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 ...

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 macroeconomic environment remains challenging, which may continue to affect the market in the near future [1] Industry Summary - The trucking market is currently under pressure, which is exacerbated by broader economic challenges [1] - There are growing concerns regarding US employment and manufacturing, indicating potential ongoing difficulties for the industry [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 and Profitability - 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, totaling $1,035.2 million[72] - 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 totaled $642.7 million in Q3 2025, up 1.5% from Q3 2024, driven by strategic initiatives and increased 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 from challenging market conditions[76] - 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] - Income before income taxes decreased by $15.4 million, or 14.9%, in Q3 2025 compared to Q3 2024[90] Cash Flow and Capital Expenditures - 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] - 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] - 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 - 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] - As of September 30, 2025, the company had floor plan borrowings totaling $1,120.9 million, with interest expense potentially increasing or decreasing by approximately $11.2 million for a 100 basis point change in SOFR, CORRA, or the prime rate[142] Market Conditions and Backlog - 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 a year earlier, reflecting challenging industry conditions[130] - The company’s Truck Segment is moderately seasonal, with higher sales volumes historically occurring in the second and third quarters[131] - The company’s business is subject to cyclical variations, with total U.S. retail sales of new Class 8 commercial vehicles ranging from approximately 197,000 in 2016 to approximately 281,440 in 2019[132] Environmental Regulations - 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 EPA's GHG-3 rule and the 2027 Low NOx rule may significantly impact the manufacturing of diesel internal combustion engines, with compliance potentially requiring an increasing percentage of zero-emission 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]

Group 1 - The article does not provide any specific content related to a company or industry [1]

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] - Gross profit for Q3 2025 was $374,752, compared to $379,041 in Q3 2024, reflecting a slight decline[30] - Net income attributable to Rush Enterprises, Inc. for the twelve months ended September 2025 was $274,202,000, a decrease from $307,448,000 in September 2024, representing a decline of approximately 10.5%[35] - Adjusted EBITDA (Non-GAAP) for the twelve months ended September 2025 was $425,994,000, down from $472,169,000 in September 2024, reflecting a decrease of about 9.7%[35] Sales and Market Conditions - 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 decreased by 17.4% year-over-year, with the company selling 2,979 units, a decline 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] - The company remains cautiously optimistic about potential recovery in truck sales in the second half of 2026, contingent on stable emission laws and market conditions[10] Dividends and Shareholder Returns - The company 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][6] - The company declared dividends of $0.19 per common share in Q3 2025, up from $0.18 in Q3 2024[30] - The company repurchased $9.2 million of its common stock during the quarter, 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] - Total Rush Enterprises, Inc. shareholders' equity (GAAP) as of September 2025 was $2,214,499,000, an increase from $2,083,145,000 in September 2024, representing a growth of about 6.3%[37] Operational Efficiency - Aftermarket products and services accounted for approximately 63.7% of total gross profit, with revenues of $642.7 million, up 1.5% compared to Q3 2024[5][18] - 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] Cash Flow and Investments - Free cash flow (Non-GAAP) for the twelve months ended September 2025 was $691,999,000, a significant increase from a negative $72,111,000 in September 2024[36] - Net cash provided by operations (GAAP) for the twelve months ended September 2025 was $1,139,643,000, compared to $311,922,000 in September 2024, indicating a substantial increase of approximately 264%[36] - The acquisition of property and equipment for the twelve months ended September 2025 was $447,644,000, compared to $384,033,000 in