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Corteva (CTVA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 6, 2026

Corteva (CTVA) reported revenue of $4.9B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +25% from the quarter before. Operating margin was 17.5%, net earnings $723M (14.7% of revenue).

Revenue$4.9B
Year over year+11%
Quarter over quarter+25%
Operating margin17.5%
Net earnings$723M

Corteva, Q1 2026: revenue $4.9B (+11% year over year), operating margin 17.5%, net earnings $723M, operating cash flow −$2.9B. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$4.9B+25%+11%
Operating profit$858M—+11%
Net earnings$723M—+10%
Operating cash flow−$2.9B-166%—

What changed

Revenue was $4.9B in Q1 2026, up 11% year over year and up 25% from the previous quarter.

Operating profit was $0.86B, a 17.5% margin (unchanged year over year). Of the extra revenue versus Q1 2025, 17% reached operating profit, below the 18% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+112%). Net earnings were $0.72B, up 10% year over year. The effective tax rate was 15.5%.

Operating cash flow was −$2.9B. Non-cash charges added back $0.30B of depreciation and amortization. Working capital and other items used $3.9B. Capital expenditures of $0.08B exceeded it, leaving free cash flow of −$3.0B.

Questions

What was Corteva's revenue in the first quarter 2026?

Corteva (CTVA) reported revenue of $4.9B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +25% from the quarter before.

Was Corteva profitable in the first quarter 2026?

Operating profit was $858M (17.5% of revenue) and net earnings $723M.

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Source: Corteva 10-Q on SEC EDGAR.