Logotype for Lindsay Corporation

Lindsay (LNN) investor relations material

Lindsay Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Lindsay Corporation
Q3 2025 earnings summary26 Jun, 2025

Executive summary

  • Revenue increased 22% year-over-year to $169.5 million, driven by strong international irrigation and infrastructure sales, with international irrigation up 60% led by MENA projects.

  • Operating income rose 19% to $23.8 million, reflecting higher sales and solid execution.

  • Net earnings were $19.5 million ($1.78 per diluted share), down 4% from the prior year due to a one-time tax credit.

  • Infrastructure segment growth was led by higher road safety product sales, while Road Zipper System sales and lease revenues were stable.

  • Completed acquisition of a 49.9% stake in Pessl Instruments GmbH to expand agtech capabilities.

Financial highlights

  • Gross profit for the quarter increased 15% to $53.6 million; gross margin declined to 31.6% from 33.4% due to a higher mix of lower-margin international projects.

  • Operating margin was 14.0%, slightly down from 14.3% year-over-year.

  • Cash and marketable securities totaled $210.8 million at quarter-end, up from $152.7 million a year earlier.

  • For the nine months ended May 31, 2025, operating revenues grew 16% to $522.8 million, and net earnings increased 18% to $63.2 million.

  • Backlog at quarter-end was $117.1 million, down from $205.9 million a year ago.

Outlook and guidance

  • International irrigation growth is expected to continue, supported by food security, water scarcity, and population growth, though regional risks persist.

  • North American irrigation demand is tempered by declining crop revenue, weather, and government payments; USDA projects net farm income growth mainly from government payments.

  • Infrastructure demand is anticipated to benefit from federal funding under the Infrastructure Investment and Jobs Act through at least 2026, but project timing is uncertain.

  • Severe drought in the Midwest may boost near-term replacement part sales.

  • Fiscal 2025 capital expenditures are projected at $35–40 million, focused on modernization and productivity improvements.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Lindsay earnings date

Logotype for Lindsay Corporation
Q4 202523 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Lindsay earnings date

Logotype for Lindsay Corporation
Q4 202523 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Lindsay Corporation manufactures and markets water management equipment and services, including irrigation systems to enhance agricultural productivity with precise water application. We also provide infrastructure and road safety solutions to governments and contractors with solutions that improve traffic flow and protect roadways from damage. Lindsay uses advanced machine learning and data analytics to provide customers with expertise to help solve the complex global water crisis as well as precision watering for golf courses, lawns, plants, trees, and crops around the world.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage