EVP and CFO Sarah Lauber said the company’s 2024 results included a one-time gain of $42.3 million from a sale-leaseback transaction completed in September 2024, and she framed her comparisons as 2025 versus 2024.Van Genderen said Douglas Dynamics delivered strong results throughout 2025, with year-over-year growth in each quarter and particularly in the fourth quarter. He attributed Q4 improvements primarily to “excellent performance” in Work Truck Solutions and an early onset of winter that boosted demand ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2025 Registrant's telephone number, including area code (414) 354‑2310 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File No. 001-34728 DOUGLAS DYNAMICS, INC. (Exact name of registra ...

Douglas Dynamics (NYSE:PLOW) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Company ParticipantsMark Van Genderen - President and CEONathan Elwell - VP of Investor RelationsSarah Lauber - EVP and CFOConference Call ParticipantsGreg Burns - Senior AnalystMichael Shlisky - Managing Director and Senior Equity Research AnalystTimothy Wojs - Senior Research AnalystOperatorPlease note, this event is being recorded. I would now like to turn the conference over to Nathan Elwell, Vice President, Investor Relati ...

Douglas Dynamics (NYSE:PLOW) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Company ParticipantsMark Van Genderen - President and CEONathan Elwell - VP of Investor RelationsSarah Lauber - EVP and CFOConference Call ParticipantsGreg Burns - Senior AnalystMichael Shlisky - Managing Director and Senior Equity Research AnalystTimothy Wojs - Senior Research AnalystOperatorPlease note, this event is being recorded. I would now like to turn the conference over to Nathan Elwell, Vice President, Investor Relati ...

Douglas Dynamics (NYSE:PLOW) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Speaker4Please note, this event is being recorded. I would now like to turn the conference over to Nathan Elwell, Vice President, Investor Relations. Please go ahead.Speaker3Thank you, Gary. Welcome, everyone, and thank you for joining us on today's call. Before we begin, I would like to remind you that some of the comments that will be made during this conference call, including answers to your questions, will constitute forwa ...

Core Viewpoint - Douglas Dynamics reported quarterly earnings of $0.62 per share, exceeding the Zacks Consensus Estimate of $0.56 per share, and showing an increase from $0.39 per share a year ago, representing an earnings surprise of +10.71% [1] Financial Performance - The company achieved revenues of $184.54 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 6.67%, compared to $143.55 million in the same quarter last year [2] - Over the last four quarters, Douglas Dynamics has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Douglas Dynamics shares have increased approximately 31.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.9% [3] Future Outlook - The company's earnings outlook will be crucial for assessing future stock performance, including current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.06 on revenues of $131.7 million, and for the current fiscal year, it is $2.30 on revenues of $700.6 million [7] Industry Context - The Automotive - Replacement Parts industry, to which Douglas Dynamics belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges ahead [8]

DOUGLAS DYNAMICS REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2025 RESULTS February 23, 2026 — Milwaukee, Wisconsin — Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the fourth quarter and full year ended December 31, 2025. Unless stated otherwise, all comparisons are to the corresponding prior year quarter or prior full year results. Exhibit 99.1 Record 4Q and Full Year Performance at Work T ...

Record 4Q and Full Year Performance at Work Truck Solutions; Record Parts & Accessories Sales at Work Truck Attachments Full Year 2025 Highlights* Consolidated Net Sales increased 15.4% to $656.1 millionWinter weather drove robust Parts & Accessories sales across the company, particularly in 4QDelivered Diluted Earnings per Share (EPS) of $1.96; Adjusted Diluted EPS increased 52.0% to $2.24Both segments produced Net Sales and Adjusted EBITDA growth for both 4Q and Full Year 2025 Acquired Venco Venturo in 4Q ...

Core Viewpoint - Douglas Dynamics, Inc. will release its financial results for Q4 and full year 2025 on February 23, 2026, after market close [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call on February 24, 2026, at 9:00 a.m. Central Time [2] - The conference call will be hosted by Mark Van Genderen, President and CEO, and Sarah Lauber, Executive Vice President and CFO [2] - The call will be available for live streaming on the company's website and via dial-in options for domestic and international participants [2] Group 2: Company Overview - Douglas Dynamics is recognized as North America's leading manufacturer and upfitter of commercial work truck attachments and equipment [3] - The company has over 75 years of experience in innovating products that enhance job efficiency and business profitability [3] - Douglas Dynamics operates through two segments: Work Truck Attachments and Work Truck Solutions, featuring well-known brands such as FISHER®, SNOWEX®, WESTERN®, HENDERSON®, and DEJANA® [3]

Core Insights - Riverwater Partners' "Micro Opportunities Strategy" faced challenges in Q4 and FY2025, underperforming against benchmarks due to underweight exposure in speculative market areas [1] - The strategy's focus on high-quality stocks lagged behind the performance of low-quality stocks, which outperformed the market in 2025 [1] - For 2026, the strategy aims to concentrate on micro-cap companies with broader sales and growth trajectories, anticipating that the rally in low-quality stocks will be short-lived [1] Company Highlights - Douglas Dynamics, Inc. (NYSE:PLOW) is highlighted as a key stock, with a market capitalization of $841.683 million and a one-month return of 8.14%, while its shares increased by 47.72% over the last 52 weeks [2] - As of January 16, 2026, Douglas Dynamics, Inc. stock closed at $36.53 per share [2] - The company is a leading North American manufacturer of commercial snow and ice control equipment, operating through two segments: Work Truck Attachments and Work Truck Solutions, providing a unique cyclical profile and increasing stability [3]