Exhibit 99.1 Contact: Rush Enterprises, Inc., New Braunfels Steven L. Keller, 830-302-5226 RUSH ENTERPRISES, INC. REPORTS FOURTH QUARTER AND YEAR-END 2025 RESULTS, ANNOUNCES $0.19 PER SHARE DIVIDEND NEW BRAUNFELS, Texas, February 17, 2026 — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2025, the Company achieved revenues of $7.4 billion and net income of $263.8 millio ...

Annual revenues of $7.4 billion; net income of $263.8 millionAnnual earnings per diluted share of $3.274th quarter revenues of $1.8 billion; net income of $64.3 millionBoard declares cash dividend of $0.19 per share of Class A and Class B common stock NEW BRAUNFELS, Texas, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2025, the Compan ...

Core Viewpoint - Rush Enterprises, Inc. will host a conference call to discuss its earnings for the fourth quarter and year-end 2025 on February 18, 2026, with earnings reported after market close on February 17, 2026 [1]. Group 1: Conference Call Details - The conference call will take place at 10:00 a.m. Eastern/9:00 a.m. Central on February 18, 2026 [1]. - Participants can register for the call via a provided link and are encouraged to join 10 minutes early [3]. - A replay of the webcast will be available for those unable to attend the live broadcast [3]. Group 2: Company Overview - Rush Enterprises, Inc. operates the largest network of commercial vehicle dealerships in North America, with over 150 locations across 23 states and Ontario, Canada [4]. - The company represents various truck and bus manufacturers, including Peterbilt, International, Hino, Isuzu, Ford, IC Bus, and Blue Bird [4]. - Rush Enterprises offers a comprehensive range of services, including sales of new and used vehicles, aftermarket parts, service, financing, insurance, leasing, and rental [4]. - The company also provides CNG fuel systems, telematics products, vehicle technologies, and accessories [4].

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Core Viewpoint - Rush Enterprises is facing challenges due to a downturn in the trucking market, influenced by a difficult macroeconomic environment, with ongoing pressures on US employment and manufacturing [1]. Company Summary - Rush Enterprises (RUSHB, RUSHA) is experiencing significant pressure from the trucking market downturn [1]. - The current macroeconomic conditions are expected to continue affecting the market negatively in the near future [1]. Industry Summary - The trucking market is under strain due to broader economic challenges, including employment and manufacturing pressures in the US [1].

