$VYLR · Vylor Inc.
Vylor Inc. filed its 10-Q for the quarter ended September 30, 2026, covering the historical Corteva consolidated financials plus supplemental Seed Business statements. The company completed its spin-off from Corteva on October 1, 2026, becoming an independent public company. Q3 net sales fell to $2,458M from $2,618M a year earlier, while net loss widened to $568M from $318M, driven by $99M in separation costs and a pre-tax loss from continuing operations.
- Q3 net loss widened to $568M from $318M a year earlier.
- GAAP EPS was $(0.85) versus $(0.47) in Q3 2025.
- Net sales fell 6.1% to $2,458M from $2,618M.
- Separation costs jumped to $99M from $7M a year ago.
- Nine-month net income fell to $1,320M from $1,654M.
Extended-hours last trade $72.06, down 0.04% versus the regular close, suggesting a muted reaction to the loss given the spin-off was already announced.
Vylor's first post-spin-off quarterly report shows a widening loss driven by separation costs, a key read on the newly independent Seed Business's standalone economics.
The spin-off separates Corteva's Seed Business (Vylor) from its Crop Protection Business, a structural move mirroring recent ag-sector separations.
The filing notes Vylor is the accounting spinnor and successor to Corteva, with separation costs and restructuring charges weighing on near-term results.