Filing Flows › Lindsay (LNN) › Q3 FY26
Lindsay (LNN) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Jul 2, 2026
Lindsay (LNN) reported revenue of $161M for the third quarter fiscal 2026 (Q3 FY26), -5% from a year earlier and +2% from the quarter before. Operating margin was 11.5%, net earnings $15.8M (9.8% of revenue).
Lindsay, Q3 FY26: revenue $161M (-5% year over year), operating margin 11.5%, net earnings $15.8M, operating cash flow $6.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $161M | +2% | -5% |
| Gross profit | $47.8M | +13% | -11% |
| Operating profit | $18.5M | +42% | -22% |
| Net earnings | $15.8M | +31% | -19% |
| Operating cash flow | $6.7M | -73% | -81% |
What changed
Revenue was $160.8M in Q3 FY26, down 5% year over year and up 2% from the previous quarter. Irrigation was the largest line at 83% of revenue. Irrigation lost $10.7M year over year (down 7%), 123% of the total change.
Gross margin was 29.8%, down 1.9 points from Q3 FY25. Operating profit was $18.5M, a 11.5% margin (down 2.5 points year over year). Operating expenses fell 2% while revenue fell 5%. Net earnings were $15.8M, down 19% year over year. The effective tax rate was 23.1%.
Operating cash flow was $6.7M (down 81% year over year), 42% of net earnings. Non-cash charges added back $5.9M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $16.9M. Capital expenditures of $8.1M exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Lindsay's revenue in the third quarter fiscal 2026?
Lindsay (LNN) reported revenue of $161M for the third quarter fiscal 2026 (Q3 FY26), -5% from a year earlier and +2% from the quarter before.
Was Lindsay profitable in the third quarter fiscal 2026?
Operating profit was $18.5M (11.5% of revenue) and net earnings $15.8M.
Source: Lindsay 10-Q on SEC EDGAR.