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How DOUGLAS DYNAMICS, 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$656M · 100%Cost of revenue$481M · 73%Gross profit$175M · 27%Operating income$73.6M · 11%Income before tax$61.5M · 9%Income tax$14.6M · 2%Net income$46.9M · 7%As of 2025-12-31 · 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
$656M100%
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
Cost of revenue$481M73%
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
$175M27%
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
$73.6M11%
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
Income before tax$61.5M9%
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
Income tax$14.6M2%
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
$46.9M7%
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001437749-26-005316 · filed Feb 24, 2026
· event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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