# EDGAR Filing Document

**Accession Number:** 0000836157
**File Stem:** 0001193125-26-138910
**Filing Date:** 2026-4
**Character Count:** 37622
**Document Hash:** 3ec8f33aca47d6fc25192249090d13b4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-138910.hdr.sgml**: 20260402

**ACCESSION NUMBER**: 0001193125-26-138910

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 30

**CONFORMED PERIOD OF REPORT**: 20260402

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260402

**DATE AS OF CHANGE**: 20260402

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LINDSAY CORP
- **CENTRAL INDEX KEY:** 0000836157
- **STANDARD INDUSTRIAL CLASSIFICATION:** FARM MACHINERY & EQUIPMENT [3523]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 470554096
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13419
- **FILM NUMBER:** 26830559

**BUSINESS ADDRESS:**
- **STREET 1:** 18135 BURKE STREET
- **STREET 2:** SUITE 100
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68022
- **BUSINESS PHONE:** 4028296800

**MAIL ADDRESS:**
- **STREET 1:** 18135 BURKE STREET
- **STREET 2:** SUITE 100
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LINDSAY MANUFACTURING CO
- **DATE OF NAME CHANGE:** 19920703

?xml version='1.0' encoding='ASCII'? 8-K

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

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## FORM 8-K

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**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported):** April 02, 2026<br>

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Lindsay Corporation

**(Exact name of Registrant as Specified in Its Charter)**

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---

| | | |
|:---|:---|:---|
| Delaware | 1-13419 | 47-0554096 |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| 18135 Burke Street<br> Suite 100 |  |  |
| Omaha**,** Nebraska |  | 68022 |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code:** (402) 829-6800<br>

**(Former Name or Former Address, if Changed Since Last Report)**

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

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| | |
|:---|:---|
| **<br>Title of each class** | **<br>Name of each exchange on which registered** |
| Common Stock, $1.00 par value<br> LNN | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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## Item 2.02 Results of Operations and Financial Condition.
On April 2, 2026, Lindsay Corporation (the "Company") issued a press release announcing the Company's results of operations for its second quarter ended February 28, 2026. A copy of the press release is furnished herewith as Exhibit 99.1.

In addition, a copy of the slide presentation to be used during the Company's fiscal 2026 second quarter investor conference call at 11:00 a.m. Eastern Time on April 2, 2026 is furnished herewith as Exhibit 99.2.

## Item 9.01 Financial Statements and Exhibits.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[<u>99.1 Earnings Press Release, dated April 2, 2026, issued by the Company.</u>](lnn-ex99_1.htm)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[<u>99.2 Slide Presentation for Fiscal 2026 Second Quarter Investor Conference Call on April 2, 2026.</u>](lnn-ex99_2.htm)

## 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
In accordance with General Instruction B.2 of Form 8-K, the information contained in Item 2.02 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 relating to Item 2.02 and attached hereto, is being "furnished" and, as such, shall not be deemed to be "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | LINDSAY CORPORATION |
| Date: | April 2, 2026 | By:  | /s/ Samuel S. Hinrichsen |
|  |  |  | Samuel S. Hinrichsen, Senior Vice President and Chief Financial Officer |

---

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## Exhibit 99.1

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>![img247434937_0.gif](img247434937_0.gif) | &nbsp;&nbsp; <br>**Exhibit 99.1**<br>&nbsp;&nbsp;&nbsp;&nbsp;18135 BURKE ST. OMAHA, NE 68022 TEL: 402-829-6800 FAX: 402-829-6836 |

---

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**Lindsay Corporation Reports Fiscal 2026 Second Quarter Results**

*International irrigation project in the Middle East North Africa (MENA) region remains on schedule*

OMAHA, Neb., April 2, 2026 - Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its second quarter of fiscal 2026, which ended on February 28, 2026.

