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Wabash National WNC Operating Income

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Segments

By segment

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Transportation Solutions-$13.9M-211%
Parts & Services$5.97M-34.2%

Other financials

Income statement

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Revenue$417.2M-9.1%
Gross profit$15.3M-63.0%
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:OperatingIncomeLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Selling expenses6,3366,33914,05412,718
Amortization of intangible assets2,6742,7895,3485,578
Impairment and other, net(752)14(1,457)(17)
(Loss) income from operations(25,295)(4,751)(77,654)309,800
Other income (expense):
Interest expense(6,693)(5,308)(12,879)(10,334)
Other, net367(33)6571,581
Other expense, net(6,326)(5,341)(12,222)(8,753)

Item 1. Financial Statements

FAQ

What is Wabash National's operating income?
Wabash National (WNC) reported operating income of -$25.3M in Q2 2026.
How has Wabash National's operating income changed year-over-year?
Wabash National's operating income decreased by 432.4% year-over-year, from -$4.75M to -$25.3M.
What is the long-term trend for Wabash National's operating income?
Over 2 years (2022 to 2024), Wabash National's operating income has grown at a 46.9% compound annual growth rate (CAGR), from $166.64M to -$359.69M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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