Corteva, Inc. (CTVA) Income Statement
CTVA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCTVA revenue and net income
Where CTVA's revenue goes
2025Each bar shows an amount and its share of revenue. CTVA kept 6.3% of revenue as net income.
CTVA profit margins
CTVA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.9% | −0.1% | +4.1% | — |
| Gross profit | +11.5% | +5.4% | +7.6% | — |
| Operating income | +25.0% | +10.7% | +25.4% | — |
| Net income | +20.6% | −1.6% | +9.9% | — |
| EPS (diluted) | +30.2% | +7.8% | +17.2% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CTVA quarterly EPS vs estimates
Corteva beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 11, 2026 (estimate $0.09).
CTVA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.40B | $16.91B | $17.23B | $17.45B | $15.65B | $14.22B | $13.85B | $14.29B | $14.24B | $14.04B |
| Cost of revenue | $9.17B | $9.53B | $10.06B | $10.44B | $9.22B | $8.51B | $8.57B | $9.95B | $8.40B | $8.39B |
| Gross profit | $8.23B | $7.38B | $17.23B | $7.02B | $6.43B | $5.71B | $5.27B | $4.34B | $5.84B | $5.65B |
| Research & development | $1.47B | $1.40B | $1.34B | $1.22B | $1.19B | $1.14B | $1.15B | $1.35B | $1.51B | $1.51B |
| Sales, general & admin | $3.49B | $3.20B | $3.30B | $3.17B | $3.21B | $3.04B | $3.06B | $3.04B | $2.97B | $2.94B |
| Total operating expenses | $5.61B | $5.28B | $4.51B | $5.09B | $5.12B | $4.87B | $4.69B | $4.79B | $5.65B | $4.76B |
| Operating income | $2.62B | $2.10B | $941.0M | $1.93B | $1.32B | $843.0M | $584.0M | −$448.0M | $188.0M | $886.0M |
| Interest income | $136.0M | $132.0M | $202.0M | $124.0M | $77.0M | $56.0M | $59.0M | $379.0M | $74.0M | $101.0M |
| Interest expense | $180.0M | $233.0M | $233.0M | $79.0M | $30.0M | $45.0M | $136.0M | $337.0M | $74.0M | $101.0M |
| Income before taxes | $1.69B | $1.27B | $1.09B | $1.43B | $2.35B | $675.0M | −$316.0M | −$6.81B | −$374.0M | $258.0M |
| Income taxes | $484.0M | $412.0M | $152.0M | $210.0M | $524.0M | −$81.0M | −$46.0M | −$31.0M | −$2.52B | −$270.0M |
| Net income | $1.09B | $907.0M | $735.0M | $1.15B | $1.76B | $681.0M | −$959.0M | −$5.07B | $2.53B | $503.0M |
| EBITDA | $3.07B | $2.73B | $941.0M | $2.73B | $3.62B | $1.90B | $1.42B | −$3.68B | $1.24B | $1.58B |
| EPS (diluted) | $3.32 | $2.55 | $2.68 | $2.65 | $2.13 | $1.50 | $1.43 | $0.95 | $3.39 | — |
| Gross margin | 47.3% | 43.6% | 100.0% | 40.2% | 41.1% | 40.2% | 38.1% | 30.4% | 41.0% | 40.2% |
| Operating margin | 15.1% | 12.4% | 5.5% | 11.0% | 8.4% | 5.9% | 4.2% | −3.1% | 1.3% | 6.3% |
| Net margin | 6.3% | 5.4% | 4.3% | 6.6% | 11.2% | 4.8% | −6.9% | −35.5% | 17.8% | 3.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.38B | $4.91B | $3.91B | $2.62B | $6.46B | $4.42B | $3.98B | $2.33B | $6.11B | $4.49B | $3.71B | $2.59B |
| Cost of revenue | $2.91B | $2.37B | $2.25B | $1.64B | $2.93B | $2.34B | $2.50B | $1.56B | $2.92B | $2.55B | $2.37B | $1.65B |
| Gross profit | $3.47B | $2.53B | $1.66B | $974.0M | $3.52B | $2.08B | $1.48B | $761.0M | $3.19B | $1.94B | $1.34B | $944.0M |
| Research & development | $388.0M | $341.0M | $413.0M | $351.0M | $375.0M | $335.0M | $365.0M | $348.0M | $357.0M | $332.0M | $357.0M | $335.0M |
| Sales, general & admin | — | $877.0M | $842.0M | $731.0M | $1.16B | $751.0M | $626.0M | $708.0M | $1.09B | $772.0M | $730.0M | $730.0M |
