Lindsay Corporation · NYSE:LNN
Lindsay — Q4 2026 Earnings Presentation
20 slides from Lindsay's earnings presentation, Oct 22, 2026
Slide 1: 4th Quarter Fiscal 2026 Earnings Presentation
4th Quarter Fiscal 2026 Earnings Presentation Exhibit 99.2
Slide 2: Safe-Harbor Statement
Safe-Harbor Statement © 2026 Lindsay Corporation 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 resul
Slide 3: Key Fourth Quarter Highlights
© 2026 Lindsay Corporation Key Fourth Quarter Highlights North America irrigation revenues increased 11 percent International irrigation revenues were comparable to the prior year Infrastructure revenues increased 13 percent, with a third consecutive quarter of road safety products growth Operating
Slide 4: Fourth Quarter Summary
Fourth Quarter Summary © 2026 Lindsay Corporation Revenues increased $8.0 million, or 5 percent, to $161.6 million Irrigation increased $4.7 million Infrastructure increased $3.3 million Operating income increased $4.5 million, or 39 percent, to $15.8 million Diluted earnings per share increased $0.
Slide 5: Fiscal 2026 Summary
Fiscal 2026 Summary © 2026 Lindsay Corporation Revenues decreased $40.5 million, or 6 percent, to $635.9 million Irrigation decreased $26.5 million Infrastructure decreased $14.0 million Operating income decreased $21.2 million, or 24 percent, to $66.9 million Diluted earnings per share decreased $1
Slide 6: Irrigation – Current Market Factors
Irrigation – Current Market Factors © 2026 Lindsay Corporation In September, the USDA estimated 2026 U.S. net farm income to be $158.4 billion, a decrease of 3 percent from 2025 U.S. net farm income of $162.6 billion The projected decrease is mainly driven by higher input costs and partially offset
Slide 7: Irrigation Segment – Fourth Quarter Summary
Irrigation Segment – Fourth Quarter Summary © 2026 Lindsay Corporation North America revenue of $55.4 million increased 11 percent Higher unit sales volume compared to the prior year Average selling prices were comparable to the prior year Unit sales volume breakdown by category: Replacement 50%, Co
Slide 8: Lindsay to Acquire Setorial, Expanding our Brazil Irrigation Portfolio
Lindsay to Acquire Setorial, Expanding our Brazil Irrigation Portfolio © 2026 Lindsay Corporation Setorial’s locally manufactured hose reels complement Zimmatic™ center pivots—expanding the fields, crops and growers we can serve. STRATEGIC FIT Advances two strategic priorities: growing our presence
Slide 9: Infrastructure – Current Market Factors
Infrastructure – Current Market Factors Congress extended the Infrastructure Investment and Jobs Act (IIJA) surface transportation programs through December 11, 2026. The five-year BUILD America 250 Act has cleared House T&I but not either chamber, making another short-term extension likely Inflatio
Slide 10: Infrastructure Segment – Fourth Quarter Summary
Infrastructure Segment – Fourth Quarter Summary © 2026 Lindsay Corporation Revenue of $27.8 million increased 13 percent Higher road safety product sales compared with the prior year Partially offset by lower Road Zipper System™ sales and lease revenues Operating income of $5.0 million increased 41
Slide 11: Strong Balance Sheet Supports Capital Allocation
© 2026 Lindsay Corporation Strong Balance Sheet Supports Capital Allocation $239.8M Available liquidity Cash & Cash Equivalents Substantial Room to Add Leverage No Near-Term Debt Maturities $114.8M Long-term debt 2030 Maturity 1.1x Gross Debt to EBITDA leverage
Slide 12: Capital Allocation Priorities
Capital Allocation Priorities © 2026 Lindsay Corporation Working capital to support sales growth New product development Capacity and productivity investments Align with strategic growth priorities Leverage or add to existing capabilities Deliver incremental return on invested capital Increase annua
Slide 13: Innovation Leadership: Addressing Global Megatrends
Innovation Leadership: Addressing Global Megatrends © 2026 Lindsay Corporation Capitalizing on global megatrends Megatrends Innovation Leadership Innovative sustainable solutions for growers across the globe Mobilizing global populations safely and sustainably Food Security Water Scarcity Land Avail
Slide 14: Strong Commitment to Sustainable Practices
Strong Commitment to Sustainable Practices © 2026 Lindsay Corporation Our mission is to conserve natural resources, expand our world’s potential, and enhance the quality of life for people. Investing in sustainable technologies Striving for operational and environmental excellence A great place to w
Slide 15: Appendix
Appendix © 2026 Lindsay Corporation
Slide 16: U.S. Corn Prices
U.S. Corn Prices Source: Trading Economics © 2026 Lindsay Corporation USD/BU
Slide 17: U.S. Soybean Prices
U.S. Soybean Prices © 2026 Lindsay Corporation USD/BU Source: Trading Economics
Slide 18: United States Drought Condition
United States Drought Condition Source: US Drought Monitor, October 2025/2026 2025 2026 © 2026 Lindsay Corporation
Slide 19: Soybean Cash Price Index – Brazil
Soybean Cash Price Index – Brazil Source:Cepea © 2026 Lindsay Corporation R$/bag
Slide 20: Brazil Central Bank Interest Rate
Brazil Central Bank Interest Rate Source: Trading Economics| Banco Central do Brasil Percent © 2026 Lindsay Corporation