September 2024, showing an increase of approximately 16.6%[36] - The company made acquisitions of L&RF assets totaling $344,016,000 for the twelve months ended September 2025, compared to $285,404,000 in September 2024, reflecting an increase of approximately 20.5%[36] Interest and Debt Management - The company reported an interest expense of $53,064,000 for the twelve months ended September 2025, down from $70,603,000 in September 2024, indicating a reduction of about 25%[35] - Adjusted net debt (cash) (Non-GAAP) as of September 2025 was $(393,459,000), compared to $(181,088,000) in September 2024, indicating an increase in cash position[37] - Adjusted invested capital (Non-GAAP) as of September 2025 was $1,821,040,000, a slight decrease from $1,902,057,000 in September 2024, reflecting a decline of approximately 4.3%[37]

Financial Performance - Total revenue for Q2 2025 was $1,930,707, a decrease of 4.8% compared to $2,027,028 in Q2 2024[13] - Net income for Q2 2025 was $72,989, down 7.3% from $78,783 in Q2 2024[15] - Gross profit for the first half of 2025 was $737,431, a decline of 5.7% from $782,264 in the same period of 2024[13] - Net income for the six months ended June 30, 2025, was $133.606 million, compared to $150.272 million for the same period in 2024, representing a decrease of approximately 11%[21] - For the three months ended June 30, 2025, net income available to common shareholders was $72.4 million, compared to $78.7 million for the same period in 2024, representing a decrease of 4.4%[27] - Basic earnings per common share for the three months ended June 30, 2025, was $0.93, down from $1.01 in the same period of 2024, a decline of 7.9%[27] - The Company reported a segment operating income of $201.8 million for the six months ended June 30, 2025, compared to $235.1 million for the same period in 2024, a decline of 14.2%[38] Assets and Liabilities - Total assets increased to $4,715,774 as of June 30, 2025, compared to $4,617,547 at the end of 2024, reflecting a growth of 2.1%[11] - Current liabilities rose to $1,718,449, an increase of 4.1% from $1,650,119 at the end of 2024[11] - Total shareholders' equity increased to $2,175,031 as of June 30, 2025, compared to $2,161,903 at the end of 2024, reflecting a growth of 0.6%[11] - The balance of retained earnings decreased to $(253,317) as of June 30, 2025[18] Cash Flow and Investments - Cash flows from operating activities provided $381.162 million, significantly higher than $115.525 million in the prior year, indicating strong operational performance[21] - The company invested $222.275 million in property and equipment during the six months ended June 30, 2025, compared to $172.522 million in the same period of 2024, reflecting ongoing expansion efforts[21] - The net cash used in investing activities was $232.220 million, compared to $161.128 million in the prior year, highlighting the company's aggressive investment strategy[21] - Total cash, cash equivalents, and restricted cash at the end of the period was $211.106 million, up from $167.266 million at the end of the previous year[21] Shareholder Returns - The company declared dividends of $0.18 per common share for Q2 2025, compared to $0.17 in Q2 2024[13] - Cash dividends paid during the period totaled $28.930 million, slightly higher than $27.232 million in the same period of 2024, reflecting a commitment to returning value to shareholders[21] - The company repurchased common stock worth $86,143 during the period[18] - The company repurchased $117.082 million in common stock during the six months ended June 30, 2025, compared to $9.542 million in the same period of 2024, reflecting a significant increase in shareholder return initiatives[21] Segment Performance - Revenues from external customers for the Truck Segment for the three months ended June 30, 2025, were $1.93 billion, compared to $2.02 billion for the same period in 2024, a decrease of 4.8%[38] - Segment operating income for the Truck Segment for the three months ended June 30, 2025, was $109.6 million, down from $124.6 million in the same period of 2024, a decline of 12.0%[38] - Total capital expenditures for the Truck Segment for the three months ended June 30, 2025, were $125.1 million, compared to $100.0 million for the same period in 2024, an increase of 25.0%[38] - Commercial vehicle sales revenue for the six months ended June 30, 2025, was $2,322.3 million, down from $2,423.6 million in 2024, indicating a decline of about 4.2%[44] Stock-Based Compensation - Stock-based compensation related to stock options and employee stock purchase plan totaled $8,289[18] - Stock-based compensation expense related to employee equity awards and stock purchases increased to $22.003 