**Key Highlights:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Deliveries began for the $80.0 million irrigation and technology project in the MENA region

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Irrigation revenues decreased 5 percent as market uncertainty persists

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Continued growth in road safety products with Infrastructure revenue up 6 percent, excluding Road Zipper System<sup>TM</sup> project that was included in the prior year

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Completed $25.2 million of share repurchases during the quarter, bringing total repurchases to $55.5 million for the fiscal year

"During the quarter we began shipping the large project in the Middle East North Africa (MENA) region. While this project remains on schedule, we are exercising caution and prioritizing the safety of our teams in the region" said Randy Wood, President and Chief Executive Officer. "Solid execution of this project is helping to support revenue performance as U.S. market conditions continue to put pressure on commodity prices and constrain demand for irrigation equipment. Credit availability constraints and persistently high interest rates continue to suppress demand in Brazil, resulting in lower order levels this quarter. Excluding the $20 million Road Zipper System project in the prior year, which was not expected to repeat, our infrastructure business increased 6 percent. This growth was driven by a sustained increase in road construction activity supporting increased sales of road safety products. We continued executing against our capital allocation priorities and completed $25.2 million of share repurchases leaving $125 million available under the recent $150 million authorization."

Wood continued, "I am pleased with the resiliency and performance of our teams around the world, as we demonstrate our ability to deliver on project opportunities despite a very volatile macro-economic environment. During the quarter, our Infrastructure team introduced two new road safety products. The Road Runner<sup>TM</sup> truck-mounted attenuator and the AlphaGuard<sup>TM</sup> barrier system. These new products highlight our continued investment in innovation and the growing demand for high-performance roadway safety solutions."

**Second Quarter Summary**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Consolidated Financial Summary** | **Second Quarter** | **Second Quarter** | **Second Quarter** | **Second Quarter** |
| (dollars in millions, except per share amounts) | **FY2026** | **FY2025** | **$ Change** | **% Change** |
| Total revenues | $157.7 | $187.1 | ($29.3) | (16%) |
| Operating income | $13.0 | $32.1 | ($19.1) | (59%) |
| Operating margin | 8.3% | 17.2% |  |  |
| Net earnings | $12.0 | $26.6 | ($14.5) | (55%) |
| Diluted earnings per share | $1.15 | $2.44 | ($1.29) | (53%) |

---

Revenues for the second quarter of fiscal 2026 were $157.7 million, a decrease of $29.3 million, or 16 percent, compared to $187.1 million in the prior year. The decrease was primarily driven by lower revenues in both the irrigation and infrastructure segments compared to the prior year.

Operating income for the second quarter of fiscal 2026 was $13.0 million, a decrease of $19.1 million, or 59 percent, compared to $32.1 million in the prior year. Lower operating income in both the irrigation and infrastructure segments was partially offset by a reduction in corporate expense. Operating margin was 8.3 percent of sales, compared to 17.2 percent of sales in the prior year.

------

Net earnings for the second quarter of 2026 were $12.0 million, or $1.15 per diluted share, compared to $26.6 million, or $2.44 per diluted share, in the prior year. Net earnings were impacted by lower operating income and a higher effective tax rate, both of which were partially offset by an increase in other income.

**Second Quarter Segment Results** 

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| | | | | |
|:---|:---|:---|:---|:---|
| **Irrigation Segment** | **Second Quarter** | **Second Quarter** | **Second Quarter** | **Second Quarter** |
| (dollars in millions) | **FY2026** | **FY2025** | **$ Change** | **% Change** |
| Revenues: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;North America | $71.0 | $77.1 | ($6.1) | (8%) |
| &nbsp;&nbsp;&nbsp;&nbsp;International | $70.2 | $71.0 | ($0.8) | (1%) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total revenues | $141.2 | $148.1 | ($6.9) | (5%) |
| Operating income | $19.5 | $27.4 | ($7.9) | (29%) |
| Operating margin | 13.8% | 18.5% |  |  |

---

Irrigation segment revenues for the second quarter of fiscal 2026 were $141.2 million, a decrease of $6.9 million, or 5 percent, compared to $148.1 million in the prior year. North America irrigation revenues of $71.0 million decreased $6.1 million, or 8 percent, compared to the prior year. The decrease in revenues resulted primarily from lower unit sales volume, and was partially offset by higher average selling prices compared to the prior year. Persistent weakness in commodity markets and tempered farmer sentiment continue to constrain demand for irrigation equipment in North America.

International irrigation revenues for the second quarter of fiscal 2026 of $70.2 million decreased $0.8 million, or 1 percent, compared to the prior year. The decrease resulted primarily from lower sales volumes in Brazil and timing of project volume in the MENA region, which were partially offset by growth in various other regions. In Brazil, available credit and elevated interest rates continue to limit farmers' ability to invest in capital equipment. Revenues in the current year quarter were favorably impacted by the effects of foreign currency translation of approximately $4.0 million compared to the prior year.

