Wabash National Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026, with the Securities and Exchange Commission on October 29, 2026, reporting a net loss attributable to common stockholders of $88,810 thousand for the nine months ended September 30, 2026.

Key Highlights

  • Nine-month net loss: Net loss attributable to common stockholders was $88,810 thousand, or $2.17 per basic and diluted share, for the nine months ended September 30, 2026, compared to net income of $261,329 thousand, or $6.25 per basic share, in the same period of 2025.
  • Third-quarter net sales: Net sales for the three months ended September 30, 2026 were $476,408 thousand, up from $381,595 thousand in the third quarter of 2025, according to the filing.
  • Operating loss: Loss from operations for the nine months ended September 30, 2026 was $97,680 thousand, compared to income from operations of $367,446 thousand in the prior-year period.
  • Convertible Notes issued: The company disclosed proceeds of $150,000 thousand from the issuance of Convertible Notes during the nine months ended September 30, 2026.
  • Cash position: Cash and cash equivalents stood at $69,290 thousand as of September 30, 2026, up from $31,923 thousand at December 31, 2025.
  • Long-term debt increase: Long-term debt rose to $540,257 thousand at September 30, 2026, from $442,852 thousand at December 31, 2025, the filing stated.
  • Shares outstanding: 40,738,694 shares of common stock were outstanding as of October 22, 2026.

Wabash National's Financial Results for the Nine Months Ended September 30, 2026

According to the filing, Wabash National Corporation (NYSE:WNC) reported net sales of $1,196,878 thousand for the nine months ended September 30, 2026, a decline from $1,221,301 thousand in the comparable prior-year period. Gross profit for the nine-month period fell to $19,629 thousand from $76,111 thousand, as cost of sales of $1,177,249 thousand consumed a larger share of revenue compared to $1,145,190 thousand in 2025.

The company reported a loss from operations of $97,680 thousand for the nine months ended September 30, 2026, compared to income from operations of $367,446 thousand in the same period of 2025. The filing disclosed that general and administrative expenses for the nine-month period were $96,821 thousand, against a credit of $(318,196) thousand in the prior-year period. Impairment and other, net was a gain of $(8,444) thousand for the nine months ended September 30, 2026, compared to a charge of $186 thousand in 2025. Interest expense for the nine months was $19,836 thousand, up from $15,707 thousand.

On the balance sheet, total assets were $1,234,398 thousand at September 30, 2026, compared to $1,171,181 thousand at December 31, 2025. Accounts payable increased to $246,184 thousand from $145,739 thousand at year-end. The filing reported that operating activities used $65,820 thousand in cash for the nine months ended September 30, 2026, while investing activities provided $21,489 thousand, including $39,723 thousand in proceeds from the sale of assets. Dividends declared per share remained at $0.08 for the third quarter and $0.24 for the nine-month period, consistent with the prior year.

What Was Disclosed

Wabash National's 10-Q for the period ended September 30, 2026 disclosed a nine-month net loss of $88,810 thousand attributable to common stockholders, increased long-term debt following a $150,000 thousand Convertible Notes issuance, and a significant decline in gross profit and operating income compared to the same period in 2025.