million from $19.605 million year-over-year, indicating a focus on employee incentives[21] - Stock-based compensation expense for the three months ended June 30, 2025, was $7.2 million, an increase of 30.9% from $5.5 million in the same period of 2024[31] - As of June 30, 2025, the Company had $17.1 million of unrecognized compensation cost related to non-vested employee stock options[32] Tax and Regulatory Matters - The Company had unrecognized income tax benefits totaling $8.0 million as of June 30, 2025, which could impact the effective tax rate if recognized[40] - The Company does not anticipate significant changes in unrecognized tax benefits in the next 12 months[41] - The Company’s total income tax expense for the three months ended June 30, 2025, was $54.3 million, compared to $54.3 million in the same period of 2024, indicating no change[39] Acquisitions and Growth - The Company acquired 100% of Leeds Transit, Inc. on June 16, 2025, for approximately $25.6 million, enhancing its commercial vehicle dealership presence[54]

Financial Performance - Revenues for Q2 2025 were $1.931 billion, a 4.8% decrease from $2.027 billion in Q2 2024; net income was $72.4 million, or $0.90 per diluted share, down from $78.7 million, or $0.97 per diluted share in the same period last year [2][19]. - Total revenue for Q2 2025 was $1,930,707, a decrease of 4.8% compared to $2,027,028 in Q2 2024 [32]. - Net income attributable to Rush Enterprises, Inc. for Q2 2025 was $72,438, down 8.5% from $78,661 in Q2 2024 [32]. - New and used commercial vehicle sales revenue for Q2 2025 was $1,191,504, a decline of 8.4% from $1,300,308 in Q2 2024 [32]. - Basic earnings per share for Q2 2025 was $0.93, compared to $1.01 in Q2 2024, reflecting a decrease of 7.9% [32]. - Net income attributable to Rush Enterprises, Inc. for the twelve months ended June 30, 2025, was $286,644,000, a decrease of 7.1% from $308,594,000 in the previous year [39]. - Adjusted EBITDA for the twelve months ended June 30, 2025, was $442,740,000, down 6.1% from $471,340,000 in the prior year [39]. - Free cash flow for the twelve months ended June 30, 2025, was $402,387,000, a significant improvement from a negative $58,181,000 in the previous year [40]. - Adjusted free cash flow for the twelve months ended June 30, 2025, was $664,657,000, compared to $319,303,000 in the prior year, reflecting a 108.1% increase [40]. Revenue Sources - Aftermarket products and services generated $636.3 million in revenue, accounting for approximately 63.0% of total gross profit, reflecting a 1.4% increase compared to Q2 2024 [6][20]. - Parts and service sales increased slightly to $636,258 in Q2 2025 from $627,431 in Q2 2024, representing a growth of 1.3% [32]. - Leasing and rental revenue reached $93.1 million, up 6.3% compared to Q2 2024, despite a decrease in rental utilization rate [17]. Sales Performance - New U.S. Class 8 truck sales decreased by 20.3% year-over-year, with the company selling 3,178 units, representing 5.4% of the U.S. Class 8 truck market [10][11]. - New Class 4-7 commercial vehicle sales increased by 1.0% year-over-year, with the company selling 3,626 units, capturing 6.2% of the U.S. Class 4-7 market [13][14]. Shareholder Returns - The company declared a cash dividend of $0.19 per share, marking a 5.6% increase over the previous quarter, to be paid on September 12, 2025 [2][22]. - Dividends declared per common share increased to $0.18 in Q2 2025 from $0.17 in Q2 2024 [32]. - The company repurchased $83.9 million of its common stock during Q2 2025, totaling $121.4 million of the $200 million authorized by the Board [21]. Operational Efficiency - The absorption ratio for Q2 2025 was 135.5%, slightly up from 134.0% in Q2 2024, indicating strong operational efficiency [7][6]. - The absorption ratio for Q2 2025 was 135.5%, up from 134.0% in Q2 2024, indicating improved operational efficiency [35]. Debt and Assets - Total assets as of June 30, 2025, were $4,715,774, an increase of 2.1% from $4,617,547 as of December 31, 2024 [30]. - Total debt (GAAP) decreased to $1,625,129 in Q2 2025 from $1,760,423 in Q2 2024, a reduction of 7.7% [37]. - Adjusted total debt (non-GAAP) was $3,497 in Q2 2025, down from $4,036 in Q2 2024 [37]. - The company’s adjusted net debt (cash) as of June 30, 2025, was $(207,609,000), compared to $(163,230,000) in the previous year, indicating a worsening leverage position [42]. Future Outlook - The company expects aftermarket performance to remain stable with potential for modest growth in Q3 2025, despite ongoing economic uncertainty [9]. - The company anticipates that new Class 8 truck sales may decrease sequentially in Q3 2025 due to economic and regulatory uncertainties [12].

