v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Revenue $ 1,804,832 $ 1,837,583 $ 3,396,740 $ 3,598,160
Lease and rental sales 94,847 93,124 187,124 183,377
Total revenue 1,899,679 1,930,707 3,583,864 3,781,537
Cost of products sold        
Lease and rental sales 67,798 66,381 134,489 131,175
Total cost of products sold 1,538,010 1,551,036 2,878,395 3,044,106
Gross profit 361,669 379,671 705,469 737,431
Selling, general and administrative expense 245,474 251,981 488,104 500,784
Depreciation and amortization 19,068 17,611 37,786 34,867
Gain (loss) on sale of assets 59 127 (186) 295
Operating income 97,186 110,206 179,393 202,075
Other income (loss), net (526) (372) (990) (812)
Interest expense 4,383 12,726 10,737 25,589
Income before taxes 92,277 97,108 167,666 175,674
Income tax provision 19,257 24,119 32,966 42,068
Net income 73,020 72,989 134,700 133,606
Less: Net income attributable to noncontrolling interest 259 551 486 846
Net income attributable to Rush Enterprises, Inc. $ 72,761 $ 72,438 $ 134,214 $ 132,760
Net income attributable to Rush Enterprises, Inc. per share of common stock:        
Basic (in dollars per share) $ 0.93 $ 0.93 $ 1.73 $ 1.68
Diluted (in dollars per share) $ 0.91 $ 0.9 $ 1.68 $ 1.63
Basic (in shares) 77,963 78,300 77,645 78,991
Diluted (in shares) 80,215 80,487 80,045 81,445
Dividends declared per common share (in dollars per share) $ 0.19 $ 0.18 $ 0.38 $ 0.36
New and Used Commercial Vehicle [Member]        
Revenues        
Revenue $ 1,148,992 $ 1,191,504 $ 2,104,135 $ 2,322,274
Cost of products sold        
Costs of products sold 1,056,096 1,087,644 1,930,000 2,118,177
Parts and Service [Member]        
Revenues        
Revenue 645,659 636,258 1,272,853 1,255,326
Cost of products sold        
Costs of products sold 414,116 397,011 813,906 794,754
Finance and Insurance [Member]        
Revenues        
Revenue 6,364 5,552 11,975 10,764
Product and Service, Other [Member]        
Revenues        
Revenue $ 3,817 $ 4,269 $ 7,777 $ 9,796