DOUGLAS DYNAMICS, INCPLOWEarnings & Financial Report
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...
Revenue
$199.9M
Gross Profit
$61.3M
Operating Profit
$36.3M
Net Profit
$24.3M
Gross Margin
30.7%
Operating Margin
18.2%
Net Margin
12.2%
YoY Growth
-3.6%
EPS
$1.02
DOUGLAS DYNAMICS, INC Q2 FY2024 Financial Summary
DOUGLAS DYNAMICS, INC reported revenue of $199.9M (down 3.6% YoY) for Q2 FY2024, with a net profit of $24.3M (up 1.6% YoY) (12.2% margin). Cost of goods sold was $138.6M, operating expenses totaled $25.0M.
Key Financial Metrics
| Total Revenue | $199.9M |
|---|---|
| Net Profit | $24.3M |
| Gross Margin | 30.7% |
| Operating Margin | 18.2% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
DOUGLAS DYNAMICS, INC Q2 FY2024 revenue of $199.9M breaks down across 3 segments, led by Transferred At Point In Time at $118.1M (59.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred At Point In Time | $118.1M | 59.1% |
| Work Truck Solutions | $81.8M | 40.9% |
| Other | $1.2M | 0.6% |
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 Transferred At Point In Time and Work Truck Solutions) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Transferred At Point In Time | $83.1M | — | $108.1M | $36.5M |
| Work Truck Solutions | $101.5M | $94.0M | $86.2M | $78.6M |
| Other | — | $14.3M | — | — |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $656.1M |
| 2024 | $568.5M |
| 2023 | $568.2M |
| 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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $184.5M | +28.6% | $12.8M | 7.0% |
| Q3 FY2025 | $162.1M | +25.3% | $8.0M | 4.9% |
| Q2 FY2025 | $194.3M | -2.8% | $26.0M | 13.4% |
| Q1 FY2025 | $115.1M | +20.3% | $148.0K | 0.1% |
| Q4 FY2024 | $143.5M | +6.9% | $7.9M | 5.5% |
| Q3 FY2024 | $129.4M | -10.2% | $32.3M | 24.9% |
| Q2 FY2024 | $199.9M | -3.6% | $24.3M | 12.2% |
| Q1 FY2024 | $95.7M | +15.9% | $-8.4M | -8.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $95.7M | $199.9M | $129.4M | $143.5M | $115.1M | $194.3M | $162.1M | $184.5M |
| YoY Growth | 15.9% | -3.6% | -10.2% | 6.9% | 20.3% | -2.8% | 25.3% | 28.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 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 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-21.6M | $2.5M | $-14.2M | $74.4M | $-1.3M | $-11.4M | $-8.5M | $95.9M |