Loading...
•
Jun 30, 2025
Wabash National Q2 2025 Earnings Report
Wabash reported lower revenue and a net loss in Q2 2025 as weak trailer demand persisted, but Parts & Services delivered growth.
Key Takeaways
Wabash posted $458.8M in revenue and a net loss of $9.6M in Q2 2025. Parts & Services grew 8.8% year-over-year, but Transportation Solutions saw a steep revenue decline due to weaker trailer shipments. Total backlog remained at $1B amid cautious customer spending.
Revenue declined 16.7% year-over-year to $458.8M due to weaker trailer demand
Net loss widened to $9.6M, including a $5M legal-related expense
Parts & Services grew 8.8% year-over-year to $59.7M revenue
Total backlog stood at $1B as customers delayed capital spending
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Wabash reduced its full-year 2025 revenue outlook to $1.6B and expects to be near free cash flow breakeven, citing muted trailer demand but continued strength in Parts & Services.
Positive Outlook
- Parts & Services expected to continue sequential and year-over-year growth
- Cost containment actions helping to limit adjusted operating losses
- Free cash flow expected to approach breakeven for full year 2025
- Strong $1B backlog supports revenue visibility
- Cautious optimism for 2026 growth based on early customer discussions
Challenges Ahead
- Trailer industry demand remains below replacement levels
- Revenue guidance cut to $1.6B for 2025
- Adjusted EPS guidance lowered to ~$(1.15)
- Legal verdict impacted Q2 results by $5M
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...