Wabash National stock faces Q4 losses after Q3 operating loss

Wabash National reported a third-quarter operating loss on October 29, while revenue rose sharply year over year. The company expects another adjusted loss in the fourth quarter as it brings capacity investments forward to meet customer demand.

According to the Wabash National earnings release, third-quarter net sales reached 476.4 million US dollars, up 24.8 percent from the same period a year earlier. GAAP operating loss was 20.0 million US dollars. On an adjusted basis, the operating loss was 27.0 million US dollars after excluding a 7.5 million US dollar gain on the sale of a manufacturing facility and 0.5 million US dollars of facility idling costs.

Demand supports production ramp

Wabash said its backlog stood at 1.198 billion US dollars on September 30, an increase of 242 million US dollars from the prior quarter. The company linked the stronger order activity to higher dry van output and said capacity additions originally planned for the first and second quarters of 2027 were pulled forward into the third quarter.

Transportation Solutions generated 407.9 million US dollars in third-quarter sales, while Parts & Services contributed 69.4 million US dollars. Wabash shipped 9,563 new trailers during the quarter, compared with 6,675 a year earlier.

Fourth-quarter losses remain in view

For the fourth quarter, Wabash guided to revenue of 420 million to 450 million US dollars and adjusted diluted earnings per share of negative 0.75 US dollars to negative 0.55 US dollars. The outlook reflects seasonally lower revenue and continued operational readiness spending.

Wabash National stock traded at 9.80 euros on Lang & Schwarz at 13:02 CET on Saturday, November 7, 2026.

Investors can follow the real-time quote of Wabash National stock.

US equities trade against the broader backdrop of the S&P 500.

Investors can find more news and analyses on Wabash National stock.