Irrigation segment operating income for the second quarter of fiscal 2026 was $19.5 million, a decrease of $7.9 million, or 29 percent, compared to the prior year. Operating margin was 13.8 percent of sales, compared to 18.5 percent of sales in the prior year. The decrease in operating income resulted primarily from lower unit sales volume, a higher proportion of international project sales volume and the impact of fixed cost deleverage compared to the prior year.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Infrastructure Segment** | **Second Quarter** | **Second Quarter** | **Second Quarter** | **Second Quarter** |
| (dollars in millions) | **FY2026** | **FY2025** | **$ Change** | **% Change** |
| Total revenues | $16.5 | $38.9 | ($22.4) | (58%) |
| Operating income | $1.2 | $13.3 | ($12.1) | (91%) |
| Operating margin | 7.1% | 34.1% |  |  |

---

Infrastructure segment revenues for the second quarter of fiscal 2026 were $16.5 million, a decrease of $22.4 million, or 58 percent, compared to $38.9 million in the prior year. The decrease was primarily attributable to lower Road Zipper System revenues as the prior year included a $20 million project that did not repeat. Sales of road safety products increased compared to the prior year.

Infrastructure segment operating income for the second quarter of fiscal 2026 was $1.2 million, a decrease of $12.1 million, or 91 percent, compared to the prior year. Operating margin was 7.1 percent of sales, compared to 34.1 percent of sales in the prior year. The decrease in operating income resulted primarily from lower Road Zipper System project revenues compared to the prior year.

The backlog of unfulfilled orders at February 28, 2026 was $151.8 million compared with $127.0 million at February 28, 2025. Included in these backlogs are amounts of $19.2 million and $11.9 million, respectively, for orders that are not expected to be fulfilled within the subsequent 12 months. The backlog in irrigation increased as a result of the large irrigation project in the MENA region, while the backlog in infrastructure decreased compared to the prior year.

**Outlook**

Mr. Wood concluded, "In the U.S., irrigation market conditions remain soft as growers await further trade certainty and hope to see improvement in commodity prices. We expect Brazil to return to growth due to the solid drivers of secular demand that support investments in irrigation, although credit constraints and high interest rates will remain a headwind.

------

We will continue delivery of the irrigation project in the MENA region and we expect to recognize approximately $70 million of revenue for the project in our current fiscal year."

"In infrastructure, we anticipate growth in road safety products and are encouraged by the positive feedback we have received on the new products we just introduced at the American Traffic Safety Services Association trade show. We continue to actively manage a robust pipeline of Road Zipper System projects, but we do not expect to deliver a large project in fiscal 2026."

**Second Quarter Conference Call**

Lindsay's fiscal 2026 second quarter investor conference call is scheduled for 11:00 a.m. Eastern Time today. Interested investors may participate in the call by dialing (833) 535-2202 in the U.S., or (412) 902-6745 internationally, and requesting the Lindsay Corporation call. Additionally, the conference call will be simulcast live on the internet and can be accessed via the investor relations section of the Company's website, www.lindsay.com. Replays of the conference call will remain on our website through the next quarterly earnings release. The Company will have a slide presentation available to augment management's formal presentation, which will also be accessible via the Company's website.

**About the Company**

Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world's rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic™ center pivot and lateral move agricultural irrigation systems, FieldNET™ and FieldWise™ remote irrigation management technology, FieldNET Advisor™ irrigation scheduling technology, and industrial IoT solutions. Also a global leader in the transportation industry, Lindsay Transportation Solutions manufactures equipment to improve road safety and keep traffic moving on the world's roads, bridges and tunnels, through the Barrier Systems™, Road Zipper™ and Snoline™ brands. For more information about Lindsay Corporation, visit www.lindsay.com.

