Lindsay Q3 revenue rises 22% to $169.5 million; diluted EPS falls 4% to $1.78
Lindsay Corporation reported third quarter fiscal 2025 results for the period ended May 31, 2025. Revenue rose 22% to $169.5 million and operating income rose 19% to $23.8 million, driven mainly by International irrigation project revenue in the Middle East and North Africa. Diluted earnings per share fell 4% to $1.78 because the prior year included a one-time income tax credit of $0.44 per share, and backlog fell to $117.1 million from $205.9 million a year earlier.
Key points
- Total revenues were $169.5 million, up $30.3 million or 22% from $139.2 million.
- International irrigation revenues rose 60% to $74.7 million, mainly from the large MENA region project.
- Diluted EPS was $1.78 versus $1.85, down 4%; the prior year included a one-time tax credit of $0.44 per share.
- Operating income was $23.8 million, up 19%, with operating margin of 14.0% versus 14.3%. Backlog was $117.1 million at May 31, 2025, versus $205.9 million a year earlier.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 26, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.