DOUGLAS DYNAMICS, INC

DOUGLAS DYNAMICS, INCPLOWEarnings & Financial Report

NYSE · Industrials · Construction Machinery & Equip

General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...

PLOW Q4 FY2025 Key Financial Metrics

Revenue

$184.5M

Gross Profit

$48.1M

Operating Profit

$19.3M

Net Profit

$12.8M

Gross Margin

26.1%

Operating Margin

10.5%

Net Margin

7.0%

YoY Growth

28.6%

EPS

$0.54

DOUGLAS DYNAMICS, INC Q4 FY2025 Financial Summary

DOUGLAS DYNAMICS, INC reported revenue of $184.5M (up 28.6% YoY) for Q4 FY2025, with a net profit of $12.8M (up 62.3% YoY) (7.0% margin). Cost of goods sold was $136.4M, operating expenses totaled $28.8M.

Key Financial Metrics

Total Revenue$184.5M
Net Profit$12.8M
Gross Margin26.1%
Operating Margin10.5%
Report PeriodQ4 FY2025

Revenue Breakdown

DOUGLAS DYNAMICS, INC Q4 FY2025 revenue of $184.5M breaks down across 2 segments, led by Work Truck Solutions at $101.5M (55.0% of total).

SegmentRevenue% of Total
Work Truck Solutions$101.5M55.0%
Transferred At Point In Time$83.1M45.0%

DOUGLAS DYNAMICS, INC Revenue by Segment — Quarterly Trend

DOUGLAS DYNAMICS, INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Work Truck Solutions and Transferred At Point In Time) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Work Truck Solutions$101.5M$94.0M$86.2M$78.6M
Transferred At Point In Time$83.1M$108.1M$36.5M

DOUGLAS DYNAMICS, INC Annual Revenue by Year

DOUGLAS DYNAMICS, INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $656.1M).

YearAnnual Revenue
2025$656.1Mvs 2024
2024$568.5Mvs 2023
2023$568.2Mvs 2022
2022$616.1M

DOUGLAS DYNAMICS, INC Quarterly Revenue & Net Profit History

DOUGLAS DYNAMICS, INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$184.5M+28.6%$12.8M7.0%
Q3 FY2025$162.1M+25.3%$8.0M4.9%
Q2 FY2025$194.3M-2.8%$26.0M13.4%
Q1 FY2025$115.1M+20.3%$148.0K0.1%
Q4 FY2024$143.5M+6.9%$7.9M5.5%
Q3 FY2024$129.4M-10.2%$32.3M24.9%
Q2 FY2024$199.9M-3.6%$24.3M12.2%
Q1 FY2024$95.7M+15.9%$-8.4M-8.7%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$95.7M$199.9M$129.4M$143.5M$115.1M$194.3M$162.1M$184.5M
YoY Growth15.9%-3.6%-10.2%6.9%20.3%-2.8%25.3%28.6%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$577.1M$617.0M$665.6M$590.0M$621.0M$671.5M$694.9M$626.7M
Liabilities$359.9M$380.3M$404.8M$325.8M$362.2M$398.2M$419.6M$345.3M
Equity$217.2M$236.7M$260.8M$264.2M$258.9M$273.3M$275.3M$281.4M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-21.6M$2.5M$-14.2M$74.4M$-1.3M$-11.4M$-8.5M$95.9M