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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%
CapEx$2.1M-66.8%
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:InventoryNet.

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 itemJune 30,2026December 31,2025
Current assets:
Cash and cash equivalents$71,496$31,923
Accounts receivable, net171,818119,874
Inventories, net192,261181,153
Prepaid expenses and other56,17986,136
Total current assets491,754419,086
Property, plant, and equipment, net283,363300,477
Goodwill213,333191,222

Item 1. Financial Statements

FAQ

What is Wabash National's inventories?
Wabash National (WNC) reported inventories of $192.26M in Q2 2026.
How has Wabash National's inventories changed year-over-year?
Wabash National's inventories decreased by 23.8% year-over-year, from $252.45M to $192.26M.
What is the long-term trend for Wabash National's inventories?
Over 5 years (2020 to 2025), Wabash National's inventories has grown at a 2.0% compound annual growth rate (CAGR), from $163.75M to $181.15M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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