• YTD effects replicate quantity positive aspects in each sections, call for for brandnew generation, and outperformance on controllables
• Shorten Coverage YTD effects pushed by means of double-digit quantity enlargement in brandnew merchandise and biologicals
• Seed YTD effects replicate call for for latest hybrids and sorts, sturdy operational execution, and enlargement in out-licensing
• Complete-year 2025 steerage³ raised because of year-to-date efficiency, incremental controllable lever advantages, and energy of enlargement platforms

INDIANAPOLIS, Nov. 4, 2025 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) (“Corteva” or the “Company”) these days reported monetary effects for the 3rd quarter and 9 months ended September 30, 2025.

2025 YTD Highlights

• Internet gross sales greater 4% as opposed to prior yr. Natural¹ gross sales greater 6% in the similar duration with positive aspects in virtually all areas.
• Seed internet gross sales greater 5% and natural¹ gross sales greater 7%. Value/Combine used to be up 3% led by means of North The united states² and EMEA² with persevered execution at the Corporate’s price-for-value technique for brandnew generation choices. Quantity greater 4%, basically reflecting greater corn section in North The united states² and early safrinha deliveries in Latin The united states.
• Shorten Coverage internet gross sales greater 3% and natural¹ gross sales greater 5%. Quantity greater 7%, pushed by means of brandnew merchandise and biologicals call for. Value declined 2% basically because of the marketplace dynamics in Latin The united states.
• GAAP source of revenue and income in line with percentage (EPS) from proceeding operations have been $1.74 billion and $2.54 in line with percentage, respectively.
• Working EBITDA¹ and Working EPS¹ have been $3.40 billion, and $3.11 in line with percentage, respectively.
• The Corporate up to date full-year 2025 steerage³ and expects internet gross sales within the space of $17.7 billion to $17.9 billion. Working EBITDA¹ is predicted to be within the space of $3.8 billion to $3.9 billion. Working EPS¹ is predicted to be within the space of $3.25 to $3.35 in line with percentage.
• The Corporate supplied a initial view³ of 2026 and expects Working EBITDA¹ to be $4.1B on the midpoint of the space.

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“We delivered a robust 3rd quarter around the corporate, reinforcing our conviction that our two companies will proceed to thrive as free crowd corporations.  In Shorten Coverage, call for for differentiated generation and productiveness positive aspects aid margin growth, year Seed continues to get pleasure from its energy in complicated genetics, enlargement in out-licensing and ongoing value self-discipline.

Our deliberate dissolution in the second one part of 2026 is pushed by means of our trust that it’ll develop long-term price, as “New Corteva” and “SpinCo” fortify their positions as marketplace leaders with sharper center of attention, adapted capital allocation methods and greater flexibility.  Till later, we can proceed to shoot on our enlargement platforms and monetary framework as one corporate with a unifying visible: to pressure price for farmers, shareholders, workers and the communities all of us name house.”

Chuck Magro
Important Govt Officer

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Corporate Updates
On October 1, 2025, the Corporate introduced its plan to free into two free crowd corporations: “New Corteva,” concerned with differentiated generation answers in compres coverage, together with biologicals, and “SpinCo,” devoted to complicated genetics and rising applied sciences together with gene modifying, hybrid wheat, and biofuels.  The transaction is predicted to be finished in the second one part of 2026, matter to commonplace approvals.

Strategic Rationale

• Distinct Marketplace Alternatives: The dissolution allows adapted innovation, operational design, and go-to-market methods for each and every corporate.
• Farmer-Centric Flexibility: Each corporations will likely be higher located to bring extra possible choices and severely wanted applied sciences to farmers, maximizing and protective giveover in a dynamic world marketplace.
• Capital Allocation Optimization: Every trade could have the monetary flexibility and centered investment-grade credit score scores to pursue long-term enlargement, each organically and thru acquisitions.

Launching from Energy

• In the course of the first part of 2025, Corteva returned $7 billion in coins to shareholders since 2019.
• Corteva has invested $8.9 billion⁴ in cumulative analysis and construction since 2019.
• Corteva has introduced over 2,500 brandnew Seed and Shorten Coverage merchandise since 2019.

Upcoming Steps

• A devoted dissolution control group has been established.
• The dissolution is meant to qualify as a tax-free transaction for U.S. federal tax functions.
• Management and board transition making plans is ongoing.

Abstract of 3rd Quarter 2025
For the 3rd quarter ended September 30, 2025, internet gross sales greater 13% as opposed to the similar duration terminating yr. Natural¹ gross sales greater 11%.

