Earnings Releases·Oct 29, 2026, 6:54 AM ET

Wabash — Third Quarter 2026 Earnings Summary

Net sales rose 24.8% year-over-year to $476.4 million, while consolidated gross profit was $15 million (3.1% margin); GAAP operating loss was $20 million and Non-GAAP adjusted operating loss was $27 million.
Total backlog increased 25% quarter-over-quarter to $1,198 million, driven by a 21.9% sales increase in Transportation Solutions and a 13.8% increase in Parts & Services, with cash reserves rising to $69.3 million.
Fourth quarter 2026 revenue guidance is set at a midpoint of $435 million ($420–$450 million range) with Non-GAAP adjusted EPS guidance of $(0.75) to $(0.55); management expects sequential financial improvement post-Q4.
Strategic capacity additions were accelerated into Q3 to increase dry van output, while long-term debt increased to $540.3 million and free cash flow for the quarter was $(40.8) million.