Darling Ingredients (DAR) Q2 FY26 earnings call

Darling Ingredients delivered a robust Q2 FY26, significantly exceeding prior guidance due to strengthened finished product markets, rallying fat and protein prices, and favorable trade developments. The company's global ingredients business and Diamond Green Diesel segment both contributed strongly, driving substantial EBITDA growth and enabling significant debt reduction. Management expressed confidence in continued momentum through FY26 and FY27, emphasizing operational excellence and strategic capital allocation.