Darling Ingredients (DAR)’ JV partner reported that its renewable diesel segment earned approximately $92M. For the 12 months ended Dec. 31, 2025, the JV partner realized an operating loss of approximately (156M). In the three months ended Dec. 31, 2025, net income for DGD was $55M. Darling Ingredients’ share of DGD Adjusted EBITDA was $58M or 41c per gallon for the three months ended Dec. 31, 2025. “Both DGD and our core ingredients business performance strengthened sequentially in the fourth quarter,” said CEO Randall Stuewe. “We anticipate ending the year with solid improvement over our prior outlook and will provide expanded commentary in our upcoming earnings materials.”
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