Sales Forecast - New U.S. Class 8 retail truck sales are forecasted to be 216,300 units in 2025, representing a 12.5% decrease compared to 2024[64] - The company expects to sell approximately 11,700 to 12,800 new Class 8 trucks in 2025, with a market share of 5.4% to 5.9%[64] - New U.S. Class 4 through 7 retail commercial vehicle sales are projected to be 227,225 units in 2025, an 11.8% decrease from 2024[65] - The company anticipates selling approximately 12,500 to 13,600 new Class 4 through 7 commercial vehicles in 2025[65] Revenue Trends - Lease and rental revenue is expected to increase by approximately 4.5% in 2025 compared to 2024[66] - Aftermarket Products and Services revenue showed a slight increase in Q3 2025 compared to Q3 2024, but is expected to remain flat to slightly down in Q4 2025[67] - New heavy-duty vehicle sales decreased by 10.8% in Q3 2025 compared to Q3 2024, with revenues dropping by 12.7%[72] - New light-duty vehicle sales increased by 49.5% in Q3 2025 compared to Q3 2024, with revenues rising by 48.0%[72] - Total new vehicle revenue decreased by 3.5% in Q3 2025 compared to Q3 2024, while used vehicle revenue increased by 17.2%[72] Dealership Performance - The dealership absorption ratio was 129.3% in Q3 2025, down from 132.6% in Q3 2024[72] - The absorption ratio for the commercial vehicle dealerships was 129.3% in Q3 2025, down from 132.6% in Q3 2024[73] Financial Performance - Total revenues decreased by $15.4 million, or 0.8%, in Q3 2025 compared to Q3 2024, primarily due to decreased new Class 8 truck sales[74] - Aftermarket Products and Services revenues increased to $642.7 million in Q3 2025, up 1.5% from Q3 2024, driven by strategic initiatives and higher parts pricing[75] - Sales of new and used commercial vehicles decreased by $28.4 million, or 2.4%, in Q3 2025, attributed to reduced demand and regulatory uncertainty[76] - New Class 8 vehicle sales in the U.S. fell by 10.8% to 3,215 units in Q3 2025 compared to 3,604 units in Q3 2024[77] - Gross profit decreased by $4.3 million, or 1.1%, in Q3 2025, with gross profit as a percentage of sales at 19.9%, down from 20.0% in Q3 2024[82] - SG&A expenses increased by $16.7 million, or 12.6%, in Q3 2025, representing 13.6% of total revenues, up from 12.6% in Q3 2024[88] - Net interest expense decreased by $5.9 million, or 33.7%, in Q3 2025, due to lower inventory levels and interest rates[89] - Income before income taxes decreased by $15.4 million, or 14.9%, in Q3 2025 compared to Q3 2024[90] - The effective tax rate was 22.9% in Q3 2025, slightly down from 23.0% in Q3 2024, with expectations for 2025 to be between 22.5% and 24.0%[91] - Income taxes decreased by $9.2 million in the first nine months of 2025 compared to the same period in 2024, with tax rates at 23.6% and 23.0% respectively[105] Cash Flow and Capital Expenditures - As of September 30, 2025, the company had working capital of approximately $600.8 million, including $242.0 million in cash, sufficient to meet operating requirements for at least the next twelve months[106] - The company expects to purchase or lease commercial vehicles worth approximately $275.0 million to $325.0 million during 2025, depending on customer demand[110] - During the first nine months of 2025, net cash provided by operating activities was $748.9 million, compared to $227.3 million in the same period of 2024[116][118] - Cash used in investing activities during the first nine months of 2025 was $330.2 million, primarily for the acquisition of property and equipment[119] - Financing activities resulted in net cash used of $404.9 million in the first nine months of 2025, primarily due to $997.5 million in principal repayments of long-term debt[121] Stock and Facility Developments - The company repurchased $130.6 million of its common stock under the current stock repurchase program as of September 30, 2025[112] - The company is under contract to construct a new facility in Huntley, IL, with a current budget of $23.8 million[115] - The company anticipates funding capital expenditures through operating cash flows and has sufficient liquidity to meet debt service and working capital requirements for at least the next twelve months[107] Debt and Financing Agreements - As of September 30, 2025, the company had approximately $220.0 million outstanding under the PLC Agreement for financing capital expenditures[124] - The company entered into the PFC Floor Plan Credit Agreement with an aggregate loan commitment of $800.0 million for financing new Peterbilt trucks, with approximately $480.0 million outstanding as of September 30, 2025[127] - The BMO Floor Plan Credit Agreement was amended to reduce the loan commitment from $1.0 billion to $675.0 million, with approximately $317.9 million outstanding as of September 30, 2025[128] - The RTC Canada Floor Plan Credit Agreement was amended to increase the loan commitment to $171.7 million CAD, with approximately $97.3 million CAD outstanding as of September 30, 2025[129] Order Backlog and Market Conditions - The company's backlog of commercial vehicle orders decreased to approximately $647.6 million as of September 30, 2025, down from approximately $1,332.9 million on September 30, 2024, due to challenging industry conditions[130] - The company expects to fill most of its backlog orders during 2025, despite the ongoing freight recession and economic uncertainty[130] Interest Rate Exposure - As of September 30, 2025, the company had total borrowings of $1,120.9 million, with interest rate exposure that could lead to an annual interest expense change of approximately $11.2 million for a 100 basis point shift in rates[142] Regulatory Compliance - The company is subject to various environmental regulations, which may incur capital and operating expenditures, but currently does not believe it has any material environmental liabilities[137] - The company is affected by cyclical variations in unit sales of new commercial vehicles, with historical U.S. retail sales ranging from approximately 197,000 to 281,440 units over the last ten years[132] - The company is preparing for compliance with upcoming emissions regulations, including the EPA 2027 Low NOx rule and the GHG-3 rule, which may impact the production of diesel vehicles[138] - The Clean Truck Partnership was established to comply with CARB's emission requirements, although its future is uncertain due to ongoing legal challenges[140]

