Filing Flows › Rush Enterprises (RUSHA) › Q1 2025
Rush Enterprises (RUSHA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Rush Enterprises (RUSHA) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -8% from the quarter before. Operating margin was 5.0%, net earnings $60.6M (3.3% of revenue).
Rush Enterprises, Q1 2025: revenue $1.9B (-1% year over year), operating margin 5.0%, net earnings $60.6M, operating cash flow $154M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | -8% | -1% |
| Gross profit | $358M | -3% | -8% |
| Operating profit | $91.9M | -18% | -17% |
| Net earnings | $60.6M | -19% | -15% |
| Operating cash flow | $154M | -61% | — |
| Free cash flow | $45.1M | -83% | — |
What changed
Revenue was $1.9B in Q1 2025, down 1% year over year and down 8% from the previous quarter. New and Used Commercial Vehicle was the largest line at 61% of revenue. Commercial Vehicle Repair Service lost $0.02B year over year (down 7%), 95% of the total change.
Gross margin was 19.3%, down 1.5 points from a year earlier. Operating profit was $0.09B, a 5.0% margin (down 0.9 points year over year). Operating expenses fell 5% while revenue fell 1%. Net earnings were $0.06B, down 16% year over year. The effective tax rate was 22.8%.
Operating cash flow was $0.15B, 253% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.02B. Capital expenditures of $0.11B left free cash flow of $0.05B.
Questions
What was Rush Enterprises' revenue in the first quarter 2025?
Rush Enterprises (RUSHA) reported revenue of $1.9B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -8% from the quarter before.
Was Rush Enterprises profitable in the first quarter 2025?
Operating profit was $91.9M (5.0% of revenue) and net earnings $60.6M.
Source: Rush Enterprises 10-Q on SEC EDGAR.