CortevaCTVAEarnings & Financial Report
Corteva, Inc. is an American company devoted to products for seeds and crop protection, including herbicides, insecticides, fungicides, and biologicals that are sold in 110 countries. The company's name combines "cor" with "teva". It is headquartered in Indianapolis, Indiana. Corteva sells a large portion of their seeds under the Pioneer Hi-Bred International brand.
Revenue
$6.1B
Gross Profit
$3.2B
Operating Profit
$1.3B
Net Profit
$1.1B
Gross Margin
52.3%
Operating Margin
21.9%
Net Margin
17.2%
YoY Growth
1.1%
EPS
$1.51
Corteva Q2 FY2024 Financial Summary
Corteva reported revenue of $6.1B (up 1.1% YoY) for Q2 FY2024, with a net profit of $1.1B (up 47.5% YoY) (17.2% margin). Cost of goods sold was $2.9B, operating expenses totaled $1.9B.
Key Financial Metrics
| Total Revenue | $6.1B |
|---|---|
| Net Profit | $1.1B |
| Gross Margin | 52.3% |
| Operating Margin | 21.9% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Corteva Q2 FY2024 revenue of $6.1B breaks down across 7 segments, led by Corn at $2.7B (43.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Corn | $2.7B | 43.9% |
| Soybean | $1.3B | 21.5% |
| Herbicides | $946.0M | 15.5% |
| Insecticides | $415.0M | 6.8% |
| Fungicides | $250.0M | 4.1% |
| Otheroilseeds | $186.0M | 3.0% |
| Other | $170.0M | 2.8% |
Corteva Revenue by Segment — Quarterly Trend
Corteva revenue by segment across the last 4 reported quarters, showing how each business line (such as Corn and Soybean) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Corn | — | $1.4B | $586.0M | $3.0B |
| Soybean | — | $164.0M | $152.0M | $1.3B |
| Herbicides | — | $1.1B | $813.0M | $995.0M |
| Insecticides | — | $488.0M | $409.0M | $436.0M |
| Fungicides | — | $272.0M | $222.0M | $342.0M |
Corteva Annual Revenue by Year
Corteva annual revenue history includes year-by-year totals (for example, 2025 revenue was $17.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $17.4B |
| 2024 | $16.9B |
| 2023 | $17.2B |
| 2022 | $17.5B |
Corteva Quarterly Revenue & Net Profit History
Corteva results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $4.9B | +11.0% | $723.0M | 14.7% |
| Q4 FY2025 | $3.9B | -1.7% | $-552.0M | -14.1% |
| Q3 FY2025 | $2.6B | +12.6% | $-320.0M | -12.2% |
| Q2 FY2025 | $6.5B | +5.6% | $1.3B | 20.4% |
| Q1 FY2025 | $4.4B | -1.7% | $652.0M | 14.8% |
| Q4 FY2024 | $4.0B | +7.3% | $-41.0M | -1.0% |
| Q3 FY2024 | $2.3B | -10.2% | $-524.0M | -22.5% |
| Q2 FY2024 | $6.1B | +1.1% | $1.1B | 17.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.11B | $2.33B | $3.98B | $4.42B | $6.46B | $2.62B | $3.91B | $4.91B |
| YoY Growth | 1.1% | -10.2% | 7.3% | -1.7% | 5.6% | 12.6% | -1.7% | 11.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $41.46B | $41.91B | $40.83B | $42.12B | $41.76B | $42.20B | $42.84B | $42.72B |
| Liabilities | $16.29B | $17.17B | $17.04B | $17.84B | $15.85B | $16.98B | $18.70B | $18.11B |
| Equity | $25.18B | $24.74B | $23.79B | $24.29B | $25.91B | $25.22B | $24.14B | $24.61B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $451.0M | $130.0M | $4.17B | $-2.11B | $947.0M | $193.0M | $4.38B |