*Concerning Forward-looking Statements*

*This release 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 and financial results. You can find a discussion of many of these risks and uncertainties in the annual, quarterly and current reports that the Company files with the Securities and Exchange Commission. Forward-looking statements include information concerning possible or assumed future results of operations and planned financing of the Company and those statements preceded by, followed by or including the words "anticipate," "estimate," "believe," "intend," "expect," "outlook," "could," "may," "should," "will," or similar expressions. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to update any forward-looking information contained in this press release.*

**For further information, contact:**

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| | |
|:---|:---|
| &nbsp;&nbsp;**LINDSAY CORPORATION:** | &nbsp;&nbsp;**Alpha IR Group:** |
| &nbsp;&nbsp;Alicia Pfeifer | &nbsp;&nbsp;Joe Caminiti and Abe Plimpton |
| &nbsp;&nbsp;Vice President, Investor Relations & Treasury | &nbsp;&nbsp;312-445-2870 |
| &nbsp;&nbsp;402-933-6429 | &nbsp;&nbsp;LNN@alpha-ir.com  |
| &nbsp;&nbsp;Alicia.Pfeifer@lindsay.com |  |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** |
| **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three months ended** | **Three months ended** | **Six months ended** | **Six months ended** |
| **(in thousands, except per share amounts)** | **February 28,<br>2026** | **February 28,<br>2025** | **February 28,<br>2026** | **February 28,<br>2025** |
| Operating revenues | 157715 | 187064 | 313533 | 353345 |
| Cost of operating revenues | 115366 | 124576 | 221082 | 240891 |
| Gross profit | 42349 | 62488 | 92451 | 112454 |
| Operating expenses: |  |  |  |  |
| &nbsp;&nbsp;Selling expense | 10517 | 10850 | 21536 | 21062 |
| &nbsp;&nbsp;General and administrative expense | 14742 | 15352 | 29580 | 30360 |
| &nbsp;&nbsp;Engineering and research expense | 4076 | 4162 | 8716 | 8026 |
| Total operating expenses | 29335 | 30364 | 59832 | 59448 |
| Operating income | 13014 | 32124 | 32619 | 53006 |
| Other income: |  |  |  |  |
| &nbsp;&nbsp;Interest income, net | 1984 | 1441 | 5303 | 1934 |
| &nbsp;&nbsp;Other income (expense), net | 569 | (351) | (469) | 307 |
| Total other income | 2553 | 1090 | 4834 | 2241 |
| Earnings before income taxes | 15567 | 33214 | 37453 | 55247 |
| Income tax expense | 3522 | 6638 | 8884 | 11508 |
| Net earnings | $12045 | $26576 | $28569 | $43739 |
| Earnings per share: |  |  |  |  |
| Basic | 1.15 | 2.45 | 2.71 | 4.03 |
| Diluted | 1.15 | 2.44 | 2.70 | 4.01 |
| Shares used in computing earnings per share: |  |  |  |  |
| Basic | 10449 | 10863 | 10561 | 10858 |
| Diluted | 10486 | 10909 | 10593 | 10906 |
| Cash dividends declared per share | 0.37 | 0.36 | 0.74 | 0.72 |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** |
| **SUMMARY OPERATING RESULTS** | **SUMMARY OPERATING RESULTS** | **SUMMARY OPERATING RESULTS** | **SUMMARY OPERATING RESULTS** | **SUMMARY OPERATING RESULTS** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three months ended** | **Three months ended** | **Six months ended** | **Six months ended** |
| **(in thousands)** | **February 28,<br>2026** | **February 28,<br>2025** | **February 28,<br>2026** | **February 28,<br>2025** |
| Operating revenues: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Irrigation: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;North America | 71042 | 77145 | 145354 | 154884 |
| &nbsp;&nbsp;&nbsp;&nbsp;International | 70196 | 70994 | 129321 | 140342 |
| &nbsp;&nbsp;&nbsp;&nbsp;Irrigation total | 141238 | 148139 | 274675 | 295226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infrastructure | 16477 | 38925 | 38858 | 58119 |
| Total operating revenues | $157715 | $187064 | $313533 | $353345 |
| Operating income: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Irrigation | 19479 | 27377 | 42433 | 52111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infrastructure | 1165 | 13257 | 5659 | 17381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corporate | (7630) | (8510) | (15473) | (16486) |
| Total operating income | $13014 | $32124 | $32619 | $53006 |

---

The Company manages its business activities in two reportable segments as follows:

*Irrigation* – This reporting segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, as well as various innovative technology solutions such as GPS positioning and guidance, variable rate irrigation, remote irrigation management and scheduling technology, irrigation consulting and design and industrial IoT solutions.

*Infrastructure* – This reporting segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, and road marking and road safety equipment.

