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WABASH NATIONAL Corp (WNC) filed an 8-K current report with the SEC on May 1, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results for quarter ended March 31, 2026.
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AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results for quarter ended March 31, 2026
- Press release furnished as Exhibit 99.1 with detailed financial results
- Investor presentation and teleconference materials available at ir.onewabash.com
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $303.2M, down 20.4% YoY and below guidance, signaling sharply weaker demand, especially in Truck Body
- GAAP operating loss $52.4M and adjusted EPS $(1.17), reflecting volume-driven inefficiencies and $2.8M facility-idling costs
- Transportation Solutions sales fell 27.9% to $250.2M, with adjusted EBITDA margin deteriorating to negative 9.1%
- Parts & Services sales rose 4.1% to $54.1M, but adjusted EBITDA margin compressed to 0.2% from 15.6%
- Backlog increased $132M sequentially to $837M; Q2 outlook implies revenue midpoint $390M and adjusted EPS $(0.50), supporting expected recovery but ongoing near-term losses
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