Jun 2026 (Q2 FY26) — Jul 30, 2026
Darling Ingredients Q2 FY26 — Strong Performance Driven by Market Strength and DGD
Read the full callDarling Ingredients (DAR) earnings
- Jul 2026
- Jun 2026 (Q2 FY26)
- Jan 2026
Darling Ingredients earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,724 | +16.4% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 32.2 | +27.1 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 387 | +2959.1% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
$60.87 −2.42% · −$1.51
Performance +92.9% 1Y
1Y: $31.55 on 14 Oct 2025 → $60.87. High $68.34 (18 Aug 2026), low $30.56 (21 Oct 2025).
- Previous close
- $62.38
- 52-week range
- $30.56 – $68.34
- One year
- +92.38%
Overview
- Symbol
- DAR
- Sector
- Consumer Staples
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Darling Ingredients earnings calls (DAR)
Financials
What the filings say
Net profit, year on year: +2959% (quarter to jul 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,422 | 1,418 | 1,381 | 1,482 | 1,564 | 1,710 | 1,551 | 1,724 |
| Expenses | 1,364 | 1,319 | 1,322 | 1,412 | 1,446 | 1,634 | 1,431 | 1,519 |
| Operating profit | 60 | 122 | 28 | 76 | 72 | 97 | 227 | 555 |
| Operating margin | 4.2% | 8.6% | 2.1% | 5.1% | 4.6% | 5.7% | 14.6% | 32.2% |
| Other income | -62 | -47 | -56 | -60 | -55 | -54 | -54 | -57 |
| Interest | 67 | 55 | 58 | 52 | 57 | 56 | 54 | 56 |
| Profit before tax | 2 | 78 | -25 | 18 | 20 | 48 | 176 | 500 |
| Tax rate | −1062.7% | −32.7% | 4.6% | 22.2% | −6.3% | −23.0% | 22.0% | 22.1% |
| Net profit | 17 | 102 | -26 | 13 | 19 | 57 | 134 | 387 |
| EPS ($ per share) | 0.11 | — | -0.16 | 0.08 | 0.12 | — | 0.85 | 2.44 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 1,088 | 1,400 | 1,697 | 2,348 | 3,086 | 3,733 | 4,012 | 4,075 |
| Total liabilities | 2,554 | 2,702 | 2,659 | 2,786 | 5,306 | 6,367 | 5,606 | 5,489 |
| Fixed assets | 1,688 | 1,802 | 1,864 | 1,840 | 2,462 | 2,935 | 2,714 | 2,796 |
| Total assets | 4,889 | 5,345 | 5,613 | 6,134 | 9,202 | 11,061 | 10,070 | 10,299 |
| Line item | Dec 2018 | Dec 2019 | Jan 2021 | Jan 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 399 | 363 | 625 | 704 | 814 | 899 | 839 | 1,060 |
| Cash from investing | -342 | -338 | -311 | -490 | -2,417 | -1,675 | -499 | -681 |
| Cash from financing | -48 | -55 | -307 | -221 | 1,679 | 876 | -400 | -377 |
| Net cash flow | 0 | -34 | 9 | -13 | 81 | 114 | -47 | -14 |
| Capital expenditure | -322 | -359 | -280 | -274 | -391 | -555 | -332 | -380 |
| Free cash flow | 77 | 3 | 345 | 430 | 422 | 344 | 507 | 679 |
DAR revenue by segment
Feed Ingredients grew from 65% to 67% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Feed Ingredients | 65% | 65% | 65% | 63% | 66% | 66% | 64% | 67% | +22.7% |
| Food Ingredients | 25% | 26% | 25% | 26% | 24% | 25% | 26% | 24% | +5.8% |
| Fuel Ingredients | 10% | 9% | 10% | 11% | 10% | 9% | 10% | 10% | +4.6% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2027 · share of revenue
- North America 58% ↑ 1 pt
- Europe 27%
- South America 9%
- CN 4%
- Other Geographical Areas 1%
As DAR cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
93 filings between Jan 2, 2026 and Sep 2, 2026.
