Wabash National Corporation (WNC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -33.65M | -57.43M | 85.21M | -15.83M | -272K | 80.88M | 42.78M | 11.02M | -17.41M | 114.89M | 58.27M | 76.85M | 69.48M | 51.93M | -10.52M | 117.24M | -34.57M | 66.76M | -61.14M | 9.32M |
| Operating CF Margin % | -11.1% | -17.87% | 22.33% | -3.45% | -0.07% | 19.41% | 9.22% | 2% | -3.38% | 19.27% | 9.21% | 11.19% | 11.19% | 7.9% | -1.61% | 18.24% | -6.32% | 13.93% | -12.67% | 2.07% |
| Operating CF Growth % | -12272.06% | -171.01% | 99.19% | -243.66% | 98.44% | -29.6% | -26.59% | -85.66% | -125.06% | 121.25% | 653.97% | -34.45% | 301.01% | -22.22% | 82.8% | 1158.22% | -54.29% | 291.89% | -172.41% | -71.51% |
| Net Income | -45.23M | -49.88M | 40.04M | -9.6M | 231.2M | -693K | -330.17M | 28.96M | 18.17M | 50.38M | 55.48M | 74.33M | 51.4M | 41.6M | 36.36M | 22.74M | 12.07M | -25.31M | 11.01M | 12.25M |
| Depreciation & Amortization | 15.03M | 15.02M | 14.61M | 14.07M | 15.03M | 16.59M | 13.94M | 13.72M | 12.74M | 12.63M | 12.52M | 10.47M | 9.7M | 9.7M | 11.94M | 12.06M | 13.26M | 12.02M | 12.34M | 12.25M |
| Stock-Based Compensation | 3.17M | 0 | 3.27M | 2.37M | 3.25M | 1.39M | 3.3M | 3.37M | 3.25M | 2.99M | 3.13M | 0 | 2.77M | 2.38M | 2.72M | 2.37M | 2.28M | 1.17M | 1.67M | 2.18M |
| Deferred Taxes | -12.89M | -4.32M | 3.39M | 288K | 86.46M | 3.38M | -111.3M | -189K | -3.57M | -23.38M | 3.27M | 6.61M | 39K | -7.44M | -39K | -89K | -50K | -6.39M | 43K | -2.46M |
| Other Non-Cash Items | 6.28M | 17.18M | 2.2M | 2.42M | 2.12M | 1.29M | 4.47M | 1.9M | 1.84M | 1.25M | -1.69M | 3.3M | -198K | 571K | 2.63M | -2.13M | -692K | 37.45M | 5.39M | 288K |
| Working Capital Changes | 0 | -35.44M | 21.69M | -25.38M | -338.33M | 58.92M | 462.53M | -36.74M | -49.83M | 71.03M | -14.44M | -17.86M | 5.79M | 5.11M | -64.12M | 82.29M | -61.44M | 47.82M | -91.6M | -15.19M |
| Change in Receivables | -38.72M | 27.31M | 42.55M | -18.04M | -27.75M | 94.71M | 4.59M | 4.43M | -64.69M | 28.19M | 20.57M | 24.85M | -1.02M | -7.49M | -16.46M | 58.41M | -113.52M | 37.3M | -92.42M | 7.3M |
| Change in Inventory | -17.14M | 38.35M | 32.95M | 26.19M | -19.82M | 1.77M | 12.33M | 5.63M | -10.92M | 76.66M | -1.82M | -26.83M | -71.77M | 65.83M | -4.36M | -18.6M | -49.11M | 22.01M | -7.08M | -26.31M |
| Change in Payables | 64.2M | -135.21M | 88.14M | -33.15M | 73.23M | -44.7M | 1.3M | -47.49M | 22.2M | -33.5M | 0 | -11.94M | 0 | 46.09M | 0 | 44.59M | 0 | 54.86M | 0 | 0 |
| Cash from Investing | -4.32M | -18.41M | -26.49M | -13.97M | -33.82M | -35.15M | -16.25M | -24.2M | -19.18M | -16.89M | -29.97M | -27.64M | -31.42M | -14.45M | -19.93M | -12.42M | -8.5M | -28.85M | -8.14M | 13.88M |
| Capital Expenditures | 0 | -4.5M | -5.28M | -6.97M | -28.84M | -21.34M | -15.99M | -17.1M | -19.18M | -9.06M | -29.25M | -27.64M | -31.42M | -14.78M | -19.93M | -12.42M | -9.95M | -28.91M | -9.13M | -6.9M |
