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Douglas Dynamics, Inc revenue

Douglas Dynamics, Inc's revenue was $656m in fiscal 2025, up 15.4% on the year before. Since fiscal 2009 ($174m) it has grown at a compound 8.6% a year. Over the last twelve months it was $699m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Douglas Dynamics, Inc: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue174177209140194304400416475524572480541616568569656699
Growth on the year before—+1.4%+18.1%−32.9%+38.8%+56.2%+31.9%+4.0%+14.1%+10.3%+9.1%−16.0%+12.8%+13.8%−7.8%+0.1%+15.4%—
Gross profit5760724466116133134143155169128142151134147175191
Gross margin32.7%34.1%34.4%31.4%33.8%38.3%33.2%32.2%30.1%29.6%29.5%26.7%26.2%24.6%23.6%25.8%26.6%27.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Work Truck Solutions $360M 54.9% ▲ 15.3%
Work Truck Attachments $296M 45.1% ▲ 15.5%
Products and services
Line of business Revenue Share YoY
Independent Dealer $425M 64.7% ▲ 5.0%
Government Contract $144M 22.0% ▲ 59.3%
Fleet $76.8M 11.7% ▲ 16.6%
Other $10.3M 1.6% ▲ 33.8%

From Douglas Dynamics, Inc's 10-K filed February 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Construction Machinery & Heavy Transportation Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Douglas Dynamics, Inc $699m 20.1% 4.3%
Miller Industries Inc $771m -20.9% -8.7%
Foster L B Co $558m 10.1% 1.7%
Freightcar America, Inc. $464m -0.5% 6.4%
Wabash National Corp $1.52bn -7.3% -16.4%
Astec Industries Inc $1.56bn 18.7% 4.5%

Compare with peers

Head to head: MLR vs PLOWFSTR vs PLOWPLOW vs RAIL

More: Construction Machinery & Heavy Transportation Equipment stocks compared, Industrials sector, rankings of US companies

Figures from Douglas Dynamics, Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Douglas Dynamics, Inc.