WABASH NATIONAL Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.5B | $1.9B | $2.5B | $2.5B | $1.8B |
| Cost of revenue | $1.5B | $1.7B | $2.0B | $2.2B | $1.6B |
| Gross profit | $69.9M | $265.1M | $498.2M | $322.7M | $196.5M |
| Selling, general & administrative | — | $621.2M | $186.2M | $156.0M | — |
| Research and development | $5.9M | $8.6M | $7.5M | $5.3M | $13.6M |
| Operating income | $307.5M | -$356.1M | $311.9M | $166.6M | $33.5M |
| Interest expense | $21.3M | $19.8M | $19.9M | $20.5M | $23.1M |
| Pretax income | $283.2M | -$376.6M | $294.7M | $146.4M | $1.3M |
| Income tax expense | $71.5M | -$93.5M | $62.8M | $33.7M | $126,000 |
| Net income | $211.5M | -$284.1M | $231.3M | $112.3M | $1.2M |
| Balance Sheet | |||||
| Cash and equivalents | $31.9M | $115.5M | $179.3M | $58.2M | $71.8M |
| Current assets | $419.1M | $594.5M | $681.4M | $592.6M | $529.7M |
| Total assets | $1.2B | $1.4B | $1.4B | $1.2B | $1.1B |
| Current liabilities | $302.3M | $308.4M | $352.2M | $347.5M | $289.3M |
| Total liabilities | $802.6M | $1.2B | $812.7M | $805.4M | $781.5M |
| Total debt | $445.0M | $400.0M | $400.0M | $400.0M | $433.0M |
| Stockholders' equity | $367.4M | $188.8M | $549.5M | $397.6M | $325.5M |
| Cash Flow Statement | |||||
| Cash from operations | $11.7M | $117.3M | $319.6M | $124.1M | -$7.5M |
| Depreciation and amortization | $47.6M | $45.0M | $32.5M | $31.8M | $26.0M |
| Stock-based compensation | $11.5M | $11.3M | $11.8M | $9.7M | $7.1M |
| Capital expenditure | $24.7M | $72.2M | $98.1M | $57.1M | $49.1M |
| Free cash flow | -$13.0M | $45.1M | $221.5M | $67.0M | -$56.6M |
| Dividends paid | $13.8M | $14.8M | $15.9M | $16.0M | $16.4M |
| Share repurchases | $33.8M | $70.9M | $76.2M | $34.3M | $66.7M |
| Impairments | $13.4M | $994,000 | $0 | $1.3M | $29.2M |
Shares outstanding 40.7M · Free float 89.5%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.