PLOW at a glance
DOUGLAS DYNAMICS, INC (PLOW, SEC CIK 1287213) filed its latest 10-K annual report on February 24, 2026, a 10-Q quarterly report on August 3, 2026, an 8-K current report on August 3, 2026 and Form 4 insider filings as recently as July 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), DOUGLAS DYNAMICS, INC (PLOW) reported revenue of $656.1 million (up 15.4% from FY2024) and net income of $46.9 million. Diluted EPS was $1.96.
- As of June 30, 2026, 29 institutional investment managers tracked by SignalX reported holding DOUGLAS DYNAMICS, INC (PLOW) shares worth $413.9 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $656.1M
- +15.4% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 29 funds
- $413.9M · +0 vs prior quarter
- Latest 8-K
- Aug 3, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: North America's premier manufacturer and upfitter of commercial work truck attachments, specializing in snow and ice control equipment and truck upfits
- New emphasis: 2025 acquisition of Venco Venturo adding truck-mounted service cranes and dump hoists to the product portfolio
- Strategic shift: Greater focus on expanding distributor network and cross-selling within Work Truck Attachments; new CEO appointed March 2025 signaling leadership transition
- Quantitative metric: Employee count at 1,764 as of December 31, 2025, with ~10 in Beijing sourcing office; total backlog $328 million at year-end 2025
- Noteworthy fact: Completed sale-leaseback of seven properties in 2024 netting approx. $58.7M cash while maintaining operational footprint via leases
Risk Factors
- Regulatory risk: potential impact from evolving U.S. and regional climate change regulations increasing compliance costs and capital expenditures
- Macroeconomic risk: snowfall below 10-year average in snow seasons ended 2023 and 2024 reduced sales volume in core North American snow-belt markets
- Supply chain risk: reliance on offshore suppliers and OEM truck chassis subject to chip shortages, labor strikes, and geopolitical conflicts
- Competitive risk: primary snow and ice control competitors include The Toro Company (Boss brand) and Buyers Products Company for light trucks
- Financial risk: end-user base over 50% individual landscapers dependent on credit, risking reduced sales if financing becomes unavailable
Management Discussion & Analysis
- Revenue $656.1M in 2025, up 15.4% from $568.5M in 2024; Work Truck Attachments $295.7M (+15.5%), Work Truck Solutions $360.3M (+15.3%)
- Gross margin 26.6% in 2025 vs 25.8% in 2024; Operating margin 11.2% vs 15.6% reflecting increased SG&A expenses
- Best segment: Work Truck Solutions sales up $47.8M to $360.3M; Worst segment: Work Truck Attachments sales up $39.7M to $295.7M but more seasonal and sensitive to snowfall variability
- Cash from sale leaseback $64.2M in 2024, $42.0M used to pay down term loan; 2025 refinancing reduced interest expense to $12.1M from $15.3M; SG&A $101.1M includes $6.5M higher incentive compensation and $1.4M acquisition expenses; share repurchase authorization $50M ongoing
- Outlook risks: supply chain disruptions, labor shortages, inflation, tariffs, and variability in snowfall impacting demand; liquidity preserved through cost savings and refinancing; uncertainty from recent U.S. Supreme Court tariff ruling
AI summary of the PLOW 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- No significant changes to risk factors from the December 31, 2025 Form 10-K
- Dividend restrictions under senior credit facilities limiting transfers from subsidiaries
- $32.0 million remaining under the 2022 share-repurchase authorization
- No unregistered securities sales during the quarter
- No senior-security defaults reported during the quarter
AI summary of the PLOW 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Fiscal quarter ended June 30, 2026 financial results announced
- Press release attached as Exhibit 99.1 with detailed earnings information
Item EX-99.1: Item EX-99.1
- Q2 sales rose 10% to $214.6M; adjusted EPS increased 7% to $1.22, marking record quarterly results
- 2026 guidance raised: sales $765M-$805M, adjusted EBITDA $120M-$135M, adjusted EPS $2.90-$3.40
Item 2.02: Results of Operations and Financial Condition
- Q1 2026 results for quarter ended March 31, 2026
- Press release attached as Exhibit 99.1, containing financial results and management commentary
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Three directors elected through 2029, including Jennifer I. Ansberry, Bradley M. Nelson, and Joher Akolawala
- James L. Janik elected to a term expiring in 2028 with 19,207,407 votes
AI summaries of PLOW 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for PLOW
Don't miss the next PLOW filing
- Alerts as it files. A push when PLOW files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut PLOW, by share count.
