vs
Side-by-side financial comparison of DARLING INGREDIENTS INC. (DAR) and Science Applications International Corp (SAIC). Click either name above to swap in a different company.
Science Applications International Corp is the larger business by last-quarter revenue ($1.9B vs $1.6B, roughly 1.2× DARLING INGREDIENTS INC.). Science Applications International Corp runs the higher net margin — 4.2% vs 1.2%, a 2.9% gap on every dollar of revenue. On growth, DARLING INGREDIENTS INC. posted the faster year-over-year revenue change (10.0% vs 2.6%). Over the past eight quarters, Science Applications International Corp's revenue compounded faster (2.3% 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.
Science Applications International Corporation, Inc. (SAIC) is an American technology company headquartered in Reston, Virginia that provides government services and information technology support.
DAR vs SAIC — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.9B |
| Net Profit | $19.4M | $78.0M |
| Gross Margin | 24.7% | 12.2% |
| Operating Margin | 4.6% | 6.9% |
| Net Margin | 1.2% | 4.2% |
| Revenue YoY | 10.0% | 2.6% |
| Net Profit YoY | 14.2% | -3.7% |
| EPS (diluted) | $0.12 | $1.69 |
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 | — | $1.9B | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | $2.0B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.5B | $1.8B | ||
| Q1 24 | $1.4B | $1.7B |
| Q4 25 | — | $78.0M | ||
| Q3 25 | $19.4M | — | ||
| Q2 25 | $12.7M | $68.0M | ||
| Q1 25 | $-26.2M | — | ||
| Q4 24 | $101.9M | $106.0M | ||
| Q3 24 | $16.9M | $81.0M | ||
| Q2 24 | $78.9M | $77.0M | ||
| Q1 24 | $81.2M | $39.0M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | 24.7% | — | ||
| Q2 25 | 23.3% | 11.1% | ||
| Q1 25 | 22.6% | — | ||
| Q4 24 | 23.5% | 12.0% | ||
| Q3 24 | 22.1% | 11.6% | ||
| Q2 24 | 22.5% | 11.5% | ||
| Q1 24 | 21.4% | 11.1% |
| Q4 25 | — | 6.9% | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.1% | 6.4% | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 8.6% | 8.1% | ||
| Q3 24 | 4.2% | 7.4% | ||
| Q2 24 | 10.2% | 7.1% | ||
| Q1 24 | 9.7% | 4.5% |
| Q4 25 | — | 4.2% | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 0.9% | 3.6% | ||
| Q1 25 | -1.9% | — | ||
| Q4 24 | 7.2% | 5.4% | ||
| Q3 24 | 1.2% | 4.5% | ||
| Q2 24 | 5.4% | 4.2% | ||
| Q1 24 | 5.7% | 2.2% |
| Q4 25 | — | $1.69 | ||
| Q3 25 | $0.12 | — | ||
| Q2 25 | $0.08 | $1.42 | ||
| Q1 25 | $-0.16 | — | ||
| Q4 24 | $0.63 | $2.13 | ||
| Q3 24 | $0.11 | $1.58 | ||
| Q2 24 | $0.49 | $1.48 | ||
| Q1 24 | $0.50 | $0.77 |
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 | $45.0M |
| Total DebtLower is stronger | $4.0B | $2.5B |
| Stockholders' EquityBook value | $4.7B | $1.5B |
| Total Assets | $10.5B | $5.4B |
| Debt / EquityLower = less leverage | 0.86× | 1.64× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $45.0M | ||
| Q3 25 | $91.5M | — | ||
| Q2 25 | $94.6M | $47.0M | ||
| Q1 25 | $81.5M | — | ||
| Q4 24 | $76.0M | $46.0M | ||
| Q3 24 | $114.8M | $48.0M | ||
| Q2 24 | $121.6M | $49.0M | ||
| Q1 24 | $145.5M | $94.0M |
| Q4 25 | — | $2.5B | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $3.9B | $2.3B | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.9B | $2.2B | ||
| Q3 24 | $4.1B | $2.2B | ||
| Q2 24 | $4.3B | $2.1B | ||
| Q1 24 | $4.4B | $2.1B |
| Q4 25 | — | $1.5B | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $4.6B | $1.5B | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.4B | $1.6B | ||
| Q3 24 | $4.6B | $1.6B | ||
| Q2 24 | $4.5B | $1.8B | ||
| Q1 24 | $4.6B | $1.8B |
| Q4 25 | — | $5.4B | ||
| Q3 25 | $10.5B | — | ||
| Q2 25 | $10.3B | $5.2B | ||
| Q1 25 | $10.0B | — | ||
| Q4 24 | $10.1B | $5.3B | ||
| Q3 24 | $10.6B | $5.3B | ||
| Q2 24 | $10.6B | $5.3B | ||
| Q1 24 | $10.9B | $5.3B |
| Q4 25 | — | 1.64× | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.85× | 1.52× | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 0.89× | 1.34× | ||
| Q3 24 | 0.91× | 1.33× | ||
| Q2 24 | 0.97× | 1.18× | ||
| Q1 24 | 0.95× | 1.18× |
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 | $129.0M |
| Free Cash FlowOCF − Capex | — | $120.0M |
| FCF MarginFCF / Revenue | — | 6.4% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | 11.59× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $478.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $129.0M | ||
| Q3 25 | $224.3M | — | ||
| Q2 25 | $145.8M | $100.0M | ||
| Q1 25 | $249.0M | — | ||
| Q4 24 | $154.4M | $143.0M | ||
| Q3 24 | $274.5M | $138.0M | ||
| Q2 24 | $146.5M | $98.0M | ||
| Q1 24 | $263.9M | $63.0M |
| Q4 25 | — | $120.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $92.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $134.0M | ||
| Q3 24 | — | $132.0M | ||
| Q2 24 | — | $92.0M | ||
| Q1 24 | — | $52.0M |
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.8% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | 5.0% | ||
| Q1 24 | — | 3.0% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.6% |
| Q4 25 | — | 1.65× | ||
| Q3 25 | 11.59× | — | ||
| Q2 25 | 11.52× | 1.47× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.52× | 1.35× | ||
| Q3 24 | 16.19× | 1.70× | ||
| Q2 24 | 1.86× | 1.27× | ||
| Q1 24 | 3.25× | 1.62× |
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% |
SAIC
| Prime Contractor | $1.3B | 71% |
| Civilian | $427.0M | 23% |
| Subcontractor | $116.0M | 6% |
| Commercial State And Local Agencies | $7.0M | 0% |
