Filing Flows › Lindsay (LNN) › Q4 FY26 › vs Q3 FY26
Lindsay (LNN) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Lindsay's revenue rose $802K (+0.5%) from $161M in Q3 FY26 to $162M in Q4 FY26. The biggest changes: Irrigation +$710K (+0.5%); Infrastructure +$92K (+0.3%). Gross margin 26.9% against 29.8% (-2.8 pts).
Lindsay, Q4 FY26: revenue $162M (+5% year over year), operating margin 9.8%, net earnings $11.3M, operating cash flow $44.3M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 26.9% | 29.8% | -2.8 pts |
| Operating margin | 9.8% | 11.5% | -1.7 pts |
| Net margin | 7.0% | 9.8% | -2.9 pts |
| Free cash flow margin | 24.5% | -0.9% | +25.4 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Irrigation | $134M | $133M | $710K | +0.5% |
| Infrastructure | $27.8M | $27.7M | $92K | +0.3% |
| Revenue | $162M | $161M | $802K | +0.5% |
| Gross profit | $43.5M | $47.8M | −$4.3M | -9% |
| Cost of revenue | $118M | $113M | $5.1M | +5% |
| Other income, net | $1.5M | $2.1M | −$574K | -28% |
| Operating profit | $15.8M | $18.5M | −$2.7M | -15% |
| Operating expenses | $27.7M | $29.3M | −$1.6M | -5% |
| Pre-tax earnings | $17.3M | $20.6M | −$3.3M | -16% |
| Research & development | $3.6M | $4.7M | −$1.0M | -22% |
| Sales & marketing | $10.4M | $10.3M | $82K | +0.8% |
| General & admin | $13.7M | $14.3M | −$680K | -5% |
| Net earnings | $11.3M | $15.8M | −$4.6M | -29% |
| Income tax | $6.0M | $4.8M | $1.3M | +27% |
| Depreciation & amortization | $6.0M | $5.9M | $129K | +2% |
| Share-based compensation | $724K | $1.9M | −$1.1M | -61% |
| Working capital & other | $26.3M | −$16.9M | $43.2M | — |
| Operating cash flow | $44.3M | $6.7M | $37.6M | +565% |
| Free cash flow (OCF − capex) | $39.6M | −$1.4M | $41.0M | — |
| Capital expenditures | $4.7M | $8.1M | −$3.4M | -42% |
Questions
How much did Lindsay's revenue grow quarter over quarter in Q4 FY26?
Lindsay's revenue rose $802K (+0.5%) from $161M in Q3 FY26 to $162M in Q4 FY26.
What drove Lindsay's revenue change in Q4 FY26?
Irrigation +$710K (+0.5%); Infrastructure +$92K (+0.3%).