Wabash National (WNC)
Builds trailers, truck bodies, parts, and service platforms for first-to-final-mile freight.
$12.04
vs last close+0.25 (+2.12%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 633 | 596 | 515 | 551 | 464 | 417 | 381 | 459 | 382 | 321 | 303 | 417 |
| Cost of revenue | 510 | 488 | 439 | 461 | 408 | 374 | 362 | 417 | 366 | 339 | 314 | 402 |
| Gross profit | 123 | 108 | 76 | 90 | 56 | 43 | 19 | 41 | 16 | −17 | −11 | 15 |
| 45 | 47 | 47 | 46 | 489 | 39 | −296 | 46 | −42 | 29 | 42 | 41 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 0 | 0 |
| 42 | 44 | 44 | 42 | 486 | 37 | 311 | 43 | −45 | 38 | 40 | 39 | |
| Selling & marketing | 6 | 6 | 7 | 8 | 7 | 6 | 6 | 6 | 6 | 6 | 8 | 6 |
| General & administrative | 36 | 37 | 37 | 34 | 479 | 31 | 305 | 37 | −51 | 31 | 32 | 32 |
| Other expenses | 3 | 3 | 3 | 4 | 3 | −6 | −607 | 3 | 3 | −9 | 2 | 2 |
| Operating income | 78 | 61 | 30 | 44 | −433 | 4 | 315 | −5 | 58 | −46 | −52 | −25 |
| −4 | −4 | −5 | −5 | −5 | −6 | −5 | −8 | −6 | −19 | −6 | −6 | |
| Interest expense | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 26 | −15 | 6 | 7 |
| Other non-operating income | 0 | −1 | 0 | 0 | 0 | 1 | 10 | 2 | 1 | 13 | 0 | −1 |
| Income before tax | 74 | 57 | 25 | 39 | −438 | −2 | 309 | −12 | 52 | −66 | −58 | −31 |
| Income tax expense | 18 | 7 | 6 | 10 | −108 | −1 | 78 | −3 | 12 | −16 | −13 | −9 |
| Net income from continuing operations | 55 | 51 | 18 | 29 | −330 | −1 | 231 | −10 | 40 | −50 | −45 | −23 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 |
| Net income | 55 | 50 | 18 | 29 | −330 | −1 | 231 | −10 | 40 | −50 | −45 | −23 |
| EPS, basic | $1.18 | $1.10 | $0.40 | $0.65 | −$7.53 | −$0.02 | $5.41 | −$0.23 | $0.98 | −$1.23 | −$1.11 | −$0.56 |
| EPS, diluted | $1.16 | $1.07 | $0.39 | $0.64 | −$7.53 | −$0.02 | $5.36 | −$0.23 | $0.97 | −$1.23 | −$1.11 | −$0.56 |
| Weighted average shares, basic | 47 | 46 | 45 | 45 | 44 | 44 | 43 | 42 | 42 | 41 | 41 | 41 |
| Weighted average shares, diluted | 48 | 47 | 46 | 45 | 44 | 44 | 43 | 42 | 42 | 41 | 41 | 41 |
| EBITDA | 90 | 75 | 42 | 58 | −419 | 4 | 315 | 7 | 72 | −45 | −37 | −25 |
| Depreciation & amortization | 13 | 13 | 13 | 14 | 14 | 1 | 10 | 14 | 15 | 15 | 15 | 0 |
| EBIT | 78 | 62 | 30 | 44 | −433 | 3 | 304 | −7 | 57 | −60 | −52 | −25 |