Revenue Performance - Total revenues decreased by $21.2 million, or 1.1%, in Q1 2025 compared to Q1 2024, primarily due to decreased Aftermarket Products and Services revenue[68] - Aftermarket Products and Services revenues totaled $619.1 million in Q1 2025, down 4.6% from Q1 2024, attributed to weak demand and fewer working days[69] - New and used commercial vehicle sales revenues increased by $7.5 million, or 0.7%, in Q1 2025 compared to Q1 2024[70] - Light-duty vehicle sales increased by 3.1% to 470 units in Q1 2025, compared to 456 units in Q1 2024[73] - Used commercial vehicle sales decreased by 2.7% to 1,769 units in Q1 2025, down from 1,818 units in Q1 2024[73] Sales and Market Trends - New Class 8 truck sales were 3,222 units in Q1 2025, a 7.8% decrease from 3,494 units in Q1 2024, influenced by economic uncertainty and high interest rates[71] - New Class 4 through 7 medium-duty commercial vehicle sales were 3,329 units in Q1 2025, a slight decrease of 0.1% compared to Q1 2024[72] - The forecast for new U.S. Class 8 retail truck sales in 2025 is 213,300 units, representing a 13.8% decrease compared to 2024[58] - The expected U.S. market share for new Class 8 truck sales in 2025 is between 5.4% and 5.9%, translating to approximately 11,500 to 12,500 units sold[58] Financial Performance - Gross profit decreased by $32.1 million, or 8.2%, in Q1 2025, with gross profit as a percentage of sales falling to 19.3% from 20.8% in Q1 2024[76] - Gross margins from Aftermarket Products and Services decreased to 35.8% in Q1 2025, down from 36.5% in Q1 2024, with gross profit for this segment at $221.3 million[77] - SG&A expenses decreased by $14.9 million, or 5.6%, in Q1 2025, with SG&A as a percentage of total revenues decreasing to 13.4% from 14.1% in Q1 2024[83] - Net interest expense decreased by $5.1 million, or 28.4%, in Q1 2025, attributed to lower inventory levels and interest rates[84] - Income before income taxes decreased by $14.2 million, or 15.4%, in Q1 2025 compared to Q1 2024[85] Working Capital and Financing - Working capital as of March 31, 2025, was approximately $751.3 million, including $228.7 million in cash[87] - In Q1 2025, net cash used in financing activities was $56.4 million, with $288.4 million from long-term debt borrowings and $6.2 million from equity compensation share issuance[102] - In Q1 2024, net cash provided by financing activities was $196.5 million, primarily from $713.8 million in long-term debt borrowings and $110.2 million from net draws on floor plan notes payable[103] - As of March 31, 2025, the outstanding amount under the WF Credit Agreement was approximately $142.4 million, with a revolving credit loan commitment of up to $175.0 million[104] - The PLC Agreement allows for up to $500.0 million in revolving credit loans, with approximately $220.0 million outstanding as of March 31, 2025[105] Backlog and Production - The backlog of commercial vehicle orders as of March 31, 2025, was approximately $1,401.3 million, down from $2,047.1 million on March 31, 2024[112] - The company expects to fill most of its backlog orders during 2025, assuming manufacturers can meet their production schedules[112] Regulatory Environment - The EPA 2027 Low NOx rule will require commercial vehicle engines to emit significantly less NOx starting in model year 2027, increasing the useful life of vehicles and extending warranty terms[122] - The GHG-3 rule mandates an increasing percentage of "zero-emission" vehicles from 2027 to 2032, likely reducing the production of diesel internal combustion engines[122] - CARB's Advanced Clean Trucks rule requires a certain percentage of commercial vehicles sold in California to be "zero-emission," with a goal of 100% zero-emission vehicles for Class 3 through 8 by 2050 and 30% by 2030[123] - Additional regulations or enforcement of existing regulations by CARB could lead to increased compliance costs and operational restrictions, potentially impacting the company's financial condition[123] - The EPA is reconsidering previously approved engine emissions regulations, including the GHG-3 rule, which may be revoked or modified[122] - Multiple lawsuits are pending challenging CARB's rules and the GHG-3 rule, which could affect regulatory outcomes and compliance requirements[122] Market Risks - The company is exposed to market risks related to interest rates from various credit agreements, including the PFC Floor Plan Credit Agreement and the BMO Floor Plan Credit Agreement[125] - A 100 basis point increase or decrease in the prime rate, SOFR, or CORRA could result in an annual interest expense change of approximately $13.3 million[125] - Seventeen U.S. states and the District of Columbia have committed to advance the market for electric commercial vehicles, aligning with CARB's emissions regulations[123]

