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
$162.1M
Gross Profit
$38.1M
Operating Profit
$14.1M
Net Profit
$8.0M
Gross Margin
23.5%
Operating Margin
8.7%
Net Margin
4.9%
YoY Growth
25.3%
EPS
$0.33
DOUGLAS DYNAMICS, INC Q3 FY2025 Financial Summary
DOUGLAS DYNAMICS, INC reported revenue of $162.1M (up 25.3% YoY) for Q3 FY2025, with a net profit of $8.0M (down 75.3% YoY) (4.9% margin). Cost of goods sold was $124.0M, operating expenses totaled $24.0M.
Key Financial Metrics
| Total Revenue | $162.1M |
|---|---|
| Net Profit | $8.0M |
| Gross Margin | 23.5% |
| Operating Margin | 8.7% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
DOUGLAS DYNAMICS, INC Q3 FY2025 revenue of $162.1M breaks down across 4 segments, led by Work Truck Solutions at $94.0M (58.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Work Truck Solutions | $94.0M | 58.0% |
| Transferred Over Time | $29.2M | 18.0% |
| Fleet | $22.0M | 13.6% |
| Other | $14.3M | 8.8% |
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 Over Time) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Work Truck Solutions | $101.5M | $94.0M | $86.2M | $78.6M |
| Transferred Over Time | — | $29.2M | — | — |
| Fleet | — | $22.0M | — | — |
| 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 |