Rush Enterprises, Inc. (RUSHA) reported third-quarter 2026 revenue of $2.113 billion, up 12.4% from $1.881 billion a year earlier, and net income attributable to Rush Enterprises of $78.043 million, versus $66.690 million. Diluted earnings were $0.65 per share, compared with $0.55.
Aftermarket products and services revenue was $679.9 million, up 5.8%; leasing and rental revenue was $98.2 million, up 5.3%. The company completed its 50%-owned joint venture with MCT Companies, which operates 17 full-service dealerships and three mobile service locations. Management expected fourth-quarter new-truck sales to be strong, while supply constraints could affect delivery timing and customers had slowed orders pending final EPA rules for 2027 emissions.
The board declared a $0.14-per-share cash dividend on Class A and Class B stock, payable December 10, 2026, to holders of record November 11, 2026. During the quarter, Rush repurchased $10.3 million of common stock and paid $16.4 million in dividends; it reported $226.4 million in cash and cash equivalents at quarter end. Twelve-month GAAP cash from operations was $372.348 million, compared with $1,139.643 million a year earlier. Share and per-share data were adjusted for the three-for-two split distributed August 31, 2026.
For RUSH ENTERPRISES INC (RUSHA), BlackRock, Inc. reported beneficial ownership of 1,824,882 shares of Class B Stock, equal to 7.3% of the class, as of September 30, 2026. BlackRock reported sole voting power over 1,800,541 shares and sole dispositive power over 1,824,882 shares, with zero shared voting power and zero shared dispositive power.
RUSH ENTERPRISES INC director Elaine Mendoza reported a disposition of 750 shares of Class A Common Stock on 2026-08-12. The transaction is coded as a bona fide gift, reflecting a transfer to a charitable donor advised fund, and was executed at a reported price of $0.00 per share. Following this gift, Mendoza directly holds 18,930.75 shares of Class A Common Stock.
Rush Enterprises posted Q2 2026 results with slightly lower sales but solid earnings. Total revenue was 1,899,679 thousand for the quarter and 3,583,864 thousand for the first half, decreases of 1.6% and 5.2% from 2025, mainly from weaker new and used commercial vehicle sales. Aftermarket Products and Services revenue grew, though margins compressed as mix shifted toward large national accounts.
Q2 net income attributable to Rush Enterprises was 72,761 thousand (basic EPS $0.93, diluted $0.91), and first‑half net income attributable was 134,214 thousand. Net interest expense fell sharply, supporting profitability despite slightly lower gross margin. Cash from operations was 193,655 thousand in the first half; period‑end cash, cash equivalents and restricted cash were 264,937 thousand, contributing to working capital of about $710.7 million. Total assets reached 4,659,529 thousand and shareholders’ equity 2,354,487 thousand.
The company completed acquisitions in Canada and Louisiana and disclosed a sizeable commercial vehicle order backlog of about $1,975.9 million, up from $967.0 million a year earlier. Subsequent events include a three‑for‑two stock split, a new 50/50 joint venture requiring a $47.5 million equity investment, extended Canadian credit facilities to 2029, and a quarterly dividend of $0.14 per share following the split.
FMR LLC, on behalf of itself and related entities, reports ownership of 7,667,294.68 shares of Rush Enterprises Inc. Class A common stock on an amended Schedule 13G (Amendment No. 8). This represents 12.6% of the outstanding Class A common stock.
FMR LLC reports sole voting power over 6,944,943.00 shares and sole dispositive power over the full 7,667,294.68 shares, with no shared voting or dispositive power. Abigail P. Johnson is reported as having sole dispositive power over the same 7,667,294.68 shares, with no voting power. One or more other persons have rights to dividends or sale proceeds from these shares, but no such person holds more than five percent of the class.
Rush Enterprises director and Senior Advisor Michael McRoberts reported an option exercise combined with a share sale. On 2026-08-03, he exercised options to acquire 6,500 shares of Class A Common Stock at an exercise price of $15.06 per share, fully eliminating that option position. The same day, he sold 6,500 shares at a weighted average price of $81.435 per share, with individual sale prices ranging from $81.26 to $81.57. The transactions are indicated as not being made under a Rule 10b5-1 trading plan.
William M. "Rusty" Rush, CEO, President, Chairman and more-than-10% owner of Rush Enterprises, exercised stock options covering 78,750 shares of Class A Common Stock at an exercise price of $15.06 per share on July 31 and August 3, 2026, and sold the same total number of shares at weighted-average prices of $80.7598 and $81.0515 per share.
Footnotes explain that these sale prices reflect weighted averages across multiple trades, with individual transaction prices ranging from $81.00–$81.3731 and $80.52–$81.75. The options expire on 2027-03-15 and vest in one-third increments beginning on the third anniversary of the grant date.
Rush Enterprises Inc. officer Steven L. Keller, CFO & Treasurer, exercised stock options covering 1,822 and 20,678 shares of Class A Common Stock at a $15.06 exercise price on July 30–31, 2026, then sold the same 22,500 shares at weighted-average prices of $81.1187 and $80.7262, with individual trades between $81.00–$81.3731 and $80.50–$80.86.
Rush Enterprises executive Michael L. Goldstone, SVP, general counsel and corporate secretary, reported an exercise-and-sell sequence involving 4,500 Class A shares. On July 30, 2026 he exercised options for 2,400 shares at an exercise price of $15.06 and sold 2,400 shares at a weighted average price of $81.0467, with individual trades between $80.87 and $81.13. On August 3, 2026 he exercised options for another 2,100 shares at $15.06 and sold 2,100 shares at a weighted average price of $81.3003, with trades between $81.00 and $81.55. The options relate to Rush Enterprises Class A Common Stock and carry an expiration date of March 15, 2027.