Quarterly ResultJul 30, 2026, 06:46 AM
Darling Ingredients Q2 Net Income $387.3M, Sales $1.7B
AI Summary
Darling Ingredients Inc. reported strong second-quarter 2026 financial results, with net income soaring to $387.3 million and total net sales reaching $1.7 billion. Combined Adjusted EBITDA significantly increased to $741.7 million. The company also received $280.0 million in cash distributions from Diamond Green Diesel, reduced net debt by $223.0 million, and repurchased $73.0 million in common stock. Strategic actions included the acquisition of three rendering facilities in Brazil and the divestment of a majority of its non-core grease trap environmental services business.
Key Highlights
- Net income for Q2 2026 was $387.3 million, up from $12.7 million in Q2 2025.
- Total net sales reached $1.7 billion in Q2 2026, compared to $1.5 billion in Q2 2025.
- Combined Adjusted EBITDA was $741.7 million, a significant increase from $249.5 million in Q2 2025.
- Received $280.0 million in cash distributions from Diamond Green Diesel (DGD).
- Net debt was reduced by $223.0 million, and $73.0 million in common stock was repurchased.
- Acquired three rendering facilities from Patense Group in Brazil for approximately $122 million.
- Sold a majority of non-core grease trap environmental services business for approximately $90.0 million.
- Feed Ingredients segment Adjusted EBITDA was $240.5 million, up 77% YoY.
Price Impact
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