Wabash reported FY 2025 net sales of USD 1.54 billion (-20.8% YoY), with Transportation Solutions sales of USD 1.34 billion (-23.4%) and Parts & Services sales of USD 237.12 million (+15.6%). FY 2025 gross profit was USD 69.91 million (-73.6%), and gross margin was 4.5% versus 13.6% in FY 2024. Operating profit in FY 2025 totaled USD 307.5 million and operating margin was 19.9%; results included a USD 418.6 million non-cash charge for punitive damages related to the Product Liability Matter. In FY 2025, Wabash shipped 27,770 new trailers (-13.5%) and 10,600 new truck bodies (-25.6%), reflecting lower demand amid a softening freight market. Cash provided by operating activities was USD 11.7 million in FY 2025 versus USD 117.3 million in FY 2024, while investing activities used USD 92.7 million, including USD 47.5 million for revenue-generating assets tied primarily to Trailers as a Service (TaaS). As of Dec. 31, 2025, liquidity was USD 235.3 million, total debt obligations were USD 445.0 million, and USD 45.0 million was outstanding under the revolving credit facility; the company also repurchased USD 30.9 million of stock (inclusive of excise tax) and paid USD 13.8 million in dividends during FY 2025. Business highlights for FY 2025 included continued expansion of Parts & Services and TaaS, growth from upfitting centers, and Wabash exercising its option to acquire its joint venture partner’s 51% membership interest in Linq Venture Holdings, making it a wholly owned subsidiary to support digital capabilities. The company also announced plans to idle facilities in Little Falls, Minnesota and Goshen, Indiana, recording a USD 13.4 million impairment charge related to machinery and equipment at the Little Falls site.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wabash National Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000879526-26-000036), on February 18, 2026, and is solely responsible for the information contained therein.