Filing Flows › Wabash National (WNC) › Q3 2026
Wabash National (WNC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Wabash National (WNC) reported revenue of $476M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +14% from the quarter before. Operating margin was -4.2%, net loss $20.4M (4.3% of revenue).
Wabash National, Q3 2026: revenue $476M (+25% year over year), operating margin -4.2%, net loss $20.4M, operating cash flow −$37.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $476M | +14% | +25% |
| Operating profit | −$20.0M | — | -135% |
| Net earnings | −$20.4M | — | -151% |
| Operating cash flow | −$37.3M | -826% | -144% |
What changed
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.
Questions
What was Wabash National's revenue in the third quarter 2026?
Wabash National (WNC) reported revenue of $476M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +14% from the quarter before.
Was Wabash National profitable in the third quarter 2026?
Operating loss was $20.0M (-4.2% of revenue) and net loss $20.4M.
Source: Wabash National 10-Q on SEC EDGAR.