Form 8-K

8-K — LINDSAY CORP

Accession: 0001193125-26-428293

Filed: 2026-10-22

Period: 2026-10-20

CIK: 0000836157

SIC: 3523 (FARM MACHINERY & EQUIPMENT)

Item: Results of Operations and Financial Condition

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

8-K — lnn-20261020.htm (Primary)

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8-K

8-K (Primary)

Filename: lnn-20261020.htm · Sequence: 1

8-K

0000836157false00008361572026-10-202026-10-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

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

Date of Report (Date of earliest event reported): October 20, 2026

Lindsay Corporation

(Exact name of Registrant as Specified in Its Charter)

Delaware

1-13419

47-0554096

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

18135 Burke Street

Suite 100

Omaha, Nebraska

68022

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (402) 829-6800

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

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:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock, $1.00 par value

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. ☐

Item 2.02 Results of Operations and Financial Condition.

On October 22, 2026, Lindsay Corporation (the “Company”) issued a press release announcing the Company’s results of operations for its fourth quarter and fiscal year ended August 31, 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 fourth quarter and year-end investor conference call at 11:00 a.m. Eastern Time on October 22, 2026 is furnished herewith as Exhibit 99.2.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 20, 2026, the Human Resources and Compensation Committee of the Board of Directors (the “Committee”) of Lindsay Corporation (the “Company”) adopted the Management Incentive Plan for the Company’s fiscal year ending August 31, 2027 (the “2027 MIP”) under which the Company’s senior officers can earn annual cash incentive awards. Each current senior officer who will be a named executive officer in the Company’s proxy statement for its fiscal 2027 annual meeting is a participant in the 2027 MIP.

The 2027 MIP establishes target bonus amounts for each participating officer ranging from 35% to 100% of such officer’s base salary. Participants are eligible for awards of between 0% and 200% of their target bonus depending on the achievement of certain Company financial performance criteria and individual performance criteria. The Company financial performance component and individual performance component are weighted as 80% and 20% of the overall performance criteria for each participant, respectively. The Company financial performance component is based on achieving stated goals for fiscal 2027 revenue, operating margin percentage, and free cash flow, with target bonuses for these subcomponents keyed to the Company’s fiscal 2027 operating budget. The amount of bonus awarded under the individual performance component is dependent upon an officer’s personal performance as evaluated using individual or team performance objectives established by the Committee for each participating officer.

Item 9.01 Financial Statements and Exhibits.

99.1 Earnings Press Release, dated October 22, 2026, issued by the Company.

99.2 Slide Presentation for Fiscal 2026 Fourth Quarter and Year-End Investor Conference Call on October 22, 2026.

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.

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:

October 22, 2026

By:

/s/ Brett R. Coburn

Brett R. Coburn, Vice President, Chief Accounting Officer and Co-Interim Chief Financial Officer

EX-99.1

Filename: lnn-ex99_1.htm · Sequence: 2

EX-99.1

Exhibit 99.1

18135 BURKE ST. OMAHA, NE 68022 TEL: 402-829-6800 FAX: 402-829-6836

Lindsay Corporation Reports Fourth Quarter and Fiscal Year 2026 Results

OMAHA, Neb., October 22, 2026—Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced results for its fourth quarter and fiscal year, which ended on August 31, 2026.

Key Highlights

Fourth Quarter:

•

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 income increased 39 percent to $15.8 million

Full-Year:

•

North America irrigation revenues decreased 4 percent as challenging market conditions persisted

•

Delivered approximately $70 million of the $80 million project in the Middle East North Africa region

•

Infrastructure revenues decreased 13 percent, as a $20.0M Road Zipper project in the prior year did not repeat

•

Returned $96.1 million to shareholders through $80.7 million of share repurchases and $15.4 million of dividends

“North America irrigation revenue and unit volume increased in the fourth quarter, supported by stronger commodity prices and improving farmer sentiment," said Randy Wood, President and Chief Executive Officer. "In the Middle East North Africa (MENA) region we completed delivery of approximately $70 million of the $80 million project that began in our fiscal second quarter. We expect to recognize the majority of the remaining $10 million in services revenue over the next 12 to 24 months. In Brazil, limited credit availability and low farmer profitability continued to pressure demand. We continue to be encouraged by the strong performance across our infrastructure business, which delivered double-digit percent revenue and operating income growth in the fourth quarter, supported by road safety products' third consecutive quarter of growth."

