Income Statement
CORTEVA, INC.
CTVA
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY |
|---|---|---|---|---|---|---|---|
|
Revenue
|
17,401.00 | 16,908.00 | 17,226.00 | 17,455.00 | 15,655.00 | 14,217.00 | 13,846.00 |
|
Cost of Revenue
|
9,172.00 | 9,529.00 | 9,920.00 | 10,436.00 | 9,220.00 | 8,507.00 | 8,575.00 |
|
Gross Profit
|
8,229.00 | 7,379.00 | 7,306.00 | 7,019.00 | 6,435.00 | 5,710.00 | 5,271.00 |
|
Operating Expenses
|
4,966.00 | 4,598.00 | 4,513.00 | 4,389.00 | 4,396.00 | 4,185.00 | 4,212.00 |
|
Research & Development
|
1,474.00 | 1,402.00 | 1,337.00 | 1,216.00 | 1,187.00 | 1,142.00 | 1,147.00 |
|
Selling, General & Administrative
|
3,492.00 | 3,196.00 | 3,176.00 | 3,173.00 | 3,209.00 | 3,043.00 | 3,065.00 |
|
Other Operating Expenses
|
- | - | - | - | - | - | - |
|
Operating Income
|
3,263.00 | 2,781.00 | 2,793.00 | 2,630.00 | 2,039.00 | 1,525.00 | 1,059.00 |
|
Non-Operating Income
|
-570.00 | -261.00 | -448.00 | -60.00 | 1,348.00 | 212.00 | 215.00 |
|
Interest Income
|
136.00 | 132.00 | 283.00 | 124.00 | 77.00 | 56.00 | 59.00 |
|
Interest Expense
|
- | - | 20.00 | - | - | - | - |
|
Other Non-Op Income / Expense
|
13.00 | 15.00 | 10.00 | 20.00 | 14.00 | 0.00 | -9.00 |
|
Income Before Tax
|
1,688.00 | 1,314.00 | 1,093.00 | 1,426.00 | 2,346.00 | 675.00 | -316.00 |
|
Income Tax Expense
|
584.00 | 367.00 | 358.00 | 279.00 | 587.00 | -6.00 | 608.00 |
|
Non-Controlling Interest
|
11.00 | 12.00 | 12.00 | - | 10.00 | 20.00 | 18.00 |
|
Net Income
|
1,104.00 | 947.00 | 735.00 | 1,147.00 | 1,759.00 | 681.00 | -1,030.00 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY | Dec 31, 2019 2019 FY |
|---|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - | - |
|
EBITDA
|
4,466.00 | 4,008.00 | 4,004.00 | 3,853.00 | 3,282.00 | 2,702.00 | 2,658.00 |
|
Earnings Per Share (Basic)
|
1.60 | 1.31 | 1.04 | 1.59 | 2.39 | 0.91 | -1.28 |
|
Diluted EPS
|
1.60 | 1.30 | 1.03 | 1.58 | 2.37 | 0.91 | -1.28 |
|
Weighted Average Shares
|
680.00 | 693.70 | 709.00 | 720.80 | 735.90 | 748.70 | 749.50 |
|
Diluted Weighted Avg Shares
|
681.40 | 696.00 | 711.90 | 724.50 | 741.60 | 751.20 | 749.50 |
|
Comprehensive Income
|
1,776.00 | 155.00 | 864.00 | 1,239.00 | 1,751.00 | 1,061.00 | -2,083.00 |