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Side-by-side financial comparison of Bloomin' Brands, Inc. (BLMN) and DARLING INGREDIENTS INC. (DAR). Click either name above to swap in a different company.
DARLING INGREDIENTS INC. is the larger business by last-quarter revenue ($1.6B vs $1.1B, roughly 1.5× Bloomin' Brands, Inc.). Bloomin' Brands, Inc. runs the higher net margin — 5.4% vs 1.2%, a 4.2% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs 1.0%). Over the past eight quarters, Bloomin' Brands, Inc.'s revenue compounded faster (3.0% CAGR vs -1.6%).
Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered.
Darling Ingredients Inc. is a global sustainable natural ingredients maker that converts edible and inedible organic byproducts into high-value products: food-grade nutritional ingredients, animal feed additives, pharmaceutical raw materials and biofuel components, serving food, agriculture, pharma and renewable energy markets across North America, Europe and Asia-Pacific.
BLMN vs DAR — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.6B |
| Net Profit | $57.2M | $19.4M |
| Gross Margin | — | 24.7% |
| Operating Margin | 5.6% | 4.6% |
| Net Margin | 5.4% | 1.2% |
| Revenue YoY | 1.0% | 10.0% |
| Net Profit YoY | — | 14.2% |
| EPS (diluted) | $0.64 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $975.2M | — | ||
| Q3 25 | $928.8M | $1.6B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $972.0M | $1.4B | ||
| Q3 24 | $910.0M | $1.4B | ||
| Q2 24 | $999.4M | $1.5B |
| Q1 26 | $57.2M | — | ||
| Q4 25 | $-13.5M | — | ||
| Q3 25 | $-45.9M | $19.4M | ||
| Q2 25 | $25.4M | $12.7M | ||
| Q1 25 | $42.2M | $-26.2M | ||
| Q4 24 | $-79.5M | $101.9M | ||
| Q3 24 | $6.9M | $16.9M | ||
| Q2 24 | $28.4M | $78.9M |
| Q1 26 | — | — | ||
| Q4 25 | 70.2% | — | ||
| Q3 25 | 70.4% | 24.7% | ||
| Q2 25 | 70.2% | 23.3% | ||
| Q1 25 | 70.1% | 22.6% | ||
| Q4 24 | 71.6% | 23.5% | ||
| Q3 24 | 71.3% | 22.1% | ||
| Q2 24 | 70.5% | 22.5% |
| Q1 26 | 5.6% | — | ||
| Q4 25 | -1.4% | — | ||
| Q3 25 | -3.9% | 4.6% | ||
| Q2 25 | 3.0% | 5.1% | ||
| Q1 25 | 5.5% | 2.1% | ||
| Q4 24 | 1.7% | 8.6% | ||
| Q3 24 | 0.9% | 4.2% | ||
| Q2 24 | 4.4% | 10.2% |
| Q1 26 | 5.4% | — | ||
| Q4 25 | -1.4% | — | ||
| Q3 25 | -4.9% | 1.2% | ||
| Q2 25 | 2.5% | 0.9% | ||
| Q1 25 | 4.0% | -1.9% | ||
| Q4 24 | -8.2% | 7.2% | ||
| Q3 24 | 0.8% | 1.2% | ||
| Q2 24 | 2.8% | 5.4% |
| Q1 26 | $0.64 | — | ||
| Q4 25 | $-0.16 | — | ||
| Q3 25 | $-0.54 | $0.12 | ||
| Q2 25 | $0.30 | $0.08 | ||
| Q1 25 | $0.50 | $-0.16 | ||
| Q4 24 | $-0.93 | $0.63 | ||
| Q3 24 | $0.08 | $0.11 | ||
| Q2 24 | $0.32 | $0.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $71.3M | $91.5M |
| Total DebtLower is stronger | — | $4.0B |
| Stockholders' EquityBook value | $398.8M | $4.7B |
| Total Assets | $3.1B | $10.5B |
| Debt / EquityLower = less leverage | — | 0.86× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $71.3M | — | ||
| Q4 25 | $59.5M | — | ||
| Q3 25 | $66.5M | $91.5M | ||
| Q2 25 | $50.3M | $94.6M | ||
| Q1 25 | $57.7M | $81.5M | ||
| Q4 24 | $70.1M | $76.0M | ||
| Q3 24 | $83.6M | $114.8M | ||
| Q2 24 | $117.9M | $121.6M |
| Q1 26 | — | — | ||
| Q4 25 | $787.4M | — | ||
| Q3 25 | $962.2M | $4.0B | ||
| Q2 25 | $917.1M | $3.9B | ||
| Q1 25 | $917.6M | $3.8B | ||
| Q4 24 | $1.0B | $3.9B | ||
| Q3 24 | $1.1B | $4.1B | ||
| Q2 24 | $1.0B | $4.3B |
| Q1 26 | $398.8M | — | ||
| Q4 25 | $333.6M | — | ||
| Q3 25 | $344.1M | $4.7B | ||
| Q2 25 | $397.2M | $4.6B | ||
| Q1 25 | $380.6M | $4.4B | ||
| Q4 24 | $135.5M | $4.4B | ||
| Q3 24 | $242.1M | $4.6B | ||
| Q2 24 | $286.8M | $4.5B |
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.3B | $10.5B | ||
| Q2 25 | $3.3B | $10.3B | ||
| Q1 25 | $3.3B | $10.0B | ||
| Q4 24 | $3.4B | $10.1B | ||
| Q3 24 | $3.4B | $10.6B | ||
| Q2 24 | $3.4B | $10.6B |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | — | ||
| Q3 25 | 2.80× | 0.86× | ||
| Q2 25 | 2.31× | 0.85× | ||
| Q1 25 | 2.41× | 0.86× | ||
| Q4 24 | 7.58× | 0.89× | ||
| Q3 24 | 4.51× | 0.91× | ||
| Q2 24 | 3.49× | 0.97× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $224.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 11.59× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $119.1M | — | ||
| Q3 25 | $34.4M | $224.3M | ||
| Q2 25 | $49.7M | $145.8M | ||
| Q1 25 | $73.5M | $249.0M | ||
| Q4 24 | $119.8M | $154.4M | ||
| Q3 24 | $-7.8M | $274.5M | ||
| Q2 24 | $42.4M | $146.5M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | — | ||
| Q3 25 | $-5.7M | — | ||
| Q2 25 | $11.1M | — | ||
| Q1 25 | $27.7M | — | ||
| Q4 24 | $66.7M | — | ||
| Q3 24 | $-67.3M | — | ||
| Q2 24 | $-12.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.5% | — | ||
| Q3 25 | -0.6% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | -7.4% | — | ||
| Q2 24 | -1.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 3.8% | — | ||
| Q1 25 | 4.4% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 6.5% | — | ||
| Q2 24 | 5.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 11.59× | ||
| Q2 25 | 1.95× | 11.52× | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | — | 1.52× | ||
| Q3 24 | -1.13× | 16.19× | ||
| Q2 24 | 1.49× | 1.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLMN
| Restaurant sales | $1.0B | 97% |
| Franchise and other revenues | $10.3M | 1% |
| Franchise revenues (1) | $7.6M | 1% |
DAR
| Fats | $428.4M | 27% |
| Food Ingredients | $380.6M | 24% |
| Diamond Green Diesel Holdings Llc Joint Venture | $342.1M | 22% |
| Fuel Ingredients | $154.3M | 10% |
| Used Cooking Oil | $125.9M | 8% |
| Other Rendering | $76.9M | 5% |
| Bakery | $46.9M | 3% |
| Other Products And Services | $12.2M | 1% |
