Filing Flows › Corteva (CTVA) › Q1 2025
Corteva (CTVA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Corteva (CTVA) reported revenue of $4.4B for the first quarter 2025 (Q1 2025), -2% from a year earlier and +11% from the quarter before. Operating margin was 17.5%, net earnings $656M (14.9% of revenue).
Corteva, Q1 2025: revenue $4.4B (-2% year over year), operating margin 17.5%, net earnings $656M, operating cash flow −$2.1B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.4B | +11% | -2% |
| Operating profit | $773M | +681% | +46% |
| Net earnings | $656M | — | +55% |
| Operating cash flow | −$2.1B | -151% | — |
What changed
Revenue was $4.4B in Q1 2025, down 2% year over year and up 11% from the previous quarter. Seed was the largest line at 61% of revenue. Seed lost $0.04B year over year (down 2%), 59% of the total change.
Operating profit was $0.77B, a 17.5% margin (up 5.7 points year over year). Total costs fell 8% while revenue fell 2%. Net earnings were $0.65B, up 56% year over year. The effective tax rate was 15.1%.
Operating cash flow was −$2.1B. Non-cash charges added back $0.30B of depreciation and amortization. Working capital and other items used $3.1B. Capital expenditures of $0.09B exceeded it, leaving free cash flow of −$2.2B.
Questions
What was Corteva's revenue in the first quarter 2025?
Corteva (CTVA) reported revenue of $4.4B for the first quarter 2025 (Q1 2025), -2% from a year earlier and +11% from the quarter before.
Was Corteva profitable in the first quarter 2025?
Operating profit was $773M (17.5% of revenue) and net earnings $656M.
Source: Corteva 10-Q on SEC EDGAR.