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Corteva (CTVA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 12, 2026

Corteva (CTVA) reported revenue of $3.9B for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +49% from the quarter before. Operating margin was -13.9%, net loss $549M (14.0% of revenue).

Revenue$3.9B
Year over year-2%
Quarter over quarter+49%
Operating margin-13.9%
Net earnings−$549M

Corteva, Q4 2025: revenue $3.9B (-2% year over year), operating margin -13.9%, net loss $549M, operating cash flow $4.4B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$3.9B+49%-2%
Operating profit−$542M—-647%
Net earnings−$549M——
Operating cash flow$4.4B23×+5%
Free cash flow$4.2B115×+4%

What changed

Revenue was $3.9B in Q4 2025, down 2% year over year and up 49% from the previous quarter.

Operating costs exceeded revenue by $0.54B, an operating margin of -13.9%. Total costs grew 15% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+227%). The quarter ended with a net loss of $0.55B, wider than the previous quarter's $0.32B loss.

Operating cash flow was $4.4B (up 5% year over year). Non-cash charges added back $0.31B of depreciation and amortization. Working capital and other items added $4.6B. Capital expenditures of $0.22B left free cash flow of $4.2B.

Questions

What was Corteva's revenue in the fourth quarter 2025?

Corteva (CTVA) reported revenue of $3.9B for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +49% from the quarter before.

Was Corteva profitable in the fourth quarter 2025?

Operating loss was $542M (-13.9% of revenue) and net loss $549M.

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Source: Corteva 10-K on SEC EDGAR.