Darling Ingredients Inc (DAR) financial statements: income statement, balance sheet and cash flow

Darling Ingredients Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 3, 2026 · FY), Darling Ingredients Inc reported revenue of $6.1B (+7.4% year on year) and net income of $70.4M (-75.4% year on year).

Income statement

Darling Ingredients Inc income statement, fiscal years

Line item	Jan 3, 2026 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Total net sales	$6.1B	$5.7B	$6.8B	$6.5B
Cost of sales and operating expenses	$4.7B	$4.4B	$5.1B	$5.0B
Gain on sale of assets	($340.0K)	($4.2M)	($7.4M)	($4.5M)
Selling, general and administrative expenses	$551.2M	$492.1M	$542.5M	$436.6M
Restructuring and asset impairment charges	$58.0M	$5.8M	$18.6M	$29.7M
Depreciation and amortization	$508.5M	$503.8M	$502.0M	$394.7M
Acquisition and integration costs	$15.9M	$7.8M	$13.9M	$16.4M
Change in fair value of contingent consideration	$18.0M	($46.7M)	($7.9M)	—
Total costs and expenses	$5.8B	$5.4B	$6.2B	$5.9B
Equity in net income of Diamond Green Diesel	($48.8M)	$149.1M	$366.4M	$372.3M
Operating income	$273.4M	$468.2M	$949.7M	$1.0B
Interest expense	($222.3M)	($253.9M)	($259.2M)	($125.6M)
Loss on early retirement of debt	($3.0M)	—	—	—
Foreign currency gain/(loss)	($384.0K)	($1.2M)	$8.1M	($11.3M)
Other income, net	$468.0K	$22.3M	$16.3M	($3.6M)
Total other expense	($225.2M)	($232.7M)	($234.8M)	($140.5M)
Equity in net income of other unconsolidated subsidiaries	$12.8M	$12.0M	$5.0M	$5.1M
Income before income taxes	$61.0M	$247.5M	$720.0M	$893.7M
Income tax expense/(benefit)	($9.4M)	($38.3M)	$59.6M	$146.6M
Net income	$70.4M	$285.8M	$660.4M	$747.1M
Net income attributable to noncontrolling interests	($7.6M)	($7.0M)	($12.7M)	($9.4M)
Net income attributable to Darling	$62.8M	$278.9M	$647.7M	$737.7M
Basic (in dollars per share)	$0.40	$1.75	$4.05	$4.58
Diluted (in dollars per share)	$0.39	$1.73	$3.99	$4.49

Darling Ingredients Inc income statement, quarters

Line item	Jul 4, 2026 · Q2	Apr 4, 2026 · Q1	Sep 27, 2025 · Q3	Jun 28, 2025 · Q2
Net sales	$1.7B	$1.6B	$1.6B	$1.5B
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below)	$1.2B	$1.1B	$1.2B	$1.1B
Loss/(gain) on sale of assets	($116.0K)	$203.0K	($375.0K)	$952.0K
Selling, general and administrative expenses	$150.9M	$149.1M	$139.6M	$138.1M
Restructuring and asset impairment charges	$3.9M	$364.0K	—	—
Acquisition and integration costs	$13.2M	$5.0M	$6.2M	$3.4M
Change in fair value of contingent consideration	$0	$0	$0	$12.6M
Depreciation and amortization	$130.2M	$130.9M	$124.1M	$121.1M
Total costs and expenses	$1.5B	$1.4B	$1.4B	$1.4B
Equity in net income/(loss) of Diamond Green Diesel	$350.0M	$107.4M	($45.8M)	$6.0M
Operating income	$555.2M	$226.8M	$71.7M	$75.9M
Interest expense	($55.5M)	($54.1M)	($56.9M)	($51.9M)
Loss on early retirement of debt	$0	—	$0	($3.0M)
Foreign currency gain/(loss)	$208.0K	$3.1M	$1.1M	$1.3M
Other expense, net	($1.9M)	($3.0M)	$662.0K	($6.5M)
Total other expense	($57.2M)	($54.0M)	($55.2M)	($60.1M)
Equity in net income of other unconsolidated subsidiaries	$1.9M	$2.9M	$3.3M	$2.5M
Income/(loss) before income taxes	$499.9M	$175.7M	$19.8M	$18.3M
Income tax expense	$110.6M	$38.6M	($1.2M)	$4.1M
Net income/(loss)	$389.3M	$137.1M	$21.1M	$14.3M
Net income attributable to noncontrolling interests	($2.0M)	($2.7M)	($1.7M)	($1.6M)
Net income/(loss) attributable to Darling	$387.3M	$134.3M	$19.4M	$12.7M
Basic income per share (in dollars per share)	$2.44	$0.85	$0.12	$0.08
Diluted income per share (in dollars per share)	$2.41	$0.83	$0.12	$0.08

