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Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and Fidelity National Information Services (FIS). Click either name above to swap in a different company.
Fidelity National Information Services is the larger business by last-quarter revenue ($2.8B vs $1.6B, roughly 1.8× DARLING INGREDIENTS INC.). Fidelity National Information Services runs the higher net margin — 18.2% vs 1.2%, a 16.9% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs 8.1%). Over the past eight quarters, Fidelity National Information Services's revenue compounded faster (6.8% CAGR vs -1.6%).
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.
Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech. Annually, FIS facilitates the movement of roughly US$9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.
DAR vs FIS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $2.8B |
| Net Profit | $19.4M | $511.0M |
| Gross Margin | 24.7% | 38.3% |
| Operating Margin | 4.6% | 18.8% |
| Net Margin | 1.2% | 18.2% |
| Revenue YoY | 10.0% | 8.1% |
| Net Profit YoY | 14.2% | 97.3% |
| EPS (diluted) | $0.12 | $0.98 |
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.
| Q4 25 | — | $2.8B | ||
| Q3 25 | $1.6B | $2.7B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.4B | $2.5B | ||
| Q4 24 | $1.4B | $2.6B | ||
| Q3 24 | $1.4B | $2.6B | ||
| Q2 24 | $1.5B | $2.5B | ||
| Q1 24 | $1.4B | $2.5B |
| Q4 25 | — | $511.0M | ||
| Q3 25 | $19.4M | $264.0M | ||
| Q2 25 | $12.7M | $-470.0M | ||
| Q1 25 | $-26.2M | $77.0M | ||
| Q4 24 | $101.9M | $259.0M | ||
| Q3 24 | $16.9M | $224.0M | ||
| Q2 24 | $78.9M | $243.0M | ||
| Q1 24 | $81.2M | $724.0M |
| Q4 25 | — | 38.3% | ||
| Q3 25 | 24.7% | 37.8% | ||
| Q2 25 | 23.3% | 36.4% | ||
| Q1 25 | 22.6% | 34.7% | ||
| Q4 24 | 23.5% | 36.9% | ||
| Q3 24 | 22.1% | 38.0% | ||
| Q2 24 | 22.5% | 38.2% | ||
| Q1 24 | 21.4% | 37.1% |
| Q4 25 | — | 18.8% | ||
| Q3 25 | 4.6% | 16.8% | ||
| Q2 25 | 5.1% | 15.6% | ||
| Q1 25 | 2.1% | 13.7% | ||
| Q4 24 | 8.6% | 18.5% | ||
| Q3 24 | 4.2% | 19.1% | ||
| Q2 24 | 10.2% | 15.2% | ||
| Q1 24 | 9.7% | 14.6% |
| Q4 25 | — | 18.2% | ||
| Q3 25 | 1.2% | 9.7% | ||
| Q2 25 | 0.9% | -18.0% | ||
| Q1 25 | -1.9% | 3.0% | ||
| Q4 24 | 7.2% | 10.0% | ||
| Q3 24 | 1.2% | 8.7% | ||
| Q2 24 | 5.4% | 9.8% | ||
| Q1 24 | 5.7% | 29.3% |
| Q4 25 | — | $0.98 | ||
| Q3 25 | $0.12 | $0.50 | ||
| Q2 25 | $0.08 | $-0.90 | ||
| Q1 25 | $-0.16 | $0.15 | ||
| Q4 24 | $0.63 | $0.51 | ||
| Q3 24 | $0.11 | $0.41 | ||
| Q2 24 | $0.49 | $0.44 | ||
| Q1 24 | $0.50 | $1.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $91.5M | $599.0M |
| Total DebtLower is stronger | $4.0B | $9.1B |
