Darling Ingredients (NYSE:DAR) Surpasses Q4 Revenue Estimates, Up 20.6% YoY to $1.71B

Darling Ingredients (NYSE:DAR) reported Q4 CY2025 revenue of $1.71 billion, up 20.6% year on year, surpassing estimates. GAAP profit of $0.35 per share met consensus. Free cash flow margins averaged 8.9% over the past two years, outpacing the broader consumer staples sector. The company attributed the strong print to operational discipline and sequential gross margin improvement, despite lower fat prices and a challenging year for Diamond Green Diesel. Revenue growth slowed to 1.8% for the next 12 months, below the sector average, and shares fell 3.1% to $48.01 following the results. Darling Ingredients transforms animal by-products and used cooking oil into ingredients for food, feed, fuel, and industrial applications. It posted a 2.1% annual revenue decline over the last three years, but the latest quarter marked a significant beat on both revenue and EBITDA expectations.