)
Edge23 Jan 2026
Death, Taxes, and Garbage: The Story of WM
How Waste Management turned garbage into one of America's most stable business models through landfills, regulation, and nationwide scale.
Lindsay
Lindsay (LNN) investor relations material
Lindsay Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary8 Jan, 2026
Executive summary
Revenues for Q1 FY2026 declined 6% year-over-year to $155.8 million, with irrigation segment down 9% and infrastructure up 17% due to strong road safety product sales.
Net earnings were $16.5 million ($1.54 per diluted share), slightly down from $17.2 million ($1.57 per share) in the prior year.
Operating margin held steady at 12.6% despite lower revenues, supported by improved cost management.
Secured a major $80 million irrigation and technology project in the MENA region after quarter-end, with $70 million expected to be recognized in FY2026.
Completed $30.3 million in share repurchases during the quarter and authorized a new $150 million repurchase program.
Financial highlights
Total revenues were $155.8 million, down 6% year-over-year, with irrigation revenue at $133.4 million (down 9%) and infrastructure at $22.4 million (up 17%).
Operating income was $19.6 million, down 6% from the prior year, with an operating margin of 12.6%.
Gross profit was $50.1 million, with gross margin improving to 32.2% from 30.0% year-over-year.
Net earnings were $16.5 million ($1.54 per diluted share); basic EPS was $1.55.
Cash and cash equivalents at quarter-end were $199.6 million, down from $250.6 million at the prior quarter-end.
Outlook and guidance
North American irrigation market expected to remain flat to down for the full year, with trough conditions persisting.
International project pipeline remains robust, especially in the MENA region, with $70 million in revenue from the new project anticipated in FY2026.
Infrastructure segment expected to maintain momentum, though no large Road Zipper project is anticipated in FY2026, creating a tough year-over-year comparison.
Fiscal 2026 capital expenditures are expected to range from $50 million to $55 million, focused on modernization and productivity improvements.
Brazil irrigation demand faces ongoing credit constraints, but secular growth drivers remain positive.
Irrigation margin improved despite lower sales. Elaborate.
Why did Q1 operating cash flow turn negative?
Infrastructure's plan to offset Q2 revenue gap
When will CapEx drive margin improvement?
How do project margins impact overall profitability?
Road Zipper: How to manage project lumpiness?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Lindsay earnings date
Q2 20262 Apr, 2026
Lindsay
Next Lindsay earnings date
Q2 20262 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.
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.
)
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@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