Wabash National (WNC) Gross Margin (2010 - 2026)

Wabash National (WNC) reported Gross Margin of 3.49% for Q1 2026, down 848.0% on a YoY basis from 0.47% in Q1 2025, and down 80.82% quarter-over-quarter from 1.93% in Q4 2025.

Wabash National (WNC) Gross Margin (2010 - 2026) Analysis & Trends

Wabash National has reported Gross Margin for 17 years, with the latest figure at 3.49% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 848.0% year-over-year to 3.49%; the trailing twelve-month figure through Mar 2026 stood at 2.75% (down 870.0% YoY), and the FY2025 full-year result was 4.53%, down 908.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 3.49%, down from 1.93% in the prior quarter.
  • The five-year high for Gross Margin was 22.0% in Q2 2023, with the low at 3.49% in Q1 2026.
  • Historically, Gross Margin has averaged 11.51% across 5 years, with a median of 12.14% in 2022.
  • Annual changes were most pronounced in 2023 — Gross Margin soared 986 bps — and 2025, when it sank 1224 bps.
  • Wabash National's Gross Margin stood at 14.39% in 2022, then climbed by 26 bps to 18.16% in 2023, then tumbled by 43 bps to 10.31% in 2024, then slumped by 119 bps to 1.93% in 2025, then plunged by 81 bps to 3.49% in 2026.
  • The last three Gross Margin figures came in at 3.49% (Q1 2026), 1.93% (Q4 2025), and 4.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caterpillar 397.22 Bn 393.14 Bn 6.11 Bn 35.08%
2 Deere 151.61 Bn 143.71 Bn 13.06 Bn 97.71%
3 Paccar 60.18 Bn 59.49 Bn 1.36 Bn 20.07%
4 Oshkosh 8.00 Bn 7.75 Bn 311.90 Mn 13.46%
5 Terex 5.74 Bn 5.35 Bn 206.00 Mn 11.88%
6 Blue Bird 2.18 Bn 1.91 Bn 70.65 Mn 20.03%
7 Alamo 1.82 Bn 1.62 Bn 104.81 Mn 25.12%
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 27.38%
9 Astec Industries 1.14 Bn 1.06 Bn 99.10 Mn 25.01%
10 Wabash National 337.73 Mn 295.42 Mn -10.58 Mn -3.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.49%
Dec 31, 2025 -1.93%
Sep 30, 2025 4.12%
Jun 30, 2025 9.02%
Mar 31, 2025 4.99%
Dec 31, 2024 10.31%
Sep 30, 2024 12.07%
Jun 30, 2024 16.28%
Mar 31, 2024 14.84%
Dec 31, 2023 18.16%
Sep 30, 2023 19.42%
Jun 30, 2023 22.00%
Mar 31, 2023 18.69%
Dec 31, 2022 14.39%
Sep 30, 2022 14.04%
Jun 30, 2022 12.14%
Mar 31, 2022 10.62%
Dec 31, 2021 8.90%
Sep 30, 2021 10.58%
Jun 30, 2021 12.37%