hD

Income Statement Summary

Darling Ingredients (DAR) quarterly income statement covering the six quarters from March 2025 to July 2026, as reported to the SEC.

  • Darling Ingredients reported net sales of $1.72B in the quarter ended July 4, 2026, up 16.4% from $1.48B a year earlier.
  • That is 11.2% higher than the April 2026 quarter.
  • Operating income was $555.24M, up 631.8% from $75.87M. Operating margin was 32.2%.
  • Net income/ was $387.31M, up from $12.66M a year earlier. Net margin was 22.5%.
  • Diluted earnings per share was $2.41, up from $0.08 a year earlier.
  • Cost of revenue took 70.8% of net sales and selling, general and administrative expenses 8.8%.

An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.

Figures in USD thousands, except per share data
Jul'26Apr'26Jan'26Sep'25Jun'25Mar'25
Net sales

1,724,078

1,550,821

1,709,799

1,563,966

1,481,518

1,380,594

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net sales

1,724,078

1,550,821

1,709,799

1,563,966

1,481,518

1,380,594

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Costs and expenses:
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below)

1,220,705

1,145,900

1,280,618

1,176,957

1,135,601

1,069,243

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below)

1,220,705

1,145,900

1,280,618

1,176,957

1,135,601

1,069,243

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Loss/(gain) on sale of assets

116

-203

979

375

-952

-62

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Loss/(gain) on sale of assets

116

-203

979

375

-952

-62

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Selling, general and administrative expenses

150,950

149,067

151,939

139,594

138,069

121,556

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Selling, general and administrative expenses

150,950

149,067

151,939

139,594

138,069

121,556

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Restructuring and asset impairment charges

3,933

364

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Restructuring and asset impairment charges

3,933

364

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Change in fair value of contingent consideration

-

-

-

-

12,583

5,441

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Change in fair value of contingent consideration

-

-

-

-

12,583

5,441

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Depreciation and amortization

130,180

130,909

139,543

124,064

121,062

123,835

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Depreciation and amortization

130,180

130,909

139,543

124,064

121,062

123,835

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Acquisition and integration costs

13,218

4,970

-

6,156

3,383

1,534

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Acquisition and integration costs

13,218

4,970

-

6,156

3,383

1,534

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total costs and expenses

1,518,870

1,431,413

1,633,950

1,446,396

1,411,650

1,321,671

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total costs and expenses

1,518,870

1,431,413

1,633,950

1,446,396

1,411,650

1,321,671

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Equity in net income/(loss) of Diamond Green Diesel

350,030

107,363

21,597

-45,844

6,000

-30,523

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Equity in net income/(loss) of Diamond Green Diesel

350,030

107,363

21,597

-45,844

6,000

-30,523

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating income

555,238

226,771

97,446

71,726

75,868

28,400

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating income

555,238

226,771

97,446

71,726

75,868

28,400

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other expense:
Interest expense

55,526

54,117

55,514

56,925

51,873

57,967

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest expense

55,526

54,117

55,514

56,925

51,873

57,967

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest expense

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest expense

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Loss on early retirement of debt

-

-

-

-

-2,978

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Loss on early retirement of debt

-

-

-

-

-2,978

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Foreign currency gain/(loss)

208

3,143

-1,402

1,067

1,313

-1,362

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Foreign currency gain/(loss)

208

3,143

-1,402

1,067

1,313

-1,362

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other expense, net

-1,918

-3,010

2,999

662

-6,526

3,333

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other expense, net

-1,918

-3,010

2,999

662

-6,526

3,333

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total other expense

-57,236

-53,984

-53,917

-55,196

-60,064

-55,996

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total other expense

-57,236

-53,984

-53,917

-55,196

-60,064

-55,996

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Equity in net income of other unconsolidated subsidiaries

1,905

2,895

4,328

3,277

2,526

2,628

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Equity in net income of other unconsolidated subsidiaries

1,905

2,895

4,328

3,277

2,526

2,628

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income/(loss) before income taxes

499,907

175,682

47,857

19,807

18,330

-24,968

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income/(loss) before income taxes

499,907

175,682

47,857

19,807

18,330

-24,968

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income tax expense

110,638

38,626

-11,022

-1,248

4,065

-1,154

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income tax expense

110,638

38,626

-11,022

-1,248

4,065

-1,154

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income/(loss)

389,269

137,056

58,879

21,055

14,265

-23,814

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income/(loss)

389,269

137,056

58,879

21,055

14,265

-23,814

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income attributable to noncontrolling interests

1,957

2,743

1,939

1,692

1,604

2,346

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income attributable to noncontrolling interests

1,957

2,743

1,939

1,692

1,604

2,346

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income/(loss) attributable to Darling

387,312

134,313

56,940

19,363

12,661

-26,160

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income/(loss) attributable to Darling

387,312

134,313

56,940

19,363

12,661

-26,160

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income per share:
Basic income per share (in dollars per share)

2.44

0.85

0.36

0.12

0.08

-0.16

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Basic income per share (in dollars per share)

2.44

0.85

0.36

0.12

0.08

-0.16

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Diluted income per share (in dollars per share)

2.41

0.83

0.35

0.12

0.08

-0.16

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Diluted income per share (in dollars per share)

2.41

0.83

0.35

0.12

0.08

-0.16

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Nonrelated Party
Net sales

1,310,614

1,302,139

1,363,671

1,221,846

1,189,988

1,162,642

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net sales

1,310,614

1,302,139

1,363,671

1,221,846

1,189,988

1,162,642

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Related Party
Net sales

413,464

248,682

346,128

342,120

291,530

217,952

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net sales

413,464

248,682

346,128

342,120

291,530

217,952

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx