Wabash National Corporation Q1 2026 Financial Results

Wabash National Corporation reported first quarter 2026 results with revenue of $303.2 million, a decrease of 20.4% year-over-year, attributed to softer demand in the Truck Body business. The company incurred a GAAP operating loss of $52 million and a Non-GAAP adjusted operating loss of $55.5 million. Diluted EPS was $(1.11) on a GAAP basis and $(1.17) on a Non-GAAP adjusted basis. The total backlog at the end of Q1 was $837 million. For the second quarter of 2026, Wabash anticipates revenue between $380 million and $400 million, with an expected Non-GAAP adjusted EPS ranging from $(0.40) to $(0.60). The company noted challenging near-term market conditions but anticipates a recovery and improved financial performance throughout 2026.