EarningsQ2 2026 Earnings Report
MX:RUSHA Q2 2026 EPS Results
Actual EPS$10.30
Consensus EPS$9.68
Beat/MissBeat by +$0.63
One Year Ago EPS$10.19
MX:RUSHA Q2 2026 Revenue Results
Actual Revenue$32.25B
Expected Revenue$32.13B
Beat/MissBeat by +$114.98M
YoY Revenue Growth-1.61%
Earnings Announcement Details
QuarterQ2 2026
Date07/28/2026
TimeAfter Close
Conference CallTuesday, July 28, 2026
MX:RUSHA Upcoming Earnings
Rush Enterprises A's next earnings date is estimated for October 27, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:RUSHA Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented more positives than negatives: the company reported solid Q2 financials (revenue $1.9B, net income $72.8M), a higher dividend and stock split, strategic acquisitions and a JV to expand into refrigerated transport, aftermarket contribution strength (64% of gross profit, $605M parts/service revenue, 130.8% absorption), stable leasing revenue (+1.9% YoY), increasing Class 8 market share (5.8%), and management optimism for a stronger second half. Headwinds include a 12.7% decline in medium-duty sales, lingering aftermarket margin pressure, supply and production constraints, regulatory/tariff uncertainties around EPA NCPs, and financing challenges for some customers. Overall, the tone was constructive and management conveyed growing confidence in a market recovery while acknowledging remaining execution and market risks.Company Guidance
Quarterly Revenue and Profitability
Generated revenues of $1.9 billion in Q2 2026 with net income of $72.8 million, or $0.91 per diluted share, demonstrating solid financial performance during the quarter.
Shareholder Returns and Capital Actions
Board declared a three-for-two stock split for Class A and B shares and a post-split quarterly cash dividend of $0.14 per share, representing a 10.5% increase versus the prior quarter, signaling commitment to returning capital while maintaining a strong balance sheet.
Aftermarket Strength and Profit Mix
Aftermarket operations accounted for approximately 64% of total gross profit. Parts, service, and collision center revenues totaled $605 million, up 1.5% year-over-year, with an absorption rate of 130.8%, indicating strong contribution from higher-margin aftermarket activities.
Class 8 Retail Sales and Market Share Gains
Sold 3,170 Class 8 trucks in the U.S. in Q2 (essentially flat year-over-year) while increasing U.S. Class 8 market share to 5.8%, reflecting effective customer relationships, disciplined inventory management, and resilience in a down market.
Leasing Business Stability
Rush Truck Leasing generated $94.8 million in revenues, up 1.9% year-over-year, providing a stable, recurring revenue stream that offsets cyclicality in new vehicle sales.
Acquisitions and Strategic Expansion
Completed acquisition of five Peterbilt dealerships in Louisiana and five commercial dealerships in southwestern Ontario; signed agreement to form a 50% JV with MCT Companies to enter the refrigerated transportation market (expected to close in Q3), expanding geographic footprint and adjacencies.
Improving Demand Momentum and Backlog
Management reported significantly stronger new truck order intake, improving quoting activity, and a materially larger backlog (described as 'three quarters of solid backlog'), and expects the second half of 2026 to be considerably stronger than the first half for Class 8 sales.
Used Truck Demand Recovering
Used commercial vehicle demand continued to improve with June as the strongest month so far; management expects used truck demand to remain healthy due to higher new truck prices and approaching emissions regulations.
MX:RUSHA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed