WABASH NATIONAL CORPORATION

WNC ·Consumer Cyclical, Recreational Vehicles, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $1.54B $1.95B $2.54B $2.50B $1.80B $1.48B $2.32B
Cost of Revenue $1.47B $1.68B $2.04B $2.18B $1.61B $1.32B $2.01B
Gross Profit $69.9M $265.1M $498.2M $322.7M $196.5M $159.8M $306.4M
Gross Margin 4.5% 13.6% 19.6% 12.9% 10.9% 10.8% 13.2%
Operating Expenses
Research & Development $5.9M $8.6M $7.5M $5.3M $13.6M $21.9M $19.5M
SG&A Expense $621.2M $186.2M $156.0M $88.8M $92.7M $108.3M
Operating Income $307.5M $-356.1M $311.9M $166.6M $33.5M $-85.6M $142.8M
Operating Margin 19.9% -18.3% 12.3% 6.7% 1.9% -5.8% 6.2%
Interest Expense $19.9M $20.5M $23.1M $24.2M $27.3M
Pretax Income $283.2M $-376.6M $294.7M $146.4M $1.3M $-109.2M $117.7M
Income Tax Expense $71.5M $-93.5M $62.8M $33.7M $126.0K $-11.8M $28.2M
Net Income $211.5M $-284.1M $231.3M $112.3M $1.2M $-97.4M $89.6M
Net Margin 13.7% -14.6% 9.1% 4.5% 0.1% -6.6% 3.9%
EPS (Basic) $5.09 $-6.40 $4.92 $2.31 $0.02 $-1.84 $1.64
EPS (Diluted) $5.07 $-6.40 $4.81 $2.25 $0.02 $-1.84 $1.62
Shares Outstanding (Basic) 40.4M 41.5M 44.4M 47.0M 48.6M 50.7M 52.9M 54.7M
Shares Outstanding (Diluted) 40.4M 41.7M 44.4M 48.0M 49.9M 51.6M 52.9M 55.3M
Dividends Per Share $0.32 $0.32 $0.32 $0.32 $0.32 $0.32 $0.32
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