--- title: "Douglas Dynamics | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 214.65 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294692617.md" datetime: "2026-08-03T12:22:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294692617.md) - [en](https://longbridge.com/en/news/294692617.md) - [zh-HK](https://longbridge.com/zh-HK/news/294692617.md) generator: "portal-rs" --- # Douglas Dynamics | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 214.65 M Revenue: As of FY2026 Q2, the actual value is USD 214.65 M, missing the estimate of USD 219.45 M. EPS: As of FY2026 Q2, the actual value is USD 1.07, beating the estimate of USD 0.95. EBIT: As of FY2026 Q2, the actual value is USD 36.04 M. ### Consolidated Second Quarter 2026 Results Net Sales for Douglas Dynamics, Inc. increased 10% to $214.6 million for the second quarter of 2026, up from $194.3 million in the second quarter of 2025. Net Income was $25.4 million, a decrease from $26.0 million in the prior year quarter. Adjusted EBITDA increased 5% to a record $44.6 million, compared to $42.6 million in the second quarter of 2025. Gross Profit Margin was 31.1%, a slight increase from 31.0% in the second quarter of 2025. Income from Operations decreased to $35.4 million from $37.0 million year-over-year. Adjusted EBITDA Margin was 20.8%, down from 21.9% in the second quarter of 2025. Adjusted Net Income increased to $28.9 million from $27.2 million in the comparative quarter. The company returned approximately $10 million of cash to shareholders during the second quarter of 2026. #### Work Truck Attachments Segment Net Sales for the Work Truck Attachments segment increased 20% to $129.3 million, up from $108.1 million in the second quarter of 2025. Adjusted EBITDA for this segment increased 13% to $35.8 million, compared to $31.6 million in the prior year period. The Adjusted EBITDA Margin was 27.7%, a decrease from 29.2% in the second quarter of 2025. Pre-season shipments in 2026 are expected to be split nearly evenly between the second and third quarters, differing from the 60% to 40% split in 2025. #### Work Truck Solutions Segment Net Sales for the Work Truck Solutions segment were $85.3 million, relatively flat compared to $86.2 million in the second quarter of 2025. Adjusted EBITDA decreased to $8.8 million from $11.0 million in the second quarter of 2025. The Adjusted EBITDA Margin for this segment was 10.3%, down from 12.8% in the prior year quarter. ### Liquidity and Cash Flow (Six Month Period Ended June 30, 2026) Net cash used in operating activities increased by $12.5 million to - $25.2 million for the first half of 2026, compared to - $12.721 million for the first half of 2025. Capital expenditures increased by $2.2 million to $7.3 million in the first half of 2026, up from $5.126 million in the first half of 2025. Free cash flow for the six months ended June 30, 2026, was - $32.496 million, compared to - $17.847 million for the same period in 2025. ### 2026 Outlook Douglas Dynamics, Inc. raised its 2026 guidance for Net Sales, now projected between $765 million and $805 million, and increased its Adjusted EBITDA guidance to a range of $120 million to $135 million. The company expects 2026 Capital Expenditures to be towards the higher end of the traditional range of 2% to 3% of Net Sales. This updated outlook suggests the company is on track to produce record annual results in 2026, driven by strong pre-season orders in the Attachments segment and healthy municipal demand in the Solutions segment. ### Related Stocks - [PLOW.US](https://longbridge.com/en/quote/PLOW.US.md) ## Related News & Research - [Douglas Dynamics Q2 sales rise 10% on strong pre-season orders at unit](https://longbridge.com/en/news/294683649.md) - [Douglas Dynamics (PLOW) Raised 2026 Sales Guidance, Has The Upside Already Been Priced In?](https://longbridge.com/en/news/295427594.md) - [Alaska Air Group CEO And President Purchased Shares Worth Over $1M](https://longbridge.com/en/news/296653092.md) - [Hidden Valley Ranch dressing may be a victim of this summer's salad scare](https://longbridge.com/en/news/296268903.md) - [Are Alaska Air Group’s New Europe Routes a Test of Its Global Gateway Strategy (ALK)?](https://longbridge.com/en/news/296675926.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**