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WNC logoWabash National Corporation (WNC) Earnings History

Annual and quarterly earnings data from 1990 to 2025

TTM Net Income
-$65M
Net Loss
TTM EPS
$-1.59
Diluted
YoY EPS Growth
+179.2%
Excellent
Net Margin
13.7%
Profitability
Operating Margin20.8%
Gross Margin3.8%
ROE75.7%
ROA16.4%
Highest Annual Net Income$231M (2023)
Highest Quarterly EPS$5.36 (Q1 2025)
Consecutive Profitable Years1 years
Q1 2026
Net Income-$45M
EPS$-1.11
QoQ Growth+9.4%Solid

Loading earnings history...

WNC EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
+31.1%
Excellent
5-Year
N/A
N/M
10-Year
+13.0%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

WNC Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
20253.8%20.8%13.7%
202413.6%-18.3%-14.6%
202319.6%12.3%9.1%
202212.9%6.7%4.5%
202110.9%1.9%0.1%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Wabash National Corporation (WNC) Earnings Overview

As of May 8, 2026, Wabash National Corporation (WNC) reported trailing twelve-month net income of -$65M, reflecting +179.2% year-over-year growth. The company earned $-1.59 per diluted share over the past four quarters, with a net profit margin of 13.7%.

Looking at the long-term picture, WNC's historical earnings data spans multiple years. The company achieved its highest annual net income of $231M in fiscal 2023.

Wabash National Corporation is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including WLFC ($121M net income, 16.8% margin), GNSS (-$15M net income, -44.4% margin), THR ($59M net income, 10.7% margin), WNC has room to improve margins relative to the peer group. Compare WNC vs WLFC →

WNC Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
WNC logoWNCCurrent
-$65M$-1.5913.7%75.7%+179.2%—
WLFC logoWLFC
$121M$16.6216.8%17.8%+0.3%
GNSS logoGNSS
-$15M$-0.33-44.4%-183.6%+44.4%
THR logoTHR
$59M$1.7810.7%11.0%+4.0%
ELME logoELME
-$154M$-1.75--23.3%-1066.7%
HYLN logoHYLN
-$57M$-0.32-1645.7%-26.2%-10.0%
Best in group
Lowest in group

WNC Historical Earnings Data (1990–2025)

36 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$211M+174.4%$321M$5.0713.7%20.8%
2024-$284M-222.8%-$356M$-6.40-14.6%-18.3%
2023$231M+106.0%$312M$4.819.1%12.3%
2022$112M+9544.2%$167M$2.254.5%6.7%
2021$1M+101.2%$34M$0.020.1%1.9%
2020-$97M-208.7%-$86M$-1.84-6.6%-5.8%
2019$90M+29.0%$143M$1.623.9%6.2%
2018$69M-37.7%$111M$1.193.1%4.9%
2017$111M-6.7%$131M$1.786.3%7.4%
2016$119M+14.5%$203M$1.826.5%11.0%

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Is WNC Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare WNC vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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WNC — Frequently Asked Questions

Quick answers to the most common questions about buying WNC stock.

Is WNC growing earnings?

WNC EPS is $-1.59, with earnings growth accelerating to +179.2%. This exceeds the 5-year CAGR of N/A. TTM net income reached $-65M.

What are WNC's profit margins?

Wabash National Corporation net margin is +13.7%, with operating margin at +20.8%. Margins sit within typical range for the sector.

How consistent are WNC's earnings?

WNC earnings data spans 1990-2025. The accelerating earnings trend is +179.2% YoY. Historical data enables comparison across business cycles.

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WNC Earnings Over Time (2014–2025)

Net income and EPS trends