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Other financials

Income statement

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Revenue$417.2M-9.1%
Gross profit$15.3M-63.0%
Operating income-$25.3M-432%
Net income-$22.9M-139%
EPS (diluted)-$0.56-143%

Balance sheet

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Cash & equivalents$71.5M+24.5%
Total debt$545.1M+15.8%
Total equity$292.5M-24.1%
Total assets$1.2B-10.0%

Cash flow

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Operating cash flow-$33.7M-12,272%
Free cash flow-$37.1M-313%

Valuation

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Market cap$526.73M+32.0%
Enterprise value$1B+23.1%
P/S0.4×+0.1×

Profitability

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Gross margin1%-8.3pp
Operating margin22.4%+16.2pp
Net margin-5.5%-0.7pp
FCF margin-2.8%-6.8pp

Returns & leverage

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Return on equity-23%-0.5pp
Debt / equity1.9×+0.6×
Current ratio1.3×-0.4×

Where this comes from

Reported directly by Wabash National in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Wabash National’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 2:42 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000879526-26-000089
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Other, net(6,511)(345,613)
Net cash used in operating activities(28,517)(16,106)
Cash flows from investing activities
Cash payments for capital expenditures(5,490)(14,925)
Expenditures for revenue generating assets(235)(20,885)
Proceeds from the sale of assets21,85940
Acquisition, net of cash acquired(2,872)(1,666)
Investment in unconsolidated affiliates and other(6,175)(10,350)

Item 1. Financial Statements

FAQ

What is Wabash National's capex?
Wabash National (WNC) reported capex of $2.07M in Q2 2026.
How has Wabash National's capex changed year-over-year?
Wabash National's capex decreased by 66.8% year-over-year, from $6.23M to $2.07M.
What is the long-term trend for Wabash National's capex?
Over 4 years (2021 to 2025), Wabash National's capex has grown at a -15.8% compound annual growth rate (CAGR), from $49.11M to $24.71M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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