Darling Ingredients Sets 2026 Combined Adjusted EBITDA Guidance at $2.2-$2.3 Billion
Darling Ingredients reported Diamond Green Diesel (DGD) Q3 operating income of $347.8M, up from a $70M loss last year. DGD sold 314.9M gallons of renewable fuels, with Adjusted EBITDA of $1.30 per gallon. The company set fiscal 2026 Combined Adjusted EBITDA guidance at $2.2B-$2.3B, citing strong fundamentals and expected momentum into 2027.
How this was made

The 30-second read
Why it matters
The new guidance suggests stronger cash flow and may trigger re‑rating by analysts.
Market read
Guidance upgrade could lift DAR stock and influence related renewable fuel equities.
What to watch
Potential regulatory changes to renewable fuel credits could affect future earnings.
Background
Darling Ingredients reported Q3 results for its Diamond Green Diesel unit and provided FY 2026 EBITDA guidance.
Ticker impact
Darling Ingredients issued FY 2026 combined Adjusted EBITDA guidance of $2.2‑$2.3 bn, a fresh forward‑looking metric.
likely upward pressure as investors price in stronger earnings outlook
The guidance range represents a material increase versus prior guidance and is disclosed for the first time.
Market effects
Positive for renewable fuels and specialty chemicals sector as guidance signals demand strength.
May boost sentiment for U.S. agribusiness and biofuel producers.
Limited to investors tracking renewable diesel supply chain.
Counterpoint
If the guidance assumes favorable timing of diesel sales, actual results could fall short if market conditions tighten.
Key entities
- CompanyDarling Ingredients Inc.
U.S. specialty chemicals and renewable fuels producer.