Key Highlights

  • Wabash's $0.08 quarterly Dividend trades ex-dividend October 8, 2026, with payment on October 29 to shareholders of record.
  • Second-quarter net sales were $417.2 million, down 9.1%, with a GAAP loss of $0.56 per diluted share.
  • Backlog was $956 million, up 14% from the prior quarter, and cash was $71.5 million versus $31.9 million.
  • Third-quarter guidance includes Revenue of $440 million to $460 million and adjusted Earnings Per Share (non-GAAP) of $(0.50) to $(0.40).

Wabash National Corporation (NYSE:WNC) declared a quarterly dividend of $0.08 per share, a Yield of 2.31%, payable October 29 to shareholders of record on October 8, 2026. Second-quarter net sales were $417.2 million, and the company reported a GAAP loss of $0.56 per diluted share. Backlog was $956 million.

Dividend Program and Shareholder Returns

Wabash's board declared the $0.08 per share dividend on August 19, 2026, payable October 29 to shareholders of record on October 8. The shares trade ex-dividend on October 8.

The company also priced an upsized private offering of $130 million of 4.00% convertible senior unsecured notes due 2032 in July 2026. In its announcement of the proposed offering, Wabash cited general corporate purposes, including repaying amounts outstanding under its existing Credit agreement. That 8-K also stated that the notes may be settled in cash, shares of common stock or a combination, at the company's election. Each dividend remains subject to board approval.

About the Company

Wabash National Corporation, based in Lafayette, Indiana, manufactures trailers, truck bodies and related equipment for the transportation, logistics and distribution industries. It reports Transportation Solutions and Parts and Services segments. Second-quarter Transportation Solutions sales were $354.7 million, and Parts and Services sales were $63.4 million, up 6.1%.

Second-Quarter Sales, Margin and Segment Results

Wabash reported second-quarter net sales of $417.2 million, down 9.1% from $458.816 million in the second quarter of 2025. In its 8-K announcing the proposed notes offering, the company had reported preliminary net sales of $413 million to $421 million and a preliminary backlog above $950 million. Gross margin was 3.7%, compared with 9.0%. On a GAAP basis, the operating loss was about $25 million, and the diluted loss per share was $0.56. Adjusted operating loss, a non-GAAP measure that excludes $1.8 million of Facility idling costs, was $23.5 million, and adjusted loss per share (non-GAAP) was $0.53.

The same 8-K reported a preliminary net loss of $23 million to $26 million. Transportation Solutions reported an operating loss of $13.9 million on sales of $354.7 million. Parts and Services reported Operating Income of $6.0 million on sales of $63.4 million, up 6.1%. Trailer shipments were 8,292, compared with 8,043, and truck body shipments were 1,380, compared with 3,188.

Balance Sheet, Backlog and Third-Quarter Guidance

Wabash reported cash of $71.5 million, compared with $31.9 million, and long-term Debt of $513.2 million, compared with $442.9 million. Backlog was $956 million, up 14% from the prior quarter. The company reported third-quarter revenue guidance of $440 million to $460 million and adjusted earnings per share (non-GAAP) guidance of $(0.50) to $(0.40).

Outlook

Wabash's $0.08 quarterly dividend is payable October 29 to shareholders of record on October 8, 2026. Third-quarter results relative to the $440 million to $460 million revenue guidance, the $956 million backlog, and long-term debt of $513.2 million are the relevant considerations.