CTVA · 10-Q · 2026Q4

Corteva, Inc.

Filed 2026-11-12 · Other · View original filing on EDGAR

Everything CTVA's SEC filings said, ranked

Ranked Events

• Liquidity and Debt PositionImportance 78 · Surprise 74
  At September 30, 2026, Corteva reported total debt of $7.446 billion, up from $4.373 billion a year earlier, and cash, cash equivalents and marketable securities of $3.933 billion. Management attributed the debt…
• Operating Cash Flow TrendsImportance 77 · Surprise 82
  Cash used for operating activities from continuing operations was $3.878 billion for the nine months ended September 30, 2026, versus $941 million in the comparable 2025 period. The $2.937 billion increase in cash use…
• Restructuring and Separation CostsImportance 73 · Surprise 66
  Corteva recorded $158 million of restructuring and asset-related charges in the first nine months of 2026, up from $131 million in the comparable 2025 period; third-quarter charges were $17 million versus $30 million.…
• Strategic Business SeparationImportance 71 · Surprise 60
  On October 1, 2026, Corteva completed the separation of its Seed Business into Vylor through a pro rata dividend-in-kind to Corteva stockholders of all outstanding Vylor common shares. Stockholders eligible for the…
• Other Income (Expense), NetImportance 69 · Surprise 64
  Other expense, net, was $266 million for the nine months ended September 30, 2026, compared with $95 million of other income in the prior-year period, a $361 million adverse swing. The change reflected higher…
• Segment ProfitabilityImportance 59 · Surprise 48
  Seed segment operating EBITDA was a loss of $246 million in third-quarter 2026, compared with a $193 million loss in the prior-year quarter, a 27% deterioration. Lower volume, higher information-technology and…
• Operating Expense TrendsImportance 54 · Surprise 40
  R&D expense rose 13% to $397 million in the third quarter of 2026 from $351 million, and increased to $1,126 million for the first nine months from $1,061 million. The R&D increase supported long-term investment plans…
• Capital AllocationImportance 52 · Surprise 42
  In April 2026, Corteva’s board approved a discretionary contribution of approximately $1.5 billion to its principal U.S. pension plan, due on or before July 31, 2026. Corteva contributed $1,061 million in June 2026 and…
• Crop Protection Product TrendsImportance 47 · Surprise 48
  Third-quarter Crop Protection net sales fell 9%, with particularly sharp declines in fungicides (23%) and biologicals (22%). Fungicide sales also declined 12% and biologicals 17% over the first nine months, with volume…
• Capital Return ProgramImportance 44 · Surprise 24
  Corteva returned approximately $860 million to shareholders during the nine months ended September 30, 2026. The distributions were made through previously announced share repurchase programs and common-stock…
• Crop Protection Market TrendsImportance 42 · Surprise 32
  Crop Protection volume was flat in the first nine months of 2026: growth from new products across all regions was offset by declines in Latin America amid weak market conditions. Pricing declined 4%, with broad pricing…
• Geographic Market CommentaryImportance 42 · Surprise 40
  Latin America was the most pronounced area of weakness: third-quarter net sales fell 19%, driven by a 19% volume decline, while nine-month sales fell 7%, including a 9% volume decline and 4% price decline. Brazil’s…
• FTC Antitrust SettlementImportance 42 · Surprise 60
  The Federal Trade Commission and attorneys general from multiple states sued Corteva and a competitor over alleged anticompetitive conduct involving crop-protection products. In September 2026, Corteva and the FTC…
• Geographic Market PerformanceImportance 42 · Surprise 40
  For the nine months ended September 30, 2026, Seed sales in North America were $5,917 million versus $5,726 million a year earlier, while EMEA sales were $1,468 million versus $1,370 million. Crop Protection sales in…
• Interest Expense TrendsImportance 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…
• PFAS Water SettlementImportance 38 · Surprise 24
  Corteva, EIDP, DuPont and Chemours finalized a Nationwide Water District Settlement in April 2024 for $1.185 billion in aggregate, resolving PFAS drinking-water claims for a defined class of U.S. public water systems.…
• Gross Margin DriversImportance 37 · Surprise 32
  For the nine months ended September 30, 2026, cost of goods sold was $6,624 million, or 48% of net sales, versus $6,918 million, or 51%, in the prior-year period. Third-quarter cost of goods sold was $1,534 million, or…
• North Carolina PFAS SettlementImportance 34 · Surprise 42
  In September 2026, Corteva, DuPont, Chemours, and EIDP settled statewide PFAS and Fayetteville Works-related claims with North Carolina and named counties and local governments. The companies will collectively pay the…
• Outstanding IndebtednessImportance 34 · Surprise 42
  On October 1, 2026, Vylor completed exchange offers in which $1.439 billion aggregate principal amount of EIDP Notes was exchanged for Vylor Notes and ceased to be Corteva debt obligations. At September 30, 2026,…
• Market Demand TrendsImportance 32 · Surprise 32
  Third-quarter 2026 net sales declined 6% year over year as volume fell 6% and price fell 2%, partly offset by 2% favorable currency. Seed volume declined across regions amid North American timing shifts, dry weather in…

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