Darling Ingredients Reports Q1 2025 Financial Results

Darling Ingredients ( (DAR) ) has released its Q1 earnings. Here is a breakdown of the information Darling Ingredients presented to its investors.

Darling Ingredients Inc. is a global leader in creating sustainable food, feed, and fuel ingredients by repurposing organic waste streams, primarily operating in the biofuel and renewable energy sector.

In its first quarter of 2025, Darling Ingredients reported a net loss of $26.2 million, a significant drop from the $81.2 million net income in the same period last year. The decline was largely attributed to lower earnings from its Diamond Green Diesel (DGD) joint venture. Despite this, the company maintained a stable cash flow and continued to focus on strategic financial management.

Key financial highlights for the quarter include total net sales of $1.38 billion, a slight decrease from $1.42 billion the previous year, and a combined adjusted EBITDA of $195.8 million, down from $280.1 million. The company received $129.5 million in cash dividends from DGD and repurchased $35 million of its common stock while also reducing its debt by $146.2 million.

Looking ahead, Darling Ingredients remains optimistic about its core business performance, expecting to generate $950 million to $1 billion in EBITDA for the fiscal year 2025. The company anticipates improvements in DGD’s margins and reaffirms its guidance for a combined adjusted EBITDA of $1.25 to $1.30 billion for the year.