Quarterly ResultJul 29, 2026, 02:51 PM
Wabash National Reports Q2 Net Loss of $22.9M; YTD Loss $68.1M
AI Summary
Wabash National reported a significant net loss of $22.9 million for Q2 2026, compared to a $9.6 million loss in Q2 2025, with year-to-date net loss reaching $68.1 million. Net sales declined to $417.2 million in Q2 2026 from $458.8 million in the prior year. The company also increased its long-term debt to $513.2 million and saw increased cash outflow from operations. Strategically, Wabash acquired the remaining 51% equity in Linq Venture Holdings LLC and made further investments in digital solutions through UpLabs Ventures, SpecSync, and PartsPulse.
Key Highlights
- Q2 2026 Net Loss attributable to common stockholders: $22.9 million, compared to $9.6 million loss in Q2 2025.
- YTD 2026 Net Loss attributable to common stockholders: $68.1 million, a significant swing from $221.4 million income in YTD 2025.
- Q2 2026 Net Sales: $417.2 million, down from $458.8 million in Q2 2025.
- YTD 2026 Basic EPS: $(1.67), down from $5.24 in YTD 2025.
- Acquired remaining 51% of Linq Venture Holdings LLC for $25 million, adding $22.1 million in goodwill.
- Long-term debt increased to $513.2 million at June 30, 2026, from $442.9 million at December 31, 2025.
- Net cash used in operating activities YTD 2026: $(28.5) million, compared to $(16.1) million in YTD 2025.
- Cash and cash equivalents increased to $71.5 million at June 30, 2026, from $31.9 million at December 31, 2025.
Price Impact
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