Rush Enterprises, Inc. (RUSHB) Income Statement
RUSHB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRUSHB revenue and net income
Where RUSHB's revenue goes
2025Each bar shows an amount and its share of revenue. RUSHB kept 3.5% of revenue as net income.
RUSHB profit margins
RUSHB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.7% | +1.5% | +9.4% | +4.1% |
| Gross profit | −9.3% | −2.2% | +9.7% | +5.9% |
| Operating income | −16.0% | −8.1% | +20.5% | +12.5% |
| Net income | −13.3% | −12.3% | +18.1% | +14.9% |
| EPS (diluted) | −12.3% | −9.8% | +15.4% | +7.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RUSHB quarterly EPS vs estimates
Rush Enterprises beat the analyst EPS estimate in 4 of the last 7 quarters. Next report: October 27, 2026.
RUSHB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.43B | $7.80B | $7.93B | $7.10B | $5.13B | $4.74B | $5.81B | $5.51B | $4.71B | $4.21B |
| Cost of revenue | $6.04B | $6.27B | $6.33B | $5.61B | $4.03B | $3.86B | $4.78B | $4.53B | $3.88B | $3.50B |
| Gross profit | $1.39B | $1.53B | $1.59B | $1.49B | $1.09B | $875.5M | $1.03B | $978.3M | $829.9M | $718.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $996.2M | $1.00B | $1.02B | $927.8M | $731.3M | $665.3M | $753.7M | $705.2M | $631.1M | $587.8M |
| Total operating expenses | $996.2M | $1.06B | $1.08B | $983.5M | $784.7M | $720.9M | $809.1M | $775.7M | $681.1M | $639.0M |
| Operating income | $393.3M | $468.1M | $512.4M | $506.1M | $309.0M | $154.6M | $216.4M | $202.9M | $148.7M | $80.7M |
| Interest income | $1.9M | $1.2M | $777,000 | $639,000 | $657,000 | $713,000 | $1.7M | $1.4M | $891,000 | $621,000 |
| Interest expense | $48.2M | $72.0M | $53.7M | $19.8M | $2.4M | $9.7M | $30.5M | $21.1M | $13.2M | $14.9M |
| Income before taxes | $345.9M | $397.8M | $462.1M | $509.3M | $313.7M | $151.7M | $189.5M | $183.2M | $136.4M | $66.4M |
| Income taxes | $79.8M | $92.8M | $114.0M | $117.2M | $72.3M | $36.8M | $47.9M | $44.1M | −$35.7M | $25.9M |
| Net income | $263.8M | $304.2M | $347.1M | $391.4M | $241.4M | $114.9M | $141.6M | $139.1M | $172.1M | $40.6M |
| EBITDA | $646.9M | $705.9M | $736.9M | $702.8M | $477.1M | $338.8M | $392.0M | $389.3M | $306.8M | $244.8M |
| EPS (diluted) | $3.27 | $3.73 | $4.15 | $4.46 | $2.78 | $1.60 | $2.51 | $3.85 | $2.17 | $1.14 |
| Gross margin | 18.7% | 19.6% | 20.1% | 20.9% | 21.3% | 18.5% | 17.7% | 17.8% | 17.6% | 17.0% |
| Operating margin | 5.3% | 6.0% | 6.5% | 7.1% | 6.0% | 3.3% | 3.7% | 3.7% | 3.2% | 1.9% |
| Net margin | 3.5% | 3.9% | 4.4% | 5.5% | 4.7% | 2.4% | 2.4% | 2.5% | 3.7% | 1.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.90B | $1.68B | $1.77B | $1.88B | $1.93B | $1.85B | $2.01B | $1.90B | $2.03B | $1.87B | $2.03B | $1.98B |
| Cost of revenue | $1.54B | $1.36B | $1.44B | $1.52B | $1.57B | $1.51B | $1.63B | $1.54B | $1.65B | $1.48B | $1.64B | $1.59B |
| Gross profit | $361.7M | $325.1M | $330.4M | $356.6M | $362.1M | $340.5M | $379.2M | $359.9M | $375.9M | $389.9M | $392.0M | $394.4M |
| Sales, general & admin | $245.5M | $242.6M | $239.0M | $256.4M | $252.0M | $248.8M | $249.9M | $239.7M | $251.4M | $263.7M | $257.1M | $257.1M |
