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Corteva, Inc.

For the period ended Jun 30, 2026. Filed Jul 31, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Jul 31, 2026

CTVA$11.90-1.2%Stored close · as of Nov 6, 2026

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Contents

Overview

The following is a summary of results from continuing operations for the three months ended June 30, 2026:

The company reported net sales of $6,379 million, down 1 percent versus the same quarter last year, reflecting a 3 percent decrease in volume, partially offset by a 1 percent increase in price and a 1 percent favorable impact from currency.

Cost of goods sold totaled $2,718 million in thesecond quarter of 2026, down from $2,932 million in thesecond quarter of 2025, which wasdriven by ongoing cost and productivity actions, a reduction in net royalty expense and lower volumes.

Restructuring and asset related charges - net were $49 million in the second quarter of 2026, a decrease from $79 million in the second quarter of 2025. The charges for the three months ended June 30, 2026 were primarily comprised of severance and related benefit costs, asset related charges, decommissioning and demolition costs and contract terminations under the Crop Protection Operations Strategy Restructuring Program.

Income (loss) from continuing operations after income taxes was $1,217 million, as compared to $1,382 million in the same quarter last year.

Operating EBITDA was $2,261 million for the three months ended June 30, 2026, up from $2,164 million for the three months ended June 30, 2025, primarily driven bymore favorable pricing and mix, reductions in net royalty expense, ongoing cost and productivity actions and favorable impact of currency, partially offset by lower volumes and higher research and development expenses. Refer to the company's non-GAAP financial measures for further discussion.

The following is a summary of results from continuing operations for the six months ended June 30, 2026:

The company reported net sales of$11,284 million, up 4 percent versus the same period last year, reflecting a 1 percent increase in volume, a 1 percent increase in price and a 2 percent favorable impact from currency.

Cost of goods sold totaled$5,090 million in thesix months ended June 30, 2026, down from$5,274 million for thesix months ended June 30, 2025, which wasdriven by reductions in net royalty expense and ongoing cost and productivity actions, partially offset by higher volumes.

Restructuring and asset related charges - net were $141 million for the six months ended June 30, 2026, an increase from $101 million for the six months ended June 30, 2025. The charges for the six months ended June 30, 2026 were primarily comprised of severance and related benefit costs under the 2026 Restructuring Actions, along with severance and related benefit costs, asset related charges, decommissioning and demolition costs and contract terminations under the Crop Protection Operations Strategy Restructuring Program.

Income (loss) from continuing operations after income taxes was $1,942 million, as compared to $2,049 million in the same period last year.

Operating EBITDA was $3,699 million for the six months ended June 30, 2026, up from $3,353 million for the six months ended June 30, 2025, primarily driven bymore favorable pricing and mix, volume growth, reductions in net royalty expense, ongoing cost and productivity actions and favorable impact of currency, partially offset by higher selling, administrative and research and development expenses, including higher bad debt. Refer to the company's non-GAAP financial measures for further discussion.

In addition to the financial highlights above, the following event occurred during the six months ended June 30, 2026:

The company returned approximately $740 million to shareholders during the six months ended June 30, 2026 under its previously announced share repurchase programs and through common stock dividends.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.