Balance sheet

Darling Ingredients Inc balance sheet, fiscal years

Line item	Jan 3, 2026 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$88.7M	$76.0M	$126.5M	$127.0M
Restricted cash	$16.7M	$37.6M	$292.0K	$315.0K
Accounts receivable	$643.2M	$590.6M	$798.3M	$676.6M
Inventories	$527.7M	$576.8M	$758.7M	$673.6M
Prepaid expenses	$85.2M	$81.3M	$105.7M	$85.7M
Income taxes refundable	$8.3M	$35.1M	$23.6M	$18.6M
Assets held for sale	$143.5M	—	—	—
Other current assets	$40.1M	$42.1M	$42.6M	$56.3M
Total current assets	$1.6B	$1.4B	$1.9B	$1.6B
Property, plant and equipment, net	$2.8B	$2.7B	$2.9B	$2.5B
Intangible assets, net	$845.0M	$898.4M	$1.1B	$865.1M
Goodwill	$2.5B	$2.3B	$2.5B	$2.0B
Investment in unconsolidated subsidiaries	$2.2B	$2.3B	$2.3B	$1.9B
Operating right-of-use assets, net	$223.7M	$210.7M	$205.5M	$186.1M
Other assets	$190.2M	$199.6M	$235.0M	$136.3M
Deferred income taxes	$24.5M	$22.4M	$17.7M	$17.9M
Total assets	$10.3B	$10.1B	$11.1B	$9.2B
Current portion of long-term debt	$75.2M	$133.0M	$60.7M	$69.8M
Accounts payable, principally trade	$371.1M	$348.7M	$425.6M	$472.5M
Income taxes payable	$16.0M	$9.7M	$15.5M	$44.9M
Operating lease liability, current	$61.7M	$62.8M	$55.3M	$49.2M
Liabilities to be disposed of	$25.1M	—	—	—
Accrued expenses	$485.5M	$489.3M	$441.0M	$432.0M
Total current liabilities	$1.0B	$1.0B	$998.1M	$1.1B
Long-term debt, net of current portion	$3.9B	$3.9B	$4.4B	$3.3B
Operating lease liability, non-current	$162.4M	$152.3M	$154.9M	$141.7M
Other noncurrent liabilities	$189.5M	$208.3M	$349.8M	$298.9M
Deferred income taxes	$240.6M	$293.0M	$498.2M	$481.8M
Total liabilities	$5.5B	$5.6B	$6.4B	$5.3B
Common stock, $0.01 par value; 250,000,000 shares authorized, 175,643,373 and 174,965,834 shares issued at January 3, 2026 and December 28, 2024, respectively	1.8M	1.8M	1.7M	1.7M
Additional paid-in capital	$1.7B	$1.7B	$1.7B	$1.7B
Treasury stock, at cost; 17,450,028 and 16,068,364 shares at January 3, 2026 and December 28, 2024, respectively	-719.3M	-672.7M	-629.0M	-554.5M
Accumulated other comprehensive loss	($339.2M)	($684.2M)	($198.3M)	($383.9M)
Retained earnings	$4.1B	$4.0B	$3.7B	$3.1B
Total Darling's stockholders’ equity	$4.7B	$4.4B	$4.6B	$3.8B
Noncontrolling interests	$72.6M	$86.5M	$88.3M	$87.5M
Total stockholders’ equity	$4.8B	$4.5B	$4.7B	$3.9B
Total liabilities and stockholders' equity	$10.3B	$10.1B	$11.1B	$9.2B