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| | | | |
|:---|:---|:---|:---|
| **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** |
| **CONDENSED CONSOLIDATED BALANCE SHEETS** | **CONDENSED CONSOLIDATED BALANCE SHEETS** | **CONDENSED CONSOLIDATED BALANCE SHEETS** | **CONDENSED CONSOLIDATED BALANCE SHEETS** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
| **(in thousands)** | **February 28,<br>2026** | **February 28,<br>2025** | **August 31,<br>2025** |
| ASSETS |  |  |  |
| Current assets: |  |  |  |
| &nbsp;&nbsp;Cash and cash equivalents | $186111 | $172044 | $250575 |
| &nbsp;&nbsp;Marketable securities |  | 14676 |  |
| &nbsp;&nbsp;Receivables, net | 134056 | 155440 | 113027 |
| &nbsp;&nbsp;Inventories, net | 144581 | 154605 | 136859 |
| &nbsp;&nbsp;Other current assets | 34463 | 29919 | 32303 |
| Total current assets | 499211 | 526684 | 532764 |
| Property, plant, and equipment, net | 162616 | 124757 | 142307 |
| Intangibles, net | 23008 | 24097 | 23331 |
| Goodwill | 84542 | 83877 | 84459 |
| Operating lease right-of-use assets | 20317 | 17583 | 18096 |
| Deferred income tax assets | 22873 | 11930 | 19525 |
| Equity method investment | 8400 | 7452 | 8763 |
| Other noncurrent assets | 16714 | 17805 | 11591 |
| Total assets | $837681 | $814185 | $840836 |
| LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |
| Current liabilities: |  |  |  |
| &nbsp;&nbsp;Accounts payable | $55231 | $57612 | $48670 |
| &nbsp;&nbsp;Current portion of long-term debt | 148 | 231 | 233 |
| &nbsp;&nbsp;Other current liabilities | 109908 | 87044 | 94689 |
| Total current liabilities | 165287 | 144887 | 143592 |
| Pension benefits liabilities | 3283 | 4040 | 3418 |
| Long-term debt | 114804 | 114903 | 114810 |
| Operating lease liabilities | 19528 | 17063 | 17354 |
| Deferred income tax liabilities | 2177 | 637 | 1024 |
| Other noncurrent liabilities | 24839 | 16236 | 27788 |
| Total liabilities | 329918 | 297766 | 307986 |
| Shareholders' equity: |  |  |  |
| &nbsp;&nbsp;Preferred stock |  |  |  |
| &nbsp;&nbsp;Common stock | 19198 | 19155 | 19167 |
| &nbsp;&nbsp;Capital in excess of stated value | 116002 | 107869 | 113042 |
| &nbsp;&nbsp;Retained earnings | 766201 | 723008 | 745397 |
| &nbsp;&nbsp;Less treasury stock - at cost | (366713) | (301119) | (311224) |
| &nbsp;&nbsp;Accumulated other comprehensive loss, net | (26925) | (32494) | (33532) |
| &nbsp;&nbsp;Total shareholders' equity | 507763 | 516419 | 532850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and shareholders' equity | $837681 | $814185 | $840836 |

