NYSE$WNC

Wabash National Corporation · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Wabash National reported Q1 2025 net sales of $381M with net income attributable to common shareholders of $231M and diluted EPS of $5.36.

Net sales were $380.9 million; net income attributable to common stockholders was $230.9 million, including items tied to portfolio and transaction activity disclosed in the filing. Diluted EPS was $5.36. Transportation solutions and parts/service segments contributed to segment mix.

  • Q1 net sales $381M.
  • Net income to common $231M; diluted EPS $5.36.
  • Trailer and component demand vary by fleet replacement cycle.
  • Margin and mix between new and used equipment matter for earnings.

Headline financials

Total Revenue

$381M

Previous: $515M-26.1%
EPS (adj)

$5.36

Previous: $0.39+1274.4%
New trailers shipped

6.3K

Previous: 8.5K-26.0%
Truck bodies shipped

3.0K

Previous: 3.7K-18.7%
Used trailers shipped

36

Previous: 15+140.0%
Total backlog

$1.2B

No prior period
Transportation op margin

-2.8%

Previous: 9.4%-129.8%
Parts & Services op margin

13.3%

Previous: 21.4%-37.9%
Capital Expenditures

-$8.7M

Previous: -$19.2M+54.7%
Net Income

$231M

Previous: $18.2M+1171.2%
Operating Income

$315M

Previous: $29.6M+963.6%
Gross Profit

$19M

Previous: $76.4M-75.1%

Revenue & EPS history

Wabash National · Revenue · Quarterly

$381M

Q1 2025-26.1%vs Q1 2024
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Revenue by segment

Wabash National · $583M total across 1 segment · Q3 2023

  • Transportation
    $583M-4.7%

Forward guidance

The quarterly filing discusses operating priorities, liquidity, and sector risks.

Tailwinds

  • MD&A outlines strategic priorities and capital allocation.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.3%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+1.6%

Avg return

30 days after

56%

36 / 64 earnings

Positive

+22.5%

Q3 2012

Best reaction

-30.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-10.6%-8.7%
Q4 2025-3.1%-0.8%-18.1%
Q3 2025-2.2%-2.8%+4.3%
Q1 2025-30.6%-18.9%-13.0%
Q4 2024+4.3%-2.2%-25.1%
Q3 2024+5.4%+5.0%+13.2%
Q2 2024-9.0%-7.9%-13.3%
Q1 2024-6.8%-6.6%-13.4%
Q4 2023+10.6%+5.0%+6.2%
Q3 2023+1.4%+0.7%+4.7%
Q2 2023-9.9%-4.3%-10.3%
Q1 2023+17.2%+16.0%+9.0%
Q4 2022+11.4%+10.4%+6.3%
Q3 2022+17.6%+28.7%+52.7%
Q2 2022+7.7%+14.8%+10.6%
Q1 2022+9.0%+4.8%+11.2%
Q4 2021-10.7%-15.3%-11.8%
Q3 2021+2.4%+2.5%+3.4%
Q2 2021+1.1%+2.2%+9.7%
Q1 2021-2.0%-2.5%-14.1%
Q4 2020+3.3%+6.7%+10.6%
Q3 2020+5.9%+12.7%+21.0%
Q2 2020+7.5%+0.2%+7.2%
Q1 2020+0.1%+13.7%+31.2%
Q4 2019+6.0%+4.6%-27.0%
Q3 2019+4.9%+2.9%+5.0%
Q2 2019-2.1%-3.6%-12.6%
Q1 2019-0.5%+3.2%-10.4%
Q4 2018-5.8%-5.3%-0.2%
Q3 2018+13.0%+17.8%+16.7%
Q2 2018+1.2%-1.0%-2.1%
Q1 2018+1.9%-2.1%-0.2%
Q4 2017+9.2%+8.2%-6.5%
Q3 2017-3.2%-10.4%-8.5%
Q2 2017-7.8%-16.1%-11.3%
Q1 2017+20.2%+15.5%+8.7%
Q4 2016+15.0%+20.3%+23.4%
Q3 2016-12.5%-16.2%+1.9%
Q2 2016+8.6%+12.8%+11.9%
Q1 2016+10.7%
Q4 2015-1.0%
Q3 2015+1.1%
Q2 2015+10.8%
Q1 2015+6.1%
Q4 2014+14.1%
Q3 2014-17.5%
Q2 2014+0.8%
Q1 2014-6.0%
Q4 2013-8.5%
Q3 2013-7.6%
Q2 2013+13.7%
Q1 2013-5.9%
Q4 2012-3.5%
Q3 2012+22.5%
Q2 2012+3.0%
Q1 2012-1.6%
Q4 2011-2.4%
Q3 2011+6.4%
Q4 2010-12.4%
Q2 2011-12.4%
Q1 2011-6.6%
Q3 2010+13.6%
Q2 2010-6.3%
Q1 2010-8.6%

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