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Darling Ingredients Inc.

DAR · Consumer Staples

Last earnings Oct 28, 2026

Key results

Net incomequarter

$267.0 million

Reports Third Quarter 2026 Results Net income attributable to Darling of $267.0 million, or $1.67 per GAAP diluted share, compared to net income attributable to Darling of $19.4 million, or $0.12 per GAAP diluted share for the third quarter 2025 Total net sales were $1.8 billion, compared to $1.6 billion for third quarter 2025 Combined Adjusted EBITDA was $514.3 million, compared to $244.9 million for third quarter 2025 Received $171.0 million in cash distributions from Diamond Green Diesel (DGD) Reduced net debt by approximately $420 million Repurchased $75.9 million in common stock in third quarter IRVING, TEXAS - Darling Ingredients Inc.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

(NYSE DAR) today reported net income attributable to Darling of $267.0 million or $1.67 per GAAP diluted share for the third quarter of 2026, compared to net income attributable to Darling of $19.4 million, or $0.12 per GAAP diluted share, for the third quarter of 2025.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

3, 2026, the company reported net income attributable to Darling of $788.6 million, or $4.91 per GAAP diluted share, compared to a net income attributable to Darling of $5.9 million, or $0.04 per GAAP diluted share for the same period a year ago.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

AI analysis

Q4 2026 · reported Oct 28, 2026

Based on: Earnings release + Q4 2026 deck + parent 8-K — transcript not held

Net income · Q4 2026
$267.0M
EX-99 · Oct 28, 2026

Headline figures

MetricQ4 2026Prior qtrYear ago
Net income$267.0 million——

EX-99 · Oct 28, 2026

Guidance · company-stated

Direction: Reiterated

Company outlook

“Reflecting this financial strength, Darling Ingredients reaffirms fiscal year 2026 Combined Adjusted EBITDA guidance of $2.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Net income$267.0M
Dividend$33.4M

Reports Third Quarter 2026 Results Net income attributable to Darling of $267.0 million, or $1.67 per GAAP diluted share, compared to net income attributable to Darling of $19.4 million, or $0.12 per GAAP diluted share for the third quarter 2025 Total net sales were $1.8 billion, compared to $1.6 billion for third quarter 2025 Combined Adjusted EBITDA was $514.3 million, compared to $244.9 million for third quarter 2025 Received $171.0 million in cash distributions from Diamond Green Diesel (DGD) Reduced net debt by approximately $420 million Repurchased $75.9 million in common stock in third quarter IRVING, TEXAS - Darling Ingredients Inc.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Darling Ingredients Inc. — Earnings release (2026-10-28)

Based on: Earnings release + Q4 2026 deck + parent 8-K — transcript not held

Guidance & outlook

Direction: Reiterated

Company outlook: “Reflecting this financial strength, Darling Ingredients reaffirms fiscal year 2026 Combined Adjusted EBITDA guidance of $2.”

Company outlook — Reiterated (“reaffirms”)
“Reflecting this financial strength, Darling Ingredients reaffirms fiscal year 2026 Combined Adjusted EBITDA guidance of $2.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Reports Third Quarter 2026 Results Net income attributable to Darling of $267.0 million, or $1.67 per GAAP diluted share, compared to net income attributable to Darling of $19.4 million, or $0.12 per GAAP diluted share for the third quarter 2025 Total net sales were $1.8 billion, compared to $1.6 billion for third quarter 2025 Combined Adjusted EBITDA was $514.3 million, compared to $244.9 million for third quarter 2025 Received $171.0 million in cash distributions from Diamond Green Diesel (DGD) Reduced net debt by approximately $420 million Repurchased $75.9 million in common stock in third quarter IRVING, TEXAS - Darling Ingredients Inc.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

The company received approximately $33.4 million in dividends and approximately $137.6 million from Production Tax Credit sales from DGD in the third quarter.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

During the quarter, the company repurchased $75.9 million of its common stock, bringing its repurchases through the third quarter to $149.4 million.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

However, the amounts shown above for Adjusted EBITDA differ from the amounts calculated under similarly titled definitions in the Company s Senior Secured Credit Facilities, 6% Notes, 5.25% Notes and 4.5% Notes, as those definitions permit further adjustments to reflect certain other nonrecurring costs, non-cash charges and cash dividends from the DGD Joint Venture.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

The Company s announced share repurchase program may be suspended or discontinued at any time and purchases of shares under the program are subject to market conditions and other factors, which are likely to change from time to time.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

The Company s announced share repurchase program may be suspended or discontinued at any time and purchases of shares under the program are su bject to market conditions and other factors, which are likely to change from time to time.

SEC original ↗Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2026

Strategy & priorities

Driven by an ongoing focus on deleveraging and confidence in the cash-generating power of its global operations, the company anticipates ending fiscal year 2026 with net debt at or below $3.0 billion, with a leverage ratio below 1.5X.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Risks & headwinds

or foreign (including, without limitation, China) regulations (including new or modified animal feed, Bird Flu, SARS, PED, BSE or ASF or similar or unanticipated regulations) affecting the industries in which the Company operates or its value added products risks associated with the DGD Joint Venture, including possible unanticipated operating disruptions and or a decline in margins on the products produced by the DGD Joint Venture risks and uncertainties relating to international sales and operations, including imposition of tariffs, quotas, trade barriers and other trade protections by the U.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

or elsewhere around the world, including, without limitation, impacts to trade, tariffs and or policies impacting the Company (such as biofuel policies and mandates) and or unfavorable export or import markets.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

or foreign (including, w ithout limitation, China) regulations (including new or modified animal feed, Bird Flu, SARS, PED, BSE or ASF or similar or unanticipated regulations) affecting the industries in which the Company operat es or its value added products; risks associated with the DGD Joint Venture, including possible unanticipated operating disruptions and/or a decline in margins on the products produced by the DGD Joint Ven ture; risks and uncertainties relating to international sales and operations, including imposition of tariffs, quotas, trade barriers and other trade protections by the U.

