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Get filing alertsRush Enterprises declares 3-for-2 stock split and raises dividend 10.5%; Q2 earnings flat
Filed July 28, 2026 · Period ending July 28, 2026 · ~2 min read
Key Changes
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high
Board declared 3-for-2 stock split (both Class A and Class B), payable Aug 31 to shareholders of record Aug 11; will increase Class A shares from 61.1M to 91.7M and Class B from 16.7M to 25.0M.
Item 7.01 verify on EDGAR → -
medium
Board raised quarterly dividend 10.5% to $0.14/share (post-split basis), payable Sep 24 to shareholders of record Sep 9; tenth increase since initiating quarterly dividends in Jul 2018.
Item 7.01 verify on EDGAR → -
high
Q2 2026 revenues $1.900B and net income $72.8M ($0.91/diluted share), essentially flat vs Q2 2025 ($1.931B revenue, $72.4M net income, $0.90/share); aftermarket products/services generated 64.0% of gross profit.
Item 2.02 verify on EDGAR → -
high
Completed acquisitions of five Peterbilt dealerships in Louisiana and five commercial vehicle dealerships in southwestern Ontario during Q2; announced 50% joint venture with MCT Companies (17 Carrier Transicold dealerships, expected to close Q3 2026).
Item 2.02 verify on EDGAR → -
medium
Absorption ratio 130.8% in Q2 2026, down from 135.5% in Q2 2025; management noted gradual improvement in market conditions and fleet sentiment during the quarter.
Item 2.02 verify on EDGAR →
Summary
Rush Enterprises announced a 3-for-2 stock split and a 10.5% dividend increase alongside flat Q2 2026 earnings. The stock split, payable August 31 to shareholders of record August 11, will increase total shares outstanding from approximately 77.8 million to 116.7 million across both classes.
The post-split dividend of $0.14 per share (payable September 24) marks the company's tenth increase since initiating quarterly dividends in 2018, underscoring management's commitment to returning capital despite a challenging commercial vehicle market.
Q2 2026 revenues of $1.900 billion and net income of $72.8 million ($0.91 per diluted share) were essentially unchanged year-over-year, reflecting a soft commercial vehicle market that showed gradual improvement as the quarter progressed. Aftermarket products and services remained the profit engine, generating 64.0% of gross profit on $645.7 million in revenues (up 1.5% year-over-year), though the absorption ratio slipped to 130.8% from 135.5% in the prior-year quarter. The company expanded aggressively during the quarter, acquiring five Peterbilt dealerships in Louisiana and five commercial vehicle dealerships in southwestern Ontario. The announced 50% joint venture with MCT Companies, expected to close in Q3 2026, will add 17 Carrier Transicold dealerships across six states, establishing Rush's presence in the refrigerated transportation segment. The combination of capital returns, maintained profitability in a soft market, and strategic expansion positions the company for growth as commercial vehicle demand recovers.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Rush Enterprises announced Q2 2026 financial results via press release.
Added in current filing · verify on EDGAR →
On July 28, 2026, Rush Enterprises, Inc. (the “Company”) issued a press release announcing the Company’s financial results for its second quarter ended June 30, 2026
Rush Enterprises disclosed its financial results for the second quarter ended June 30, 2026. The 8-K body does not provide specific financial figures; those details are contained in the attached press release (Exhibit 99.1).
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
the Company’s Board of Directors declared a three-for-two stock split with respect to both the Company’s Class A and Class B common stock. The stock split will be effected in the form of a stock dividend payable on August 31, 2026, to stockholders of record as of August 11, 2026. Holders of the Company’s common stock will receive an additional one-half share for each share of common stock held as of the record date.
Rush Enterprises' Board declared a 3-for-2 stock split for both Class A and Class B common stock, to be distributed as a stock dividend on August 31, 2026. Shareholders of record as of August 11, 2026 will receive one additional share for every two shares held, increasing their share count by 50%.
Added in current filing · verify on EDGAR →
the Company’s Board of Directors declared a quarterly cash dividend of $0.14 per share of Class A and Class B common stock, to be paid on a post-stock split basis on September 24, 2026, to all shareholders of record as of September 9, 2026.
The Board declared a quarterly cash dividend of $0.14 per share on both classes of common stock, payable September 24, 2026 to shareholders of record as of September 9, 2026. This dividend is stated on a post-stock split basis, meaning it applies to the increased share count after the 3-for-2 split.
Event · Exhibit 99.1
Rush Enterprises reported Q2 2026 results, declared a 3-for-2 stock split and a 10.5% dividend increase, and announced acquisitions plus a joint venture.
Added in current filing · view on EDGAR →
Aftermarket products and services accounted for approximately 64.0% of the Company’s total gross profit in the second quarter of 2026, with parts, service and collision center revenues totaling $645.7 million, up 1.5% compared to the second quarter of 2025. The Company achieved a quarterly absorption ratio of 130.8% in the second quarter of 2026, compared to 135.5% in the second quarter of 2025.
Aftermarket products and services generated 64.0% of total gross profit in Q2 2026, with revenues of $645.7 million (up 1.5% year-over-year). The absorption ratio was 130.8%, down from 135.5% in Q2 2025. Management noted demand improved gradually during the quarter, particularly among over-the-road fleets, reflecting healthier freight markets and improving fleet sentiment.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 29, 2026 · How we verify