--- title: "Douglas Dynamics | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 137.8 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285303838.md" datetime: "2026-05-06T03:21:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285303838.md) - [en](https://longbridge.com/en/news/285303838.md) - [zh-HK](https://longbridge.com/zh-HK/news/285303838.md) --- # Douglas Dynamics | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 137.8 M Revenue: As of FY2026 Q1, the actual value is USD 137.8 M, beating the estimate of USD 133.25 M. EPS: As of FY2026 Q1, the actual value is USD 0.26, beating the estimate of USD 0.09. EBIT: As of FY2026 Q1, the actual value is USD 11.98 M. #### Consolidated First Quarter 2026 Results Douglas Dynamics, Inc. (道格拉斯动力) reported a 20% increase in Net Sales, reaching a record $137.8 million for the first quarter of 2026, compared to $115.1 million in the first quarter of 2025. Gross Profit Margin improved to 27.4% in Q1 2026 from 24.5% in Q1 2025. Income from Operations rose to $9.9 million in Q1 2026, up from $3.2 million in Q1 2025. Net Income substantially increased to $6.4 million in Q1 2026, compared to $0.1 million in Q1 2025. Adjusted EBITDA grew by 78% to a record $16.8 million in Q1 2026, from $9.4 million in Q1 2025, leading to an Adjusted EBITDA Margin of 12.2% in Q1 2026, up from 8.2% in Q1 2025. Adjusted Net Income was $8.6 million in Q1 2026, an increase from $2.2 million in Q1 2025. #### Work Truck Attachments Segment Net Sales for the Work Truck Attachments segment increased by 67% to a record $60.9 million in Q1 2026, driven by strong snow and ice product demand and a full quarter of sales from the Venco Venturo acquisition in November 2025. Adjusted EBITDA for this segment materially increased to $7.7 million, with an Adjusted EBITDA Margin of 12.6% in Q1 2026, significantly up from 0.9% in Q1 2025. Above-average snowfall in core markets contributed to a surge in demand and record shipments of parts and accessories. #### Work Truck Solutions Segment Net Sales for the Work Truck Solutions segment slightly decreased to $76.9 million in Q1 2026, from $78.6 million in Q1 2025. Adjusted EBITDA for this segment remained stable at $9.1 million in both Q1 2026 and Q1 2025. The Adjusted EBITDA margin increased to a record 11.9% in Q1 2026, up from 11.6% in Q1 2025. Solid performance from municipal operations offset slightly softer demand in certain commercial business segments. #### Cash Flow and Liquidity Douglas Dynamics, Inc. returned approximately $10.1 million of cash to shareholders through a quarterly cash dividend of $0.295 per diluted share and the repurchase of about 70,000 shares. Net cash used in operating activities was - $1.0 million, which was consistent with the prior year, primarily due to improved earnings offset by working capital changes. Free cash flow was - $4.155 million in Q1 2026, compared to - $3.498 million in Q1 2025. #### 2026 Outlook Douglas Dynamics, Inc. is increasing its 2026 outlook due to strong first-quarter results, expecting moderation in the commercial sector balanced by positive momentum in municipal operations. The updated 2026 Net Sales guidance is between $750 million and $795 million, and Adjusted EBITDA guidance is now $110 million to $125 million. The effective tax rate is expected to remain between 24% and 25%, assuming stable economic and supply chain conditions, with pre-season orders shipped equally between the second and third quarters, and average snowfall in core markets during the fourth quarter of 2026. ### Related Stocks - [PLOW.US](https://longbridge.com/en/quote/PLOW.US.md) ## Related News & Research - [Provident Investment Management Inc. Takes $945,000 Position in Douglas Dynamics, Inc. $PLOW](https://longbridge.com/en/news/286083572.md) - [Douglas Dynamics Adopts Officer Exculpation, Confirms Governance Support](https://longbridge.com/en/news/284922385.md) - [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md) - [Home Depot Was Once My Greatest Investment, But Now It's a Flaming Mess](https://longbridge.com/en/news/286951517.md) - [Apollo Clarifies Legal Status of Recent 8-K Disclosure](https://longbridge.com/en/news/286564452.md)