Flagship explainer

How DARLING INGREDIENTS INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$6.1B · 100%Cost of revenue$4.7B · 76%Gross profit$1.5B · 24%Operating income$273M · 4%Income before tax$61M · 1%Income tax−$9.4M · −0%Net income$62.8M · 1%As of 2026-01-03 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$6.1B100%
Cost of revenue$4.7B76%
$1.5B24%
$273M4%
Income before tax$61M1%
Income tax−$9.4M−0%
$62.8M1%
Source: · event Jan 3, 2026 · retrieved Oct 16, 2026 · annual-row source set
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