Filing Flows › Rush Enterprises (RUSHA) › Q1 2026
Rush Enterprises (RUSHA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Rush Enterprises (RUSHA) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -9% from a year earlier and -5% from the quarter before. Operating margin was 4.9%, net earnings $61.7M (3.7% of revenue).
Rush Enterprises, Q1 2026: revenue $1.7B (-9% year over year), operating margin 4.9%, net earnings $61.7M, operating cash flow $60.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | -5% | -9% |
| Gross profit | $344M | -1% | -4% |
| Operating profit | $82.2M | -10% | -11% |
| Net earnings | $61.7M | -5% | +2% |
| Operating cash flow | $60.4M | -46% | -61% |
What changed
Revenue was $1.7B in Q1 2026, down 9% year over year and down 5% from the previous quarter. New and Used Commercial Vehicle was the largest line at 57% of revenue. New and Used Commercial Vehicle lost $0.18B year over year (down 16%), 105% of the total change.
Gross margin was 20.4%, up 1.1 points from Q1 2025. Operating profit was $0.08B, a 4.9% margin (down 0.1 points year over year). Operating expenses fell 2% while revenue fell 9%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $0.06B, up 2% year over year. The effective tax rate was 18.2%.
Operating cash flow was $0.06B (down 61% year over year), 98% 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 used $0.08B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Rush Enterprises' revenue in the first quarter 2026?
Rush Enterprises (RUSHA) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), -9% from a year earlier and -5% from the quarter before.
Was Rush Enterprises profitable in the first quarter 2026?
Operating profit was $82.2M (4.9% of revenue) and net earnings $61.7M.
Source: Rush Enterprises 10-Q on SEC EDGAR.