| CapEx % of Revenue | - | 1.4% | 1.38% | 1.52% | 7.57% | 5.12% | 3.45% | 3.11% | 3.72% | 1.52% | 4.62% | 4.03% | 5.06% | 2.25% | 3.04% | 1.93% | 1.82% | 6.03% | 1.89% | 1.53% |
| Acquisitions | -2.87M | 0 | -12.35M | 0 | -1.67M | -9.9M | 2.84M | 0 | 0 | 154K | 0 | 0 | 0 | 1.78M | 0 | 0 | 0 | 62K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.45M | -7.36M | -6.86M | 0 | 40K | -3.91M | 0 | 0 | 0 | -5.54M | -717K | 0 | 0 | -1.45M | 0 | 0 | 1.45M | 62K | 989K | 20.77M |
| Cash from Financing | 49.48M | 16.09M | -24.47M | 6.19M | -358K | -12.09M | -21.97M | -25.32M | -26.89M | -24.02M | -21.8M | -18.66M | -28.06M | -60.72M | -26.55M | -39.13M | 44.09M | -15.5M | -17.39M | -56.04M |
| Debt Issued (Net) | 0 | 20M | -15M | 20M | 20M | 0 | 0 | 0 | -5K | -7K | 0 | -14K | 0 | -48M | -11.94M | -30M | 55.91M | 9.14M | -87K | -30.09M |
| Equity Issued (Net) | 0 | -666K | -6.18M | -10.42M | -16.49M | -8.64M | -18.44M | -21.7M | -22.14M | -20.31M | -18M | -14.32M | -23.57M | -9.74M | -10.71M | -5.31M | -8.01M | -11.71M | -13.72M | -21.98M |
| Dividends Paid | -3.48M | -3.24M | -3.29M | -3.39M | -3.86M | -3.47M | -3.53M | -3.62M | -4.15M | -3.7M | -3.79M | -3.81M | -4.55M | -3.84M | -3.9M | -3.94M | -4.34M | -3.96M | -4.03M | -4.18M |
| Share Repurchases | 0 | -666K | -6.18M | -10.42M | -16.5M | -8.64M | -18.44M | -21.7M | -22.14M | -20.31M | -18M | -14.33M | -23.57M | -9.74M | -11.22M | -5.31M | -8.01M | -11.71M | -13.72M | -21.98M |
| Other Financing | 52.95M | 0 | 0 | 0 | -1K | 21K | 0 | 0 | -596K | 0 | -8K | -512K | 56K | 869K | 0 | 122K | 530K | -8.97M | 449K | 215K |
| Net Change in Cash | 11.5M | -59.75M | 34.25M | -23.61M | -34.45M | 33.64M | 4.56M | -38.5M | -63.48M | 73.98M | 6.5M | 30.55M | 10M | -23.23M | -57.01M | 65.69M | 1.02M | 22.4M | -86.67M | -32.84M |
| Free Cash Flow | -33.65M | -61.94M | 79.92M | -22.06M | -8.97M | 59.54M | 28.22M | -6.08M | -36.59M | 105.83M | 29.02M | 49.21M | 38.06M | 37.15M | -30.45M | 104.82M | -44.52M | 37.85M | -70.27M | 2.42M |
| FCF Margin % | -11.1% | -19.27% | 20.94% | -4.81% | -2.35% | 14.28% | 6.08% | -1.1% | -7.1% | 17.75% | 4.59% | 7.17% | 6.13% | 5.65% | -4.65% | 16.31% | -8.14% | 7.9% | -14.56% | 0.54% |
| FCF Growth % | -275.16% | -204.03% | 183.21% | -262.79% | 75.49% | -43.74% | -2.74% | -112.36% | -196.15% | 184.91% | 195.28% | -53.06% | 185.5% | -1.85% | 56.66% | 4231.45% | -67.55% | 256.26% | -186.07% | -91.38% |
| FCF per Share | -0.83 | -1.52 | 1.90 | -0.52 | -0.21 | 1.34 | 0.64 | -0.13 | -0.79 | 2.26 | 0.61 | 1.02 | 0.77 | 0.75 | -0.62 | 2.12 | -0.90 | 0.77 | -1.39 | 0.05 |
| FCF Conversion (FCF/Net Income) | 0.74x | 1.15x | 2.13x | 1.65x | -0.00x | -78.53x | -0.13x | 0.38x | -0.96x | 2.28x | 1.05x | 1.03x | 1.36x | 1.25x | -0.29x | 5.20x | -2.86x | -2.64x | -5.55x | 0.76x |
| Interest Paid | 0 | 0 | 787K | 0 | 0 | 9.19M | 199K | 0 | 0 | 0 | 198K | 0 | 231K | 9.45M | 502K | 0 | 273K | 0 | 1.23M | 10.07M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | -11.8M | 11.8M | 0 | 0 | 0 | 28.88M | 0 | 0 | 16.41M | 0 | 0 | 0 | 0 | 0 | 0 |