
(MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the quarterly period ended November 30, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934Commission File Number 1-13419 Lindsay Corporation(Exact name of registrant as specified in its charter) Delaware(State or other jurisdiction ofincorporation or organization) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act: Large accelerated filer☒Non‑accelerated filer☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒As of January 5, 2026, 10,454,669 shares of the registrant’s common stock were outstanding. Lindsay CorporationINDEX FORM 10-Q - 2 -Part I – FINANCIAL INFORMATION3ITEM 1 –Financial Statements3Condensed Consolidated Statements of Earnings for the three months ended November 30, 2025 andNovember 30, 20243Condensed Consolidated Statements of Comprehensive Income for the three months ended November 30,2025 and November 30, 20244Condensed Consolidated Balance Sheets as of November 30, 2025, November 30, 2024, and August 31, 20255Condensed Consolidated Statements of Shareholders’ Equity for the three months ended November 30, 2025and November 30, 20246Condensed Consolidated Statements of Cash Flows for the three months ended November 30, 2025 andNovember 30, 20247Notes to the Condensed Consolidated Financial Statements8ITEM 2 –Management’s Discussion and Analysis of Financial Conditionand Results of Operations16ITEM 3 –Quantitative and Qualitative Disclosures about Market Risk22ITEM 4 –Controls and Procedures22Part II – OTHER INFORMATION23ITEM 1 –Legal Proceedings23ITEM 1A –Risk Factors23ITEM 2 –Unregistered Sales of Equity Securities and Use of Proceeds23ITEM 3 –Defaults Upon Senior Securities23ITEM 4 –Mine Safety Disclosures23ITEM 5 –Other Information23ITEM 6 –Exhibits24SIGNATURES25 Table of Contents LINDSAY CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(Unaudited) LINDSAY CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited) Three months ended($ in thousands)November 30,2025November 30,2024Net earnings$16,524$17,164Other comprehensive income (loss):Defined benefit pension plan adjustment, net of tax2537Foreign currency translation adjustment, net of hedging activities and tax2,686(6,359)Total other comprehensive income (loss), net of tax expense of $390and $608,respectively2,711(6,322)Total comprehensive income$19,235$10,842 LINDSAY CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) Lindsay Corporation and SubsidiariesCONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY($ and shares in thousands, except per share amounts)(Unaudited) LINDSAY CORPORATION AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) LINDSAY CORPORATION AND SUBSIDIARIESNOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)Note 1 – Basis of Presentation The condensed consolidated financial statements are presented in accordance with the rules and regulations of the Securities andExchange Commission (the “SEC”) and do not include all of the disclosures normally required by U.S. generally acceptedaccounting principles (“U.S. GAAP”) as contained in Lindsay Corporation’s (the “Company”) Annual Report on Form 10-K.Accordingly, these condensed consolidated financial statements should be read in conjunction with the consolidated financialstatements and notes thereto included in the Company’s most recent Annual Report on Form 10-K for the fiscal year ended August31, 2025. In the opinion of management, the