Corteva Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,812	17,401	16,908	17,226	17,455	15,655
Revenue Growth	3.70%	2.92%	-1.85%	-1.31%	11.50%	10.12%
Cost of Revenue	8,988	9,172	9,529	9,908	10,436	9,220
Gross Profit	8,824	8,229	7,379	7,318	7,019	6,435
Selling, General & Admin	3,623	3,515	3,340	3,295	3,010	1,891
Research & Development	1,493	1,474	1,402	1,337	1,216	1,187
Amortization of Goodwill & Intangibles	675	644	685	683	702	722
Operating Expenses	5,791	5,633	5,427	5,315	4,928	3,800
Operating Income	3,033	2,596	1,952	2,003	2,091	2,635
Interest Expense	-175	-180	-233	-233	-79	-30
Interest & Investment Income	134	136	132	283	124	77
Earnings From Equity Investments	10	13	15	10	20	14
Currency Exchange Gain (Loss)	-271	-181	-284	-397	-229	-54
Other Non Operating Income (Expenses)	-78	-40	4	-56	-73	-74
EBT Excluding Unusual Items	2,653	2,344	1,586	1,610	1,854	2,568
Merger & Restructuring Charges	-352	-181	-288	-330	-368	-289
Gain (Loss) on Sale of Investments	-	-	-	-	-	40
Gain (Loss) on Sale of Assets	13	37	7	14	18	21
Legal Settlements	-731	-610	-	-	-	-
Other Unusual Items	-	-	-101	-201	-78	6
Pretax Income	1,583	1,688	1,275	1,093	1,426	2,346
Income Tax Expense	486	484	412	152	210	524
Earnings From Continuing Operations	1,097	1,204	863	941	1,216	1,822
Earnings From Discontinued Operations	-76	-99	56	-194	-58	-53
Net Income to Company	1,021	1,105	919	747	1,158	1,769
Minority Interest in Earnings	-12	-11	-12	-12	-11	-10
Net Income	1,009	1,094	907	735	1,147	1,759
Net Income to Common	1,009	1,094	907	735	1,147	1,759
Net Income Growth	-27.98%	20.62%	23.40%	-35.92%	-34.79%	158.30%
Shares Outstanding (Basic)	674	680	694	709	721	736
Shares Outstanding (Diluted)	675	681	696	712	725	742
Shares Change	-1.93%	-2.10%	-2.23%	-1.74%	-2.31%	-1.28%
EPS (Basic)	1.50	1.61	1.31	1.04	1.59	2.39
EPS (Diluted)	1.50	1.60	1.30	1.03	1.58	2.37
EPS Growth	-26.40%	23.40%	26.57%	-34.97%	-33.29%	161.20%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	629	2,815	1,548	1,174	267	2,154
Free Cash Flow Per Share	0.93	4.13	2.22	1.65	0.37	2.90
Dividend Per Share	0.720	0.710	0.670	0.630	0.590	0.550
Dividend Growth	4.35%	5.97%	6.35%	6.78%	7.27%	5.77%
Gross Margin	49.54%	47.29%	43.64%	42.48%	40.21%	41.11%
Operating Margin	17.03%	14.92%	11.54%	11.63%	11.98%	16.83%
Profit Margin	5.67%	6.29%	5.36%	4.27%	6.57%	11.24%
Free Cash Flow Margin	3.53%	16.18%	9.16%	6.82%	1.53%	13.76%
EBITDA	4,275	3,799	3,179	3,214	3,314	3,878
EBITDA Margin	24.00%	21.83%	18.80%	18.66%	18.99%	24.77%
D&A For EBITDA	1,242	1,203	1,227	1,211	1,223	1,243
EBIT	3,033	2,596	1,952	2,003	2,091	2,635
EBIT Margin	17.03%	14.92%	11.54%	11.63%	11.98%	16.83%
Effective Tax Rate	30.70%	28.67%	32.31%	13.91%	14.73%	22.34%

SEC Filings: 10-K · 10-Q