Key quarterly figures
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q2 Sales | Miss | $214.6 million | $219.45 million (4 Analysts) |
| Q2 Adjusted EPS | Beat | $1.22 | $1.08 (4 Analysts) |
| Q2 Adjusted Net Income | Miss | $28.90 million | $29.63 million (3 Analysts) |
| Q2 Adjusted EBITDA | Beat | $44.60 million | $40.58 million (4 Analysts) |
| Q2 Adjusted EBITDA Margin | | 20.80% | |
| Q2 Income from Operations | | $35.40 million | |
Q2 sales and earnings
- US work truck equipment maker's Q2 sales rose 10% but missed analyst expectations.
- Adjusted diluted EPS for Q2 beat analyst expectations, up 7% year over year.
- Growth was driven by strong pre-season orders in the Work Truck Attachments segment.
Outlook raised for 2026
- Douglas Dynamics raises 2026 net sales forecast to $765 million-$805 million from $750 million-$795 million.
- Company lifts 2026 adjusted EBITDA outlook to $120 million-$135 million from $110 million-$125 million.
- Douglas Dynamics now sees 2026 adjusted diluted EPS of $2.90-$3.40, up from $2.55-$3.05.
Result drivers and segment trends