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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›WNC›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

WABASH NATIONAL Corp (WNC) financials

Income statement

WABASH NATIONAL Corp (WNC) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.85B$1.77B$2.27B$2.32B$1.48B$1.80B$2.50B$2.54B$1.95B$1.54B
Revenue growth—-4.2%28.3%2.3%-36.1%21.7%38.8%1.4%-23.3%-20.8%
Gross profit$326M$261M$284M$306M$160M$196M$323M$498M$265M$69.9M
Gross margin17.6%14.8%12.5%13.2%10.8%10.9%12.9%19.6%13.6%4.5%
Operating income$203M$131M$111M$143M-$85.6M$33.5M$167M$312M-$356M$308M
Operating margin11.0%7.4%4.9%6.2%-5.8%1.9%6.7%12.3%-18.3%19.9%
Net income$119M$111M$69.4M$89.6M-$97.4M$1.16M$112M$231M-$284M$211M
Net margin6.5%6.3%3.1%3.9%-6.6%0.1%4.5%9.1%-14.6%13.7%
EPS (diluted)$1.82$1.78$1.19$1.62-$1.84$0.02$2.25$4.81-$6.40$5.07

Cash flow

WABASH NATIONAL Corp (WNC) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$179M$144M$112M$146M$124M-$7.47M$124M$320M$117M$11.7M
Capital expenditures$20.3M$26.1M$34.0M$37.6M$20.1M$49.1M$57.1M$98.1M$72.2M$24.7M
Free cash flow$158M$118M$78.5M$109M$104M-$56.6M$67.0M$222M$45.1M-$13.0M
Dividends paid$0.00$15.3M$17.8M$17.8M$17.3M$16.4M$16.0M$15.9M$14.8M$13.8M

Balance sheet

WABASH NATIONAL Corp (WNC) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$163M$192M$133M$141M$218M$71.8M$58.2M$179M$115M$31.9M
Total assets$899M$1.35B$1.30B$1.30B$1.16B$1.11B$1.20B$1.36B$1.41B$1.17B
Total liabilities—$845M$831M$784M$757M$782M$805M$813M$1.22B$803M
Long-term debt$233M$504M$503M$455M$448M$428M$396M$396M$397M$443M
Shareholders' equity$472M$506M$474M$521M$405M$326M$398M$549M$189M$367M
Retained earnings$3.59M$98.7M$150M$222M$107M$92.1M$188M$404M$106M$304M
Shares (wtd avg diluted)65.8M62.6M58.4M55.3M52.9M51.6M49.9M48.0M44.4M41.7M

Every figure is extracted from WABASH NATIONAL Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is WABASH NATIONAL Corp's annual revenue?
WABASH NATIONAL Corp (WNC) reported $1.54B of revenue for fiscal year 2025 — down 20.8% from $1.95B in FY2024, per its annual report filed with the SEC.
Is WABASH NATIONAL Corp profitable?
Yes — WNC earned $211M of net income in FY2025, a 13.7% net margin, per SEC filings.
What is WABASH NATIONAL Corp's free cash flow?
-$13.0M in FY2025 (operating cash flow $11.7M minus $24.7M of capital expenditures), from the SEC cash-flow statement.
Does WNC pay a dividend?
Yes — WABASH NATIONAL Corp paid $13.8M in cash dividends during FY2025, per its SEC cash-flow statement.
Full WNC analysis — verdict, score & filings →Is WNC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.