earnings
confidence high
sentiment positive
materiality 0.80
Darling Q1 net income $134.3M; Combined Adj. EBITDA $406.8M; core Q2 guidance $260-275M
DARLING INGREDIENTS INC.
2026-Q1 EPS reported
$0.83
revenue$1,550,821,000
- Net income $134.3M ($0.83 diluted EPS) vs net loss $(26.2M) ($(0.16)) in Q1 2025.
- Total net sales $1.55B, up 12% YoY; Combined Adjusted EBITDA $406.8M, more than double $195.8M.
- Diamond Green Diesel sold 272.4M gallons at $1.11/gallon EBITDA; Darling's share of DGD EBITDA $151.2M vs $6.0M.
- Monetized $45M in Production Tax Credits; preliminary leverage ratio 3.17x; capex guidance $400M for FY2026.
- Q2 2026 core ingredients Adjusted EBITDA guided $260-275M.