Quarterly ResultAug 7, 2026, 04:29 PM
Rush Enterprises Q2 Net Income $72.76M; Diluted EPS $0.91
AI Summary
Rush Enterprises reported Q2 2026 net income attributable to the company of $72.76 million, a slight increase of 0.45% year-over-year, with diluted EPS rising 1.1% to $0.91. However, total revenue for the quarter decreased by 1.6% to $1.90 billion, primarily due to a 3.6% decline in new and used commercial vehicle sales, partially offset by a 1.5% increase in aftermarket sales. The company also increased its dividends declared per common share to $0.19 and saw its cash position improve by 24.6% since year-end 2025, despite a significant 49.2% decrease in net cash provided by operating activities for the six-month period.
Key Highlights
- Q2 Net Income attributable to Rush Enterprises, Inc. was $72.76 million, up 0.45% YoY.
- Q2 Diluted Earnings Per Share was $0.91, up 1.1% from $0.90 in the prior year.
- Total revenue for Q2 decreased by 1.6% to $1.90 billion from $1.93 billion YoY.
- New and used commercial vehicle sales for Q2 fell 3.6% to $1.15 billion.
- Aftermarket products and services sales for Q2 rose 1.5% to $645.66 million.
- Dividends declared per common share increased to $0.19 from $0.18 YoY.
- Cash, cash equivalents, and restricted cash grew 24.6% to $264.94 million since year-end 2025.
- Net cash provided by operating activities for the six months decreased 49.2% to $193.66 million.
Price Impact
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