Slide 1: 1st Quarter Fiscal 2026 Earnings Presentation
1st Quarter Fiscal 2026 Earnings Presentation
Slide 2: Safe-Harbor Statement
Safe-Harbor Statement This presentation contains forward-looking statements that are subject to risks and uncertainties, and which reflect management’s current beliefs and estimates of future economic circumstances, industry conditions, Company performance, financial results and planned financing. Y
Slide 3: Key Highlights
Key Highlights + Improved Irrigation operating margin despite lower revenues in North America and international markets + Increased Infrastructure revenues 17 percent on higher sales of road safety products + Secured $80 million irrigation and technology project in the MENA region subsequent to quar
Slide 4: First Quarter Summary
First Quarter Summary $ in millions, except per share amounts Revenue Operating Income Diluted EPS (with operating margin) $166.3 $155.8 -6% $1.57 $1.54 -2% $20.9 $19.6 -6% 12.6% 12.6% FY25 FY26 FY25 FY26 FY25 FY26 + Revenues decreased $10.5 million, or 6 percent, compared to the prior year • Irriga
Slide 5: Irrigation – Current Market Factors
Irrigation – Current Market Factors + In September, the USDA estimated 2025 U.S. net farm income to be $179.8 billion, an increase of 41 percent from 2024 U.S. net farm income of $127.8 billion • The projected increase is based mainly on higher government support payments • Cash receipts for crops a
Slide 6: Irrigation Revenue and Operating Income
$ in millions Revenue $147.1 $133.4 + North America revenue of $74.3 million decreased 4 percent -9% • Lower unit sales volume compared to the prior year, due to unfavorable market conditions and farmer sentiment • Higher average selling prices compared to the prior year • Unit sales volume breakdow
Slide 7: Infrastructure – Current Market Factors
Infrastructure – Current Market Factors + Infrastructure Investment and Jobs Act (IIJA) funding includes $110 billion in incremental federal funding for roads, bridges, and other transportation projects and runs through September 2026 + Inflation on material prices and labor costs have offset some o
Slide 8: Infrastructure Revenue and Operating Income
$ in millions Revenue $22.4 +17% $19.2 + Revenue of $22.4 million increased 17 percent • Higher sales of road safety products compared to the prior year • Road Zipper revenues were comparable to prior year FY25 FY26 + Operating income of $4.5 million increased 9 percent • Higher operating income res
Slide 9: Ample Liquidity to Execute Capital Allocation Priorities
Ample Liquidity to Execute Capital Allocation Priorities Current No Near-Term Substantial Room to Liquidity Debt Maturities Add Leverage $250M $115M 0.9x Available liquidity Total Debt Gross Debt to EBITDA leverage 2030 Maturity 9 © 2026 Lindsay Corporation
Slide 10: Capital Allocation Priorities
Capital Allocation Priorities Support Growth • Working capital to support sales growth and Profitability of • New product development Current Businesses • Capacity and productivity investments • Align with strategic growth priorities Acquisitions • Leverage or add to existing capabilities • Deliver
Slide 11: Innovation Leadership: Addressing Global Megatrends
Innovation Leadership: Addressing Global Megatrends Megatrends Innovation Leadership Innovative sustainable Land Food Security Water Scarcity Availability solutions for growers across the globe Capitalizing on global Mobilizing global megatrends Aging Increased populations safely Mobility Safety Inf
Slide 12: Strong Commitment to Sustainable Practices
Strong Commitment to Sustainable Practices Our mission is to conserve natural resources, expand our world’s potential, and enhance the quality of life for people. Investing in Improving our Empowering and Engaging in Operating sustainable operational protecting our our local with technologies footpr
Slide 13: Appendix
Appendix 13 © 2026 Lindsay Corporation
Slide 14: U.S. Corn Prices
U.S. Corn Prices USD/BU 14 © 2026 Lindsay Corporation Source: Trading Economics
Slide 15: U.S. Soybean Prices
U.S. Soybean Prices USD/BU 15 © 2026 Lindsay Corporation Source: Trading Economics
Slide 16: United States Drought Condition
United States Drought Condition 2024 2025 Source: US Drought Monitor, November 2024/2025 16 © 2026 Lindsay Corporation
Slide 17: Soybean Cash Price Index – Brazil
Soybean Cash Price Index – Brazil R$/bag 17 Source:Cepea © 2026 Lindsay Corporation
Slide 18: Brazil Central Bank Interest Rate
Brazil Central Bank Interest Rate Percent 18 © 2026 Lindsay Corporation Source: Trading Economics| Banco Central do Brasil