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WABASH NATIONAL Corp

WABASH NATIONAL CorpWNCEarnings & Financial Report

NYSE · transport

Wabash is an American diversified industrial manufacturing company and one of North America's largest producers of semi-trailers and truck bodies. The company specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, liquid tank trailers, truck bodies and composite products. Its products are sold primarily under the Wabash brand name since 2022. Prior to 2022, products were sold under: Wabash National, Transcraft, Benson, Walker Transport, Brenner Tan...

WNC Q4 2025 Key Financial Metrics

Revenue

$321.5M

Gross Profit

$-6.2M

Operating Profit

$-59.9M

Net Profit

$-49.9M

Gross Margin

-1.9%

Operating Margin

-18.6%

Net Margin

-15.5%

YoY Growth

-22.9%

EPS

$-1.03

Financial Flow

WABASH NATIONAL Corp Q4 2025 Financial Summary

WABASH NATIONAL Corp reported revenue of $321.5M for Q4 2025, with a net profit of $-49.9M (-15.5% margin). Cost of goods sold was $327.7M, operating expenses totaled $53.7M.

Key Financial Metrics

Total Revenue$321.5M
Net Profit$-49.9M
Gross Margin-1.9%
Operating Margin-18.6%
Report PeriodQ4 2025

WABASH NATIONAL Corp Annual Revenue by Year

WABASH NATIONAL Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.5B).

YearAnnual Revenue
2025$1.5B
2024$1.9B
2023$2.5B
2022$2.5B

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$515.3M$550.6M$464.0M$416.8M$380.9M$458.8M$381.6M$321.5M
YoY Growth-17.0%-19.8%-26.7%-30.1%-26.1%-16.7%-17.8%-22.9%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$1.38B$1.34B$1.46B$1.41B$1.42B$1.38B$1.35B$1.17B
Liabilities$832.3M$788.5M$1.25B$1.22B$1.01B$989.6M$929.8M$802.6M
Equity$546.1M$550.4M$200.5M$188.8M$403.8M$385.2M$418.7M$367.4M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-17.4M$11.0M$42.8M$80.9M$-272000$-15.8M$85.2M$-57.4M