# Douglas Dynamics, Inc: overview

PLOW · NYSE · CIK 1287213 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/plow.md) · [Financials](/companies/plow/financials.md) · [Filings](/companies/plow/filings.md) · [Insiders](/companies/plow/insiders.md)

Latest reported revenue: [$214.6m](/filings/0001437749-26-025435.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 3, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001437749-26-025435).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [129](/filings/0001437749-26-005316.md) | [144](/filings/0001437749-26-005316.md) | [115](/filings/0001437749-26-014867.md) | [194](/filings/0001437749-26-025435.md) | [162](/filings/0001437749-26-005316.md) | [185](/filings/0001437749-26-005316.md) | [138](/filings/0001437749-26-014867.md) | [215](/filings/0001437749-26-025435.md) |
| Gross margin | % | [23.9%](/filings/0001437749-26-005316.md) | [24.9%](/filings/0001437749-26-005316.md) | [24.5%](/filings/0001437749-26-014867.md) | [31.0%](/filings/0001437749-26-025435.md) | [23.5%](/filings/0001437749-26-005316.md) | [26.1%](/filings/0001437749-26-005316.md) | [27.4%](/filings/0001437749-26-014867.md) | [31.1%](/filings/0001437749-26-025435.md) |
| Operating margin | % | [35.4%](/filings/0001437749-25-033011.md) | [9.0% d](/filings/0001437749-26-005316.md) | [2.8%](/filings/0001437749-26-014867.md) | [19.0%](/filings/0001437749-26-025435.md) | [8.7%](/filings/0001437749-25-033011.md) | [10.5% d](/filings/0001437749-26-005316.md) | [7.2%](/filings/0001437749-26-014867.md) | [16.5%](/filings/0001437749-26-025435.md) |
| Net margin | % | [24.9%](/filings/0001437749-25-033011.md) | [5.5% d](/filings/0001437749-26-005316.md) | [0.1%](/filings/0001437749-26-014867.md) | [13.4%](/filings/0001437749-26-025435.md) | [4.9%](/filings/0001437749-25-033011.md) | [7.0% d](/filings/0001437749-26-005316.md) | [4.6%](/filings/0001437749-26-014867.md) | [11.8%](/filings/0001437749-26-025435.md) |
| Diluted EPS | $ per share | [1.36](/filings/0001437749-26-005316.md) | [0.33](/filings/0001437749-26-005316.md) | [0.00](/filings/0001437749-26-014867.md) | [1.09](/filings/0001437749-26-025435.md) | [0.33](/filings/0001437749-26-005316.md) | [0.54](/filings/0001437749-26-005316.md) | [0.26](/filings/0001437749-26-014867.md) | [1.07](/filings/0001437749-26-025435.md) |
| Free cash flow | $m | [(15.2) d](/filings/0001437749-25-033011.md) | [70.2 d](/filings/0001437749-26-005316.md) | [(3.5)](/filings/0001437749-26-014867.md) | [(14.3) d](/filings/0001437749-26-025435.md) | [(11.4) d](/filings/0001437749-25-033011.md) | [93.2 d](/filings/0001437749-26-005316.md) | [(4.2)](/filings/0001437749-26-014867.md) | [(28.3) d](/filings/0001437749-26-025435.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [541](/filings/0001437749-24-005713.md) | [616](/filings/0001437749-25-005050.md) | [568](/filings/0001437749-26-005316.md) | [569](/filings/0001437749-26-005316.md) | [656](/filings/0001437749-26-005316.md) |
| Gross margin | % | [26.2%](/filings/0001437749-24-005713.md) | [24.6%](/filings/0001437749-25-005050.md) | [23.6%](/filings/0001437749-26-005316.md) | [25.8%](/filings/0001437749-26-005316.md) | [26.6%](/filings/0001437749-26-005316.md) |
| Operating margin | % | [9.4%](/filings/0001437749-24-005713.md) | [9.5%](/filings/0001437749-25-005050.md) | [7.9%](/filings/0001437749-26-005316.md) | [15.6%](/filings/0001437749-26-005316.md) | [11.2%](/filings/0001437749-26-005316.md) |
| Net margin | % | [5.7%](/filings/0001437749-24-005713.md) | [6.3%](/filings/0001437749-25-005050.md) | [4.2%](/filings/0001437749-26-005316.md) | [9.9%](/filings/0001437749-26-005316.md) | [7.1%](/filings/0001437749-26-005316.md) |
| Diluted EPS | $ per share | [1.29](/filings/0001437749-24-005713.md) | [1.63](/filings/0001437749-25-005050.md) | [0.98](/filings/0001437749-26-005316.md) | [2.36](/filings/0001437749-26-005316.md) | [1.96](/filings/0001437749-26-005316.md) |
| Free cash flow | $m | [48.7](/filings/0001437749-24-005713.md) | [27.6](/filings/0001437749-25-005050.md) | [2.7](/filings/0001437749-26-005316.md) | [33.4](/filings/0001437749-26-005316.md) | [63.9](/filings/0001437749-26-005316.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/plow/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $109.0m | 2,020,552 |  | Added +168,098 |
| [Allspring Global Investments Holdings, LLC](/funds/1890906.md) | 2026-06-30 | $80.4m | 1,537,716 |  | Reduced −520,643 |
| [PZENA INVESTMENT MANAGEMENT LLC](/funds/1027796.md) | 2026-06-30 | $74.7m | 1,384,680 |  | Reduced −208,453 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $53.2m | 985,454 |  | Added +14,489 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $49.6m | 919,091 |  | Reduced −17,036 |
| [PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.](/funds/1238990.md) | 2026-06-30 | $35.6m | 659,319 |  | Added +37,474 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $35.5m | 658,314 |  | Added +107,523 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $34.5m | 640,342 |  | Added +34,655 |
| [Nuveen, LLC](/funds/1871926.md) | 2026-06-30 | $34.2m | 633,400 |  | Added +13,431 |
| [SILVERCREST ASSET MANAGEMENT GROUP LLC](/funds/1232395.md) | 2026-06-30 | $32.3m | 599,147 |  | Reduced −23,916 |

