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Douglas Dynamics, Inc. filings document the financial reporting, governance and capital-structure disclosures of a public manufacturer and upfitter of commercial work truck attachments and equipment. Form 8-K reports cover operating results and financial condition, including segment commentary for Work Truck Attachments and Work Truck Solutions, press-release exhibits, material events and capital-structure matters.
Proxy materials describe shareholder voting matters, board composition, director elections, executive compensation and governance practices. Other event disclosures record board appointments and retirements, completed portfolio additions, financial outlook commentary and the formal exhibits that accompany the company’s public reporting.
Douglas Dynamics reported higher net sales for the three and six months ended June 30, 2026. Net sales were $214,648 (in thousands) for the quarter and $352,445 (in thousands) year-to-date, up 10.4% and 13.9% from 2025, driven mainly by higher Work Truck Attachments volumes from improved snowfall and added sales from the Venco Venturo acquisition. Work Truck Solutions revenue declined modestly.
Gross profit was $66,796 (in thousands) for the quarter and $104,567 (in thousands) year-to-date, with gross margins of 31.1% and 29.7%. Quarterly net income was $25,379 (in thousands) versus $25,954 (in thousands) a year earlier, while year-to-date net income rose to $31,755 (in thousands) from $26,102 (in thousands), with net margins of 11.9% and 9.0%.
Adjusted EBITDA reached $44,578 (in thousands) for the quarter and $61,389 (in thousands) year-to-date. Cash generation was weaker: net cash used in operating activities was $(25,195) (in thousands) in the first half and free cash flow was $(32,496) (in thousands), reflecting working capital needs and higher capital expenditures. Liquidity totaled $69.4 million, including $1.9 million of cash and $67.5 million of revolver availability, against term loan borrowings of $140,310 (in thousands) and revolving borrowings of $57,000 (in thousands). The company paid $14,228 (in thousands) in dividends and repurchased $6,000 (in thousands) of stock, with $32,000 (in thousands) remaining authorized. Approximately $0.9 million of tariff refunds have been received, with a further $2.8 million recorded as a receivable.
Douglas Dynamics, Inc. reported record second‑quarter 2026 results, with net sales of $214.6 million versus $194.3 million a year earlier and gross profit margin of 31.1%. Net income was $25.4 million and diluted EPS $1.07, compared with $26.0 million and $1.09 in 2025. Adjusted EBITDA was $44.6 million and adjusted diluted EPS $1.22.
The Work Truck Attachments segment reported net sales of $129.3 million and adjusted EBITDA of $35.8 million with a 27.7% margin, while Work Truck Solutions delivered net sales of $85.3 million and adjusted EBITDA of $8.8 million, a 10.3% margin. For 2026, management raised its outlook, now targeting net sales of $765–$805 million, adjusted EBITDA of $120–$135 million, and adjusted diluted EPS of $2.90–$3.40, assuming relatively stable economic and supply chain conditions and average fourth‑quarter snowfall.
Allspring Global Investments Holdings, LLC filed an amended Schedule 13G reporting beneficial ownership of common stock of Douglas Dynamics Inc. Allspring reports beneficial ownership of 1,537,716 shares, representing 6.6% of the outstanding common stock.
Allspring reports sole voting powersole dispositive power
Vanguard Capital Management filed a Schedule 13G reporting beneficial ownership of common stock of Douglas Dynamics Inc. Vanguard Capital Management and certain affiliated entities report beneficial ownership of 1,159,738 shares, representing 5.01% of the company’s common stock.
They report sole voting power over 174,284 shares and sole dispositive power over 1,159,738 shares, with no shared voting or dispositive power. The filing explains that this ownership reflects securities over which Vanguard Capital Management LLC and specified affiliates or business divisions exercise voting and/or dispositive power, including Vanguard funds and client accounts.
Douglas Dynamics EVP & CFO Sarah C. Lauber reported a tax-related share disposition. On this Form 4, 6,735 shares of Common Stock were delivered at $53.95 per share to satisfy tax obligations, a transaction coded as tax-withholding rather than an open-market sale. After this disposition, Lauber directly holds 81,542 shares, indicating she retains a substantial equity stake in the company.
Douglas Dynamics director James L. Janik reported a bona fide gift of 6,000 shares of Common Stock held indirectly through the James L. and Susan S. Janik Revocable Trust. The filing also shows direct ownership of 42,873 shares and indirect trust ownership of 110,862 shares following the reported transactions.
Douglas Dynamics reported much stronger results for the quarter ended March 31, 2026. Net sales rose to $137.8 million from $115.1 million, a 19.7% increase, driven mainly by higher Work Truck Attachments volume after a snow season 26% above the 10‑year average.
Net income improved sharply to $6.4 million from $0.1 million, with net margin rising to 4.6%. Gross profit increased to $37.8 million and margin expanded to 27.4% as mix shifted toward the higher‑margin Attachments segment. Adjusted EBITDA grew to $16.8 million, up from $9.4 million.
The company generated free cash flow of $(4.2) million, reflecting seasonal working capital needs and higher capital spending, and ended the quarter with $109.7 million of liquidity, including $5.2 million in cash and $104.5 million of revolver availability. It paid $0.30 per share in dividends and repurchased $3.0 million of stock while remaining in compliance with its credit facility covenants.
Douglas Dynamics reported record first-quarter 2026 results, driven by strong snowfall-related demand and solid municipal business. Net sales rose to $137.8 million from $115.1 million, with gross margin improving to 27.4%. Net income increased to $6.4 million, or $0.26 diluted EPS.
Adjusted EBITDA grew to $16.8 million with a 12.2% margin, and adjusted diluted EPS reached $0.36. Work Truck Attachments net sales climbed to $60.9 million and Work Truck Solutions delivered near-record net sales of $76.9 million. The company raised its 2026 outlook, now guiding net sales between $750 million and $795 million and adjusted diluted EPS between $2.55 and $3.05.
Douglas Dynamics, Inc. reported results of its 2026 annual meeting and a charter amendment. Stockholders approved an amendment to the Fourth Amended and Restated Certificate of Incorporation to provide exculpation from personal liability for certain officers as permitted by Delaware law. Three directors were elected to terms expiring at the 2029 annual meeting and one director was elected to a term expiring at the 2028 annual meeting. Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers and ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2026.
Douglas Dynamics, Inc. director Kenneth W. Krueger acquired 2,737 shares of common stock on April 29, 2026 through a grant or award recorded at $0.00 per share. After this transaction, he directly holds 42,744 common shares, with no derivatives reported in this filing.