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Wabash National WNC Payment-in-kind interest

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Other financials

Income statement

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Revenue$303.2M-20.4%
Gross profit-$10.6M-156%
Operating income-$52.4M-117%
Net income-$45.2M-120%
EPS (diluted)-$1.11-121%

Balance sheet

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Cash & equivalents$43.4M-46.4%
Total debt$531.0M+17.1%
Total equity$320.6M-20.6%
Total assets$1.2B-13.1%

Cash flow

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Operating cash flow-$33.7M-12,272%
CapEx$3.4M-60.6%
Free cash flow-$37.1M-313%

Valuation

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Market cap$567M+32.6%
Enterprise value$1.05B+31.8%
P/S0.4×+0.2×

Profitability

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Gross margin2.8%-8.7pp
Operating margin22.4%+16.2pp
Net margin-4.4%+0.6pp
FCF margin-2.8%-6.8pp

Returns & leverage

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Return on equity-17.9%+4.2pp
Debt / equity1.7×+0.5×
Current ratio1.3×-0.3×

Where this comes from

Reported directly by Wabash National in its filing.

Tagged under the XBRL concept us-gaap:PaidInKindInterest.

The official record: Wabash National’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wabash National's payment-in-kind interest?
Wabash National (WNC) reported payment-in-kind interest of $262K in Q1 2026.
How has Wabash National's payment-in-kind interest changed year-over-year?
Wabash National's payment-in-kind interest increased by 6.5% year-over-year, from $246K to $262K.
What is the long-term trend for Wabash National's payment-in-kind interest?
Over 4 years (2021 to 2025), Wabash National's payment-in-kind interest has grown at a -1.8% compound annual growth rate (CAGR), from $1.08M to $1.01M.
What does payment-in-kind interest mean?
This represents interest expense that is settled by issuing additional debt or equity instruments rather than through cash payments. It reflects a company's strategy to preserve cash liquidity by deferring interest obligations to future periods. Investors monitor this to assess the impact of non-cash financing costs on the company's long-term leverage and capital structure.