Corteva Q1 FY25: where the revenue came from and where it went
The whole income statement of Corteva for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2025
- Reported
- May 8, 2025
Revenue$4.42B
−2% year over year
Gross profit$2.08B
47% margin
Operating profit$0.77B
17% margin
Net profit$0.65B
15% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 4.42 | 100% | −2% |
| Seed | 2.71 | 61% | −2% |
| Crop protection | 1.71 | 39% | −2% |
| Cost of revenue | −2.34 | 53% | |
| Gross profit | 2.08 | 47% margin | +4pp |
| R&D | −0.34 | 8% | +0pp |
| SG&A | −0.75 | 17% | +1pp |
| Other | −0.22 | 5% | +0pp |
| Operating profit | 0.77 | 17% margin | +4pp |
| Tax | −0.12 | ||
| Net profit | 0.65 | 15% margin | +5pp |
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