LINDSAY CORP
Business
Lindsay Corporation manufactures and markets center pivot, lateral move, and hose reel irrigation systems for agricultural use, along with irrigation controls, remote monitoring systems, and data management solutions. The company also produces moveable barrier systems for traffic management, crash cushions, road safety equipment, and railroad signals through its infrastructure segment. Lindsay sells irrigation products through independent dealers worldwide and infrastructure products through direct sales and distributors; it operates manufacturing facilities across the United States, Brazil, France, Italy, China, Turkey, and South Africa.
Summary from 10-K filed 2025-10-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-08-31 | FY 2024 2024-08-31 | FY 2023 2023-08-31 | FY 2022 2022-08-31 | FY 2021 2021-08-31 |
|---|---|---|---|---|---|---|
| Operating revenues | 676 | 607 | 674 | 771 | 568 | |
| Cost of operating revenues | 466 | 416 | 461 | 572 | 417 | |
| Gross profit | 211 | 191 | 213 | 199 | 150 | |
| Selling expense | 42 | 40 | 36 | 34 | 31 | |
| General and administrative expense | 63 | 57 | 56 | 55 | 52 | |
| Engineering and research expense | 18 | 17 | 18 | 15 | 13 | |
| Total operating expenses | 123 | 114 | 111 | 105 | 96 | |
| Operating income | 88 | 77 | 102 | 95 | 54 | |
| Interest expense | −2 | −3 | −4 | −4 | — | |
| Interest income | 8 | 5 | 3 | 622,000 | 1 | |
| Other income (expense), net | 574,000 | 487,000 | −804,000 | −3 | −53,000 | |
| Total other income (expense) | 6 | 2 | −2 | −7 | −4 | |
| Earnings before income taxes | 95 | 79 | 100 | 88 | 50 | |
| Income tax expense | 21 | 13 | 28 | 22 | 8 | |
| Net earnings | 74 | 66 | 72 | 65 | 43 | |
| Basic (per share) | 6.82 | 6.04 | 6.58 | 5.97 | 3.91 | |
| Diluted (per share) | 6.78 | 6.01 | 6.54 | 5.94 | 3.88 | |
| Basic (shares) | 11 | 11 | 11 | 11 | 11 | |
| Diluted (shares) | 11 | 11 | 11 | 11 | 11 | |
| Cash dividends declared per share | 1.45 | 1.41 | 1.37 | 1.33 | 1.3 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-08-31 | FY 2024 2024-08-31 | FY 2023 2023-08-31 | FY 2022 2022-08-31 | FY 2021 2021-08-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 251 | 191 | 161 | 105 | 127 | |
| Receivables, net of allowance of $6,089 and $5,151, respectively | 113 | 117 | 145 | 138 | 94 | |
| Inventories, net | 137 | 155 | 156 | 194 | 145 | |
| Other current assets | 32 | 31 | 20 | 29 | 31 | |
| Total current assets | 533 | 493 | 487 | 477 | 416 | |
| Property, plant, and equipment, net | 142 | 113 | 100 | 94 | 92 | |
| Intangible assets, net | 23 | 25 | 28 | 18 | 20 | |
| Goodwill | 84 | 84 | 83 | 67 | 68 | |
| Operating lease right-of-use assets | 18 | 16 | 17 | 19 | 18 | |
| Deferred income tax assets | 20 | 14 | 11 | 9 | 8 | |
| Equity method investment | 9 | — | — | — | — | |
| Other noncurrent assets | 12 | 15 | 20 | 25 | 14 | |
| Total assets | 841 | 760 | 746 | 711 | 637 | |
| Accounts payable | 49 | 37 | 44 | 60 | 45 | |
| Current portion of long-term debt | 233,000 | 228,000 | 226,000 | 222,000 | 217,000 | |
| Other current liabilities | 95 | 88 | 92 | 101 | 93 | |
| Total current liabilities | 144 | 126 | 136 | 161 | 138 | |
| Pension benefits liabilities | 3 | 4 | 4 | 5 | 6 | |
| Long-term debt | 115 | 115 | 115 | 115 | 116 | |
| Operating lease liabilities | 17 | 16 | 18 | 20 | 18 | |
| Deferred income tax liabilities | 1 | 678,000 | 689,000 | 1 | 832,000 | |
| Other noncurrent liabilities | 28 | 18 | 16 | 15 | 20 | |
| Total liabilities | 308 | 279 | 290 | 317 | 299 | |
| Preferred stock of $1 par value - authorized 2,000 shares; no shares issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock at $1 par value - authorized 25,000 shares; 19,167 and 19,124 shares issued at August 31, 2025 and 2024, respectively | 19 | 19 | 19 | 19 | 19 | |