Quantity used to be up 12% as opposed to prior yr on enlargement in each Shorten Coverage and Seed. Shorten Coverage quantity greater 5% over the prior yr pushed basically by means of call for for brandnew merchandise, herbicides, and biologicals.  Seed quantity greater 27% as opposed to prior yr due basically to early deliveries in Latin The united states in journey of the safrinha season.

Value used to be ill 1% as opposed to prior yr. Seed payment/combine used to be up in just about all areas, offset by means of aggressive payment dynamics in Latin The united states for each Seed and Shorten Coverage.

GAAP source of revenue from proceeding operations next source of revenue taxes used to be a lack of $308 million in 3rd quarter of 2025 in comparison to a lack of $519 million in 3rd quarter of 2024. Working EBITDA¹ for the 3rd quarter of 2025 used to be source of revenue of $49 million, up 149% in comparison to prior yr.

Seed Abstract
Seed internet gross sales have been $917 million in the 3rd quarter of 2025, up from $691 million in the 3rd quarter of 2024. The gross sales build up displays a 27% build up in quantity, a 4% build up in payment/combine, and a 2% favorable forex affect.

Quantity enlargement within the quarter displays early safrinha deliveries in Brazil, medication of corn acres in Argentina and greater corn gross sales in EMEA, in part offset by means of decrease oilseed section in APAC. The rise in payment is due basically to greater out-licensing source of revenue and persevered call for for govern generation. 

Branch working EBITDA used to be a lack of $193 million within the 3rd quarter of 2025, an development of 40% from the 3rd quarter of 2024. Greater corn volumes, royalty source of revenue, and value advantages from productiveness and deflation drove the development as opposed to prior yr, in part offset by means of upper repayment expense, commissions, and analysis expense.  

Seed internet gross sales have been $8.16 billion within the first 9 months of 2025, up 5% from the similar duration of 2024. The gross sales build up displays a three% build up in payment/combine and a 4% build up in quantity, in part offset by means of a 2% adverse forex affect.

Value/Combine positive aspects in maximum areas, led by means of North The united states, display call for for govern generation and the energy of the portfolio, coupled with greater out-licensing source of revenue. Quantity enlargement used to be pushed basically by means of greater corn section and percentage positive aspects in North The united states, an early begin to safrinha deliveries in Brazil, and medication of corn acres in Argentina.  This used to be in part offset by means of decrease soybean section in North The united states. Damaging forex affects have been led by means of the Brazilian Actual and the Canadian greenback.

Branch working EBITDA used to be $2.51 billion for the primary 9 months of 2025, up 18% from the similar duration of 2024. Industrial execution and marketplace percentage positive aspects in North The united states, product combine, relief of internet royalty expense, and ongoing value and productiveness movements greater than offset greater repayment, commissions, analysis expense and the adverse affect of forex. Branch working EBITDA margin stepped forward by means of roughly 340 foundation issues as opposed to the prior-year duration.

Shorten Coverage Abstract
Shorten Coverage internet gross sales have been roughly $1.70 billion within the 3rd quarter of 2025 in comparison to roughly $1.64 billion within the 3rd quarter of 2024. The gross sales build up over the prior duration displays a 5% build up in quantity and a 1% favorable get pleasure from forex, in part offset by means of a 2% payment moderate.

The rise in quantity used to be basically pushed by means of call for for brandnew merchandise, herbicides, and biologicals. The cost moderate used to be basically because of the aggressive pricing situation in Latin The united states, in part offset by means of North The united states payment will increase.  Damaging forex affects have been led by means of the Brazilian Actual.

Branch working EBITDA used to be $279 million within the 3rd quarter of 2025, up 13% from the 3rd quarter of 2024. Productiveness financial savings and quantity enlargement greater than offset the adverse affect of forex and worth force. Branch working EBITDA margin stepped forward by means of roughly 135 foundation issues as opposed to the prior-year duration.

Shorten Coverage internet gross sales have been roughly $5.33 billion for the primary 9 months of 2025 in comparison to roughly $5.16 billion in the similar duration of 2024. The gross sales build up displays a 7% build up in quantity, in part offset by means of a 2% moderate in payment and a 2% adverse affect from forex.

The build up in quantity used to be pushed by means of call for for brandnew merchandise, herbicides, fungicides, and biologicals.  The cost moderate used to be basically because of marketplace dynamics in Latin The united states. Damaging forex affects have been led by means of the Brazilian Actual and the Turkish Lira.

