Corteva

Corteva (CTVA) Q2 2025 Earnings

Reported Aug 6, 2025 at 4:39 PM ET · SEC Source

Q2 25 EPS

$2.20

BEAT +17.09%

Est. $1.88

Q2 25 Revenue

$6.46B

BEAT +2.97%

Est. $6.27B

vs S&P Since Q2 25

+1.1%

BEATING MARKET

CTVA +18.9% vs S&P +17.8%

Market Reaction

Did CTVA Beat Earnings? Q2 2025 Results

Corteva posted a convincing second-quarter beat on Wednesday, with operating EPS of $2.20 coming in 17.09% above the $1.88 consensus estimate as the agricultural sciences company rode strong volume growth across both its Seed and Crop Protection busi… Read more Corteva posted a convincing second-quarter beat on Wednesday, with operating EPS of $2.20 coming in 17.09% above the $1.88 consensus estimate as the agricultural sciences company rode strong volume growth across both its Seed and Crop Protection businesses. Revenue climbed 5.6% year-over-year to $6.46 billion, edging past the $6.27 billion Wall Street had expected, with the Seed segment doing the heavy lifting at $4.54 billion in quarterly sales, fueled by North American corn area expansion and market share gains that pushed corn seed revenue up 10% to $2.96 billion. Crop Protection added to the momentum, with its 31% jump in segment Operating EBITDA reflecting the dual tailwind of raw material deflation and productivity savings. Buoyed by those results and anticipation of a record U.S. Corn crop, Corteva raised its full-year 2025 guidance to net sales of $17.60 billion to $17.80 billion and operating EPS of $3.00 to $3.20 per share, representing roughly 21% growth at the mid-point, with management expressing confidence in its longer-term 2027 financial framework.

Key Takeaways

  • North America corn area expansion and market share gains in Seed
  • Price execution and demand for top technology in Seed
  • Broad-based volume growth in Crop Protection, especially new products, fungicides, spinosyns, and biologicals in Latin America
  • Raw material deflation and productivity savings in Crop Protection
  • Ongoing cost discipline and operational excellence
  • Reduction of net royalty expense
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CTVA YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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CTVA Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26
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CTVA Revenue by Geography

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“In the second quarter, farmers' drive to get the most out of every acre led to higher demand for our best-in-class seed and crop protection solutions. Coupled with our continued focus on cost discipline and operational excellence, this resulted in impressive margin expansion for the quarter. Turning to the first half of the year, growth platforms, cost discipline as well as our leadership of the North America corn and soybean market helped us deliver results that exceeded our expectations. While we continue to navigate a fluid macro environment, we are raising our full year guidance as a result of the strength of our global business and the setup for our Latin American business in the second half. This stronger view of 2025 also underscores our confidence in delivering our 2027 financial framework, and in the value our business offers, both in the short- and long-term.”

— Chuck Magro, Q2 2025 Earnings Press Release