Corteva’s business strategy remains undeterred ahead of its split next year, with the company beating market estimates for its third quarter (Q3) fiscal year 2025, ending Sept. 30, and raising full-year guidance to $17.7-17.9 billion in net sales, as the ag giant shared in financial statements.
Year-to-date, Corteva achieved $13.491 billion in net sales, growing 4% from the same quarter last year, the company shared. Corteva registered $2.618 billion in net sales in Q3 2025, compared to $2.326 billion for the same quarter last year for a 13% increase.
Representing roughly a third of its business, Corteva’s seed business grew to $917 million in Q3 2025, boosted by a 27% increase in volume sales and a 4% price/mix increase, compared to $691 million for the same quarter last year. Volume growth came from early deliveries of its safrinha corn to Brazil, recovered Argentina corn acres, and larger corn sales in Europe, Middle East, and Africa, the company shared.
Corteva’s crop protection business grew at a slower rate and closed the quarter with $1.70 billion in sales, with 5% in volume increases and a 2% price decline. Demand for new products, herbicides, and biologicals drove volume increases, while the company lowered prices to attract Latin American customers.
Corteva’s stock was trading around $63.85 in morning trading the day after posting the financial results, up roughly 2.25% from the previous day.
Corteva stays the course ahead of split
Last month, Corteva announced that it will split into two separate entities - New Corteva and SpinCo – to better address growth opportunities, AgTechNavigator previously reported.
The ag giant committed to its 2027 growth framework until the split, which was reinforced in its Q3 earnings. Corteva already established a dedicated separation team with leadership and board transition planning underway, the company shared in its quarterly report.
“We delivered a strong third quarter across the company, reinforcing our conviction that our two businesses will continue to thrive as independent public companies. In crop protection, demand for differentiated technology and productivity gains support margin expansion, while seed continues to benefit from its strength in advanced genetics, growth in out-licensing, and ongoing cost discipline,” Chuck Magro, CEO of Corteva, said in the financial statements.
He added, “Our planned separation in the second half of 2026 is driven by our belief that it will create long-term value, as ‘New Corteva’ and ‘SpinCo’ strengthen their positions as market leaders with sharper focus, tailored capital allocation strategies, and increased flexibility. Until then, we will continue to execute on our growth platforms and financial framework as one company with a unifying vision: to drive value for farmers, shareholders, employees, and the communities we all call home.”
