NYSE$PLOW

Douglas Dynamics Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Douglas Dynamics Inc reported Q2 2025 net sales of $194.3 million and net income of $26.0 million.

The company posted net sales of $194.3 million for the three months ended June 30, 2025, down 2.8% year-over-year due to timing shifts in preseason shipments within the Work Truck Attachments segment. Net income rose to $26.0 million, supported by operational efficiencies and segment mix. Work Truck Solutions delivered revenue growth driven by municipal demand and pricing actions.

  • Net sales decreased 2.8% to $194.3 million, with Attachments down due to preseason timing and Solutions up on municipal volumes.
  • Gross profit margin improved to 31.0% from 30.7% in the prior-year quarter.
  • Adjusted EBITDA totaled $42.6 million, with Work Truck Solutions Adjusted EBITDA rising 39.8% year-over-year.
  • Cash and cash equivalents stood at $8.0 million with total liquidity of $90.5 million at quarter end.

Headline financials

Total Revenue

$194M

Previous: $200M-2.8%
EPS (adj)

$1.09

Previous: $1.02+6.9%
Gross Profit Margin

31.0%

Previous: 30.7%+1.0%
Adjusted EBITDA

$42.6M

Previous: $43.7M-2.5%
Net Income

$26M

Previous: $24.3M+6.6%
Operating Income

$37M

Previous: $36.3M+1.9%
Gross Profit

$60.3M

Previous: $61.3M-1.6%
Cash & Equivalents

$7.98M

No prior period
Total Assets

$671M

Previous: $617M+8.8%

Revenue & EPS history

Douglas Dynamics · Revenue · Quarterly

$194M

Q2 2025-2.8%vs Q2 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Douglas Dynamics · $194M total across 2 segments · Q2 2025

  • Work Truck Attachments
    $108M
  • Work Truck Solutions
    $86.2M

Forward guidance

Management noted potential impacts from tariffs, supply chain issues, and inflation on future results while highlighting liquidity preservation actions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+0.5%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+17.5%

Q2 2016

Best reaction

-16.1%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+14.0%+1.8%+0.3%
Q4 2025+7.0%+7.7%-0.4%
Q3 2025+0.3%+3.6%+8.4%
Q1 2025+4.7%+11.7%+12.8%
Q4 2024+4.3%+4.8%-8.1%
Q3 2024-10.5%-10.5%-0.1%
Q2 2024+17.1%+6.1%+5.6%
Q1 2024+1.2%+5.2%+8.3%
Q4 2023+7.0%+2.5%+1.8%
Q3 2023-3.2%-2.8%+3.6%
Q2 2023+8.1%+4.5%-1.5%
Q1 2023-7.5%-5.4%-3.6%
Q4 2022-1.0%-4.7%-21.4%
Q3 2022+10.4%+9.9%+13.8%
Q2 2022-0.7%+4.5%-8.7%
Q1 2022-1.4%-0.6%+1.6%
Q4 2021-1.7%-0.4%-6.9%
Q3 2021-3.0%+3.2%-7.2%
Q2 2021-3.6%+2.8%-1.2%
Q1 2021+0.1%-0.2%-1.9%
Q4 2020+4.2%+1.0%-6.0%
Q3 2020-0.0%+5.2%+15.0%
Q2 2020+7.4%+11.6%+16.9%
Q1 2020-7.1%-7.3%+7.1%
Q4 2019-2.6%-16.8%-40.1%
Q3 2019+1.5%+8.3%+11.5%
Q2 2019+8.5%+10.1%+4.1%
Q1 2019-5.5%-4.2%-3.8%
Q4 2018+3.2%+10.1%-3.2%
Q3 2018-11.6%-13.6%-19.6%
Q2 2018-3.9%-8.0%-0.4%
Q1 2018+5.8%+6.4%+14.2%
Q4 2017+16.7%+13.9%+13.7%
Q3 2017-3.1%-5.2%-7.4%
Q2 2017+11.5%+9.6%+14.4%
Q1 2017-5.2%-8.3%-4.1%
Q4 2016-1.8%-9.1%-7.4%
Q3 2016-16.1%-16.1%+1.1%
Q2 2016+17.5%+18.8%+19.7%
Q1 2016-4.8%
Q4 2015+4.3%
Q3 2015+7.3%
Q2 2015+13.8%
Q1 2015-4.6%
Q4 2014-4.4%
Q3 2014+1.3%
Q2 2014+7.1%
Q1 2014+0.2%
Q4 2013+3.6%
Q3 2013-0.3%
Q2 2013-3.5%
Q1 2013+1.5%
Q4 2012-1.3%
Q3 2012-1.4%
Q2 2012+2.7%
Q1 2011-5.1%
Q1 2012+0.7%
Q4 2009+2.1%
Q4 2011+2.1%
Q3 2010-2.6%
Q3 2011-2.6%
Q2 2010+5.4%
Q2 2011+5.4%
Q4 2010+5.4%
Q1 2010+0.4%

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