AI Earnings Predictions for Darling Ingredients Inc. (DAR)

SEC.gov | Request Rate Threshold Exceeded

U.S. Securities and Exchange Commission

You’ve Exceeded the SEC’s Traffic Limit

Your request rate has exceeded the SEC’s maximum allowable requests per second. Your access to SEC.gov will be limited for 10 minutes.

Current guidelines limit each user to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. To ensure that SEC.gov remains available to all users, we reserve the right to block IP addresses that submit excessive requests.

The block will be lifted automatically by waiting 10 minutes. Continuing to exceed the SEC’s maximum allowable request rate during the time-out period will extend the duration of the time-out period. To ensure fair access for all users, please reduce the rate of your requests and visit SEC.gov again after the 10 minute time-out period has passed.

For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. For more information, contact opendata@sec.gov.

For more information, please see the SEC’s Web Site Privacy and Security Policy. Thank you for your interest in the U.S. Securities and Exchange Commission.

Reference ID: 0.e618d017.1785594732.309f7b38

More Information

Internet Security Policy

By using this site, you are agreeing to security monitoring and auditing. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users.

Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. §§ 1001 and 1030).

To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. We reserve the right to block IP addresses that submit excessive requests. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests.

If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website.

Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users.

Note: We do not offer technical support for developing or debugging scripted downloading processes.

EX-99.1

2 exh991-pressreleaseq12026.htm

EX-99.1 PRESS RELEASE

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

April 30, 2026

Darling Ingredients Inc. Reports First Quarter 2026 Results

•Net income of $134.3 million, or $0.83 per GAAP diluted share, compared to net loss of $(26.2) million, or $(0.16) per GAAP diluted share for the first quarter 2025

•Total net sales were $1.6 billion, compared to $1.4 billion for first quarter 2025

•Combined Adjusted EBITDA was $406.8 million, compared to $195.8 million for first quarter 2025

•Monetized $45.0 million of Production Tax Credit sales during the first quarter of 2026

IRVING, TEXAS - Darling Ingredients Inc. (NYSE: DAR) today reported net income of $134.3 million or $0.83 per diluted share for the first quarter of 2026, compared to a net loss of $(26.2) million, or $(0.16) per diluted share, for the first quarter of 2025. The company also reported total net sales of $1.6 billion for the first quarter of 2026, compared with total net sales of $1.4 billion for the same period a year ago.

“This quarter marked a clear inflection point for Darling Ingredients’ earning power across both our core business and Diamond Green Diesel,” said Randall C. Stuewe, Chairman and Chief Executive Officer. “Disciplined risk management and market execution drove exceptional core results and improved DGD performance, reinforcing our resiliency and the potential of our global platform.”

For the three months ended March 31, 2026, Diamond Green Diesel (DGD) sold 272.4 million gallons of renewable fuels at an average of $1.11 per gallon EBITDA. DGD had a favorable LCM inventory valuation adjustment of approximately $48.4 million attributable to Darling Ingredients.

Combined Adjusted EBITDA for the first quarter of 2026 was $406.8 million, compared to $195.8 million for the same period in 2025.

The company enhanced its liquidity by monetizing approximately $45.0 million in Production Tax Credit (PTC) sales during the first quarter of 2026, improving cash generation for continued deleveraging.

As of April 4, 2026, Darling Ingredients had $116.0 million in cash and cash equivalents, and $1.1 billion available under its committed revolving credit agreement. Total debt outstanding as of April 4, 2026, was $4.1 billion. The preliminary leverage ratio as measured by the company’s bank covenant was 3.17X as of April 4, 2026. Capital expenditures were $94.8 million for the first quarter 2026. The company estimates capital expenditures to be approximately $400.0 million for fiscal year 2026.

As previously announced, Darling Ingredients will provide financial guidance exclusively for its core ingredients business (all segments excluding DGD). For second quarter 2026, the company estimates core ingredients business Adjusted EBITDA to be approximately $260-275 million.

