Filing Flows › Consumer Discretionary › Wabash National (WNC)
Wabash National (WNC) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 29, 2026 · Wabash National (WNC) Q3 2026 earnings results →
Q3 2026 Revenue up 25% year over year to $476M · 4¢ of every $1 of revenue lost · operating margin -4.2%
Wabash National made $476M in Q3 2026 (+25% Y/Y): New trailers $363M, Equipment and other $80.0M, Components, parts and services $31.4M. Operating margin -4.2%, net loss $20.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 29, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $476.4M in Q3 2026, up 25% year over year and up 14% from the previous quarter. New trailers was the largest line at 76% of revenue. New trailers added $117.4M year over year (up 48%), 124% of the total change. Equipment and other declined 22%.
Gross margin was 3.1%, down 1.0 points from Q3 2025. Operating costs exceeded revenue by $20.0M, an operating margin of -4.2%. The quarter ended with a net loss of $20.4M, narrower than the previous quarter's $22.6M loss.
Operating cash flow was −$37.3M. Non-cash charges added back $13.6M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $33.0M. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$40.8M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 29, 2026 | $476M | +25% | -4.2% | −$20.4M | −$37.3M |
| Q2 2026 | 10-Q | Jul 29, 2026 | $417M | -9% | -6.1% | −$22.6M | $5.1M |
| Q1 2026 | 10-Q | May 1, 2026 | $303M | -20% | -17.3% | −$45.2M | −$33.7M |
| Q4 2025 | 10-K | Feb 18, 2026 | $321M | -23% | -18.6% | −$50.0M | −$57.4M |
| Q3 2025 | 10-Q | Oct 30, 2025 | $382M | -18% | 15.1% | $40.0M | $85.2M |
| Q2 2025 | 10-Q | Jul 25, 2025 | $459M | -17% | -1.0% | −$9.6M | −$15.8M |
| Q1 2025 | 10-Q | Apr 30, 2025 | $381M | -26% | 82.6% | $231M | −$272K |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
Customers and suppliers named in filings
Sells to
About Wabash National
Wabash National Corporation, which we refer to herein as “Wabash,” the “Company,” “us,” “we,” or “our,” is Changing How the World Reaches You ® . Wabash was founded in 1985 and incorporated as a corporation in Delaware in 1991, with its principal executive offices in Lafayette, Indiana, as a dry van trailer manufacturer. Today we combine physical and digital technologies to deliver innovative, end-to-end solutions that optimize supply chains across transportation, logistics, and infrastructure markets. To that end, we design, manufacture, and service a diverse range of products supporting first-to-final mile operations, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment.
In its own words, from its 10-K, filed Feb 18, 2026.
Source: Wabash National 10-Q on SEC EDGAR · CIK 879526 · Truck Trailers
Guidance and outlook
13F: who owns WNC and who is buying
More on WNC
- How Wabash National makes money: revenue by segment
- Wabash National next earnings date and what analysts expect
- Wabash National stock forecast, price target and fair value
- Who owns Wabash National stock: holders, funds and Congress trades
- Wabash National guidance and outlook
- Is Wabash National a takeover target? LBO and rumors
- Wabash National recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results