Lindsay (LNN) Research & Development (2009 - 2026)
Lindsay's Research & Development was $3.64 million in fiscal Q4 2026 (quarter ended Aug 31, 2026), down 30.0% from $5.2 million a year earlier and down 21.8% from the prior quarter.
Lindsay (LNN) Research & Development (2009 - 2026) Analysis & Trends
For FY2026 (ended Aug 31, 2026), Research & Development at Lindsay came in at $17 million, down 5.2% from FY2025.
- Research & Development shows a five-year compound annual growth rate of 4.9% (FY2021 to FY2026).
- In earlier fiscal years, Research & Development was $17.93 million in FY2025 (+4.7%), $17.12 million in FY2024 (-6.0%), $18.22 million in FY2023 (+20.3%) and $15.15 million in FY2022 (+13.4%).
- The fiscal Q4 2026 figure marks the lowest quarterly Research & Development since fiscal Q1 2022.
- Compared with a year earlier, Research & Development has declined for three straight quarters, with growth averaging 0.7% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q1 2023 (growth of 34.3%); the worst was fiscal Q4 2026 (a decline of 30.0%).
- Per Business Quant data, LNN's Research & Development in the three fiscal quarters before Q4 2026 was $4.65 million (Q3 2026), $4.08 million (Q2 2026) and $4.64 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 596.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | - |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 238.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | - |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 304.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | - |
| 10 | Lindsay | 1.11 Bn | 380.84 Mn | 43.50 Mn | 3.64 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 3.64 Mn |
| May 31, 2026 | 4.65 Mn |
| Feb 28, 2026 | 4.08 Mn |
| Nov 30, 2025 | 4.64 Mn |
| Aug 31, 2025 | 5.20 Mn |
| May 31, 2025 | 4.71 Mn |
| Feb 28, 2025 | 4.16 Mn |
| Nov 30, 2024 | 3.86 Mn |
| Aug 31, 2024 | 4.59 Mn |
| May 31, 2024 | 4.29 Mn |
| Feb 29, 2024 | 3.89 Mn |
| Nov 30, 2023 | 4.35 Mn |
| Aug 31, 2023 | 4.87 Mn |
| May 31, 2023 | 4.52 Mn |
| Feb 28, 2023 | 4.52 Mn |
| Nov 30, 2022 | 4.31 Mn |
| Aug 31, 2022 | 4.56 Mn |
| May 31, 2022 | 3.72 Mn |
| Feb 28, 2022 | 3.65 Mn |
| Nov 30, 2021 | 3.21 Mn |
Lindsay Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=LNN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LNN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=LNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();