Branch working EBITDA used to be $990 million for the primary 9 months of 2025, up 22% from the similar duration terminating yr. Uncooked subject material deflation, productiveness financial savings, and quantity enlargement greater than offset the adverse affect of forex, payment force, and better repayment and evil debt expense in SG&A.  Branch working EBITDA margin stepped forward by means of roughly 285 foundation issues as opposed to the prior-year duration.

2025 Steering and 2026 Initial View
The worldwide outlook for agriculture remainder blended with sturdy call for and manufacturing, however burdened commodity costs and farmer margins.  World corn section used to be up in 2025, maximum significantly in North The united states, pushed by means of favorable corn economics relative to soybeans, with expectancies for a mid-single digit planted section build up in Latin The united states.  We proceed to be expecting a massive compres manufacturing yr, however preserving generation with document call for, make happen decade-low world corn retain ranges.

World compres coverage {industry} volumes have stabilized and rebounded in maximum areas, year costs are starting to display indicators of stabilization. Because it relates to ongoing tariff negotiations all over the world, we aren’t anticipating a subject material internet affect on our full-year 2025 effects given insurance policies in playground these days. 

The Corporate up to date full-year 2025 steerage with internet gross sales anticipated to be within the space of $17.7 billion to $17.9 billion, enlargement of ~5% on the mid-point.  Working EBITDA¹ is predicted to be $3.8 billion to $3.9 billion, enlargement of 14% on the mid-point. Working EPS¹ is predicted to be $3.25 to $3.35 in line with percentage, enlargement of 28% on the mid-point. The Corporate expects to repurchase roughly $1.0 billion of stocks in 2025.

For full-year 2026, the Corporate’s initial view of working EBITDA¹ is $4.1 billion on the mid-point, reflecting enlargement of ~6%.

The Corporate isn’t ready to reconcile its forward-looking non-GAAP monetary measures, to its maximum similar U.S. GAAP monetary measures, as it’s not able to expect with cheap sure bet pieces outdoor of its keep an eye on, similar to Important Pieces, with out unreasonable struggle.

3rd Quarter Convention Name
The Corporate will host a are living webcast of its 3rd quarter 2025 income convention name with traders to speak about its effects and outlook the next day to come, November 5, 2025, at 9:00 a.m. ET. The slide presentation that accompanies the convention name is posted at the Corporate’s Investor Occasions and Displays web page. A replay of the webcast can be to be had at the Investor Events and  Presentations page.

About Corteva
Corteva, Inc. (NYSE: CTVA) is a world pure-play agriculture corporate that mixes industry-leading innovation, high-touch buyer engagement and operational execution to profitably ship answers for the sector’s maximum urgent agriculture demanding situations. Corteva generates advantaged marketplace choice thru its distinctive distribution technique, along with its balanced and globally various mixture of seed, compres coverage, and virtual services. With one of the most maximum identified manufacturers in agriculture and a generation pipeline smartly located to pressure enlargement, the corporate is dedicated to maximizing productiveness for farmers, year running with stakeholders during the meals device because it fulfills its word to counterpoint the lives of those that create and people who eat, making sure go for generations to return. Additional information may also be discovered at www.corteva.com.

Cautionary Commentary About Ahead-Taking a look Statements
This press leave comprises sure estimates and forward-looking statements inside the which means of Category 21E of the Securities Trade Business of 1934, as amended, and Category 27A of the Securities Business of 1933, as amended, that are meant to be coated by means of the defend harbor provisions for forward-looking statements contained within the Personal Securities Litigation Reform Business of 1995, and is also known by means of their significance of phrases like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates,” “outlook,” or alternative phrases of related which means. All statements that deal with expectancies or projections concerning the week, together with statements about Corteva’s monetary effects or outlook; technique for enlargement; product construction; regulatory approvals; marketplace place; capital allocation technique; liquidity; sustainability objectives and projects; the expected advantages of acquisitions, restructuring movements, or value financial savings projects; and the result of contingencies, similar to litigation and environmental issues, are forward-looking statements.