Darling Ingredients Inc balance sheet, quarters

Line item	Jul 4, 2026	Apr 4, 2026	Sep 27, 2025	Jun 28, 2025
Cash and cash equivalents	$160.7M	$116.0M	$91.5M	$94.6M
Restricted cash	$17.9M	$22.2M	$15.6M	$27.5M
Accounts receivable	$694.5M	$637.4M	$621.2M	$615.1M
Inventories	$605.4M	$577.6M	$622.3M	$605.3M
Prepaid expenses	$107.4M	$97.0M	$89.0M	$80.4M
Income taxes refundable	$7.2M	$7.0M	$22.9M	$24.1M
Assets held for sale	$121.8M	$128.0M	—	—
Other current assets	$42.5M	$61.0M	$40.2M	$48.3M
Total current assets	$1.8B	$1.6B	$1.5B	$1.5B
Property, plant and equipment, less accumulated depreciation of $3,104,192 at July 4, 2026 and $2,991,612 at January 3, 2026	$2.8B	$2.8B	$2.8B	$2.8B
Intangible assets, less accumulated amortization of $655,920 at July 4, 2026 and $627,722 at January 3, 2026	$822.0M	$832.1M	$881.4M	$898.8M
Goodwill	$2.6B	$2.5B	$2.5B	$2.5B
Investment in unconsolidated subsidiaries	$2.6B	$2.4B	$2.3B	$2.2B
Operating lease right-of-use assets	$222.6M	$220.7M	$232.3M	$232.6M
Other assets	$192.6M	$195.0M	$209.8M	$205.3M
Deferred income taxes	$20.8M	$28.3M	$15.8M	$16.2M
Total assets	$11.0B	$10.6B	$10.5B	$10.3B
Current portion of long-term debt	$96.8M	$75.1M	$76.9M	$51.6M
Accounts payable, principally trade	$413.3M	$356.2M	$374.8M	$365.7M
Income taxes payable	$23.4M	$17.7M	$15.5M	$14.7M
Current operating lease liabilities	$64.1M	$62.8M	$67.2M	$66.6M
Liabilities to be disposed of	$21.2M	$23.3M	—	—
Accrued expenses	$504.3M	$504.7M	$475.5M	$498.0M
Total current liabilities	$1.1B	$1.0B	$1.0B	$996.7M
Long-term debt, net of current portion	$3.9B	$4.1B	$4.0B	$3.9B
Long-term operating lease liabilities	$159.4M	$158.5M	$169.4M	$169.8M
Other non-current liabilities	$178.1M	$178.0M	$206.2M	$203.6M
Deferred income taxes	$366.4M	$269.9M	$270.9M	$283.3M
Total liabilities	$5.7B	$5.7B	$5.7B	$5.6B
Common stock, $0.01 par value; 250,000,000 shares authorized; 176,969,589 and 175,643,373 shares issued at July 4, 2026 and January 3, 2026, respectively	1.8M	1.8M	1.8M	1.8M
Additional paid-in capital	$1.7B	$1.7B	$1.7B	$1.7B
Treasury stock, at cost; 19,167,248 and 17,450,028 shares at        July 4, 2026 and January 3, 2026, respectively	-820.1M	-746.1M	-718.9M	-718.9M
Accumulated other comprehensive loss	($275.1M)	($322.4M)	($344.7M)	($396.3M)
Retained earnings	$4.6B	$4.2B	$4.0B	$4.0B
Total Darling’s stockholders’ equity	$5.2B	$4.9B	$4.7B	$4.6B
Noncontrolling interests	$60.5M	$68.1M	$80.3M	$79.8M
Total stockholders’ equity	$5.3B	$4.9B	$4.8B	$4.7B
Total liabilities and stockholders' equity	$11.0B	$10.6B	$10.5B	$10.3B

