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Net Sales by Segment
Breaks revenue down by business units or lines of activity, highlighting which parts of the company are expanding or contracting and how well Darling Ingredients’ diversification across markets and products cushions it from downturns in any single area.Feed Ingredients recovered from a 2024 trough to near‑prior peaks by mid‑2026, signaling commodity price and volume normalization and potential margin improvement; Food Ingredients is steadier with gradual upside from higher‑value collagen and specialty products, supporting mix enhancement. Fuel Ingredients remains smaller in sales but is the primary driver of recent EBITDA and cash generation — DGD's outsized margins and distributions enabled material debt reduction and M&A. Monitor DGD working‑capital builds, tariff/RIN policy volatility, and higher maintenance CapEx that could temper cash conversion.
Date | Feed Ingredients | Food Ingredients | Fuel Ingredients |
|---|---|---|---|
Jun 30, 2026 | $1.15B | $408.51M | $166.07M |
Mar 31, 2026 | $985.34M | $405.23M | $160.25M |
Dec 31, 2025 | $1.13B | $429.07M | $152.57M |
Sep 30, 2025 | $1.03B | $380.57M | $154.28M |
Jun 30, 2025 | $936.53M | $386.14M | $158.84M |
Mar 31, 2025 | $896.28M | $349.24M | $135.07M |
Dec 31, 2024 | $924.16M | $361.69M | $131.85M |
Sep 30, 2024 | $927.46M | $357.29M | $137.14M |
Jun 30, 2024 | $934.15M | $378.84M | $142.30M |
Mar 31, 2024 | $889.85M | $391.28M | $139.17M |