Rush Enterprises Q3 revenue up 12.4% to $2.11B, net income $78.0M, but gross margin slips to 18.3%

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Nov 7, 2025 · ~1 min read

Key Changes

• high

  Revenue rose 12.4% to $2.11B on strong Class 8 truck demand, but gross margin fell to 18.3% from 19.9% as sales shifted to lower-margin fleet customers.

  MD&A: Gross margin verify on EDGAR →
• high

  Net income increased 17.0% to $78.0M, with diluted EPS of $0.65, up 18.2%.

  Key Financials view on EDGAR →
• high

  Backlog more than doubled to $1,490.1M from $647.6M a year ago, signaling strong future demand.

  MD&A: Backlog verify on EDGAR →