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Douglas Dynamics PLOW Fleet — Revenue

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Other financials

Income statement

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Revenue$137.8M+19.8%
Gross profit$18.9M+67.8%
Operating income-$6.4M+53.5%
Net income$6.4M+4,208%
EPS (diluted)-$0.37+36.2%

Balance sheet

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Cash & equivalents$5.2M-28.0%
Total debt$89.7M+9.6%
Total equity$279.4M+7.9%
Total assets$630.3M+1.5%

Cash flow

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Operating cash flow-$994.0K+25.7%
CapEx$3.2M+46.3%
Free cash flow-$4.2M-18.8%

Valuation

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Market cap$1.04B+47.1%
Enterprise value$1.12B+39.0%
P/E19.5×+8.9×
P/S1.5×+0.3×

Profitability

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Gross margin25.3%—
Operating margin8.2%—
Net margin7.8%-3.2pp
FCF margin9.3%+0.3pp

Returns & leverage

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Return on equity19.7%-7.4pp
Debt / equity0.3×0.0×
Current ratio2.7×+0.3×

Where this comes from

Reported directly by Douglas Dynamics in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Douglas Dynamics’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014867
Three Months Ended March 31, 2026Work Truck AttachmentsWork Truck SolutionsTotal Revenue
Independent dealer$60,911$32,532$93,443
Government-24,10624,106
Fleet-15,64615,646
Other-4,6024,602
Total revenue$60,911$76,886$137,797

Item 1. Financial Statements

FAQ

What is Douglas Dynamics's fleet — revenue?
Douglas Dynamics (PLOW) reported fleet — revenue of $15.65M in Q1 2026.
How has Douglas Dynamics's fleet — revenue changed year-over-year?
Douglas Dynamics's fleet — revenue decreased by 1.2% year-over-year, from $15.84M to $15.65M.
What is the long-term trend for Douglas Dynamics's fleet — revenue?
Over 4 years (2021 to 2025), Douglas Dynamics's fleet — revenue has grown at a 18.7% compound annual growth rate (CAGR), from $38.67M to $76.81M.
What does fleet — revenue mean?
This metric represents the total net sales generated from the Fleet segment, which focuses on the upfitting and equipment installation services for commercial vehicle fleets. It reflects the company's ability to capture demand from large-scale commercial and municipal customers requiring specialized vehicle modifications and storage solutions. Growth in this figure indicates successful expansion of service-based revenue streams and deeper penetration into the commercial fleet market.

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