Ahead-looking statements and alternative estimates are in keeping with sure suppositions and expectancies of week occasions which is probably not correct or discovered. Ahead-looking statements and alternative estimates additionally contain dangers and uncertainties, lots of that are past the corporate’s keep an eye on. Day the record of things offered under is thought of as consultant, deny such record must be regarded as to be a whole remark of all attainable dangers and uncertainties. Unlisted components might provide important extra hindrances to the belief of forward-looking statements. Aftereffects of subject material variations in effects as in comparison with the ones expected within the forward-looking statements may just come with, amongst alternative issues, trade disruption, operational issues, monetary loss, prison legal responsibility to 3rd events and related dangers, any of which may have a subject material opposed impact at the corporate’s trade, result of operations and monetary status. One of the crucial impressive components that would motive the corporate’s original effects to vary materially from the ones projected in one of these forward-looking statements come with: (i) failure to procure or preserve the essential regulatory approvals for one of the most corporate’s merchandise; (ii) failure to effectively manufacture and commercialize the corporate’s pipeline; (iii) impact of the stage of crowd working out and acceptance or perceived crowd acceptance of the corporate’s biotechnology and alternative agricultural merchandise; (iv) impact of adjustments in agricultural and alike insurance policies of governments and world organizations; (v) prices of complying with evolving regulatory necessities and the impact of original or alleged violations of environmental rules or allow necessities; (vi) impact of order alternate and unpredictable seasonal and climate components; (vii) failure to conform to festival and antitrust rules; (viii) impact of festival within the corporate’s {industry}; (ix) competitor’s established order of an middleman platform for distribution of the corporate’s merchandise; (x) dangers alike to fresh investment and body of workers discounts at U.S. executive businesses; (xi) possibility alike to geopolitical and armed forces battle; (xii) impact of volatility within the corporate’s enter prices; (xiii) dangers alike to the corporate’s world operations; (xiv) impact of business espionage and alternative disruptions to the corporate’s provide chain, data generation or community techniques; (xv) dangers alike to environmental litigation and the indemnification duties of legacy EIDP liabilities in reference to the Corteva dissolution; (xvi) affect of the corporate’s dependence on 3rd events with admire to sure of its uncooked fabrics or licenses and commercialization; (xvii) failure of the corporate’s consumers to pay their money owed to the corporate, together with buyer financing systems; (xviii) failure to successfully top acquisitions, divestitures, alliances, restructurings, value financial savings projects, and alternative portfolio movements; (xix) failure to lift capital throughout the capital markets or temporary borrowings on phrases applicable to the corporate; (xx) will increase in pension and alternative post-employment receive advantages plan investment duties; (xxi) dangers alike to pandemics or epidemics; (xxii) capital markets sentiment against sustainability issues; (xxiii) the corporate’s highbrow trait rights or protection towards highbrow trait claims asserted by means of others; (xxiv) impact of counterfeit merchandise; (xxv) the corporate’s dependence on highbrow trait cross-license pledges; (xxvi) dangers alike to Corteva’s Break-up from DowDuPont; and (xxvii) dangers alike to Corteva’s proposed dissolution, together with, however no longer restricted to, whether or not the targets of the proposed dissolution will likely be accomplished; the phrases, construction, advantages and prices of any motion or transaction due to the proposed dissolution; the timing of one of these dissolution or alike motion and whether or not one of these dissolution will likely be consummated in any respect; the chance the proposed dissolution may just divert the eye and age of the corporate’s control; the chance of any sudden prices or bills due to the proposed dissolution procedure or dissolution itself; and the chance of any litigation because of, or in the case of, the proposed dissolution.   

Moreover, there is also alternative dangers and uncertainties that Corteva is not able to recently establish or that Corteva does no longer recently be expecting to have a subject material affect on its trade. The place, in any forward-looking remark or alternative estimate, an expectation or trust as to week effects or occasions is expressed, such expectation or trust is in keeping with the wave plans and expectancies of Corteva’s control and expressed in just right religion and believed to have an affordable foundation, however there may also be deny oath that the expectancy or trust will consequence or be accomplished or completed. Corteva disclaims and does no longer adopt any legal responsibility to replace or revise any forward-looking remark, excluding as required by means of appropriate regulation. An in depth dialogue of one of the most important dangers and uncertainties which might motive effects and occasions to vary materially from such forward-looking statements is integrated within the “Risk Factors” division of Corteva’s Annual File on Method 10-Okay, as changed by means of next Quarterly Studies on Modes 10-Q and Stream Studies on Method 8-Okay.

Law G (Non-GAAP Monetary Measures)
This income leave contains data that doesn’t comply with U.S. GAAP and are regarded as non-GAAP measures. Those measures might come with natural gross sales, natural enlargement (together with by means of section and patch), working EBITDA, working income (loss) in line with percentage, and bottom source of revenue tax fee. Control makes use of those measures internally for making plans and forecasting, together with allocating sources and comparing incentive repayment. Control believes that those non-GAAP measures very best replicate the continuing efficiency of the Corporate all the way through the classes offered and handover extra related and significant data to traders as they handover perception with admire to ongoing working result of the Corporate and a extra helpful comparability of yr over yr effects. Those non-GAAP measures complement the Corporate’s U.S. GAAP disclosures and must no longer be seen as an supplementary to U.S. GAAP measures of efficiency. Moreover, such non-GAAP measures is probably not in step with related measures supplied or impaired by means of alternative corporations. Reconciliations for those non-GAAP measures to U.S. GAAP are supplied in the Decided on Monetary Knowledge and Non-GAAP Measures founding on web page A-5 of the Monetary Commentary Schedules.

