Short answer
Corteva (CTVA) filed its fiscal 2025 10-K annual report with the SEC on Feb 12, 2026. It reported revenue of $17.4B (+2.9% year over year) and net income of $1.1B.
- Top risk flagged: Regulatory/legal risk: U.S. federal tax law impact on planned 2026 tax-free spin-off of Seed and Crop Protection businesses
FY2025 key financial metrics · XBRL
- Revenue
- $17.4B
- +2.9% YoY
- Net income
- $1.1B
- +20.6% YoY
- EPS (diluted)
- $1.60
- +23.1% YoY
- ROE
- 4.5%
- +0.7 pp YoY
- Operating cash flow
- $3.4B
- +58.8% YoY
Source: XBRL data from the Corteva (CTVA) FY2025 10-K on SEC EDGAR. USD.
Corteva FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: Global agriculture products and solutions provider with direct and indirect sales channels including digital decision-support tools
- Emphasis on distribution risk due to potential intermediary platforms disrupting direct sales and retail channel strategy
- Increased geopolitical risks impacting supply chains and market access from Russia-Ukraine conflict and potential China-Taiwan tensions
- Supply chain challenges from shortages and cost inflation in transportation, energy, raw materials specifically linked to geopolitical conflicts
- Highlighted reliance on China for crop protection inputs, despite multi-source strategies, with risk of material operational disruption
Management Discussion & Analysis
- Environmental remediation accrual $562M at 12/31/2025, up from $478M at 12/31/2024 and $501M at 12/31/2023
- Environmental capital expenditures $9M in 2025; estimated $14M in 2026
- No new environmental liability notices in 2025 or 2024 across 500 sites monitored
- Climate risks include weather impact on sales volume and margins; opportunities in climate-resilient ag tech
- Board Sustainability Committee oversees climate risk; company integrates climate risk in enterprise risk management
Risk Factors
- Regulatory/legal risk: U.S. federal tax law impact on planned 2026 tax-free spin-off of Seed and Crop Protection businesses
- Geopolitical/macroeconomic risk: 1% unfavorable currency impact on 2025 net sales of $17,401 million
- Operational/supply chain risk: Crop Protection Operations Strategy Restructuring Program causing $146 million charges including asset and contract termination costs
- Competitive risk: Pressure from competitive Crop Protection pricing reducing operating EBITDA gains despite volume growth
- Financial risk: $1.5 billion shareholder returns in 2025 through buybacks and dividends, impacting capital allocation flexibility
Generated from the filing text; verify against the original. How to read a 10-K
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.