DARLING INGREDIENTS INC.

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.

Darling Ingredients Inc. hosted its 2026 Investor Day, presenting its strategic vision as a global leader in ingredients for human health, animal nutrition, and renewable fuels. The company highlighted the strong performance and resilient model of its Diamond Green Diesel joint venture and its expanding leadership in the collagen market. Management outlined a financial strategy focused on optimizing its global portfolio, strengthening the balance sheet by reducing debt, and aiming to generate $4-6 billion in cash by 2030 to deliver long-term shareholder value.

Darling Ingredients Inc. reported a strong financial turnaround for the first quarter of 2026, with net income attributable to Darling reaching $134.3 million, a significant improvement from a loss in the prior year. Total net sales also saw a healthy increase to $1.55 billion. The company's investment in Diamond Green Diesel (DGD) contributed substantially to net income, reversing a previous loss. Additionally, Darling Ingredients announced several strategic initiatives, including a joint venture with Tessenderlo Group NV, the acquisition of UPI Bovinos NewCo in Brazil, and the divestment of a portion of its U.S. grease trap environmental services business.

Darling Ingredients Inc. reported a significant turnaround in Q1 2026, achieving net income of $134.3 million, or $0.83 per diluted share, compared to a net loss in the prior year. Total net sales increased to $1.6 billion, and Combined Adjusted EBITDA more than doubled to $406.8 million. The company also monetized $45.0 million in Production Tax Credits, enhancing liquidity. For Q2 2026, the core ingredients business Adjusted EBITDA is estimated to be $260-275 million.