| Total operating expenses | $264.5M | $242.6M | $239.0M | $256.4M | $252.0M | $248.8M | $267.0M | $239.7M | $251.4M | $279.3M | $271.9M | $273.0M |
| Operating income | $97.2M | $82.5M | $91.4M | $100.2M | $110.1M | $91.7M | $112.2M | $120.2M | $124.5M | $110.6M | $120.1M | $121.6M |
| Interest expense | $4.4M | $6.4M | $8.9M | $11.7M | $12.7M | $12.9M | $16.9M | $17.7M | $19.5M | $18.0M | $15.5M | $14.2M |
| Income before taxes | $92.3M | $75.4M | $82.3M | $87.9M | $97.1M | $78.6M | $96.7M | $103.3M | $105.1M | $92.8M | $104.8M | $107.6M |
| Income taxes | $19.3M | $13.7M | $17.6M | $20.1M | $24.1M | $17.9M | $21.4M | $23.8M | $26.3M | $21.3M | $26.7M | $26.9M |
| Net income | $72.8M | $61.5M | $64.3M | $66.7M | $72.4M | $60.3M | $74.8M | $79.1M | $78.7M | $71.6M | $78.0M | $80.3M |
| EBITDA | $162.9M | $146.3M | $155.7M | $163.5M | $172.9M | $152.9M | $172.8M | $182.0M | $182.0M | $167.6M | $175.9M | $178.0M |
| EPS (diluted) | $0.91 | $0.77 | $0.81 | $0.83 | $0.90 | $0.73 | $0.91 | $0.97 | $0.97 | $0.88 | $0.95 | $0.96 |
| Gross margin | 19.0% | 19.3% | 18.6% | 19.0% | 18.8% | 18.4% | 18.9% | 19.0% | 18.5% | 20.8% | 19.3% | 19.9% |
| Operating margin | 5.1% | 4.9% | 5.2% | 5.3% | 5.7% | 5.0% | 5.6% | 6.3% | 6.1% | 5.9% | 5.9% | 6.1% |
| Net margin | 3.8% | 3.6% | 3.6% | 3.5% | 3.8% | 3.3% | 3.7% | 4.2% | 3.9% | 3.8% | 3.8% | 4.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RUSHB's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RUSHB financial results
In fiscal year 2025 (ended December 31, 2025), Rush Enterprises reported revenue of $7.4 billion, down 4.7% from the year before. It had net income of $263.8 million (down 13.3%), a net profit margin of 3.5%. Diluted earnings per share came to $3.27. Over five years revenue grew at an average rate of 9.4% a year.
See the RUSHB stock overview for the latest quote and news, or the RUSHB chart for price history and technical indicators.
RUSHB income statement FAQ
What is Rush Enterprises's annual revenue?
Rush Enterprises reported total revenue of $7.4 billion for fiscal year 2025, which ended on December 31, 2025. That was down 4.7% from $7.8 billion the previous year.
Is Rush Enterprises profitable?
Yes. Rush Enterprises reported net income of $263.8 million in fiscal 2025, a net profit margin of 3.5%; its operating margin was 5.3%.
What is Rush Enterprises's gross margin?
Rush Enterprises's gross margin was 18.7% in fiscal 2025: for every $100 of revenue, Rush Enterprises kept $19 after the direct cost of its products and services.
How fast is Rush Enterprises growing?
Revenue grew 9.4% a year on average over the last five fiscal years, from $4.7 billion to $7.4 billion.
What are Rush Enterprises's earnings per share?
Rush Enterprises earned $3.27 per diluted share in fiscal 2025, compared with $3.73 a year earlier.
When will Rush Enterprises report its next earnings?
Rush Enterprises is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does Rush Enterprises's fiscal year end?
Rush Enterprises's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.