Short answer
WABASH NATIONAL Corp (WNC) filed its Q1 2026 10-Q quarterly report on May 1, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $303M (down 20.4% year over year) with net income of −$45M.
Q1 2026 key financials · XBRL
- Revenue
- $303M
- −20.4% YoY
- Net income
- −$45M
- −119.6% YoY
- Operating margin
- -17.3%
- EPS (diluted)
- −$1.11
- −120.7% YoY
Source: XBRL data from the WABASH NATIONAL Corp (WNC) Q1 2026 10-Q on SEC EDGAR. USD.
WABASH NATIONAL Corp Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $303.2M, down $77.7M or 20.4% YoY
- Transportation Solutions weakest: sales $250.2M, down 27.9%; gross margin (6.2)% vs 2.4%
- Parts & Services strongest sales trend: $54.1M, up 4.1%; gross margin 9.1% vs 20.4%
- Gross margin (3.5)% vs 5.0%; G&A 10.6% vs (80.0)% YoY
- Operating cash flow used $33.7M vs $0.3M; liquidity $165.1M, down 47% YoY
- Outlook: funding working capital, capital expenditures, and TAAS from operations or borrowing capacity; liquidity preservation prioritized
Risk Factors
- No risk factors provided in the submitted filing text
- Repurchase authorization: $93.2 million remaining through February 2027
- Executive transition: Michael N. Pettit transition agreement dated April 8, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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