Filing Flows › Rush Enterprises (RUSHA) › Q2 2025
Rush Enterprises (RUSHA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Rush Enterprises (RUSHA) reported revenue of $1.9B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +4% from the quarter before. Operating margin was 5.7%, net earnings $73.0M (3.8% of revenue).
Rush Enterprises, Q2 2025: revenue $1.9B (-5% year over year), operating margin 5.7%, net earnings $73.0M, operating cash flow $228M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +4% | -5% |
| Gross profit | $380M | +6% | -3% |
| Operating profit | $110M | +20% | -11% |
| Net earnings | $73.0M | +20% | -7% |
| Operating cash flow | $228M | +48% | -16% |
| Free cash flow | $114M | +152% | -36% |
What changed
Revenue was $1.9B in Q2 2025, down 5% year over year and up 4% from the previous quarter. New and Used Commercial Vehicle was the largest line at 62% of revenue. New and Used Commercial Vehicle lost $0.11B year over year (down 8%), 113% of the total change.
Gross margin was 19.7%, up 0.3 points from a year earlier. Operating profit was $0.11B, a 5.7% margin (down 0.4 points year over year). Operating expenses grew 1% against a revenue fall of 5%. Net earnings were $0.07B, down 8% year over year. The effective tax rate was 24.8%.
Operating cash flow was $0.23B (down 16% year over year), 312% 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 $0.08B. Capital expenditures of $0.11B left free cash flow of $0.11B.
Questions
What was Rush Enterprises' revenue in the second quarter 2025?
Rush Enterprises (RUSHA) reported revenue of $1.9B for the second quarter 2025 (Q2 2025), -5% from a year earlier and +4% from the quarter before.
Was Rush Enterprises profitable in the second quarter 2025?
Operating profit was $110M (5.7% of revenue) and net earnings $73.0M.
Source: Rush Enterprises 10-Q on SEC EDGAR.