Lindsay Quarterly Income Statement
NYSE: LNNIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lindsay revenue and earnings
In the quarter ended May 31, 2026, Lindsay generated $160.8 million in revenue, down 5.1% from the same quarter a year earlier. Net income was $15.8 million (-18.9% year over year), for a net margin of 9.8% versus a median of 10.6% in the prior 5 quarters. Gross margin was 29.8% (down from 31.6%) and operating margin 11.5%.
Diluted earnings per share came in at $1.53, down from $1.78.
Summary generated from market data by MetaCap's automated system. Methodology
Lindsay income statement (quarterly)
| Quarter (USD) | Q3 20262026-05-31 | Q2 20262026-02-28 | Q1 20252025-11-30 | Q4 20242025-08-31 | Q3 20252025-05-31 | Q2 20252025-02-28 | Q1 20252024-11-30 | Q4 20242024-08-31 | Q3 20242024-05-31 | Q2 20242024-02-29 | Q1 20242023-11-30 | Q4 20232023-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 160.76M | 157.72M | 155.82M | 153.56M | 169.46M | 187.06M | 166.28M | 155.00M | 139.20M | 151.52M | 161.36M | 167.13M |
| Revenue growth (YoY) | -5.13% | -15.69% | -6.29% | -0.93% | +21.74% | +23.46% | +3.05% | -7.26% | -15.41% | -8.86% | -8.40% | -12.13% |
| Cost of Revenue | 112.93M | 115.37M | 105.72M | 108.85M | 115.84M | 124.58M | 116.31M | 109.30M | 92.70M | 102.56M | 111.45M | 114.61M |
| Gross Profit | 47.83M | 42.35M | 50.10M | 44.70M | 53.62M | 62.49M | 49.97M | 45.70M | 46.50M | 48.95M | 49.91M | 52.52M |
| Operating Expenses | 29.32M | 29.34M | 30.50M | 33.38M | 29.83M | 30.36M | 29.08M | 32.20M | 26.56M | 26.86M | 28.83M | 29.15M |
| Research & Development | 4.65M | 4.08M | 4.64M | 5.20M | 4.71M | 4.16M | 3.86M | 4.59M | 4.29M | 3.89M | 4.35M | 4.87M |
| Selling, General & Admin | 24.67M | 25.26M | 25.86M | 28.18M | 25.12M | 26.20M | 25.22M | 27.61M | 22.27M | 22.96M | 24.48M | 24.28M |
| Operating Income | 18.51M | 13.01M | 19.61M | 11.32M | 23.79M | 32.12M | 20.88M | 13.50M | 19.94M | 22.10M | 21.07M | 23.36M |
| Interest Expense | — | — | — | 335.00K | 345.00K | 402.00K | 752.00K | 760.00K | 767.00K | 830.00K | 877.00K | 893.00K |
| Other Income (Expense) | 2.06M | 2.55M | 2.28M | 2.30M | 1.92M | 1.09M | 1.15M | 1.69M | 237.00K | 599.00K | -79.00K | 1.54M |
| Pretax Income | 20.58M | 15.57M | 21.89M | 13.62M | 25.71M | 33.21M | 22.03M | 15.19M | 20.17M | 22.70M | 21.00M | 24.91M |
| Income Tax | 4.76M | 3.52M | 5.36M | 2.81M | 6.21M | 6.64M | 4.87M | 2.45M | -206.00K | 4.57M | 5.98M | 5.68M |
| Net Income | 15.82M | 12.04M | 16.52M | 10.81M | 19.50M | 26.58M | 17.16M | 12.74M | 20.38M | 18.12M | 15.02M | 19.23M |
| Net Income growth (YoY) | -18.87% | -54.68% | -3.73% | -15.10% | -4.31% | +46.64% | +14.28% | -33.77% | +20.72% | +0.39% | -17.56% | +7.25% |
| EPS (Basic) | 1.54 | 1.15 | 1.55 | 0.99 | 1.80 | 2.45 | 1.58 | 1.19 | 1.85 | 1.64 | 1.36 | 1.75 |
| EPS (Diluted) | 1.53 | 1.15 | 1.54 | 0.99 | 1.78 | 2.44 | 1.57 | 1.16 | 1.85 | 1.64 | 1.36 | 1.73 |
| Shares Outstanding (Basic) | 10.30M | 10.45M | 10.67M | — | 10.86M | 10.86M | 10.85M | — | 11.00M | 11.03M | 11.02M | — |
| Shares Outstanding (Diluted) | 10.34M | 10.49M | 10.70M | — | 10.93M | 10.91M | 10.90M | — | 11.03M | 11.07M | 11.06M | — |
| EBITDA | 24.40M | 18.86M | 24.92M | 16.51M | 28.89M | 37.32M | 26.30M | 18.85M | 25.21M | 27.36M | 26.38M | 28.18M |
| Gross Margin | 29.75% | 26.85% | 32.15% | 29.11% | 31.64% | 33.40% | 30.05% | 29.48% | 33.40% | 32.31% | 30.93% | 31.42% |
| Operating Margin | 11.52% | 8.25% | 12.58% | 7.38% | 14.04% | 17.17% | 12.56% | 8.71% | 14.32% | 14.58% | 13.06% | 13.98% |
| Net Margin | 9.84% | 7.64% | 10.60% | 7.04% | 11.51% | 14.21% | 10.32% | 8.22% | 14.64% | 11.96% | 9.31% | 11.51% |
This table shows 12 quarterly periods of Lindsay's income statement, from Q3 2026 back to Q4 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LNN's reporting calendar. What is a income statement?