Rush Enterprises Q1 net income falls to $60.3 million; revenue down 1.1%
Rush Enterprises reported first-quarter 2025 revenue of $1.85 billion, down 1.1% from $1.87 billion a year earlier, and net income of $60.3 million, or $0.73 per diluted share, versus $71.6 million, or $0.88 per diluted share, in the first quarter of 2024. The company also declared a quarterly cash dividend of $0.18 per share, and management cited weak new Class 8 truck demand tied to tariff and emissions uncertainty.
Key points
- Revenue of $1.85 billion, down 1.1% from $1.87 billion in Q1 2024
- Net income of $60.3 million, or $0.73 per diluted share, versus $71.6 million, or $0.88, a year earlier
- Quarterly dividend of $0.18 per share, payable June 12, 2025, to holders of record as of May 12, 2025
- Aftermarket revenue fell to $619.1 million from $649.2 million; absorption ratio was 128.6% versus 130.1%
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.