Rush Enterprises Q1 revenue falls 9.2% to $1.68 billion; diluted EPS rises to $0.77
Rush Enterprises reported first-quarter 2026 revenue of $1.68 billion, down 9.2% from $1.85 billion a year earlier, while net income attributable to the company rose to $61.5 million, or $0.77 per diluted share, from $60.3 million, or $0.73. The board also declared a quarterly cash dividend of $0.19 per share, which matters to shareholders as a cash return, and management said it expects commercial vehicle sales to improve gradually beginning in the second quarter.
Key points
- Q1 2026 revenue was $1.68 billion versus $1.85 billion in Q1 2025; net income attributable to the company was $61.5 million versus $60.3 million
- Diluted EPS was $0.77 versus $0.73 a year earlier; the absorption ratio was 126.9% versus 128.6%
- Quarterly dividend of $0.19 per share on Class A and Class B common stock, payable June 10, 2026, to holders of record as of May 12, 2026
- Company signed an asset purchase agreement in Q1 to acquire Peterbilt dealerships in Louisiana and Mississippi, with completion expected in the next few months
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 28, 2026.
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.