Financial Performance - For Q3 2025, Rush Enterprises reported revenues of $1.881 billion, a 0.8% decrease from $1.896 billion in Q3 2024, and net income of $66.7 million, or $0.83 per diluted share, down from $79.1 million, or $0.97 per diluted share in the same period last year[1][17] - Total revenue for Q3 2025 was $1,880,765, a decrease of 0.7% compared to $1,896,133 in Q3 2024[30] - Net income attributable to Rush Enterprises, Inc. for Q3 2025 was $66,690, down 15.7% from $79,132 in Q3 2024[30] - New heavy-duty vehicle sales revenue for Q3 2025 was $591,802, a decrease of 12.7% from $677,882 in Q3 2024[32] - Net income attributable to Rush Enterprises, Inc. for the twelve months ended September 2025 was $274,202, a decrease of 10.8% from $307,448 in September 2024[35] - Adjusted EBITDA (Non-GAAP) for the twelve months ended September 2025 was $425,994, down 9.7% from $472,169 in September 2024[35] Aftermarket and Sales Performance - Aftermarket products and services accounted for approximately 63.7% of total gross profit, with revenues totaling $642.7 million, up 1.5% compared to Q3 2024[5][18] - New U.S. Class 8 retail truck sales totaled 54,078 units in Q3 2025, down 18.9% year-over-year, with the company selling 3,120 new Class 8 trucks, a decrease of 11.0% compared to Q3 2024[9][10] - New Class 4 through 7 retail commercial vehicle sales totaled 53,174 units, down 17.4% year-over-year, with the company selling 2,979 units, a decrease of 8.3% compared to Q3 2024[11][12] - The company expects continued challenges in aftermarket conditions for the remainder of the year, with weak demand anticipated due to ongoing industry headwinds[8] Dividends and Shareholder Returns - The company declared a cash dividend of $0.19 per share of Class A and Class B common stock, to be paid on December 12, 2025[1][6] - The company declared dividends of $0.19 per common share for Q3 2025, up from $0.18 in Q3 2024[30] - The company repurchased $9.2 million of its common stock during Q3 2025, totaling $130.6 million of the $200.0 million authorized by the Board[19] Assets and Liabilities - Total assets as of September 30, 2025, were $4,553,062, a decrease from $4,617,547 as of December 31, 2024[28] - Total debt (GAAP) as of September 30, 2025, was $1,395,920, down from $1,815,461 in 2024[34] - Adjusted total debt (non-GAAP) was $3,458 as of September 30, 2025, compared to $3,985 in 2024[34] - Cash and cash equivalents increased to $242,005 as of September 30, 2025, from $185,073 in 2024[34] Operational Efficiency - Lease and rental revenue increased by 4.7% to $93.3 million in Q3 2025, highlighting the strength of Rush Truck Leasing as a consistent revenue stream[15] - The absorption ratio for Q3 2025 was 129.3%, compared to 132.6% in Q3 2024, indicating effective management of service and parts operations[5][6] - The absorption ratio for Q3 2025 was 129.3%, slightly lower than 132.6% in Q3 2024[32] Capital Expenditures and Investments - The strategic acquisition of an IC Bus franchise in Canada has allowed the company to capture new customer segments and strengthen its market presence[12][20] - The company reported a significant increase in acquisitions of L&RF assets, totaling $344,016 in September 2025 compared to $285,404 in September 2024[36] Cash Flow and Expenses - Free cash flow (Non-GAAP) for the twelve months ended September 2025 was $691,999, a significant recovery from a negative $72,111 in September 2024[36] - Net cash provided by operations (GAAP) increased to $1,139,643 in September 2025 from $311,922 in September 2024, representing a growth of 264.5%[36] - Depreciation and amortization expenses increased to $70,195 in September 2025 from $66,475 in September 2024, marking a rise of 4.3%[35] - Interest expense for the twelve months ended September 2025 was $53,064, down 25% from $70,603 in September 2024[35] Equity and Capital Structure - Total Rush Enterprises, Inc. shareholders' equity (GAAP) rose to $2,214,499 in September 2025, an increase of 6.3% from $2,083,145 in September 2024[37] - Adjusted invested capital (Non-GAAP) decreased to $1,821,040 in September 2025 from $1,902,057 in September 2024, reflecting a decline of 4.3%[37] - Adjusted net debt (cash) (Non-GAAP) worsened to $(393,459) in September 2025 from $(181,088) in September 2024, indicating increased leverage[37]