| Total operating expenses | $1.55B | $1.38B | $1.41B | $1.24B | $1.69B | $1.25B | $1.16B | $1.23B | $1.58B | $1.25B | $1.18B | $1.21B |
| Operating income | $1.92B | $1.16B | $242.0M | −$270.0M | $1.83B | $827.0M | $327.0M | −$465.0M | $1.61B | $697.0M | $165.0M | −$265.0M |
| Interest income | — | $34.0M | $44.0M | $29.0M | $31.0M | $32.0M | $39.0M | $33.0M | $25.0M | $35.0M | $130.0M | $59.0M |
| Interest expense | $47.0M | $36.0M | $46.0M | $46.0M | $52.0M | $36.0M | $60.0M | $66.0M | $66.0M | $41.0M | $62.0M | $58.0M |
| Income before taxes | $1.62B | $858.0M | −$530.0M | −$370.0M | $1.80B | $784.0M | $88.0M | −$633.0M | $1.34B | $482.0M | −$323.0M | −$444.0M |
| Income taxes | $408.0M | $133.0M | $7.0M | −$62.0M | $422.0M | $117.0M | $138.0M | −$114.0M | $282.0M | $106.0M | −$92.0M | −$129.0M |
| Net income | $1.16B | $720.0M | −$552.0M | −$320.0M | $1.31B | $652.0M | −$41.0M | −$524.0M | $1.05B | $419.0M | −$253.0M | −$321.0M |
| EBITDA | $2.25B | $1.19B | −$178.0M | −$24.0M | $2.16B | $1.12B | $450.0M | −$261.0M | $1.72B | $830.0M | $51.0M | −$80.0M |
| EPS (diluted) | $2.30 | $1.50 | $0.22 | −$0.23 | $2.20 | $1.13 | $0.32 | −$0.49 | $1.83 | $0.89 | $0.15 | −$0.23 |
| Gross margin | 54.4% | 51.6% | 42.4% | 37.2% | 54.6% | 47.0% | 37.3% | 32.7% | 52.3% | 43.2% | 36.2% | 36.4% |
| Operating margin | 30.0% | 23.5% | 6.2% | −10.3% | 28.4% | 18.7% | 8.2% | −20.0% | 26.3% | 15.5% | 4.5% | −10.2% |
| Net margin | 18.2% | 14.7% | −14.1% | −12.2% | 20.4% | 14.8% | −1.0% | −22.5% | 17.2% | 9.3% | −6.8% | −12.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CTVA's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CTVA financial results
In fiscal year 2025 (ended December 31, 2025), Corteva reported revenue of $17.4 billion, up 2.9% from the year before. It had net income of $1.1 billion (up 20.6%), a net profit margin of 6.3%. Diluted earnings per share came to $3.32. Over five years revenue grew at an average rate of 4.1% a year.
See the CTVA stock overview for the latest quote and news, or the CTVA chart for price history and technical indicators.
CTVA income statement FAQ
What is Corteva's annual revenue?
Corteva reported total revenue of $17.4 billion for fiscal year 2025, which ended on December 31, 2025. That was up 2.9% from $16.9 billion the previous year.
Is Corteva profitable?
Yes. Corteva reported net income of $1.1 billion in fiscal 2025, a net profit margin of 6.3%; its operating margin was 15.1%.
What is Corteva's gross margin?
Corteva's gross margin was 47.3% in fiscal 2025: for every $100 of revenue, Corteva kept $47 after the direct cost of its products and services.
How much does Corteva spend on research and development?
Corteva spent $1.5 billion on research and development in fiscal 2025, 8.5% of revenue.
How fast is Corteva growing?
Revenue grew 4.1% a year on average over the last five fiscal years, from $14.2 billion to $17.4 billion.
What are Corteva's earnings per share?
Corteva earned $3.32 per diluted share in fiscal 2025, compared with $2.55 a year earlier.
When will Corteva report its next earnings?
Corteva is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Corteva's fiscal year end?
Corteva's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.