CTVA Q2 2023 Earnings — Corteva, Inc. Revenue & Financial Results | Market Cap Arena

CTVACorteva, Inc.

$52B

Q2 2023 Earnings

Basic Materials Agricultural Inputs

Income Statement

Revenue

$6.0B-3.3% YoY

Gross Profit

$2.9B48.1% margin

Operating Income

$1.3B22.0% margin

Net Income

$714M11.8% margin

EPS (Diluted)

$1.00

QoQ Revenue Growth

+23.8%

Cash Flow

Operating Cash Flow

$807M

Free Cash Flow

$708M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.2B

Total Liabilities

$17.7B

Stockholders' Equity

$26.2B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$6.3B	-3.3%
Gross Profit	$2.9B	$2.9B	-0.7%
Operating Income	$1.3B	$1.4B	-7.4%
Net Income	$714M	$969M	-26.3%

Revenue Segments

Seed

$2.7B73%

Crop Protection

$986M27%