Corteva isn’t ready to reconcile its forward-looking non-GAAP monetary measures to its maximum similar U.S. GAAP monetary measures, as it’s not able to expect with cheap sure bet pieces outdoor of the Corporate’s keep an eye on, similar to important pieces, with out unreasonable struggle. For important pieces reported within the classes offered, please see web page A-10 of the Monetary Commentary Schedules. Starting January 1, 2020, the Corporate items sped up pay as you go royalty amortization expense as a vital merchandise. Sped up pay as you go royalty amortization represents the non-cash fee related to the popularity of in advance bills made to Monsanto in reference to the Corporate’s non-exclusive license in america and Canada for Monsanto’s Genuity® Roundup In a position 2 Submit® and Roundup In a position 2 Xtend® herbicide tolerance characteristics. Because of the ramp-up of Enlist E3^TM, Corteva considerably lowered the amount of goods with the Roundup In a position 2 Submit® and Roundup In a position 2 Xtend® herbicide tolerance characteristics starting in 2021, with anticipated minimum significance of the attribute platform thereafter. In 2023 and 2024, the corporate dedicated to restructuring actions to optimize the Shorten Coverage community of producing and exterior companions, that are anticipated to be considerably whole in 2026. The corporate expects to document roughly $160 million to $175 million internet pre-tax restructuring fees all the way through 2025 for those actions.

Natural gross sales is outlined as payment and quantity and excludes forex and portfolio and alternative affects, together with important pieces. Working EBITDA is outlined as income (loss) (i.e., source of revenue (loss) from proceeding operations ahead of source of revenue taxes) ahead of hobby, depreciation, amortization, non-operating advantages (prices), foreign currencies positive aspects (losses), and internet unrealized achieve or loss from mark-to-market process for sure foreign currencies spinoff tools that don’t qualify for hedge accounting, except the affect of vital pieces and dissolution prices. Non-operating advantages (prices) is composed of non-operating pension and alternative post- occupation receive advantages (OPEB) credit (prices), tax indemnification changes, and environmental remediation and prison prices related to legacy companies and websites. Tax indemnification changes relate to adjustments in indemnification balances, because of the applying of the phrases of the Tax Issues Promise, between Corteva and Dow and/or DuPont that are recorded by means of the Corporate as pre-tax source of revenue or expense.

Working income (loss) in line with percentage is outlined as “earnings (loss) per common share from continuing operations – diluted” except the after-tax affect of vital pieces, the after-tax affect of dissolution prices, the after-tax affect of non-operating advantages (prices), the after-tax affect of amortization expense related with intangible property present as of the Break-up from DowDuPont, and the after-tax affect of internet unrealized achieve or loss from mark-to-market process for sure foreign currencies spinoff tools that don’t qualify for hedge accounting. Even if amortization of the Corporate’s intangible property is excluded from those non-GAAP measures, control believes it’s impressive for traders to remember that such intangible property give a contribution to earnings future. Amortization of intangible property that relate to future acquisitions will recur in week classes till such intangible property had been absolutely amortized. Any week acquisitions might lead to amortization of extra intangible property. Internet unrealized achieve or loss from mark-to-market process for sure foreign currencies spinoff tools that don’t qualify for hedge accounting represents the non-cash internet achieve (loss) from adjustments in honest price of sure undesignated foreign currencies spinoff word of honour. Upon agreement, which is inside the similar calendar yr of execution of the oath, the discovered achieve (loss) from the adjustments in honest price of the non-qualified international forex spinoff word of honour will be reported in the related non-GAAP monetary measures, permitting quarterly effects to replicate the financial results of the foreign currencies spinoff word of honour with out the ensuing unrealized mark to honest price volatility. Bottom source of revenue tax fee is outlined because the efficient source of revenue tax fee much less the impact of change positive aspects (losses), important pieces, dissolution prices, amortization of intangibles (present as of Corteva Break-up), mark-to-market (positive aspects) losses on sure foreign currencies word of honour no longer designated as hedges, and non-operating (advantages) prices.

® TM Corteva Agriscience and its affiliated corporations.
11/4/2025

SOURCE Corteva Agriscience