Mr. Wood continued, "I'm pleased with the dedication and resiliency of our global team as we continue to demonstrate strong execution despite a volatile macro-economic environment. During the quarter, we took additional actions to better align our cost structure with current market demand and support margins. In June, we implemented a global restructuring that reduced our workforce, which we expect to generate approximately $8.0 million of net annualized savings. We remain focused on strengthening our operating performance, while investing in opportunities that support sustainable, long-term shareholder value creation. In fiscal 2026, we returned $96.1 million to shareholders through share repurchases and dividends, while also funding the largest capital investment in our history at our Lindsay, Nebraska facility. During the year, we announced a new share repurchase authorization of $150.0 million, of which $100.0 million remained available at the end of the fiscal year."

Fourth Quarter Summary

Consolidated Financial Summary

Fourth Quarter

(dollars in millions, except per share amounts)

FY 2026

FY 2025

$ Change

% Change

Total revenues

$161.6

$153.6

$8.0

Operating income

$15.8

$11.3

$4.5

39%

Operating margin

9.8%

7.4%

Net earnings

$11.3

$10.8

$0.5

Earnings per share

$1.10

$0.99

$0.11

11%

Revenues for the fourth quarter of fiscal 2026 were $161.6 million, an increase of $8.0 million, or 5 percent, compared to revenues of $153.6 million in the prior year. North America irrigation revenues and infrastructure segment revenues were higher, while international irrigation revenues were comparable to the prior year.

Operating income for the fourth quarter of fiscal 2026 was $15.8 million, an increase of $4.5 million, or 39 percent, compared to operating income of $11.3 million in the prior year. Operating margin was 9.8 percent of sales, compared to

7.4 percent of sales in the prior year. The increase in operating income and operating margin resulted from higher revenues and lower operating expenses compared to the prior year.

Net earnings for the fourth quarter of fiscal 2026 were $11.3 million, an increase of $0.5 million, or 4 percent, compared with net earnings of $10.8 million in the prior year. Diluted earnings per share for the quarter of $1.10 reflected an increase of 11 percent compared with diluted earnings per share of $0.99 in the prior year. The year-over-year increase in net earnings resulted from higher operating income, which was partially offset by a higher effective tax rate and lower other income compared to the prior year.

Fourth Quarter Segment Results

Irrigation Segment

Fourth Quarter

(dollars in millions)

FY 2026

FY 2025

$ Change

% Change

Revenues:

North America

$55.4

$50.0

$5.4

11%

International

$78.3

$79.0

($0.6)

(1%)

Total revenues

$133.7

$129.0

$4.7

Operating income

$17.3

$17.7

($0.4)

(2%)

Operating margin

12.9%

13.7%

Irrigation segment revenues for the fourth quarter of fiscal 2026 were $133.7 million, an increase of $4.7 million, or 4 percent, compared to $129.0 million in the prior year. North America irrigation revenues of $55.4 million increased $5.4 million, or 11 percent, compared to the prior year. The increase in revenues resulted primarily from higher unit sales volume while average selling prices were comparable to the prior year.

International irrigation revenues for the fourth quarter of fiscal 2026 of $78.3 million were comparable to the prior year. Increases in the MENA region and other developed markets were offset by a decrease in Brazil. Revenues in the current year quarter were favorably impacted by the effects of foreign currency translation of approximately $2.4 million compared to the prior year.

Irrigation segment operating income for the fourth quarter of fiscal 2026 of $17.3 million was comparable to the prior year. Operating margin was 12.9 percent of sales, compared to 13.7 percent in the prior year. The decrease in operating margin resulted primarily from higher input costs, which was partially offset by reductions in operating expenses compared to the prior year.

Infrastructure Segment

Fourth Quarter

(dollars in millions)

FY 2026

FY 2025

$ Change

% Change

Total revenues

$27.8

$24.5

$3.3

13%

Operating income

$5.0

$3.5

$1.4

41%

Operating margin

17.9%

14.4%

Infrastructure segment revenues for the fourth quarter of fiscal 2026 were $27.8 million, an increase of $3.3 million, or 13 percent, compared to $24.5 million in the prior year. The increase was primarily driven by higher sales of road safety products, which was partially offset by lower Road Zipper System™ sales and lease revenues compared to the prior year.

Infrastructure segment operating income for the fourth quarter of fiscal 2026 was $5.0 million, an increase of $1.4 million, or 41 percent, compared to $3.5 million in the prior year. Operating margin was 17.9 percent of sales, compared to 14.4 percent of sales in the prior year. The increase in operating income and operating margin resulted from increased revenue and a more favorable margin mix of revenues compared to the prior year.

