Jun 2026 (Q2 FY26) — Jul 29, 2026
Rush Enterprises Q2 FY26 — Strong Aftermarket and Strategic Acquisitions Drive Resilience
Read the full callRush Enterprises (RUSHA) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Rush Enterprises earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,900 | −1.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 5.1 | −0.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 72.8 | +0.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
5 of 10 judged targets kept · 6 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Annual dividend growth rate | 5% to 10% annual dividend increase (standing capital-return commitment) | Jun 2024 | a post-stock split quarterly cash dividend of $0.14 per share, representing a 10.5% increase compared to our prior quarterly dividend | Achieved |
| Class 8 (heavy-duty) truck sales growth, Q2 FY26 | heavy-duty Class 8 sales up about 15% in Q2 [FY26] | Mar 2026 | we sold 3,172 Class 8 trucks in the United States, essentially flat with the second quarter of last year, while the overall market declined. | Missed |
| Class 8 truck sales growth, FY26 | a better year on the Class 8 side, up over last year [2025] | Mar 2026 | we believe the second half of 2026 will be considerably stronger than the first half with respect to Class 8 truck sales. | At Risk |
5 of RUSH ENTERPRISES INC \TX\'s 16 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 13 more targets are in the full ledger.
Claimed
- Aftermarket operations accounted for 64% of total gross profit, with revenues of $645.7 million, up 1.5% YoY.
- U.S. Class 8 market share increased to 5.8% despite overall market decline, selling 3,172 trucks, flat YoY.
- Declared a 3-for-2 stock split and increased post-split quarterly cash dividend by 10.5% to $0.14 per share.
- Completed acquisition of 5 Peterbilt dealerships in Louisiana and 5 commercial dealerships in Ontario, Canada.
- Entered into a 50% owned joint venture with MCT Companies to establish presence in refrigerated transportation market.
Qualified
- New Class 4-7 commercial vehicle sales decreased 12.7% YoY to 3,165 units due to delayed purchasing decisions by large fleet customers.
- Aftermarket recovery is trailing improvements in commercial vehicle quoting and new truck orders, with margin compression due to market competitiveness.
- Financing remains challenging for some used commercial vehicle customers.
Price
$45.06 −0.66% · −$0.3
Performance −11.5% 1Y
1Y: $50.91 on 17 Oct 2025 → $45.06. High $82.76 (4 Aug 2026), low $43.78 (14 Oct 2026).
- Previous close
- $45.36
- 52-week range
- $43.78 – $82.76
- One year
- −11.75%
Overview
- Symbol
- RUSHA
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
5 of 10 judged targets kept · 6 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Annual dividend growth rate | 5% to 10% annual dividend increase (standing capital-return commitment) | Jun 2024 | a post-stock split quarterly cash dividend of $0.14 per share, representing a 10.5% increase compared to our prior quarterly dividend | Achieved |
| Class 8 (heavy-duty) truck sales growth, Q2 FY26 | heavy-duty Class 8 sales up about 15% in Q2 [FY26] | Mar 2026 | we sold 3,172 Class 8 trucks in the United States, essentially flat with the second quarter of last year, while the overall market declined. | Missed |
| Class 8 truck sales growth, FY26 | a better year on the Class 8 side, up over last year [2025] | Mar 2026 | we believe the second half of 2026 will be considerably stronger than the first half with respect to Class 8 truck sales. | At Risk |
Claimed
- Aftermarket operations accounted for 64% of total gross profit, with revenues of $645.7 million, up 1.5% YoY.
- U.S. Class 8 market share increased to 5.8% despite overall market decline, selling 3,172 trucks, flat YoY.
- Declared a 3-for-2 stock split and increased post-split quarterly cash dividend by 10.5% to $0.14 per share.
- Completed acquisition of 5 Peterbilt dealerships in Louisiana and 5 commercial dealerships in Ontario, Canada.
- Entered into a 50% owned joint venture with MCT Companies to establish presence in refrigerated transportation market.
Qualified
- New Class 4-7 commercial vehicle sales decreased 12.7% YoY to 3,165 units due to delayed purchasing decisions by large fleet customers.
- Aftermarket recovery is trailing improvements in commercial vehicle quoting and new truck orders, with margin compression due to market competitiveness.
- Financing remains challenging for some used commercial vehicle customers.