Financial Performance - For the third quarter of 2025, the company reported revenues of $1.881 billion, a decrease of 0.8% from $1.896 billion in the same quarter of 2024. Net income was $66.7 million, or $0.83 per diluted share, down from $79.1 million, or $0.97 per diluted share, in the prior year [1][19]. - The company recognized a one-time, pre-tax charge of approximately $3.3 million related to Hurricane Helene in the third quarter of 2024, which impacted year-over-year comparisons [1][19]. - Selling, General and Administrative expenses increased due to higher legal reserves and insurance retentions, contributing to the decline in net income [3][19]. Industry Conditions - The commercial vehicle industry faced challenging conditions in Q3 2025, with depressed freight rates and overcapacity affecting market dynamics. Economic uncertainty and regulatory ambiguity, particularly regarding engine emissions, influenced customers' vehicle replacement decisions [2][11]. - New U.S. Class 8 retail truck sales totaled 54,078 units, down 18.9% year-over-year, with the company selling 3,120 new Class 8 trucks, a decrease of 11.0% [10][11]. - Demand from large over-the-road fleet customers remained weak due to a prolonged freight recession, while vocational customer demand was stable, highlighting the strength of the company's diversified customer base [11]. Aftermarket Products and Services - Aftermarket products and services accounted for approximately 63.7% of the company's total gross profit in Q3 2025, with revenues of $642.7 million, up 1.5% from $633.0 million in Q3 2024 [5][20]. - The company achieved a quarterly absorption ratio of 129.3%, slightly down from 132.6% in the same quarter of the previous year, indicating effective management of overhead expenses [5][36]. - The company remains focused on strategic initiatives in the aftermarket segment, including technician recruitment and expanding the aftermarket sales force, to offset weak demand [6][7]. Commercial Vehicle Sales - The company sold 3,215 new heavy-duty trucks, 3,427 new medium-duty commercial vehicles, and 858 new light-duty commercial vehicles in Q3 2025, compared to 3,604, 3,379, and 574 units, respectively, in Q3 2024 [20]. - New Class 4 through 7 retail commercial vehicle sales totaled 53,174 units, a decrease of 17.4% year-over-year, with the company selling 2,979 units, down 8.3% [12][13]. - The company experienced a significant increase in bus sales due to the acquisition of an IC Bus franchise in Canada, which helped capture new customer segments [13]. Leasing and Rental Operations - Leasing and rental revenue in Q3 2025 was $93.3 million, up 4.7% compared to the same quarter in 2024, reinforcing its role as a consistent revenue stream [16][17]. - The company operates over 10,000 trucks in its lease and rental fleet, benefiting from a modernized fleet and disciplined cost management [17]. Dividend and Stock Repurchase - The company's Board of Directors declared a cash dividend of $0.19 per share, to be paid on December 12, 2025, to shareholders of record as of November 12, 2025 [1][9]. - The company repurchased $9.2 million of its common stock during the quarter, with a total of $130.6 million repurchased out of an authorized $200 million [21].

Core Viewpoint - Rush Enterprises, Inc. will host a conference call to discuss its third-quarter earnings for 2025 on October 30, 2025, with earnings reported after market close on October 29, 2025 [1] Company Overview - Rush Enterprises, Inc. operates the largest network of commercial vehicle dealerships in North America, with over 150 locations across 23 states and Ontario, Canada [3] - The company represents various truck and bus manufacturers, including Peterbilt, International, Hino, Isuzu, Ford, Dennis Eagle, IC Bus, and Blue Bird [3] - Rush Enterprises provides a comprehensive range of services, including sales of new and used vehicles, aftermarket parts, service and body shop operations, financing, insurance, leasing, and rental [3] - The company also offers CNG fuel systems through its investment in Cummins Clean Fuel Technologies, Inc., telematics products, vehicle technologies, up-fitting, chrome accessories, and tires [3]

Company Overview - Rush Enterprises operates commercial vehicle dealerships, offering a comprehensive range of solutions including new and used truck and bus sales, parts, service, collision repair, financing, and leasing [1]. Historical Background - The company was founded in 1965, establishing a long-standing presence in the commercial vehicle industry [1]. Investment Focus - The analysis emphasizes a qualitative approach to investing, particularly in small-cap companies that exhibit both long-term growth potential and special situations [1].