Douglas Dynamics, Inc.

PLOW: 10-Q · periodic report

Douglas Dynamics reported net sales of $352.4 million for the six months ended June 30, 2026, an increase of 13.9% year-over-year. The growth was primarily driven by higher volumes in the Work Truck Attachments segment due to improved snowfall levels and the contribution from the Venco Venturo acquisition, which offset lower commercial volumes in the Work Truck Solutions segment. Net income for the period rose 21.6% to $31.8 million, with diluted earnings per share increasing to $1.33 from $1.09 in the prior year period. Gross margin improved to 29.7% from 28.6%, attributed to favorable segment mix and the impact of tariff refunds. Cash and cash equivalents decreased to $1.9 million from $8.3 million at year-end, attributed to seasonal working capital needs and inventory build, though total liquidity remained $69.4 million including revolver availability. The company repurchased $6.0 million of shares and paid $14.2 million in dividends during the first half of 2026.

SEC 10-Q•2mo ago

Douglas Dynamics Reports Record Second Quarter 2026 Results

Douglas Dynamics reported record Q2 revenue of $214.6 million, up 10% year-over-year, while GAAP net income dipped slightly to $25.4 million. Adjusted EBITDA increased 5% to a record $44.6 million and adjusted diluted EPS rose 7% to a record $1.22, driven by strong demand in the Work Truck Attachments segment. Management raised full-year 2026 guidance, projecting sales of $765M to $805M and adjusted EPS of $2.90 to $3.40, and returned $10 million to shareholders via dividends and buybacks.

•2mo ago

Douglas Dynamics Reports Record First Quarter 2026 Results

Douglas Dynamics delivered record Q1 2026 results, with net sales rising 20% to $137.8 million and Adjusted EBITDA surging 78% to $16.8 million. Driven by heavy snowfall and the Venco Venturo acquisition, the Work Truck Attachments segment saw sales jump 67%, helping drive a 400-basis point improvement in Adjusted EBITDA margin to 12.2%. Management raised full-year 2026 guidance, now targeting net sales of $750-$795 million and Adjusted EBITDA of $110-$125 million, while returning $10.1 million to shareholders via dividends and buybacks.

•5mo ago