The full ledger
Open RUSH ENTERPRISES INC \TX\’s full ledger
A free account opens 5 company ledgers a month. All 16 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 29, 2026
Rush Enterprises Q1 FY26 — Trough of Cycle with Emerging Optimism
Read the full callEvery analysed call
Rush Enterprises earnings calls (RUSHA)
Financials
What the filings say
Net profit, year on year: 0% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,896 | 2,010 | 1,851 | 1,931 | 1,881 | 1,772 | 1,684 | 1,900 |
| Operating profit | 121 | 112 | 92 | 110 | 100 | 92 | 82 | 97 |
| Operating margin | 6.4% | 5.6% | 5.0% | 5.7% | 5.3% | 5.2% | 4.9% | 5.1% |
| Other income | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -1 |
| Interest | 18 | 17 | 13 | 13 | 12 | 11 | 6 | 4 |
| Profit before tax | 103 | 97 | 79 | 97 | 88 | 82 | 75 | 92 |
| Tax rate | 23.1% | 22.1% | 22.9% | 24.8% | 22.9% | 21.4% | 18.2% | 20.9% |
| Net profit | 79 | 75 | 60 | 72 | 67 | 64 | 61 | 73 |
| EPS ($ per share) | 1 | — | 0.76 | 0.93 | 0.85 | — | 0.79 | 0.93 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 942 | 1,066 | 832 | 1,032 | 1,378 | 1,450 | 1,699 | 1,904 |
| Total liabilities | 2,134 | 2,248 | 1,717 | 1,653 | 2,058 | 2,474 | 2,456 | 2,205 |
| Fixed assets | 1,184 | 1,280 | 1,204 | 1,278 | 1,369 | 1,488 | 1,616 | 1,695 |
| Total assets | 3,201 | 3,407 | 2,985 | 3,120 | 3,821 | 4,364 | 4,618 | 4,431 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 215 | 421 | 763 | 422 | 294 | 296 | 620 | 862 |
| Cash from investing | -227 | -320 | -127 | -433 | -241 | -387 | -446 | -417 |
| Cash from financing | 19 | -51 | -505 | -153 | -1 | 74 | -129 | -460 |
| Net cash flow | 7 | 50 | 130 | -164 | — | — | — | — |
| Capital expenditure | -238 | -293 | -136 | -167 | -243 | -369 | -433 | -400 |
| Free cash flow | -23 | 128 | 627 | 255 | 51 | -73 | 187 | 462 |
RUSHA revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Truck | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | -1.6% |
| All Other Segments | <1% | <1% | <1% | <1% | <1% | <1% | <1% | <1% | +0.8% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
RUSHA operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Class 8 trucks sold US | 2,964We sold 2,964 Class 8 trucks in the US and captured a 7.2% market share.Source: earnings call transcript | 3,172But despite that environment, we sold 3,172 Class 8 trucks in the United States, essentially flat with the second quarter of last year, while the overall market declined.Source: earnings call transcript | +7% |
| Class 8 market share US | 7.2%We sold 2,964 Class 8 trucks in the US and captured a 7.2% market share.Source: earnings call transcript | 5.8%That performance increased our US Class 8 market share to 5.8%, reflecting the strength of our customer relationships, our diversified customer base and our disciplined inventory management.Source: earnings call transcript | -1.4 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
55 filings between Feb 19, 2026 and Aug 12, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$12.02M
12 sales by 6 insiders
Compensation
not trading decisions- 13
- Award — granted as compensation
- 11
- Option exercise — converted options into shares
- 18
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| RUSH WILLIAM M RUSTY | — | $6.38M | Aug 3, 2026 |
| Keller Steven L | — | $1.82M | Jul 31, 2026 |
| McRoberts Michael | — | $1.67M | Aug 3, 2026 |
| Pollard Jody | — | $809.1K | Feb 19, 2026 |
| Goldstone Michael L | — | $688.6K | Aug 3, 2026 |
| Chess Raymond Joseph | — | $650.5K | Mar 10, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 12, 2026 | Mendoza Elaine Director | Gift | 750 | $0 |
| Aug 3, 2026 | McRoberts Michael Director | Option exercise | 6,500 | $97.9K |
| Aug 3, 2026 | McRoberts Michael Director | Sale | 6,500 | $529.3K |
| Aug 3, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Option exercise | 71,574 | $1.08M |
