WABASH NATIONAL Corp (WNC) Financial Statements
Industry: Truck Trailers
In fiscal 2025, WABASH NATIONAL reported revenue of $1.54B, down 20.8% from $1.95B the year before. Net income was $211.5M (a 13.7% net margin), or $5.07 per diluted share. Gross margin was 4.5% and operating margin was 19.9%. Operating activities generated $11.7M of cash, leaving -$13.0M of free cash flow. At fiscal year end, WABASH NATIONAL held $1.17B in total assets against $802.6M in total liabilities, including $31.9M of cash and equivalents.
Open the full interactive WABASH NATIONAL financials → Quarterly statements, key ratios, valuation history and price charts.
WABASH NATIONAL Key Stats
| Share Price | $13.47 |
|---|---|
| Market Cap | $551.2M |
| P/E Ratio | 2.7 |
| Dividend Yield | 2.41% |
| Revenue YoY Growth | -20.8% |
| 52-Week Range | $6.69 – $14.23 |
| Shares Outstanding | 40.9 million (basic, 2026 Q2) |
WABASH NATIONAL Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.48B | $1.80B | $2.50B | $2.54B | $1.95B | $1.54B |
| Gross Profit | $159.8M | $196.5M | $322.7M | $498.2M | $265.1M | $69.9M |
| Operating Income | -$85.6M | $33.5M | $166.6M | $311.9M | -$356.1M | $307.5M |
| Pre-Tax Income | -$109.2M | $1.3M | $146.4M | $294.7M | -$376.6M | $283.2M |
| Income Tax | -$11.8M | $126,000 | $33.7M | $62.8M | -$93.5M | $71.5M |
| Net Income | -$97.4M | $1.2M | $112.3M | $231.3M | -$284.1M | $211.5M |
| Diluted EPS | -$1.84 | $0.02 | $2.25 | $4.81 | -$6.40 | $5.07 |
WABASH NATIONAL Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $381.6M | $321.5M | $303.2M | $417.2M |
| Net Income | $40.0M | -$49.9M | -$45.2M | -$22.9M |
| Diluted EPS | $0.97 | -$1.19 | -$1.11 | -$0.56 |
WABASH NATIONAL Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $217.7M | $71.8M | $58.2M | $179.3M | $115.5M | $31.9M |
| Current Assets | $545.8M | $529.7M | $592.6M | $681.4M | $594.5M | $419.1M |
| Total Assets | $1.16B | $1.11B | $1.20B | $1.36B | $1.41B | $1.17B |
| Current Liabilities | $235.8M | $289.3M | $347.5M | $352.2M | $308.4M | $302.3M |
| Total Long-Term Debt | $448.0M | $428.3M | $395.8M | $396.5M | $397.1M | $442.9M |
| Total Liabilities | $756.6M | $781.5M | $805.4M | $812.7M | $1.22B | $802.6M |
| Shareholders' Equity | $404.9M | $325.5M | $397.6M | $549.5M | $188.8M | $367.4M |
WABASH NATIONAL Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $124.1M | -$7.5M | $124.1M | $319.6M | $117.3M | $11.7M |
| Cash From Investing | -$3.0M | -$27.1M | -$55.3M | -$106.0M | -$94.8M | -$92.7M |
| Cash From Financing | -$44.0M | -$111.4M | -$82.3M | -$92.5M | -$86.3M | -$2.5M |
| Free Cash Flow | $104.0M | -$56.6M | $67.0M | $221.5M | $45.1M | -$13.0M |
| Dividends Paid | $17.3M | $16.4M | $16.0M | $15.9M | $14.8M | $13.8M |
Figures from WABASH NATIONAL's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full WABASH NATIONAL financials page for every line item.
WABASH NATIONAL Company Profile
| Ticker | WNC |
|---|---|
| Exchange | NYSE |
| Industry | Truck Trailers |
| Headquarters | Lafayette, Indiana |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000879526 |
Frequently Asked Questions
What was WABASH NATIONAL's revenue in fiscal 2025?
WABASH NATIONAL (WNC) reported revenue of $1.54B for fiscal 2025.
What is WABASH NATIONAL's annual revenue history?
WABASH NATIONAL's annual revenue by fiscal year: 2020: $1.48B; 2021: $1.80B; 2022: $2.50B; 2023: $2.54B; 2024: $1.95B; 2025: $1.54B.
What was WABASH NATIONAL's net income in fiscal 2025?
WABASH NATIONAL reported net income of $211.5M for fiscal 2025.
What was WABASH NATIONAL's earnings per share (EPS) in fiscal 2025?
WABASH NATIONAL's diluted EPS was $5.07 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did WABASH NATIONAL generate in fiscal 2025?
WABASH NATIONAL generated -$13.0M of free cash flow in fiscal 2025.
What was WABASH NATIONAL's revenue last quarter?
In its most recent reported quarter (2026 Q2), WABASH NATIONAL reported revenue of $417.2M.
How much debt does WABASH NATIONAL have?
WABASH NATIONAL reported $442.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of WABASH NATIONAL are outstanding?
WABASH NATIONAL reported a weighted average of 40.9 million basic shares outstanding in 2026 Q2.
What is WABASH NATIONAL's market cap?
Based on its latest closing price, WABASH NATIONAL (WNC) has a market capitalization of about $551.2M.
When does WABASH NATIONAL's fiscal year end?
WABASH NATIONAL's fiscal year end, as registered with the SEC, is December 31.
Where is WABASH NATIONAL headquartered?
WABASH NATIONAL lists its business address in Lafayette, Indiana in its SEC filings.