Douglas Dynamics Q2 net income up 6.6%, raises 2025 guidance on Solutions record

DOUGLAS DYNAMICS, INC

2025-Q2 EPS reported $1.09 revenue$309,394,000

Net income $26.0M ($1.09 dil EPS) vs $24.3M ($1.02); adjusted EPS $1.14.
Solutions segment record: net sales +5.4% to $86.2M, Adj EBITDA +39.8% to $11.0M, margin 12.8%.
Attachments net sales $108.1M, down $10M YoY due to timing of pre-season shipments.
2025 guidance raised: net sales $630-$660M, Adj EBITDA $82-$97M, Adj EPS $1.65-$2.15.
Returned $12.9M to shareholders via $0.295/share dividend and ~210K share repurchase.

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