Darling Ingredients Q2 profit falls to $12.7 million; 2025 outlook adjusted
Darling Ingredients reported second-quarter 2025 net income of $12.7 million, or $0.08 per diluted share, down from $78.9 million, or $0.49 per share, a year earlier, driven by lower earnings at Diamond Green Diesel (DGD). Total net sales were flat at $1.5 billion, and combined adjusted EBITDA fell to $249.5 million from $273.6 million. The company adjusted its 2025 combined adjusted EBITDA outlook to $1.05-$1.10 billion, citing uncertainty over small refinery exemptions and RIN pricing.
Key points
- Q2 2025 net income attributable to Darling was $12.7 million ($0.08 per diluted share), versus $78.9 million ($0.49) in Q2 2024.
- Total net sales were $1.5 billion in both periods; six-month net loss was $13.5 million, or $(0.09) per diluted share.
- Combined adjusted EBITDA was $249.5 million for Q2 2025, compared with $273.6 million a year earlier.
- 2025 combined adjusted EBITDA outlook adjusted to $1.05-$1.10 billion; the company also refinanced long-term debt and signed a non-binding term sheet to form Nextida, a collagen and gelatin company.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.