Cash flow statement

Darling Ingredients Inc cash flow statement, fiscal years

Line item	Jan 3, 2026 · FY	Dec 28, 2024 · FY	Dec 30, 2023 · FY	Dec 31, 2022 · FY
Net income	$70.4M	$285.8M	$660.4M	$747.1M
Depreciation and amortization	$508.5M	$503.8M	$502.0M	$394.7M
Deferred income taxes	($79.1M)	($186.4M)	($22.2M)	$46.7M
Gain on sale of assets	($340.0K)	($4.2M)	($7.4M)	($4.5M)
Asset impairment charges	$57.8M	$0	$4.7M	$29.7M
Change in fair value of contingent consideration	$18.0M	($46.7M)	($7.9M)	—
Gain on insurance proceeds from insurance settlement	$0	($19.0M)	—	—
Increase/(decrease) in long-term pension liability	$3.5M	$200.0K	($1.0M)	($7.0M)
Stock-based compensation expense	$21.8M	$20.9M	$33.2M	$25.0M
Loss on early retirement of debt	$3.0M	—	—	—
Write-off deferred loan costs	$0	$0	$653.0K	$0
Deferred loan cost amortization	$5.5M	$5.6M	$6.2M	$5.0M
Equity in net (income)/loss of Diamond Green Diesel and other unconsolidated subsidiaries	$36.0M	($161.1M)	($371.4M)	—
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries	$371.8M	$184.9M	$168.3M	$95.5M
Accounts receivable	($50.1M)	$179.8M	($10.8M)	($56.5M)
Income taxes refundable/payable	$33.4M	($17.3M)	($39.9M)	($3.5M)
Inventories and prepaid expenses	$24.0M	$163.8M	$49.6M	($130.2M)
Accounts payable and accrued expenses	$27.4M	($17.9M)	($82.9M)	$65.9M
Other	$8.2M	($53.1M)	$17.9M	($16.8M)
Net cash provided by operating activities	$1.1B	$839.3M	$899.3M	$813.7M
Capital expenditures	($380.5M)	($332.5M)	($555.5M)	($391.3M)
Acquisitions, net of cash acquired	$0	($116.7M)	($1.1B)	($1.8B)
Investment in Diamond Green Diesel	($328.2M)	($90.0M)	($75.0M)	($264.8M)
Investment in other unconsolidated subsidiaries	$0	($27.0K)	($27.0K)	$0
Loan to Diamond Green Diesel	($25.0M)	($100.0M)	$0	($50.0M)
Loan repayment from Diamond Green Diesel	$25.0M	$100.0M	$25.0M	$50.0M
Gross proceeds from sale of property, plant and equipment and other assets	$12.2M	$21.3M	$10.7M	$13.4M
Proceeds from insurance settlement	$15.0M	$19.0M	$14.0M	$0
Payments related to routes and other intangibles	($12.0K)	($16.0K)	($1.5M)	($1.5M)
Net cash used in investing activities	($681.4M)	($498.9M)	($1.7B)	($2.4B)
Proceeds from long-term debt	$1.1B	$5.9M	$817.1M	$1.9B
Payments on long-term debt	($1.6B)	($52.2M)	($319.4M)	($63.1M)
Borrowings from revolving credit facility	$2.0B	$1.4B	$2.7B	$1.9B
Payments on revolving credit facility	($1.6B)	($1.8B)	($2.2B)	($1.9B)
Net cash overdraft financing	($4.1M)	$41.5M	($9.8M)	$24.1M
Acquisition hold-back payments	($39.7M)	—	—	—
Contingent consideration payments	($52.7M)	($157.0K)	($3.8M)	—
Deferred loan costs	($18.3M)	$0	($9.0K)	($16.8M)
Issuance of common stock	$413.0K	$447.0K	$0	$0
Repurchase of common stock	($34.7M)	($34.3M)	($52.9M)	($125.5M)
Minimum withholding taxes paid on stock awards	($6.9M)	($8.0M)	($17.3M)	($46.9M)
Sale of noncontrolling interest in subsidiary	$3.2M	—	—	—
Acquisition of noncontrolling interest	($42.1M)	—	—	$0
Distributions to noncontrolling interests	($5.4M)	($10.8M)	($9.1M)	($4.5M)
Net cash provided/(used) in financing activities	($376.7M)	($399.6M)	$876.3M	$1.7B