Financial Performance - Revenues for Q1 2025 were $1.85 billion, a 1.1% decrease from $1.87 billion in Q1 2024, with net income of $60.3 million or $0.73 per diluted share compared to $71.6 million or $0.88 per diluted share in the prior year[20]. - Total revenue for Q1 2025 was $1,850,830, a decrease of 1.5% from $1,871,999 in Q1 2024[34]. - Gross profit for Q1 2025 was $357,760, down from $389,875 in Q1 2024, reflecting a decline of 8.2%[34]. - Net income attributable to Rush Enterprises, Inc. for Q1 2025 was $60,322, compared to $71,608 in Q1 2024, representing a decrease of 15.7%[34]. - EBITDA for the twelve months ended March 31, 2025, was $517,312, down from $557,220 in the prior year[40]. Sales and Market Performance - New Class 8 truck sales in the U.S. totaled 3,154 units, a decrease of 7.4% year-over-year, representing 6.1% of the new U.S. Class 8 truck market[12]. - New U.S. Class 4-7 retail commercial vehicle sales were 3,204 units, relatively flat compared to the first quarter of 2024, accounting for 5.6% of the total new U.S. Class 4-7 commercial vehicle market[15]. - The company expects continued strong sales to vocational and public sector customers throughout 2025, although not at the levels experienced in 2024[14]. - Concerns regarding tariffs and emissions regulations are causing customers to delay vehicle orders, impacting overall demand for new Class 8 trucks[5][14]. Aftermarket and Leasing - Aftermarket products and services generated revenues of $619.1 million, down 4.6% from $649.2 million in Q1 2024, accounting for approximately 61.9% of total gross profit[9][21]. - Leasing and rental revenue increased by 2.7% to $90.3 million compared to Q1 2024, with full-service leasing revenue showing growth due to additional vehicles being put into service[18][22]. - The company anticipates a slight improvement in aftermarket revenues in Q2 2025, supported by current parts inventory levels[11]. Financial Position and Cash Flow - Total assets increased to $4,687,941 as of March 31, 2025, up from $4,617,547 at the end of 2024[32]. - Total debt (GAAP) decreased to $1,610,920 as of March 31, 2025, from $1,910,907 a year earlier[39]. - Adjusted Free Cash Flow for the twelve months ended March 31, 2025, was $698,346, significantly up from $198,709 in the previous year[41]. - Cash and cash equivalents increased to $228,719 as of March 31, 2025, from $155,905 a year earlier[39]. - Total shareholders' equity increased from $1,935,502 thousand in March 2024 to $2,166,936 thousand in March 2025, reflecting a growth of approximately 11.9%[43]. - Adjusted Invested Capital rose from $1,783,671 thousand in March 2024 to $1,941,788 thousand in March 2025, indicating an increase of about 8.9%[43]. - Adjusted Net Debt improved from $(151,831) thousand in March 2024 to $(225,148) thousand in March 2025, showing a reduction in net debt[43]. Stock and Dividends - The company repurchased $30.9 million of its common stock during the quarter, totaling $37.4 million of the $150.0 million authorized by the Board[23]. - The company declared dividends of $0.18 per common share in Q1 2025, compared to $0.17 in Q1 2024[34]. Non-GAAP Measures - Free Cash Flow and Adjusted Free Cash Flow are key financial measures for the Company, calculated from operating cash flows and adjusted for specific financing activities[42]. - The Company emphasizes that Free Cash Flow and Adjusted Free Cash Flow are non-GAAP measures and should be considered alongside GAAP measures for a comprehensive financial analysis[42]. - Management's adjustments to derive Adjusted Free Cash Flow include adding back certain financing draws and subtracting specific payments related to lease and rental fleet financing[42]. - The Company believes that its approach to calculating Adjusted Invested Capital provides a clearer picture of its leverage profile and capital structure[43]. - Non-GAAP measures like Adjusted Net Debt and Adjusted Invested Capital may vary among companies and are not directly comparable to similar measures used by other firms[43]. - The focus on Free Cash Flow and Adjusted Free Cash Flow aims to align investor understanding with management's evaluation of cash generation capabilities[42]. - The financial metrics presented are intended to assist investors in performing consistent analyses aligned with the Company's financial models[43].

Group 1 - Rush Enterprises, Inc. will host a conference call to discuss earnings for the first quarter of 2025 on May 1, 2025, at 10:00 a.m. Eastern/9:00 a.m. Central [1] - Earnings will be reported after the market closes on April 30, 2025 [1] - The call will be accessible via a dedicated link and participants are encouraged to join 10 minutes early [2] Group 2 - Rush Enterprises operates the largest network of commercial vehicle dealerships in North America, with over 150 locations across 22 states and Ontario, Canada [3] - The company represents various truck and bus manufacturers, including Peterbilt, International, and Ford, and offers a comprehensive range of services from vehicle sales to financing and insurance [3] - Rush Enterprises also provides CNG fuel systems, telematics products, and vehicle technologies, enhancing its service offerings in the commercial vehicle industry [3]