Corteva, Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: CTVA delivered strong Q1 FY2026 revenue growth of 11.0% to $4.91B and net income of $720M (+10.4% YoY), though operating cash outflows deepened significantly to -$2.89B, reflecting the seasonal working capital dynamics typical of the agricultural inputs business.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue surged 11.0% YoY to $4.91B in Q1 FY2026 (vs. $4.42B in Q1 FY2025), indicating robust demand for Corteva's seed and crop protection products. This growth significantly outpaced cost of revenue growth of just 1.3%, suggesting improved pricing power or favorable product mix.
With revenue growing 11.0% while cost of revenue rose only 1.3% ($2.37B vs. $2.34B), gross profit expanded meaningfully, reflecting operational leverage and potentially favorable input cost trends in Q1 FY2026.
SG&A expenses rose 16.8% YoY to $877M from $751M, outpacing revenue growth of 11.0%. This elevated spending could reflect increased commercial investments, restructuring costs, or integration-related expenses that may pressure operating margins going forward.
Revenue
$4.91B
++11.05% YoY
EPS (Basic)
$1.07
++12.63% YoY
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