Earnings ·
Reports $1.67 per share net income and $514.3 million Adjusted EBITDA for third quarter
DARDarling Ingredients Inc.
Darling Ingredients Inc. reported net income attributable to Darling of $267.0 million, or $1.67 per GAAP diluted share, for the third quarter ended October 3, 2026, compared to $19.4 million, or $0.12 per share, in the prior-year period. Total net sales rose 14.5% to $1.8 billion from $1.6 billion. Combined Adjusted EBITDA more than doubled to $514.3 million from $244.9 million, driven by a significant turnaround at its Diamond Green Diesel joint venture, which contributed $204.2 million in Adjusted EBITDA and provided $171.0 million in cash distributions. The company reduced net debt by approximately $420 million and repurchased $75.9 million of common stock during the quarter. Darling Ingredients Inc. operates in the global ingredients industry, converting animal by-products, used cooking oils, and renewable feedstocks into fats, proteins, collagen, and renewable diesel.