---

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| | | |
|:---|:---|:---|
| **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** | **LINDSAY CORPORATION AND SUBSIDIARIES** |
| **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** | **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** | **CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Six months ended** | **Six months ended** |
| **(in thousands)** | **February 28, 2026** | **February 28, 2025** |
| CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |
| &nbsp;&nbsp;Net earnings | 28569 | 43739 |
| &nbsp;&nbsp;Adjustments to reconcile net earnings to net cash provided by operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization | 11162 | 10608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for uncollectible accounts receivable | (56) | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes | 7140 | 785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Share-based compensation expense | 3023 | 3954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unrealized foreign currency transaction gain | (657) | (564) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other, net | (828) | (122) |
| &nbsp;&nbsp;Changes in assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivables | (20820) | (40206) |
| &nbsp;&nbsp;&nbsp;&nbsp;Inventories | (4823) | (2419) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other current assets | (1125) | 2874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 5063 | 20685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other current liabilities | (4008) | (5479) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other noncurrent assets and liabilities | 1326 | (72) |
| &nbsp;&nbsp;Net cash provided by operating activities | 23966 | 33880 |
| CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |
| &nbsp;&nbsp;Purchases of property, plant, and equipment | (27461) | (18918) |
| &nbsp;&nbsp;Purchases of marketable securities |  | (14676) |
| &nbsp;&nbsp;Purchase of equity method investment |  | (5815) |
| &nbsp;&nbsp;Proceeds from settlement of net investment hedge |  | 835 |
| &nbsp;&nbsp;Payments for settlement of net investment hedge |  | (98) |
| &nbsp;&nbsp;Other investing activities, net | (1238) | (559) |
| &nbsp;&nbsp;Net cash used in investing activities | (28699) | (39231) |
| CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |
| &nbsp;&nbsp;Repurchase of common shares | (55489) | (1427) |
| &nbsp;&nbsp;Dividends paid | (7765) | (7824) |
| &nbsp;&nbsp;Common stock withheld for payroll tax obligations | (1253) | (1450) |
| &nbsp;&nbsp;Proceeds from exercise of stock options | 805 | 668 |
| &nbsp;&nbsp;Other financing activities, net | 299 | 248 |
| &nbsp;&nbsp;Net cash used in financing activities | (63403) | (9785) |
| &nbsp;&nbsp;Effect of exchange rate changes on cash and cash equivalents | 3672 | (3699) |
| &nbsp;&nbsp;Net change in cash and cash equivalents | (64464) | (18835) |
| &nbsp;&nbsp;Cash and cash equivalents, beginning of period | 250575 | 190879 |
| &nbsp;&nbsp;Cash and cash equivalents, end of period | $186111 | $172044 |

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## Exhibit 99.2

![Slide 1](lnn-ex99_2s1.jpg)

2nd Quarter Fiscal 2026 Earnings Presentation Exhibit 99.2

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![Slide 2](lnn-ex99_2s2.jpg)

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 results and planned financing. You can find a discussion of many of these risks and uncertainties in the annual, quarterly and current reports that the Company files with the Securities and Exchange Commission. Investors should understand that a number of factors could cause future economic and industry conditions and the Company's actual financial condition and results of operations to differ materially from management's beliefs expressed in the forward-looking statements contained in this presentation. These factors include those outlined in the "Risk Factors" section of the Company's most recent annual report on Form 10-K filed with the Securities and Exchange Commission, and investors are urged to review these factors when considering the forward-looking statements contained in this presentation. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. For additional financial statement information, please see the Company's earnings release dated April 2, 2026.

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![Slide 3](lnn-ex99_2s3.jpg)© 2026 Lindsay Corporation Key Highlights Deliveries began for the $80.0 million irrigation and technology project in the MENA region Irrigation revenues decreased 5 percent as market uncertainty persists Continued growth in road safety products with Infrastructure revenue up 6 percent, excluding Road Zipper System project that was included in the prior year Completed $25.2 million of share repurchases during the quarter, bringing total repurchases to $55.5 million for the fiscal year

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![Slide 4](lnn-ex99_2s4.jpg)

Second Quarter Summary© 2026 Lindsay Corporation Revenues decreased $29.3 million, or 16 percent, compared to the prior year Irrigation decreased $6.9 million Infrastructure decreased $22.4 million Operating income decreased $19.1 million, or 59 percent, compared to the prior year Diluted earnings per share decreased $1.29 per share, or 53 percent, compared to the prior year -16% -59% -53% Revenue Operating Income (with operating margin) Diluted EPS $ in millions, except per share amounts

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![Slide 5](lnn-ex99_2s5.jpg)

Irrigation – Current Market Factors© 2026 Lindsay Corporation In February, the USDA estimated 2026 U.S. net farm income to be $153.4 billion, a decrease of 1 percent from 2025 U.S. net farm income of $154.5 billion The projected decrease is mainly driven by an expected decrease in cash receipts of 3 percent and is partially offset by an increase in government support payments In December, $12.0 billion Farm Bridge Assistance Program announced $11.0 billion to support row crop farmers with payments beginning in the first calendar quarter of 2026 U.S. trade disruption with China negatively impacts export market for U.S. commodities The One Big Beautiful Bill Act was signed into law July 4, 2025 Extends provisions of the 2017 Tax Act, including accelerated depreciation of equipment purchases Extends key commodity support programs under the Farm Bill, which expired September 30, 2025 Demand for irrigation equipment in Brazil remains suppressed High interest rates and ongoing credit constraints remain as headwinds Commodity price pressure remains due to record harvests Pipeline of project opportunities in developing international markets continues to be robust, driven by secular megatrends of food security and water conservation