Full-Year Summary

Consolidated Financial Summary

Full-Year

(dollars in millions, except per share amounts)

FY 2026

FY 2025

$ Change

% Change

Total revenues

$635.9

$676.4

($40.5)

(6%)

Operating income

$66.9

$88.1

($21.2)

(24%)

Operating margin

10.5%

13.0%

Net earnings

$55.7

$74.1

($18.4)

(25%)

Earnings per share

$5.33

$6.78

($1.45)

(21%)

Revenues for fiscal 2026 were $635.9 million, a decrease of $40.5 million, or 6 percent, compared to revenues of $676.4 million in the prior year. Irrigation revenues decreased $26.5 million primarily due to lower comparative project sales in the MENA region and lower sales volume in North America and Brazil. Infrastructure revenues decreased $14.0 million, primarily due to lower Road Zipper System project sales as the prior year included a $20.0 million project that did not repeat. The decrease was partially offset by higher sales of road safety products compared to the prior year.

Operating income for fiscal 2026 was $66.9 million, a decrease of $21.2 million, or 24 percent, compared to operating income of $88.1 million in the prior year. Operating margin was 10.5 percent of sales, compared to 13.0 percent of sales in the prior year. The decrease in operating income resulted primarily from lower revenues in both segments. Irrigation segment operating margin decreased primarily due to lower unit volume and the resulting lower fixed cost absorption as well as higher input costs. Infrastructure operating margin decreased primarily due to a $20.0 million Road Zipper project in the prior year that did not repeat.

Net earnings for fiscal 2026 were $55.7 million, a decrease of $18.4 million, or 25 percent, compared to net earnings of $74.1 million in the prior year. Diluted earnings per share for fiscal 2026 of $5.33 reflects a decrease of 21 percent compared to $6.78 in the prior year. The decrease in net earnings resulted from lower operating income and a higher effective tax rate, both of which were partially offset by higher other income compared to the prior year.

The backlog of unfilled orders as of August 31, 2026, was $102.5 million compared with $110.7 million on August 31, 2025. Included in these backlogs are amounts of $17.6 million and $9.8 million, respectively, for orders not expected to be fulfilled within the subsequent twelve months. The decrease in backlog is primarily attributed to deliveries relating to the large irrigation projects in the MENA region.

Outlook

Mr. Wood concluded, “During our fourth quarter, we saw encouraging signs for forward crop prices, improving farmer sentiment in the near-term in North America, however, it is still too early to forecast significant recovery. We expect demand for irrigation equipment in North America to remain tempered until the outlook for commodity prices and farm income improves. In Brazil, high interest rates and ongoing credit constraints remain as headwinds. We're managing the business with discipline through these headwinds so that we're well-positioned when financing conditions improve. Brazil remains central to our long-term international growth, and our planned acquisition of Setorial Irrigação further expands our irrigation portfolio and strengthens our position in the Brazilian market. While we expect difficult year-over-year comparisons in the international irrigation project markets in fiscal 2027, we remain optimistic about the long-term opportunities driven by the growing need to improve food security and water conservation."

"In our infrastructure business, we anticipate sustained growth in road safety products, supported by the new road safety solutions we've recently introduced in the market. We anticipate Road Zipper System leasing to be comparable to this fiscal year, while we continue to actively manage Road Zipper System projects through the sales funnel."

Fourth Quarter Conference Call

Lindsay’s fiscal 2026 fourth 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 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:

LINDSAY CORPORATION:

Alpha IR:

Alicia Pfeifer

Joe Caminiti

Vice President, Business Finance

312-445-2870

402-933-6429

LNN@alpha-ir.com

Alicia.Pfeifer@lindsay.com

LINDSAY CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

(Unaudited)

Three Months Ended August 31,

Years Ended August 31,

(in thousands, except per share amounts)

2026

2025

2026

2025

Operating revenues

161,566

153,559

635,863

676,368

Cost of operating revenues

118,066

108,854

452,080

465,588

Gross profit

43,500

44,705

183,783

210,780

Operating expenses:

Selling expense

10,402

10,462

42,258

41,740

General and administrative expense

13,669

17,723

57,598

62,986

Engineering and research expense

3,636

5,195

17,002

17,930

Total operating expenses

27,707

33,380

116,858

122,656

Operating income

15,793

11,325

66,925

88,124

Other income (expense):

