I need to check if the filing content is cut off, but there is enough substantive content to proceed. Let me compile the article based on the 10-Q for Douglas Dynamics, Inc. for the quarterly period ended September 30, 2026.

Douglas Dynamics, Inc. filed its Form 10-Q with the Securities and Exchange Commission on November 3, 2026, covering the quarterly period ended September 30, 2026, and reported net sales of $218,014 thousand and net income of $21,158 thousand for the three months ended September 30, 2026.

Key Highlights

  • Net sales of $218,014 thousand for the three months ended September 30, 2026, compared to $162,121 thousand for the same period in 2025, according to the filing.
  • Net income of $21,158 thousand for Q3 2026, up from $7,960 thousand in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Diluted earnings per share of $0.89 for the three months ended September 30, 2026, versus $0.33 for the three months ended September 30, 2025.
  • Nine-month net income of $52,913 thousand for the period ended September 30, 2026, compared to $34,062 thousand for the same period in 2025.
  • Total assets of $794,014 thousand as of September 30, 2026, versus $626,701 thousand as of December 31, 2025.
  • Short-term borrowings of $96,000 thousand as of September 30, 2026, compared to $5,000 thousand as of December 31, 2025.
  • Cash dividends declared and paid of $0.30 per share for the three months ended September 30, 2026, consistent with the same period in 2025.

Douglas Dynamics Reports Higher Q3 2026 Revenue and Earnings

According to the filing, Douglas Dynamics, Inc. (NYSE:PLOW) reported net sales of $218,014 thousand for the three months ended September 30, 2026, an increase from $162,121 thousand in the comparable prior-year quarter. Gross profit for the third quarter of 2026 was $59,829 thousand, compared to $38,107 thousand in Q3 2025. The company disclosed income from operations of $31,277 thousand for the three months ended September 30, 2026, against $14,084 thousand for the three months ended September 30, 2025.

For the nine months ended September 30, 2026, the filing reported net sales of $570,459 thousand and net income of $52,913 thousand, compared to $471,515 thousand and $34,062 thousand, respectively, for the nine months ended September 30, 2025. Selling, general, and administrative expense for the nine-month period was $83,207 thousand, versus $67,611 thousand in the prior-year period. Net cash used in operating activities for the nine months ended September 30, 2026 was $47,529 thousand, compared to $21,237 thousand for the same period in 2025, with accounts receivable changes of negative $120,752 thousand cited as a significant driver in the cash flow statement.

The condensed consolidated balance sheet as of September 30, 2026 showed total assets of $794,014 thousand, with accounts receivable, net of $217,841 thousand and inventories of $167,926 thousand. Total shareholders' equity stood at $316,805 thousand, reflecting retained earnings of $139,146 thousand. Short-term borrowings increased to $96,000 thousand from $5,000 thousand at December 31, 2025. The filing stated that 23,077,046 common shares were outstanding as of November 3, 2026, and capital expenditures for the nine months ended September 30, 2026 were $11,201 thousand, compared to $8,055 thousand in the prior-year period.

What Was Disclosed

Douglas Dynamics filed its quarterly report for the period ended September 30, 2026, disclosing higher net sales, net income, and total assets relative to the comparable prior-year quarter and fiscal year-end, alongside increased short-term borrowings and cash used in operating activities.