Darling Ingredients (DAR) Q3 FY2026 earnings

Darling Ingredients Inc. (DAR) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 22 October 2026. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

RevenueNot yetwith the 10-Q

Net incomeNot yetwith the 10-Q

Diluted EPSNot yet

QuarterQ3 FY2026ended 30 September 2026

What management said

Guidance figures: 1 new.

Renewable diesel operating income turned positive: Management said the renewable diesel segment earned about $350 million in operating income for the quarter and about $1.3 billion for the nine months.
Quarter gallons sold reached 314.9 million: DGD sold or shipped 314.9 million gallons of renewable fuels in the quarter and 936.1 million gallons in the nine months ended Sept. 30, 2026.
Quarter EBITDA per gallon reached $1.30: On a stand-alone basis by Darling, DGD Adjusted EBITDA per gallon was $1.30 for the quarter and $1.59 for the nine months.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	n/a	1,724	1,564	n/a
Net income	n/a	387	19.4	n/a
Diluted EPS	n/a	$2.41	$0.12	n/a

$ million except per share.

Q3 FY2026 is from the company's press release of 22 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right; revenue, net income, diluted EPS will come with the 10-Q.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	1,186	1,310	1,366	1,650	1,748	1,768	1,791	1,758	1,625	1,614	1,420	1,455	1,422	1,418	1,381	1,482	1,564	1,710	1,551	1,724
Cost of revenue	860	989	1,021	1,232	1,371	1,379	1,367	1,360	1,239	1,178	1,117	1,128	1,108	1,084	1,069	1,136	1,177	1,281	1,146	1,221
Gross profit	326	321	346	419	376	389	424	398	386	436	304	327	314	334	311	346	387	429	405	503
Gross margin	28%	25%	25%	25%	22%	22%	24%	23%	24%	27%	21%	22%	22%	24%	23%	23%	25%	25%	26%	29%
SG&A	97.3	97.7	102	108	105	122	135	137	138	133	139	130	116	108	122	138	140	152	149	151
Operating income	206	211	233	279	268	249	256	357	178	159	137	149	60.1	122	28.4	75.9	71.7	97.4	227	555
Operating margin	17%	16%	17%	17%	15%	14%	14%	20%	11%	10%	10%	10%	4%	9%	2%	5%	5%	6%	15%	32%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	62.9	69.2	66.8	54.9	58.0	51.9	56.9	55.5	54.1	55.5
Pre-tax income	191	195	217	252	228	197	217	296	113	94.5	85.5	82.1	1.6	78.2	-25.0	18.3	19.8	47.9	176	500
Tax rate	22%	19%	12%	19%	15%	19%	12%	14%	-14%	8%	5%	1%	-1063%	-33%	n/a	22%	-6%	-23%	22%	22%
Net income	147	156	188	202	191	157	186	252	125	84.5	81.2	78.9	16.9	102	-26.2	12.7	19.4	56.9	134	387
Net margin	12%	12%	14%	12%	11%	9%	10%	14%	8%	5%	6%	5%	1%	7%	-2%	1%	1%	3%	9%	22%
Diluted EPS	$0.88	$0.95	$1.14	$1.23	$1.17	$0.96	$1.14	$1.55	$0.77	$0.52	$0.50	$0.49	$0.11	$0.63	-$0.16	$0.08	$0.12	$0.35	$0.83	$2.41
Operating cash flow	154	252	152	209	277	175	188	217	277	217	264	147	274	154	249	146	224	441	153	533
Buybacks	22.3	69.8	17.2	48.7	37.2	22.5	43.8	9.1	0.0	0.0	0.0	29.2	0.0	5.1	34.7	0.0	0.0	0.0	0.0	73.4
Shares outstanding	162m	161m	162m	160m	160m	160m	160m	159m	160m	160m	160m	159m	159m	159m	158m	158m	158m	159m	159m	158m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 22 October 2026 with a Form 8-K: the release.