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![Slide 6](lnn-ex99_2s6.jpg)

Irrigation Segment – Second Quarter Summary© 2026 Lindsay Corporation North America revenue of $71.0 million decreased 8 percent Lower unit sales volume compared to the prior year, due to unfavorable commodity markets and tempered farmer sentiment Higher average selling prices compared to the prior year Unit sales volume breakdown by category: Replacement 44%, Conversion 28%, Dryland 28% International revenue of $70.2 million decreased 1 percent Lower unit sales volume, along with elevated interest rates and credit constraints limit farmers' capital investments in Brazil Lower revenues in the MENA region due to project timing Favorable effects of foreign currency translation of $4.0 million Operating income of $19.5 million decreased 29 percent Decrease resulted primarily from lower unit sales volume, a higher proportion of international project sales volume and the impact of fixed cost deleverage compared to prior year Revenue -29% -5% Operating Income (with operating margin) 6 $ in millions

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![Slide 7](lnn-ex99_2s7.jpg)

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 of the impact of incremental funding Through January 2026, 85 percent of the IIJA funds have been committed to the states, and 72 percent of the funds have been reimbursed to the states\* The value of state and local government contract awards increased 8-12 percent year to date versus 2025 driven by bridges, tunnels and the rail sector\* The Road Zipper™ project pipeline continues to be actively managed, and project timing remains challenging to predict© 2026 Lindsay Corporation \*Source: American Road and Transportation Builders Association

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![Slide 8](lnn-ex99_2s8.jpg)

Infrastructure Segment – Second Quarter Summary© 2026 Lindsay Corporation Revenue of $16.5 million decreased 58 percent Lower Road Zipper System revenues due to $20 million project in prior year that did not repeat Higher sales of road safety products compared to the prior year Operating income of $1.2 million decreased 91 percent Lower Road Zipper System project revenues compared to the prior year Revenue -91% Operating Income (with operating margin) -58% $ in millions

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![Slide 9](lnn-ex99_2s9.jpg)© 2026 Lindsay Corporation Ample Liquidity to Execute Capital Allocation Priorities $236M Available liquidity CurrentLiquidity 1.09x Gross Debt to EBITDA leverage Substantial Room to Add Leverage No Near-TermDebt Maturities $115M Total Debt 2030 Maturity

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![Slide 10](lnn-ex99_2s10.jpg)

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 annual dividends Opportunistic share repurchase Support Growthand Profitability of Current Businesses Acquisitions Return Capitalto Shareholders

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![Slide 11](lnn-ex99_2s11.jpg)

Innovation Leadership: Addressing Global Megatrends© 2026 Lindsay Corporation Capitalizingon globalmegatrends Megatrends Innovation Leadership Innovative sustainable solutions for growers across the globe Mobilizing global populations safelyand sustainably Food Security Water Scarcity Land Availability Aging Infrastructure Mobility Safety Increased Safety Standards

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![Slide 12](lnn-ex99_2s12.jpg)

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 Improving our operational footprint Empowering and protecting our people Engaging inour local communities Operatingwithintegrity

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![Slide 13](lnn-ex99_2s13.jpg)

Appendix© 2026 Lindsay Corporation

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![Slide 14](lnn-ex99_2s14.jpg)

U.S. Corn Prices Source: Trading Economics© 2026 Lindsay Corporation USD/BU

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![Slide 15](lnn-ex99_2s15.jpg)

U.S. Soybean Prices© 2026 Lindsay Corporation USD/BU Source: Trading Economics

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![Slide 16](lnn-ex99_2s16.jpg)

United States Drought Condition Source: US Drought Monitor, March 2025/2026 2025 2026© 2026 Lindsay Corporation

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![Slide 17](lnn-ex99_2s17.jpg)

Soybean Cash Price Index – Brazil Source:Cepea© 2026 Lindsay Corporation R$/bag

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![Slide 18](lnn-ex99_2s18.jpg)

Brazil Central Bank Interest Rate Source: Trading Economics\| Banco Central do Brasil Percent© 2026 Lindsay Corporation