Darling Ingredients Inc. has released its third quarter 2026 earnings, showcasing significant growth driven by its joint venture, Diamond Green Diesel (DGD). The results indicate a strong performance in the renewable diesel sector, which is crucial for the company’s future trajectory.
On October 22, 2026, Darling Ingredients issued a press release detailing its earnings for the third quarter. The company highlighted that DGD, a 50/50 joint venture, reported approximately $350 million in operating income for the three months ending September 30, 2026. This marks a significant contribution to the company's overall performance.
Darling Ingredients, a prominent player in the fats and oils industry, is traded on the New York Stock Exchange under the ticker symbol DAR. The company is known for its innovative approaches in the renewable energy sector, particularly through its joint ventures.
According to the filing, DGD sold 314.9 million gallons of renewable fuels in the third quarter alone, bringing the total for the nine months ended September 30, 2026, to 936.1 million gallons. The adjusted EBITDA per gallon for DGD was reported at $1.30 for the third quarter and $1.59 for the nine-month period.
“Diamond Green Diesel delivered a solid quarter,” said Randall C. Stuewe, Chairman and Chief Executive Officer of Darling Ingredients. He noted that while results were impacted by the timing of renewable diesel sales, the company expects these timing differences to positively influence fourth-quarter results. Stuewe emphasized the strong fundamentals of the core business and expressed confidence in the company’s objectives for the year.
Looking ahead, Darling Ingredients has provided guidance for fiscal year 2026, projecting a Combined Adjusted EBITDA of $2.2 to $2.3 billion. The company anticipates that the positive momentum will carry into 2027, reflecting strong operational performance and market demand.
Darling Ingredients plans to host a conference call on October 29, 2026, to discuss the third quarter financial results in further detail. The call will provide insights into the company’s operations and future outlook, with a presentation of supplemental financial data available on their investor relations website.
This update from Darling Ingredients is significant not only for the company but also for the broader fats and oils industry. As the demand for renewable fuels continues to rise, companies in this sector are poised for growth, and Darling’s performance may set a benchmark for its competitors.
Details were not available in the SEC filing regarding any immediate actions following this report. However, the strong earnings and optimistic guidance indicate a positive trend for Darling Ingredients and its joint ventures.