| Capital in excess of stated value | 113 | 104 | 99 | 94 | 86 | |
| Retained earnings | 745 | 687 | 636 | 579 | 528 | |
| Less treasury stock - at cost, 8,363 and 8,277 shares, respectively | −311 | −300 | −277 | −277 | −277 | |
| Accumulated other comprehensive loss, net | −34 | −30 | −21 | −21 | −18 | |
| Total shareholders' equity | 533 | 481 | 456 | 393 | 338 | |
| Total liabilities and shareholders' equity | 841 | 760 | 746 | 711 | 637 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-08-31 | FY 2024 2024-08-31 | FY 2023 2023-08-31 | FY 2022 2022-08-31 | FY 2021 2021-08-31 |
|---|---|---|---|---|---|---|
| Net earnings | 74 | 66 | 72 | 65 | 43 | |
| Depreciation and amortization | 21 | 21 | 19 | 20 | 19 | |
| Provision for uncollectible accounts receivable | 2 | 694,000 | 881,000 | 903,000 | 771,000 | |
| Deferred income taxes | −1 | −4 | 0 | −2 | 2 | |
| Share-based compensation expense | 8 | 6 | 7 | 5 | 6 | |
| Foreign currency transaction (gain) loss | −718,000 | −971,000 | 1 | 2 | −2 | |
| Other, net | −3 | 450,000 | 2 | 695,000 | −828,000 | |
| Receivables | 3 | 23 | −5 | −48 | −12 | |
| Inventories | 19 | −765,000 | 41 | −54 | −38 | |
| Other current assets | −784,000 | −10 | 5 | 1 | −8 | |
| Accounts payable | 11 | −6 | −15 | 14 | 18 | |
| Other current liabilities | −4 | −8 | −9 | 186,000 | 18 | |
| Other noncurrent assets and liabilities | 5 | 7 | 2 | −4 | −2 | |
| Net cash provided by operating activities | 133 | 96 | 120 | 3 | 44 | |
| Purchases of property, plant and equipment | −42 | −29 | −19 | −16 | −27 | |
| Purchases of marketable securities available-for-sale | −15 | −19 | −5 | −18 | −19 | |
| Proceeds from maturities of marketable securities available-for-sale | 15 | 25 | 11 | 26 | 19 | |
| Purchase of equity method investment | −6 | 0 | 0 | — | — | |
| Proceeds from settlement of net investment hedge | 835,000 | 0 | 0 | — | — | |
| Payments for settlement of net investment hedge | −98,000 | 0 | 0 | — | — | |
| Acquisition of business, net of cash acquired | 0 | 0 | −31 | 0 | 0 | |
| Other investing activities, net | −1 | −3 | −4 | −855,000 | −577,000 | |
| Net cash used in investing activities | −49 | −26 | −47 | −9 | −28 | |
| Repurchase of common shares | −12 | −22 | 0 | 0 | — | |
| Dividends paid | −16 | −15 | −15 | −15 | −14 | |
| Proceeds from exercise of stock options | 2 | 479,000 | 32,000 | 3 | 4 | |
| Common stock withheld for payroll tax obligations | −2 | −2 | −3 | −1 | −1 | |
| Other financing activities, net | 372,000 | 370,000 | 222,000 | 194,000 | — | |
| Net cash used in financing activities | −27 | −39 | −17 | −13 | −12 | |
| Effect of exchange rate changes on cash and cash equivalents | 2 | −1 | 716,000 | −3 | 1 | |
| Net change in cash and cash equivalents | 60 | 30 | 56 | −22 | 6 | |
| Income taxes paid | 21 | 22 | 20 | 16 | 7 | |
| Interest paid | 2 | 3 | 4 | 4 | 5 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is LINDSAY CORP's CIK number?
LINDSAY CORP's SEC CIK number is 0000836157 (836157). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find LINDSAY CORP's SEC filings?
All of LINDSAY CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did LINDSAY CORP last report earnings?
LINDSAY CORP (LNN) most recently filed an earnings 8-K with the SEC on Jul 2, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-293405). This is LINDSAY CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is LINDSAY CORP's most recent earnings 8-K?
LINDSAY CORP's latest earnings 8-K (Item 2.02) was filed Jul 2, 2026 under accession 0001193125-26-293405. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View LINDSAY CORP's latest earnings 8-K →
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