| Stockholders' EquityBook value | $4.7B | $13.9B |
| Total Assets | $10.5B | $33.5B |
| Debt / EquityLower = less leverage | 0.86× | 0.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $599.0M | ||
| Q3 25 | $91.5M | $571.0M | ||
| Q2 25 | $94.6M | $581.0M | ||
| Q1 25 | $81.5M | $805.0M | ||
| Q4 24 | $76.0M | $834.0M | ||
| Q3 24 | $114.8M | $1.3B | ||
| Q2 24 | $121.6M | $2.1B | ||
| Q1 24 | $145.5M | $3.3B |
| Q4 25 | — | $9.1B | ||
| Q3 25 | $4.0B | $8.9B | ||
| Q2 25 | $3.9B | $8.9B | ||
| Q1 25 | $3.8B | $8.7B | ||
| Q4 24 | $3.9B | $9.7B | ||
| Q3 24 | $4.1B | $10.5B | ||
| Q2 24 | $4.3B | $10.6B | ||
| Q1 24 | $4.4B | $10.6B |
| Q4 25 | — | $13.9B | ||
| Q3 25 | $4.7B | $13.9B | ||
| Q2 25 | $4.6B | $14.2B | ||
| Q1 25 | $4.4B | $15.1B | ||
| Q4 24 | $4.4B | $15.7B | ||
| Q3 24 | $4.6B | $16.6B | ||
| Q2 24 | $4.5B | $17.0B | ||
| Q1 24 | $4.6B | $18.0B |
| Q4 25 | — | $33.5B | ||
| Q3 25 | $10.5B | $33.0B | ||
| Q2 25 | $10.3B | $33.4B | ||
| Q1 25 | $10.0B | $32.8B | ||
| Q4 24 | $10.1B | $33.8B | ||
| Q3 24 | $10.6B | $34.3B | ||
| Q2 24 | $10.6B | $34.6B | ||
| Q1 24 | $10.9B | $35.9B |
| Q4 25 | — | 0.65× | ||
| Q3 25 | 0.86× | 0.64× | ||
| Q2 25 | 0.85× | 0.63× | ||
| Q1 25 | 0.86× | 0.57× | ||
| Q4 24 | 0.89× | 0.62× | ||
| Q3 24 | 0.91× | 0.63× | ||
| Q2 24 | 0.97× | 0.62× | ||
| Q1 24 | 0.95× | 0.59× |
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 | $758.0M |
| Free Cash FlowOCF − Capex | — | $739.0M |
| FCF MarginFCF / Revenue | — | 26.3% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 11.59× | 1.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $758.0M | ||
| Q3 25 | $224.3M | $1.0B | ||
| Q2 25 | $145.8M | $382.0M | ||
| Q1 25 | $249.0M | $457.0M | ||
| Q4 24 | $154.4M | $782.0M | ||
| Q3 24 | $274.5M | $641.0M | ||
| Q2 24 | $146.5M | $546.0M | ||
| Q1 24 | $263.9M | $206.0M |
| Q4 25 | — | $739.0M | ||
| Q3 25 | — | $952.0M | ||
| Q2 25 | — | $343.0M | ||
| Q1 25 | — | $420.0M | ||
| Q4 24 | — | $764.0M | ||
| Q3 24 | — | $605.0M | ||
| Q2 24 | — | $530.0M | ||
| Q1 24 | — | $179.0M |
| Q4 25 | — | 26.3% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 13.1% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 29.4% | ||
| Q3 24 | — | 23.5% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 7.3% |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | — | 1.48× | ||
| Q3 25 | 11.59× | 3.83× | ||
| Q2 25 | 11.52× | — | ||
| Q1 25 | — | 5.94× | ||
| Q4 24 | 1.52× | 3.02× | ||
| Q3 24 | 16.19× | 2.86× | ||
| Q2 24 | 1.86× | 2.25× | ||
| Q1 24 | 3.25× | 0.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
FIS
| Banking Solutions | $1.6B | 57% |
| Other | $701.0M | 25% |
| Capital Market Solutions | $508.0M | 18% |