Open market
decisions to buy or sellPurchases
$61.0K
2 purchases by 1 insider
Sales
$5.29M
19 sales by 6 insiders
Compensation
not trading decisions- 39
- Award — granted as compensation
- 6
- Option exercise — converted options into shares
- 26
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| STUEWE RANDALL C | — | $2.02M | Sep 2, 2026 |
| van der Velden Jan | — | $1.18M | Feb 18, 2026 |
| Dudley Sandra | — | $887.4K | Aug 17, 2026 |
| McNutt Patrick | — | $536.7K | Aug 14, 2026 |
| Kemphaus Nicholas James | — | $404.3K | Aug 10, 2026 |
| MANZI JOSEPH | — | $258.9K | Aug 18, 2026 |
| Adair Charles L | $61.0K | — | Jul 31, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 2, 2026 | STUEWE RANDALL C Chairman and CEO | Sale | 5,000 | $341.0K |
| Aug 18, 2026 | MANZI JOSEPH Chief Accounting Officer | Sale | 1,000 | $67.3K |
| Aug 17, 2026 | Dudley Sandra EVP Chief Strategy Officer | Option exercise | 5,928 | $111.6K |
| Aug 17, 2026 | Dudley Sandra EVP Chief Strategy Officer | Tax withheld | 3,330 | $226.0K |
| Aug 17, 2026 | Dudley Sandra EVP Chief Strategy Officer | Sale | 2,598 | $176.4K |
| Aug 17, 2026 | Dudley Sandra EVP Chief Strategy Officer | Sale | 3,876 | $263.1K |
| Aug 14, 2026 | McNutt Patrick EVP Chief Admin Officer | Sale | 8,000 | $536.7K |
| Aug 13, 2026 | STUEWE RANDALL C Chairman and CEO | Sale | 5,000 | $324.0K |
| Aug 12, 2026 | STUEWE RANDALL C Chairman and CEO | Sale | 5,000 | $316.3K |
| Aug 10, 2026 | Kemphaus Nicholas James EVP Gen. Counsel & Secretary | Sale | 1,591 | $100.3K |
| Jul 31, 2026 | Adair Charles L Director | Purchase | 500 | $30.3K |
| Jul 31, 2026 | Adair Charles L Director | Purchase | 500 | $30.6K |
| May 7, 2026 | Hill Randy L Director | Award | 701 | $26.4K |
| May 7, 2026 | Hill Randy L Director | Award | 2,650 | $0 |
| May 7, 2026 | Adair Charles L Director | Award | 2,650 | $0 |
| May 7, 2026 | Schroder Soren Director | Award | 261 | $9.8K |
| May 7, 2026 | Aspell Robert Patrick Director | Award | 2,650 | $0 |
| May 7, 2026 | Barden Larry Director | Award | 2,650 | $0 |
| May 7, 2026 | Clark Celeste A. Director | Award | 130 | $4.9K |
| May 7, 2026 | GOODSPEED LINDA Director | Award | 2,650 | $0 |
| May 7, 2026 | Guimaraes Enderson Director | Award | 2,650 | $0 |
| May 7, 2026 | Clark Celeste A. Director | Award | 2,650 | $0 |
| May 7, 2026 | Schroder Soren Director | Award | 2,650 | $0 |
| May 7, 2026 | Barden Larry Director | Award | 261 | $9.8K |
| May 7, 2026 | Stoffel Kurt Director | Award | 2,650 | $0 |
| May 1, 2026 | MANZI JOSEPH Chief Accounting Officer | Sale | 3,000 | $191.7K |
| Mar 9, 2026 | STUEWE RANDALL C Chairman and CEO | Tax withheld | 35,446 | $1.84M |
| Mar 9, 2026 | STUEWE RANDALL C Chairman and CEO | Award | 90,078 | $0 |
| Mar 9, 2026 | Finnimore Mark Joseph EVP Canada & N America Spec | Tax withheld | 1,113 | $57.8K |
| Mar 9, 2026 | Finnimore Mark Joseph EVP Canada & N America Spec | Award | 2,079 | $0 |
| Mar 9, 2026 | Colpaert Jeroen EVP Rousselot | Award | 9,252 | $0 |
| Mar 9, 2026 | van der Velden Jan EVP Int Rendering&Specialties | Tax withheld | 7,328 | $380.5K |
| Mar 9, 2026 | van der Velden Jan EVP Int Rendering&Specialties | Award | 14,803 | $0 |
| Mar 9, 2026 | MANZI JOSEPH Chief Accounting Officer | Award | 4,101 | $0 |
| Mar 9, 2026 | Lairmore Brandon EVP US Rendering Operations | Tax withheld | 675 | $35.0K |
| Mar 9, 2026 | Lairmore Brandon EVP US Rendering Operations | Award | 1,652 | $0 |
| Mar 9, 2026 | Dudley Sandra EVP Chief Strategy Officer | Tax withheld | 4,547 | $236.1K |
| Mar 9, 2026 | Dudley Sandra EVP Chief Strategy Officer | Award | 11,555 | $0 |
| Mar 9, 2026 | Kemphaus Nicholas James EVP Gen. Counsel & Secretary | Tax withheld | 1,819 | $94.4K |
| Mar 9, 2026 | Kemphaus Nicholas James EVP Gen. Counsel & Secretary | Award | 4,621 | $0 |
| Mar 9, 2026 | McNutt Patrick EVP Chief Admin Officer | Tax withheld | 3,486 | $181.0K |
| Mar 9, 2026 | MANZI JOSEPH Chief Accounting Officer | Tax withheld | 999 | $51.9K |
| Mar 9, 2026 | McNutt Patrick EVP Chief Admin Officer | Award | 9,245 | $0 |
| Mar 9, 2026 | Day Robert W EVP Chief Financial Officer | Tax withheld | 2,026 | $105.2K |
| Mar 9, 2026 | Day Robert W EVP Chief Financial Officer | Award | 4,654 | $0 |
| Mar 9, 2026 | Colpaert Jeroen EVP Rousselot | Tax withheld | 4,580 | $237.8K |
| Mar 6, 2026 | STUEWE RANDALL C Chairman and CEO | Gift | 23,250 | $0 |
| Mar 6, 2026 | STUEWE RANDALL C Chairman and CEO | Sale | 20,000 | $1.04M |
| Mar 6, 2026 | STUEWE RANDALL C Chairman and CEO | Tax withheld | 139,754 | $7.43M |
| Mar 6, 2026 | STUEWE RANDALL C Chairman and CEO | Option exercise | 263,704 | $3.16M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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