← Research LibraryThe BriefFY2026 10-K · headline figures audited against SEC data
Darling Ingredients grew revenue and generated strong free cash flow, but thin profit and faster capital spending showed uneven economics across ingredients and renewable fuel.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 7.4%OK
- Profitability — Net income declined 77.5% to $62.804M from $278.88MWatch
- Cash flow — Free cash flow grew 34.0% to $679.242M from $506.824MOK
- Margins — Operating margin contracted 373 bps to 4.46%Watch
- Accounting — Strong cash flow with thin reported profitNote
- Insiders — 0 purchases and 10 salesWatch
Business
Darling Ingredients converts animal by-products and food waste into fats, proteins, feed ingredients and fuel feedstocks.
Where the revenue comes from
Fiscal 2025, as DARLING INGREDIENTS INC. reports it. History and quarterly detail are in the app.
- Feed Ingredients$4.0B
- Food Ingredients$1.5B
- Fuel Ingredients$600.8M
Leadership changes
From DARLING INGREDIENTS INC.'s own filings, the day they're filed.
- Robert Aspell · Chairman · appointmenteff. 2026-02-25
- Matt Jansen · Chief Operating Officer · departureeff. 2025-09-26
- Brad Phillips · Chief Financial Officer · departureeff. 2025-06-15
Latest filings
- 10-Q · Quarterly report2026-08-07
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-05-11
- 8-K · Company announcement2026-05-08
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about DARLING INGREDIENTS INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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