Interest income, net

2,272

2,053

9,890

5,885

Other expense, net

(781

)

244

(1,500

)

574

Total other income

1,491

2,297

8,390

6,459

Earnings before income taxes

17,284

13,622

75,315

94,583

Income tax expense

6,020

2,809

19,662

20,531

Net earnings

11,264

10,813

55,653

74,052

Earnings per share:

Basic

1.11

1.01

5.35

6.82

Diluted

1.10

0.99

5.33

6.78

Shares used in computing earnings per share:

Basic

10,169

10,857

10,397

10,859

Diluted

10,219

10,928

10,436

10,918

Cash dividends declared per share

0.38

0.37

1.49

1.45

LINDSAY CORPORATION AND SUBSIDIARIES

SUMMARY OPERATING RESULTS

(Unaudited)

Three Months Ended August 31,

Years Ended August 31,

(in thousands)

2026

2025

2026

2025

Operating revenues:

Irrigation:

North America

55,400

50,046

262,104

273,839

International

78,343

78,984

279,346

294,161

Irrigation total

133,743

129,029

541,450

568,000

Infrastructure

27,823

24,530

94,413

108,368

Total operating revenues

161,566

153,559

635,863

676,368

Operating income:

Irrigation

17,313

17,697

80,081

96,963

Infrastructure

4,973

3,533

16,033

26,338

Corporate

(6,493

)

(9,906

)

(29,189

)

(35,177

)

Total operating income

15,793

11,325

66,925

88,124

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, repair and replacement parts for irrigation systems and controls, and large diameter steel tubing, 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 movable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, railroad signals and structures, and technology to monitor critical safety infrastructure on roadways.

LINDSAY CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(in thousands)

August 31,

2026

August 31,

2025

ASSETS

Current assets:

Cash and cash equivalents

189,836

250,575

Receivables, net of allowance of $5,883 and $6,089, respectively

111,201

113,027

Inventories, net

135,229

136,859

Other current assets

35,331

32,303

Total current assets

471,597

532,764

Property, plant, and equipment, net

170,929

142,307

Intangible assets, net

22,300

23,331

Goodwill

84,446

84,459

Operating lease right-of-use assets

19,412

18,096

Deferred income tax assets

17,422

19,525

Equity method investment

8,370

8,763

Other noncurrent assets

20,626

11,591

Total assets

815,102

840,836

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Accounts payable

56,940

48,670

Current portion of long-term debt

—

233

Other current liabilities

92,877

94,689

Total current liabilities

149,817

143,592

Pension benefits liabilities

3,163

3,418

Long-term debt

114,829

114,810

Operating lease liabilities

18,128

17,354

Deferred income tax liabilities

967

1,024

Other noncurrent liabilities

22,537

27,788

Total liabilities

309,441

307,986

Shareholders' equity:

Preferred stock

—

Common stock

19,200

19,167

Capital in excess of stated value

118,796

113,042

Retained earnings

785,658

745,397

Less treasury stock - at cost, 9,030 and 8,363 shares, respectively

(391,962

)

(311,224

)

Accumulated other comprehensive loss, net

(26,031

)

(33,532

)

Total shareholders' equity

505,661

532,850

Total liabilities and shareholders' equity

815,102

840,836

LINDSAY CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Years Ended August 31,

($ in thousands)

2026

2025

CASH FLOWS FROM OPERATING ACTIVITIES:

Net earnings

55,653

74,052

Adjustments to reconcile net earnings to net cash provided by operating activities:

Depreciation and amortization

23,061

20,896

Provision for uncollectible accounts receivable

261

1,725

Deferred income taxes

10,904

(1,433

)

Share-based compensation expense

5,614

8,059

Foreign currency transaction loss

(770

)

(718

)

Other, net

1,168

(2,669

)

Changes in assets and liabilities:

Receivables

1,739

3,448

Inventories

4,234

19,090

Other current assets

(3,389

)

(784

)

Accounts payable

(316

)

11,115

Other current liabilities

(14,002

)

(4,422

)

Other noncurrent assets and liabilities

(9,237

)

4,551

Net cash provided by operating activities

74,920

132,910

CASH FLOWS FROM INVESTING ACTIVITIES:

Purchases of property, plant and equipment

(40,172

)

(42,496

)

Purchases of marketable securities available-for-sale

—

(14,676

)

Proceeds from maturities of marketable securities available-for-sale

—

15,000

Purchase of equity method investment

—

(5,813

)

