8M | $28.0M | $22.4M | $7.8M | $10.2M | $-65.0K |
| Net Income | $55.7M | $74.1M | $66.3M | $72.4M | $65.5M | $42.6M | $38.6M | $2.2M |
| Net Margin | 8.8% | 10.9% | 10.9% | 10.7% | 8.5% | 7.5% | 8.1% | 0.5% |
| EPS (Basic) | $5.35 | $6.82 | $6.04 | $6.58 | $5.97 | $3.91 | $3.57 | $0.20 |
| EPS (Diluted) | $5.33 | $6.78 | $6.01 | $6.54 | $5.94 | $3.88 | $3.56 | $0.20 |
| Shares Outstanding (Basic) | 10.4M | 10.9M | 11.0M | 11.0M | 11.0M | 10.9M | 10.8M | 10.8M |
| Shares Outstanding (Diluted) | 10.4M | 10.9M | 11.0M | 11.1M | 11.0M | 11.0M | 10.9M | 10.8M |
| Dividends Per Share | $1.49 | $1.45 | $1.41 | $1.37 | $1.33 | $1.30 | $1.26 | $1.24 |