CTVA · 10-Q · 2026Q4 · Full report

Interest Expense Trends

Corteva, Inc. · 2026-11-12 · Importance 40 · Surprise 40

Interest expense increased to $158 million for the nine months ended September 30, 2026 from $134 million in the prior-year period, an increase of approximately 18%. Third-quarter interest expense rose to $75 million from $46 million. The increases were driven by higher commercial paper outstanding, the higher refinancing rate on the May 2026 senior notes, and costs of new credit facilities.

Key facts

• Corteva’s interest expense increases were driven by higher commercial paper outstanding, a higher refinancing rate on the May 2026 senior notes, and the cost of new credit facilities. source
• Corteva’s interest expense was $75 million versus $46 million for the three months ended September 30, 2026 and 2025, respectively, and $158 million versus $134 million for the nine-month periods. source