Darling Ingredients Inc cash flow statement, quarters

Line item	Jul 4, 2026 · YTD	Apr 4, 2026 · Q1	Sep 27, 2025 · YTD	Jun 28, 2025 · YTD
Net income/(loss)	$526.3M	$137.1M	$11.5M	($9.5M)
Depreciation and amortization	$261.1M	$130.9M	$369.0M	$244.9M
Loss on sale of assets	$87.0K	$203.0K	$639.0K	$1.0M
Asset impairment	$4.3M	$364.0K	—	—
Change in fair value of contingent consideration	$0	$0	$18.0M	$18.0M
Deferred taxes	$116.0M	$24.8M	($41.9M)	($28.2M)
Increase/(decrease) in long-term pension liability	($80.0K)	($191.0K)	$5.7M	$5.6M
Stock-based compensation expense	$16.5M	$7.9M	$9.9M	$1.7M
Loss on early retirement of debt	$0	—	$3.0M	$3.0M
Deferred loan cost amortization	$2.6M	$1.3M	$3.8M	$2.9M
Equity in net loss/(income) of Diamond Green Diesel and other unconsolidated subsidiaries	($462.2M)	($110.3M)	$61.9M	$19.4M
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries	$281.7M	$0	$132.8M	$131.1M
Accounts receivable	($51.5M)	$7.5M	$2.8M	$7.1M
Income taxes refundable/payable	$11.9M	$5.2M	$18.3M	$16.3M
Inventories and prepaid expenses	($99.2M)	($55.4M)	($8.6M)	$14.9M
Accounts payable and accrued expenses	$107.7M	$19.9M	$26.3M	($32.8M)
Other	($28.9M)	($16.4M)	$5.8M	($630.0K)
Net cash provided by operating activities	$686.5M	$153.0M	$619.1M	$394.8M
Capital expenditures	($223.6M)	($94.8M)	($224.0M)	($133.9M)
Acquisitions, net of cash acquired	($122.2M)	($11.5M)	$0	$0
Investment in Diamond Green Diesel	($190.6M)	($190.1M)	($240.8M)	($40.1M)
Loan to Diamond Green Diesel	($50.0M)	($50.0M)	$0	$0
Loan repayment from Diamond Green Diesel	$50.0M	$50.0M	$0	$0
Gross proceeds from disposal of property, plant and equipment and other assets	$10.3M	$7.7M	$7.8M	$4.6M
Proceeds from insurance settlement	$2.6M	$0	$10.2M	$10.2M
Payments related to routes and other intangibles	$0	$0	($12.0K)	($7.0K)
Net cash used in investing activities	($523.6M)	($288.7M)	($446.8M)	($159.4M)
Proceeds from long-term debt	$14.2M	$9.8M	$1.1B	$1.1B
Payments on long-term debt	($13.4M)	($3.5M)	($1.6B)	($1.6B)
Borrowings from revolving credit facility	$535.8M	$330.0M	$1.5B	$868.8M
Payments on revolving credit facility	($515.3M)	($121.7M)	($1.1B)	($486.2M)
Net cash overdraft financing	$15.8M	($9.3M)	$1.3M	($24.8M)
Acquisition hold-back payments	($14.9M)	($4.1M)	($39.7M)	($26.9M)
Deferred loan costs	$0	—	($18.3M)	($14.1M)
Issuance of common stock	$2.7M	$2.6M	$413.0K	$413.0K
Repurchase of common stock	($73.4M)	$0	($34.7M)	($34.7M)
Minimum withholding taxes paid on stock awards	($20.9M)	($20.6M)	($6.7M)	($6.7M)
Acquisition of noncontrolling interest	($7.0M)	—	($5.9M)	—
Distributions to noncontrolling interests	($2.6M)	—	($4.9M)	$0
Net cash used in financing activities	($79.0M)	$183.1M	($168.6M)	($215.8M)
Effect of exchange rate changes on cash	($22.6M)	($22.6M)	($16.8M)	($18.2M)
Net increase in cash, cash equivalents and restricted cash	$61.3M	$24.7M	($13.1M)	$1.4M
Cash, cash equivalents and restricted cash at beginning of period	$203.5M	$203.5M	$217.3M	$217.3M
Cash, cash equivalents and restricted cash at end of period	$264.9M	$228.2M	$204.2M	$218.7M

Darling Ingredients Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.