| Aug 3, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Option exercise | 2,100 | $31.6K |
| Aug 3, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Sale | 2,100 | $170.7K |
| Aug 3, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Sale | 71,574 | $5.80M |
| Jul 31, 2026 | Keller Steven L CFO & Treasurer | Sale | 20,678 | $1.67M |
| Jul 31, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Sale | 7,176 | $579.5K |
| Jul 31, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Option exercise | 7,176 | $108.1K |
| Jul 31, 2026 | Keller Steven L CFO & Treasurer | Option exercise | 20,678 | $311.4K |
| Jul 30, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Option exercise | 2,400 | $36.1K |
| Jul 30, 2026 | Keller Steven L CFO & Treasurer | Sale | 1,822 | $147.8K |
| Jul 30, 2026 | Keller Steven L CFO & Treasurer | Option exercise | 1,822 | $27.4K |
| Jul 30, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Sale | 2,400 | $194.5K |
| May 19, 2026 | Akin Thomas A Director | Award | 2,113 | $0 |
| May 19, 2026 | Chess Raymond Joseph Director | Award | 1,585 | $0 |
| May 19, 2026 | Boerger Amy Director | Award | 1,268 | $0 |
| May 19, 2026 | CLARKE TROY A Director | Award | 2,113 | $0 |
| May 19, 2026 | CARY WILLIAM H Director | Award | 1,268 | $0 |
| May 19, 2026 | Mendoza Elaine Director | Award | 1,268 | $0 |
| May 19, 2026 | Guglielmo Kennon Director | Award | 2,113 | $0 |
| Apr 30, 2026 | McRoberts Michael Director | Sale | 8,000 | $577.9K |
| Apr 30, 2026 | McRoberts Michael Director | Option exercise | 8,000 | $120.5K |
| Mar 15, 2026 | Wilder Jason Chief Operating Officer | Tax withheld | 3,719 | $222.0K |
| Mar 15, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Tax withheld | 971 | $58.0K |
| Mar 15, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Tax withheld | 1,079 | $64.4K |
| Mar 15, 2026 | Pollard Jody Senior Vice President | Tax withheld | 3,424 | $204.4K |
| Mar 15, 2026 | McRoberts Michael Director | Tax withheld | 7,508 | $448.2K |
| Mar 15, 2026 | Wilder Jason Chief Operating Officer | Tax withheld | 2,479 | $148.0K |
| Mar 15, 2026 | Pollard Jody Senior Vice President | Tax withheld | 2,283 | $136.3K |
| Mar 15, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Tax withheld | 9,182 | $548.1K |
| Mar 15, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Tax withheld | 13,773 | $822.1K |
| Mar 15, 2026 | Keller Steven L CFO & Treasurer | Tax withheld | 3,280 | $195.8K |
| Mar 15, 2026 | Keller Steven L CFO & Treasurer | Tax withheld | 4,329 | $258.4K |
| Mar 15, 2026 | McRoberts Michael Director | Tax withheld | 7,643 | $456.2K |
| Mar 14, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Tax withheld | 1,294 | $77.2K |
| Mar 14, 2026 | Pollard Jody Senior Vice President | Tax withheld | 2,283 | $136.3K |
| Mar 14, 2026 | McRoberts Michael Director | Tax withheld | 4,895 | $292.2K |
| Mar 14, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Tax withheld | 9,182 | $548.1K |
| Mar 14, 2026 | Keller Steven L CFO & Treasurer | Tax withheld | 3,281 | $195.8K |
| Mar 14, 2026 | Wilder Jason Chief Operating Officer | Tax withheld | 3,024 | $180.5K |
| Mar 13, 2026 | Wilder Jason Chief Operating Officer | Award | 22,000 | $0 |
| Mar 13, 2026 | Goldstone Michael L SVP, GC and Corp. Sec. | Award | 13,000 | $0 |
| Mar 13, 2026 | Pollard Jody Senior Vice President | Award | 17,400 | $0 |
| Mar 13, 2026 | McRoberts Michael Director | Award | 4,188 | $0 |
| Mar 13, 2026 | RUSH WILLIAM M RUSTY CEO, President and COB | Award | 50,000 | $0 |
| Mar 13, 2026 | Keller Steven L CFO & Treasurer | Award | 25,000 | $0 |
| Mar 10, 2026 | Chess Raymond Joseph Director | Sale | 10,000 | $650.5K |
| Feb 19, 2026 | Pollard Jody Senior Vice President | Option exercise | 11,250 | $169.4K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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