Proceeds from settlement of net investment hedge

220

835

Payments for settlement of net investment hedge

(1,746

)

(98

)

Other investing activities, net

(1,119

)

(1,326

)

Net cash used in investing activities

(42,817

)

(48,574

)

CASH FLOWS FROM FINANCING ACTIVITIES:

Repurchase of common shares

(80,738

)

(11,532

)

Dividends paid

(15,392

)

(15,748

)

Proceeds from exercise of stock options

805

1,507

Common stock withheld for payroll tax obligations

(1,253

)

(1,450

)

Other financing activities, net

356

372

Net cash used in financing activities

(96,222

)

(26,851

)

Effect of exchange rate changes on cash and cash equivalents

3,380

2,211

Net change in cash and cash equivalents

(60,739

)

59,696

Cash and cash equivalents, beginning of period

250,575

190,879

Cash and cash equivalents, end of period

189,836

250,575

SUPPLEMENTAL CASH FLOW INFORMATION

Accrual of unpaid property, plant and equipment

9,483

1,022

EX-99.2

Filename: lnn-ex99_2.htm · Sequence: 3

4th Quarter Fiscal 2026 Earnings Presentation Exhibit 99.2

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 October 22, 2026.

© 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 income increased 39 percent to $15.8 million

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 $0.11, or 11 percent, to $1.10 +5% +39% +11% Revenue Operating Income (with operating margin) Diluted EPS $ in millions, except per share amounts

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 $1.45, or 21 percent, to $5.33 -6% -24% -21% Revenue Operating Income (with operating margin) Diluted EPS $ in millions, except per share amounts

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 by an increase in government support payments In December 2025, $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 Through October 2026, 89% of the funds were disbursed with row crop acres receiving the largest share of payments In May 2026, China agreed to purchase $17.0 billion annually of U.S. agricultural products through 2028, in addition to existing soybean commitments The One Big Beautiful Bill Act was signed into law July 4, 2025 Extends provisions of the 2017 Tax Cuts and Jobs Act, including accelerated depreciation for qualifying equipment purchases Reauthorizes and enhances key commodity support programs under the Farm Bill, through 2031 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

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%, Conversion 26%, Dryland 24% International revenue of $78.3 million was comparable to the prior year Growth in MENA and other developed markets was offset by lower demand in Brazil Favorable effects of foreign currency translation of $2.4 million Operating income of $17.3 million was comparable to the prior year Operating margin was 12.9 percent compared with 13.7 percent in the prior year Higher input costs were partially offset by lower operating expenses Revenue -2% +4% Operating Income (with operating margin) 7 $ in millions

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 in Brazil's expanding irrigation market and increasing our share of the global mechanized irrigation market across pivots, laterals and hose reels. GROWTH OPPORTUNITIES Opportunity to sell Setorial hose reels through Lindsay's national dealer network, expand Zimmatic pivots to Setorial's base of mills, cooperatives and growers in the region, and extend Setorial into the broader Latin American market through Lindsay's existing channel. CONTINUITY AT CLOSING Setorial is expected to retain its brand, Limeira plant, team and existing leadership, with uninterrupted product, parts and technical support. + Two-way cross sell

Lindsay's dealer network and Setorial's customer base create new opportunities for both product lines. + Complete portfolio

Center pivots serve larger fixed areas; mobile hose reels cover irregular, temporary or smaller areas and can work alongside pivots. + Continuity + growth

Lindsay’s global scale, resources and 70 years of irrigation experience provide a platform for Setorial’s long-term growth.

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 Inflation on material prices and labor costs have offset some of the impact of incremental funding Through July 2026, states had committed $293.9 billion, approximately 85 percent, of the IIJA’s $347.5 billion in highway and bridge formula funds to roughly 127,400 projects* The value of state and local government transportation contract awards was $165.6 billion for the 12 months ending July 2026, up approximately 16 percent over the prior year* 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

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 percent Operating margin was 17.9 percent compared with 14.4 percent in the prior year, reflecting higher revenue and a more favorable mix Revenue +41% Operating Income (with operating margin) +13% $ in millions

© 2026 Lindsay Corporation Strong Balance Sheet Supports Capital Allocation $239.8M Available liquidity Cash & Cash Equivalents Substantial Room to Add Leverage No Near-TermDebt Maturities $114.8M Long-term debt 2030 Maturity 1.1x Gross Debt to EBITDA leverage

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

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

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 work Supporting communities Operatingwithintegrity

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