- Ask anything. An AI agent that reads every PLOW filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Lauber Sarah C | F | Jul 1, 2026 | 6,735 | $53.95 |
| Janik James L | G | May 11, 2026 | 6,000 | - |
| KRUEGER KENNETH W | A | Apr 29, 2026 | 2,737 | - |
| Bacus Lisa R | A | Apr 29, 2026 | 2,737 | - |
| STURDIVANT DONALD W | A | Apr 29, 2026 | 2,737 | - |
| Janik James L | A | Apr 29, 2026 | 2,737 | - |
| Ansberry Jennifer I | A | Apr 29, 2026 | 2,737 | - |
| Nelson Bradley M. | A | Apr 29, 2026 | 2,737 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $568.5M | $656.1M |
| Gross Profit | - | $146.8M | $174.7M |
| Operating Income | - | $88.7M | $73.6M |
| Net Income | - | $56.2M | $46.9M |
| Gross Margin | - | 25.8% | 26.6% |
| Op. Margin | - | 15.6% | 11.2% |
| Net Margin | - | 9.9% | 7.1% |
| Balance Sheet | |||
| Total Assets | $593.4M | $590.0M | $626.7M |
| Equity | - | $264.2M | $281.4M |
| ROE | - | 21.3% | 16.7% |
| Per Share | |||
| EPS | - | $2.36 | $1.96 |
| Cash Flow | |||
| Operating CF | - | $41.1M | $74.7M |
| CapEx | $9.8M | $7.8M | $10.8M |
Source: XBRL data in DOUGLAS DYNAMICS, INC (PLOW)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PLOW share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 29 | $413.9M |
| Q1 2026 | 29 | $300.1M |
| Q4 2025 | 26 | $230.0M |
| Q3 2025 | 29 | $230.7M |
| Q2 2025 | 28 | $208.8M |
| Q1 2025 | 21 | $124.7M |
| Q4 2024 | 18 | $94.6M |
| Q3 2024 | 16 | $68.0M |
- BlackRock+168.1K (+9%)
- Vanguard Portfolio Management LLC+148.9K (+42%)
- Morgan Stanley+126.7K (+64%)
- JPMorgan Chase & Co+121.9K (+45%)
- Raymond James Financial+44.3K (+262%)
- Bank of America Corp−85.2K (-29%)
- Goldman Sachs Group−37.2K (-9%)
- Two Sigma Investments−33.6K (-16%)
- Millennium Management−31.5K (-80%)
- FMR LLC (Fidelity)−19.6K (-86%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 196 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PLOW filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Aug 3, 2026 | - | Analysis | - |
| 10-Q | Aug 3, 2026 | Jun 30, 2026 | Analysis | |
| SC 13G | Jul 31, 2026 | - | - | |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | May 13, 2026 | - | - | |
| 10-Q | May 5, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 5, 2026 | - | Analysis | - |
| 8-K | May 1, 2026 | - | Analysis | - |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Apr 30, 2026 | - | - | - |
| 4 | Mar 11, 2026 | - | - | - |
| 4 | Mar 11, 2026 | - | - | - |
| 4 | Mar 11, 2026 | - | - | - |
| 4 | Mar 11, 2026 | - | - | - |
| 4 | Mar 2, 2026 | - | - | - |
| 8-K | Feb 24, 2026 | - | - | - |
| 10-K | Feb 24, 2026 | Dec 31, 2025 | Analysis | |
| 4 | Feb 19, 2026 | - | - | |
| 4 | Feb 19, 2026 | - | - | |
| 4 | Feb 19, 2026 | - | - |
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PLOW SEC filings: frequently asked questions
Which institutions hold PLOW stock?
As of June 30, 2026, the largest DOUGLAS DYNAMICS, INC (PLOW) holders among the 13F filers tracked by SignalX were BlackRock ($109.0 million), Vanguard Capital Management LLC ($53.2 million), Dimensional Fund Advisors ($49.6 million), State Street Corp ($34.5 million), Vanguard Portfolio Management LLC ($27.4 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PLOW's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), DOUGLAS DYNAMICS, INC (PLOW) reported revenue of $656.1 million (up 15.4% from FY2024) and net income of $46.9 million. Diluted EPS was $1.96. The figures come from the XBRL data in the 10-K.
What are the main risks in PLOW's latest 10-K?
In the 10-K filed February 24, 2026, DOUGLAS DYNAMICS, INC (PLOW) flagged: Regulatory risk: potential impact from evolving U.S. and regional climate change regulations increasing compliance costs and capital expenditures. Macroeconomic risk: snowfall below 10-year average in snow seasons ended 2023 and 2024 reduced sales volume in core North American snow-belt markets. (AI summary of the Risk Factors section.)
What did PLOW report in its latest 8-K?
DOUGLAS DYNAMICS, INC (PLOW) filed an 8-K on August 3, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Fiscal quarter ended June 30, 2026 financial results announced.
What are the latest PLOW SEC filings?
DOUGLAS DYNAMICS, INC (PLOW) filed its latest 10-K annual report on February 24, 2026, a 10-Q quarterly report on August 3, 2026, an 8-K current report on August 3, 2026 and a Form 4 insider filing on July 1, 2026.
What is PLOW's SEC CIK number?
DOUGLAS DYNAMICS, INC (PLOW)'s SEC Central Index Key (CIK) is 1287213. EDGAR lists every PLOW filing under that number.
Ask anything about PLOW
The research agent reads PLOW's filings, financials, insider trades and 13F holders, then answers with sources.