WABASH NATIONAL CorpWNCEarnings & Financial Report
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
营收
$321.5M
毛利润
$-6.2M
营业利润
$-59.9M
净利润
$-49.9M
毛利率
-1.9%
营业利润率
-18.6%
净利率
-15.5%
同比增长
-22.9%
EPS
$-1.03
资金流向
WABASH NATIONAL Corp Q4 2025 Financial Summary
WABASH NATIONAL Corp reported revenue of $321.5M (down 22.9% YoY) for Q4 2025, with a net profit of $-49.9M (down 4742.5% YoY) (-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 Period | Q4 2025 |
Revenue Breakdown
WABASH NATIONAL Corp Q4 2025 revenue of $321.5M breaks down across 3 segments, led by New Trailers at $222.7M (69.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| New Trailers | $222.7M | 69.3% |
| Parts Service Segment | $64.1M | 19.9% |
| Components Partsand Services | $30.5M | 9.5% |
WABASH NATIONAL Corp Revenue by Segment — Quarterly Trend
WABASH NATIONAL Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as New Trailers and Parts Service Segment) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| New Trailers | $222.7M | — | $312.9M | $251.0M |
| Parts Service Segment | $64.1M | $60.7M | $59.5M | — |
| Components Partsand Services | $30.5M | — | — | $31.5M |
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). Click any linked year to see what changed vs the prior 10-K.
WABASH NATIONAL Corp Quarterly Revenue & Net Profit History
WABASH NATIONAL Corp quarterly results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $321.5M | -22.9% | $-49.9M | -15.5% |
| Q3 2025 | $381.6M | -17.8% | $40.0M | 10.5% |
| Q2 2025 | $458.8M | -16.7% | $-9.6M | -2.1% |
| Q1 2025 | $380.9M | -26.1% | $230.9M | 60.6% |
| Q4 2024 | $416.8M | -30.1% | $-1.0M | -0.2% |
| Q3 2024 | $464.0M | -26.7% | $-330.2M | -71.2% |
| Q2 2024 | $550.6M | -19.8% | $29.0M | 5.3% |
| Q1 2024 | $515.3M | -17.0% | $18.2M | 3.5% |
利润表
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| 营收 | $515.3M | $550.6M | $464.0M | $416.8M | $380.9M | $458.8M | $381.6M | $321.5M |
| 同比增长 | -17.0% | -19.8% | -26.7% | -30.1% | -26.1% | -16.7% | -17.8% | -22.9% |
资产负债表
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| 总资产 | $1.38B | $1.34B | $1.46B | $1.41B | $1.42B | $1.38B | $1.35B | $1.17B |
| 总负债 | $832.3M | $788.5M | $1.25B | $1.22B | $1.01B | $989.6M | $929.8M | $802.6M |
| 股东权益 | $546.1M | $550.4M | $200.5M | $188.8M | $403.8M | $385.2M | $418.7M | $367.4M |
现金流量表
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| 经营性现金流 | $-17.4M | $11.0M | $42.8M | $80.9M | $-272000 | $-15.8M | $85.2M | $-57.4M |