## Recent filings

[All 816 filings](/companies/plow/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-03 | 16:01 ET | [10-Q](/filings/0001437749-26-025435.md) | Quarterly report, period 2026-06-30 | 0001437749-26-025435 |
| 2026-08-03 | 08:20 ET | [8-K](/filings/0001437749-26-025317.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-025317 |
| 2026-05-05 | 16:01 ET | [10-Q](/filings/0001437749-26-014867.md) | Quarterly report, period 2026-03-31 | 0001437749-26-014867 |
| 2026-05-05 | 18:09 ET | [8-K](/filings/0001437749-26-014705.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-014705 |
| 2026-05-01 | 07:48 ET | [8-K](/filings/0001437749-26-014317.md) | 5.03 Amendment to articles or bylaws; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001437749-26-014317 |
| 2026-03-20 | 08:44 ET | [DEF 14A](/filings/0001437749-26-009126.md) | Proxy statement, period 2026-04-29 | 0001437749-26-009126 |
| 2026-02-24 | 16:01 ET | [10-K](/filings/0001437749-26-005316.md) | Annual report, period 2025-12-31 | 0001437749-26-005316 |
| 2026-02-24 | 18:06 ET | [8-K](/filings/0001437749-26-005128.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-005128 |
| 2025-11-04 | 16:02 ET | [10-Q](/filings/0001437749-25-033011.md) | Quarterly report, period 2025-09-30 | 0001437749-25-033011 |
| 2025-11-04 | 18:05 ET | [8-K](/filings/0001437749-25-032832.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-25-032832 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-005316.md), filed Feb 24, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/2dd1efee-2188-4e10-9815-d6e83d692faa)

## About the filer

- CIK: 1287213
- Tickers: PLOW
- Exchange: NYSE
- SIC code: 3531 Construction Machinery & Equip
- State of incorporation: DE
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:36 ET. No prices; not investment advice.