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How Wabash National (WNC) makes money

Wabash National (WNC) made $476M of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. New trailers brought in $363M (76%); Equipment and other brought in $80.0M (17%); Components, parts and services brought in $31.4M (7%).

Drawing the Sankey…

Wabash National revenue by segment, Q3 2026Wabash National revenue by segment, Q3 2026New trailers$363MEquipment and other$80.0MComponents, parts and services$31.4MUsed trailers$2.0M
Wabash National: revenue by line, Q1 2025 to Q3 2026Wabash National: revenue by line, Q1 2025 to Q3 2026New trailersEquipment and otherComponents, parts and…Parts & ServicesUsed trailersNew trailers: $363M latest$363MEquipment and other: $80.0M latest$80.0MComponents, parts and services: $31.4M latestParts & Services: $0 latestUsed trailers: $2.0M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
New trailers went from 61% of revenue in Q1 2025 to 76% in Q3 2026, the largest shift in the mix.
Wabash National revenue by quarterWabash National revenue by quarter$381MQ1 2025$459MQ2 2025$382MQ3 2025$321MQ4 2025$303MQ1 2026$417MQ2 2026$476MQ3 2026

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
New trailers$363M76.2%+14%+48%
Equipment and other$80.0M16.8%+22%-22%
Components, parts and services$31.4M6.6%-3%-4%
Used trailers$2.0M0.4%+9%+110%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$476M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$476M+25%
Q2 2026$417M-9%
Q1 2026$303M-20%
Q4 2025$321M-23%
Q3 2025$382M-18%
Q2 2025$459M-17%
Q1 2025$381M-26%

From Wabash National's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Wabash National make money?

Wabash National (WNC) made $476M of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. New trailers brought in $363M (76%); Equipment and other brought in $80.0M (17%); Components, parts and services brought in $31.4M (7%).

What is Wabash National's biggest business?

New trailers: $363M in the third quarter 2026, 76% of revenue, +48% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.