AI-extracted from the 10-Q filed 2026-08-07 — Q2 FY2026 (quarter ended July 4, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total net sales rose to $1,724.1M and segment operating income jumped to $555.2M, driven by $350.0M of equity income from the Diamond Green Diesel joint venture versus $6.0M a year ago.
Biggest Revenue Drivers
Feed Ingredients$1,149.5M
Higher fat and protein finished product prices plus increased used cooking oil volumes
Food Ingredients$408.5M
Increases in collagen demand leading to increases in sales volumes
Biggest Revenue Drivers
Total revenue: $1,724.1M
Feed Ingredients$1,149.5M
Higher fat and protein finished product prices plus increased used cooking oil volumes
Increases in collagen demand leading to increases in sales volumes
Fuel Ingredients$166.1M
Higher energy prices
Largest Expense Items
Cost of sales and operating expenses$1,220.7M
Excludes depreciation and amortization; gross margin improved to 29.2% from 23.3%
Selling, general and administrative expenses$151.0M
Corporate SG&A rose $4.8M primarily due to higher incentive based compensation
Depreciation and amortization$130.2M
Interest expense$55.5M
Increase primarily due to interest associated with the 4.5% Notes
Margins: Consolidated gross margin rose to 29.2% from 23.3%, with Feed at 27.8% on higher fat and protein prices and improved quality, Food at 36.3% helped by $18.5M of net tariff recoveries, and Fuel at 21.1% on higher finished product prices.
Watch Items from the Filing
Net sales to the Diamond Green Diesel joint venture were $413.5M, approximately 24% of total net sales, up from 20% a year ago.
Equity in DGD net income of $350.0M drove most of pretax income; DGD recorded $176.8M of production tax credits in the quarter, exposing earnings to CFPC policy changes.
Assets held for sale of $121.8M cover the U.S. grease trap business (sold July 21, 2026 for ~$84.1M proceeds) and the natural casings business (~€58.0M, expected to close by end of 2026).
Debt totals $3,947.7M with $500.0M of 5.25% Notes due April 2027 and no decision yet on refinancing versus repayment.
Board refreshed the buyback to $1.0 billion on August 5, 2026, after $73.4M of repurchases in the first six months.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Aspell Robert PatrickReporting ownerGrant or award · May 7, 2026
Barden LarryReporting ownerGrant or award · May 7, 2026
Clark Celeste A.Reporting ownerGrant or award · May 7, 2026
Goodspeed LindaReporting ownerGrant or award · May 7, 2026
Congress trading in DAR
2 transactions in DAR reported by 1 member of Congress under the STOCK Act, most recent trade Jul 14, 2023. Reported transactions, not recommendations.
About DARLING INGREDIENTS INC. (DAR): stock profile, AI score and financials
DARLING INGREDIENTS INC. (DAR) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Staples sector company. 13F Pro's AI-powered ranking engine scores DAR at 64.4/100 on a composite quality score built from its SEC filings, placing it at rank #542 of 2,925 stocks — the top 25% of the AI-ranked universe. DAR scores in the top quartile across revenue scale (81.4). Areas of concern include revenue growth (36.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), DARLING INGREDIENTS INC. reports quarterly revenue of $1.7B, net income of $387.3M, an operating margin of 32.2%. Top institutional holders of DAR by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. DAR trades on the NYSE exchange and files with the SEC under CIK 916540. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DAR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DARLING INGREDIENTS INC. directly from SEC EDGAR.