DOUGLAS DYNAMICS, INC
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $656.1M | $568.5M | $568.2M | $616.1M | $541.5M |
| Gross profit | $174.7M | $146.8M | $134.3M | $151.5M | $141.9M |
| Operating income | $73.6M | $88.7M | $44.9M | $58.8M | $51.1M |
| Cost of revenue | $481.4M | $421.7M | $433.9M | $464.6M | $399.6M |
| Cash from operations | $74.7M | $41.1M | $12.5M | $40.0M | $60.5M |
| Capital expenditure | $10.8M | $7.8M | $9.8M | $12.4M | $11.9M |
| Free cash flow | $63.9M | $33.4M | $2.7M | $27.6M | $48.7M |
| Share repurchases | $6.0M | $0 | $0 | $6.0M | $0 |
| Impairments | $0 | $1.2M | $0 | $0 | $1.2M |
| Total assets | $626.7M | $590.0M | $593.4M | $596.9M | $572.5M |
Shares outstanding 23.1M · Free float 98.5%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.