For the third quarter of fiscal 2026 ended May 31, 2026, Lindsay Corporation reported revenue of $160.8 million, a decrease of 5.1% year-over-year. Net income was $15.8 million, down 18.9% from the prior year, while diluted EPS fell 14.0% to $1.53. Operating income declined 22.2% to $18.5 million. The company held $154.8 million in cash and $115.1 million in long-term debt, with total equity of $499.1 million.
•Revenue decreased 5.1% YoY to $160.8 million.
•Net income fell 18.9% to $15.8 million; diluted EPS down 14.0% to $1.53.
•Operating income declined 22.2% to $18.5 million.
•Cash and equivalents of $154.8 million; long-term debt of $115.1 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Lindsay provides water management and road infrastructure products and services in the United States and globally. Its business is organized into two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand.
Its portfolio also includes hose reel travelers under the Perrot brand, and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems repair and replacement parts for its irrigation systems and controls, and diameter steel tubing.
Its portfolio also includes global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, machine-to-machine communication technology solutions and mobile device applications, irrigation scheduling technology solutions, and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand.
The Infrastructure segment provides Road Zipper System comprised of T-shaped concrete and steel barriers, barrier transfer machine, and variable length barriers, which are used for highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and repairs to tunnels and bridges.
This segment also offers redirective and non-redirective crash cushions, moveable barriers to enhance highway safety at locations such as toll booths, end terminals, road marking, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and fixed roadway hazards.
Its portfolio also includes specialty barriers, and preformed tape and road safety accessory products Rail products, such as signals and lights, structures, foundations, junction boxes, and signs. Founded in 1955, Lindsay is headquartered in Omaha, Nebraska.
Lindsay Corporation provides water management and road infrastructure products and services in the United States and globally. Its business is organized into two segments: Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot and lateral move irrigation systems under the Zimmatic brand, as well as hose reel travelers under the Perrot brand. It also offers chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems. Additionally, it provides GPS positioning and guidance, wireless irrigation management, machine-to-machine communication technology, and industrial IoT solutions under the Elecsys brand. The Infrastructure segment offers the Road Zipper System, which includes T-shaped concrete and steel barriers and barrier transfer machines used for highway reconstruction and road widening. It also provides crash cushions and moveable barriers for highway safety.
On which stock exchange is Lindsay Corporation (LNN) listed and in what currency?
Lindsay Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol LNN. Its financials are reported in US Dollars (USD), reflecting its primary listing in the United States. As a US-based company, its stock is traded in USD, and investors typically use US currency for transactions. The NYSE is one of the largest stock exchanges globally, providing liquidity and visibility for LNN shares.
What sector and industry does Lindsay Corporation (LNN) operate in?
Lindsay Corporation operates in the Industrials sector and is classified under the Farm & Heavy Construction Machinery industry. This means the company is involved in manufacturing machinery and equipment used in agriculture and large-scale construction projects. Specifically, its Irrigation segment focuses on agricultural irrigation systems, while its Infrastructure segment produces road safety and construction equipment. The combination of farm and heavy construction machinery reflects its dual focus on water management for farming and road infrastructure solutions.
Where does Lindsay Corporation (LNN) operate geographically?
Lindsay Corporation provides its products and services in the United States and globally. While its headquarters are in the US, the company serves international markets, as indicated by its global operations. Its Irrigation segment sells irrigation systems and controls worldwide, and its Infrastructure segment offers road safety products in various countries. The company's global presence allows it to address water management and road infrastructure needs across different regions, though specific country details beyond the US are not provided in the available data.
How does Lindsay Corporation (LNN) generate revenue through its business segments?
Lindsay Corporation generates revenue through two main segments: Irrigation and Infrastructure. The Irrigation segment earns money by manufacturing and selling center pivot and lateral move irrigation systems under the Zimmatic brand, hose reel travelers under Perrot, and related components like chemical injection systems, variable rate irrigation, and remote monitoring controls. It also provides repair parts and technology solutions such as GPS guidance, wireless management, and IoT systems under Elecsys. The Infrastructure segment generates revenue from the Road Zipper System, which includes barriers and transfer machines used in highway projects, as well as crash cushions and moveable barriers for safety. Both segments serve customers in the US and globally, with the Irrigation segment focusing on agricultural water efficiency and the Infrastructure segment on road construction and safety.