Corteva, Inc. income statement
In fiscal 2025, Corteva, Inc. reported revenue of $17.40bn, up 2.9% on the year before and net income of $1.09bn, or $1.60 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.3 | 13.8 | 14.2 | 15.7 | 17.5 | 17.2 | 16.9 | 17.4 | 17.8 |
| Cost of revenue | 9.9 | 8.6 | 8.5 | 9.2 | 10.4 | 9.9 | 9.5 | 9.2 | 9.0 |
| Gross profit | 4.3 | 5.3 | 5.7 | 6.4 | 7.0 | 7.3 | 7.4 | 8.2 | 8.8 |
| Research and development | 1.4 | 1.1 | 1.1 | 1.2 | 1.2 | 1.3 | 1.4 | 1.5 | 1.5 |
| Selling, general and administrative | 3.0 | 3.1 | 3.0 | 3.2 | 3.2 | 3.2 | 3.2 | 3.5 | 3.6 |
| Income before tax | −6.8 | −0.3 | 0.7 | 2.3 | 1.4 | 1.1 | 1.3 | 1.7 | 1.6 |
| Income tax | −0.0 | −0.0 | −0.1 | 0.5 | 0.2 | 0.2 | 0.4 | 0.5 | 0.5 |
| Net income | −5.1 | −1.0 | 0.7 | 1.8 | 1.1 | 0.7 | 0.9 | 1.1 | 1.0 |
| Diluted EPS | −$6.76 | −$1.28 | $0.91 | $2.37 | $1.58 | $1.03 | $1.30 | $1.60 | $1.50 |
| Diluted shares (average) | 749m | 750m | 751m | 742m | 725m | 712m | 696m | 681m | 675m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,326 | 3,978 | 4,417 | 6,456 | 2,618 | 3,910 | 4,905 | 6,379 |
| Cost of revenue | 1,565 | 2,496 | 2,342 | 2,932 | 1,644 | 2,254 | 2,372 | 2,718 |
| Gross profit | 761 | 1,482 | 2,075 | 3,524 | 974 | 1,656 | 2,533 | 3,661 |
| Research and development | 348 | 365 | 335 | 375 | 351 | 413 | 341 | 388 |
| Selling, general and administrative | 671 | 735 | 751 | 1,156 | 725 | 860 | 877 | 1,164 |
| Income before tax | −633 | 88 | 784 | 1,804 | −370 | −530 | 858 | 1,625 |
| Income tax | −114 | 138 | 117 | 422 | −62 | 7 | 133 | 408 |
| Net income | −524 | −41 | 652 | 1,314 | −320 | −552 | 720 | 1,161 |
| Diluted EPS | −$0.76 | −$0.05 | $0.95 | $1.92 | −$0.47 | −$0.81 | $1.07 | $1.73 |
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