Douglas Dynamics posts record $214.6 million Q2 sales
- Douglas Dynamics reported record second-quarter 2026 net sales of $214.6 million, representing a 10% increase year-over-year.
- The company achieved an adjusted net income of $28.9 million and increased adjusted EBITDA by 5% to a record $44.6 million.
- Management raised its 2026 outlook based on stronger preseason demand in the Attachments segment, projecting net sales between $765 million and $805 million.
Douglas Dynamics (NYSE:PLOW) announced its financial results for the second quarter of 2026, reporting record net sales of $214.6 million.
This sales figure reflects a 10% year-over-year increase, driven primarily by robust pre-season orders.
The Work Truck Attachments segment generated $129.3 million in net sales, marking a 20% increase that included contributions from Venco Venturo.
The company reported a net income of $25.4 million, translating to $1.07 in diluted earnings per share.
Following the earnings release, Douglas Dynamics' share price was trading around $39.70.
Adjusted net income rose to $28.9 million, yielding a record adjusted diluted EPS of $1.22 for the quarter.
The corporation returned approximately $10 million to shareholders through dividends and share repurchases while raising its full-year adjusted EBITDA guidance to a range of $120 million to $135 million.