SEC original ↗Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2026

or elsewhere aroun d t he world, including, without limitation, impacts to trade, tariffs and/or policies impacting the Company (such as biofuel policies and mandates); and/or unfavorable export or import markets.

SEC original ↗Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2026

Limited tariff environment DGD $0.92 ADJ.

SEC original ↗Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2026

Limited tariff environment Similar to Q1 2026 run -rate DGD $0.33 ADJ.

SEC original ↗Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 28, 2026

What changed vs prior quarter

Net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Darling Ingredients Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026

Documents

Earnings deck slides

6 decks with slide view

Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Darling Ingredients Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Slide history — recurring slides by stated title

Slides are matched across this company’s decks by their stated title only; a title listed here appeared in more than one held deck.

FINANCIAL RESULTS — Oct 28, 2026 · slide 1 · Oct 28, 2026 · slide 1 · Oct 28, 2026 · slide 1 · Oct 28, 2026 · slide 1 · Oct 28, 2026 · slide 1 · Oct 28, 2026 · slide 1

Appendix — Oct 28, 2026 · slide 12 · Oct 28, 2026 · slide 12 · Oct 28, 2026 · slide 12 · Oct 28, 2026 · slide 13

California LCFS and RIN Value History — Oct 28, 2026 · slide 13 · Oct 28, 2026 · slide 14 · Oct 28, 2026 · slide 14 · Oct 28, 2026 · slide 15

Combined Adjusted EBITDA (in millions, unaudited) — Oct 28, 2026 · slide 4 · Oct 28, 2026 · slide 4 · Oct 28, 2026 · slide 4 · Oct 28, 2026 · slide 5

Feed Segment — Oct 28, 2026 · slide 5 · Oct 28, 2026 · slide 5 · Oct 28, 2026 · slide 5 · Oct 28, 2026 · slide 6

Feed Segment Sales (unaudited) — Oct 28, 2026 · slide 15 · Oct 28, 2026 · slide 16 · Oct 28, 2026 · slide 16 · Oct 28, 2026 · slide 17

Feed Segment – Historical (unaudited) — Oct 28, 2026 · slide 14 · Oct 28, 2026 · slide 15 · Oct 28, 2026 · slide 15 · Oct 28, 2026 · slide 16

Food Segment — Oct 28, 2026 · slide 7 · Oct 28, 2026 · slide 7 · Oct 28, 2026 · slide 7 · Oct 28, 2026 · slide 8

Food Segment – Historical (unaudited) — Oct 28, 2026 · slide 16 · Oct 28, 2026 · slide 17 · Oct 28, 2026 · slide 17 · Oct 28, 2026 · slide 18

Fuel Segment — Oct 28, 2026 · slide 9 · Oct 28, 2026 · slide 9 · Oct 28, 2026 · slide 9 · Oct 28, 2026 · slide 10

Fuel Segment – Historical (unaudited) — Oct 28, 2026 · slide 17 · Oct 28, 2026 · slide 18 · Oct 28, 2026 · slide 18 · Oct 28, 2026 · slide 19

Historical Pricing — Oct 28, 2026 · slide 18 · Oct 28, 2026 · slide 19 · Oct 28, 2026 · slide 19 · Oct 28, 2026 · slide 20

Non-U.S. GAAP Measures — Oct 28, 2026 · slide 21 · Oct 28, 2026 · slide 21 · Oct 28, 2026 · slide 22

This presentation includes “forward-looking” statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the — Oct 28, 2026 · slide 2 · Oct 28, 2026 · slide 2 · Oct 28, 2026 · slide 2

2025 – 2027 RVO / RIN S&D — Oct 28, 2026 · slide 13 · Oct 28, 2026 · slide 13

Reconciliation of Net Income to (Non-GAAP) Adjusted EBITDA to (Non-GAAP) Pro Forma — Oct 28, 2026 · slide 20 · Oct 28, 2026 · slide 20

Reconciliation of Net Income/(Loss) to (Non-GAAP) Adjusted EBITDA to (Non-GAAP) Pro Forma — Oct 28, 2026 · slide 19 · Oct 28, 2026 · slide 21

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

British American Tobacco (BTI) Consumer StaplesJBS N.V. (JBS) Consumer StaplesAltria (MO) Consumer StaplesCostco (COST) Consumer StaplesSanfilippo John B & Son Inc. (JBSS) Consumer StaplesPhilip Morris International (PM) Consumer StaplesDollar General (DG) Consumer StaplesFEMSA (FMX) Consumer Staples

Filings

32 documents

Earnings releases

44 documents

Presentations

12 documents

Transcripts

0 documents

No transcripts for Darling Ingredients Inc. are held in this edition of the library.

Mentioned by

10 companies

Other tracked companies whose held documents mention Darling Ingredients Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.