Page 1

Darling Ingredients Inc. and Subsidiaries

Consolidated Statements of Operations

For the Three Months Ended April 4, 2026 and March 29, 2025

(in thousands, except per share data, unaudited)

Three Months Ended

$ Change

April 4,March 29,Favorable

20262025(Unfavorable)

Net sales to third parties$1,302,139 $1,162,642 $139,497

Net sales to related party - Diamond Green Diesel248,682 217,952 30,730

Total net sales1,550,821 1,380,594 170,227

Costs and expenses:

Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below)1,145,900 1,069,243 (76,657)

Loss on sale of assets203 62 (141)

Selling, general and administrative expenses149,067 121,556 (27,511)

Restructuring and asset impairment charges364 — (364)

Acquisition and integration costs4,970 1,534 (3,436)

Change in fair value of contingent consideration— 5,441 5,441

Depreciation and amortization130,909 123,835 (7,074)

Total costs and expenses1,431,413 1,321,671 (109,742)

Equity in net income/(loss) of Diamond Green Diesel107,363 (30,523)137,886

Operating income226,771 28,400 198,371

Other expense:

Interest expense(54,117)(57,967)3,850

Foreign currency gain/(loss)3,143 (1,362)4,505

Other income/(expense), net(3,010)3,333 (6,343)

Total other expense(53,984)(55,996)2,012

Equity in net income of other unconsolidated subsidiaries2,895 2,628 267

Income/(loss) from operations before income taxes175,682 (24,968)200,650

Income tax expense/(benefit)38,626 (1,154)(39,780)

Net income/(loss)137,056 (23,814)160,870

Net income attributable to noncontrolling interests(2,743)(2,346)(397)

Net income/(loss) attributable to Darling$134,313 $(26,160)$160,473

Basic income per share:$0.85 $(0.16)$1.01

Diluted income per share:$0.83 $(0.16)$0.99

Number of diluted common shares:161,031 158,677

Page 2

Segment Financial Tables (in thousands, unaudited)

Feed IngredientsFood IngredientsFuel IngredientsCorporateTotal

Three Months Ended April 4, 2026

Total net sales$985,338 $405,233 $160,250 $— $1,550,821

Cost of sales and operating expenses736,354 287,976 121,570 — 1,145,900

Gross margin248,984 117,257 38,680 — 404,921

Lo

dar-202602110000916540false00009165402026-02-112026-02-11

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported) February 11, 2026

DARLING INGREDIENTS INC.

(Exact Name of Registrant as Specified in Charter)

Delaware001-1332336-2495346 (State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)

5601 N. MacArthur Blvd., Irving, Texas 75038 (Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (972) 717-0300

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common stock $0.01 par value per shareDARNew York Stock Exchange(“NYSE”) NYSE Texas

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

1

Item 2.02.    Results of Operations and Financial Condition.

On February 11, 2026, Darling Ingredients Inc. (the “Company”) issued a press release announcing financial results for the fourth quarter and fiscal year ended January 3, 2026. A copy of this press release is attached hereto as Exhibit 99.1.

The Company will hold a conference call and webcast on Thursday, February 12, 2026 to discuss these financial results. The Company will have a slide presentation available to augment management's formal presentation, which will be accessible via the investor relations section of the Company's website. A copy of this slide presentation is attached hereto as Exhibit 99.2.

The Company is making reference to non-GAAP financial measures in both the press release and the conference call. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached press release.

The information in this Item 2.02, including the exhibits attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.     Financial Statements and Exhibits.

(d)           Exhibits.

99.1 Press Release dated February 11, 2026 (furnished pursuant to Item 2.02).

99.2 Slide Presentation dated February 11, 2026 (furnished pursuant to Item 2.02).

104 Cover Page Interactive Data File (embedded within Inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DARLING INGREDIENTS INC.

Date: February 11, 2026By:/s/ Nick Kemphaus Nick Kemphaus Executive Vice President, General Counsel

3