Wabash National Corporation (WNC) Earnings Call Transcripts
Wabash National Corporation's Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Wabash National Corporation reported revenue of $303 million, slightly below the low end of prior guidance, and an adjusted EPS of negative $1.17. Management indicated that Q1 represented the low point for the year, with expectations for sequential improvement in revenue and margins as market conditions stabilize. Guidance for Q2 2026 was provided, anticipating revenue between $380 million and $400 million and adjusted EPS in the range of negative $0.40 to negative $0.60, signaling a cautious but optimistic outlook for recovery in the second half of the fiscal year.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $303 million (miss) |
| Adjusted EPS | negative $1.17 (miss) |
| Backlog | $837 million (positive) |
| Operating Margin | negative 18.3% (miss) |
| Adjusted EBITDA | negative $38 million (miss) |
| Operating Cash Flow | negative $33.7 million (miss) |
Guidance from management
For Q2 2026, Wabash expects revenue between $380 million and $400 million and adjusted EPS in the range of negative $0.40 to negative $0.60, maintaining that Q1 was the low point for the year.
What management said
Thank you, and good afternoon, everyone. We appreciate you joining us on this call. With me today are Matthew Lanigan, President and Chief Executive Officer; and Pat Keslin, Chief Financial Officer. Before we get started, please note that this call is being recorded. I'd also like to point out that our earnings release, the slide presentation supplementing today's call and any non-GAAP reconciliations are available...
What analysts pressed on
Analysts expressed concerns regarding the truck body business, particularly its delayed entry into the down cycle, and the need for improved discretionary spending to boost demand. There were also questions about the company's ability to ramp up production effectively in response to improving market conditions.
Main topics on the call
- Revenue Decline — Wabash reported consolidated revenue of $303 million, which was below the low end of guidance. CFO Patrick Keslin noted, "the truck body business entered the down cycle later than traditional trailers," indicating ongoin...
- Backlog Growth — The company experienced a significant 19% increase in backlog to $837 million, reflecting improved customer engagement. Management stated, "customer conversations are becoming more optimistic," suggesting a potential rec...
- Operational Efficiency — Despite lower production volumes, key operational metrics improved, including on-time delivery and safety performance. Brent Yeagy emphasized the importance of maintaining operational discipline, stating, "we are focused...
- Guidance for Q2 2026 — Management provided guidance for Q2, expecting revenue between $380 million and $400 million and adjusted EPS of negative $0.40 to negative $0.60. This represents a sequential improvement from Q1, as management believes ...
Read the full Wabash National Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Wabash National Corporation
Wabash National Corporation (WNC) is a publicly listed company in the Machinery industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 29 calls on record spanning February 12, 2020 to July 29, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 29 Wabash National Corporation earnings call transcripts on record, spanning February 12, 2020 to July 29, 2026. Based on this history, Wabash National Corporation reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- WNC
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Machinery
- Calls on record
- 29
- First call
- February 12, 2020
- Most recent
- July 29, 2026
- Reporting cadence
- quarterly