Cyclical Truck Demand Drives Volatile Earnings and Deleveraging
Rush Enterprises' top line remains lumpy, with quarterly revenue growth swinging from -11.8% in 2025Q4 to +12.4% in 2026Q3, which suggests its results are tracking Class 8 truck delivery timing rather than a durable demand trend.
Revenue growth has been erratic, swinging from -11.8% to +12.4% across recent quarters, while gross margin stayed between 18.3% and 19.3% and net margin compressed to 3.7%, suggesting cyclical pressure on profitability.
Analyst Consensus+58.4% target
Hold(17 analysts)
8 Buy9 Hold0 Sell
The Bull Case
Upside Catalysts
Strong aftermarket and service margins
Rush Enterprises' earnings beat was driven by higher-margin parts and service business, which helps mitigate risks from cyclical truck sales downturns.
Market leadership in commercial vehicles
As the largest commercial vehicle dealership network in North America with 150+ locations, Rush benefits from scale and geographic diversification.
Shareholder-friendly capital allocation
The company demonstrated commitment to shareholders through a $198.5M share repurchase and consistent dividend payments.
Rush Enterprises, Inc. ( RUSHA ) Q3 2026 Earnings Call October 28, 2026 10:00 AM EDT Company Participants W. Rush - Chairman of the Board, CEO & President Steven Keller - CFO & Treasurer Conference Call Participants Andrew Obin - BofA Securities, Research Division Brady Lierz - Stephens Inc., Research Division Cole Couzens - Wolfe Research, LLC Avinatan Jaroslawicz - UBS Investment Bank, Research Division Presentation Operator Good day, and thank you for standing by.
Revenues of $2.1 billion, net income of $78.0 million Earnings per diluted share of $0.65 Strong Class 8 deliveries during quarter; industry-wide order intake slowed while EPA finalizes regulations Absorption ratio 128.3% Board declares cash dividend of $0.14 per share of Class A and Class B common stock NEW BRAUNFELS, Texas, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (Nasdaq: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended September 30, 2026, the Company achieved revenues of $2.113 billion and net income of $78.0 million, or $0.65 per diluted share, compared with revenues of $1.881 billion and net income of $66.7 million, or $0.55 per diluted share, in the quarter ended September 30, 2025. Additionally, the Company's Board of Directors declared a cash dividend of $0.14 per share of Class A and Class B common stock, to be paid on December 10, 2026, to all shareholders of record as of November 11, 2026.
Hudson Technologies (NASDAQ: HDSN - Get Free Report) and Rush Enterprises (NASDAQ: RUSHA - Get Free Report) are both industrials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk. Volatility and Risk Hudson Technologies has a beta
NEW BRAUNFELS, Texas, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the third quarter 2026 on Wednesday, October 28, 2026 at 10:00 a.m. Eastern/9:00 a.m.
Rush Enterprises, Inc. (RUSHA) reported $7.43B in revenue in fiscal year 2025, which is also its trailing twelve months. That is 2063% more than the $343.7M of fiscal year 1996.
How fast is Rush Enterprises, Inc. growing?
Rush Enterprises, Inc. (RUSHA) revenue fell by 2.6% over the trailing twelve months, compared with the twelve months before.
Is RUSHA profitable?
Yes. Rush Enterprises, Inc. (RUSHA) earned $276.6M in net income over the trailing twelve months (a 3.7% net margin).
Dividend & Returns
Does RUSHA pay dividends?
Yes. Rush Enterprises, Inc. (RUSHA) pays a dividend that yields 1.63% at the current price, a moderate yield.
What is RUSHA's return on equity?
Rush Enterprises, Inc. (RUSHA) had a return on equity (ROE) of 11.9% over the trailing twelve months. That is in line with the market's typical 10-15%.
What is Rush Enterprises, Inc.'s free cash flow?
Rush Enterprises, Inc. (RUSHA) generated $39.8M in free cash flow over the trailing twelve months.
