Rush Enterprises Inc. Tx

REPORTS THIRD QUARTER 2025 RESULTS, ANNOUNCES $0.19 PER SHARE DIVIDEND

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Revenues of $1.9 billion, net income of $66.7 million Earnings per diluted share of $0.83 Challenging market conditions - particularly in new Class 8 truck sales - partially offset by strength of diversified business model in aftermarket, used truck sales and leasing Absorption ratio 129.3% Board declares cash dividend of $0.19 per share of Class A and Class B common stock NEW BRAUNFELS, Texas, October 29, 2025 Rush Enterprises, Inc.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Additionally, the Company s Board of Directors declared a cash dividend of $0.19 per share of Class A and Class B Common Stock, to be paid on December 12, 2025, to all shareholders of record as of November 12, 2025.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

During the third quarter of 2025, the Company repurchased $9.2 million of its common stock pursuant to its stock repurchase plan and has repurchased a total of $130.6 million of the $200.0 million that is currently authorized by its Board of Directors.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In addition, the Company paid a cash dividend of $14.8 million during the third quarter.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In addition, the declaration and payment of cash dividends and authorization of future share repurchase programs remains at the sole discretion of the Company s Board of Directors and the issuance of future dividends and authorization of future share repurchase programs will depend upon the Company s financial results, cash requirements, future prospects, applicable law and other factors that may be deemed relevant by the Company s Board of Directors.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Our strategic focus on technician recruiting and retention, expanding our aftermarket sales force and identifying new customer segments helped offset weak demand, and we remain committed to our aftermarket strategic initiatives, Rush added.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

We remain focused on delivering value to our customers and solid returns to our shareholders, even as market conditions show no signs of significant improvement in the near term, he said.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

This strategic expansion allowed us to capture new customer segments and strengthen our presence in the Canadian commercial vehicle market.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Our team remained focused on operational discipline and customer service, which helped us maintain strong performance in our aftermarket and leasing businesses, both of which continue to provide reliable revenues and profits despite the softness in new Class 8 truck and new Class 4-7 commercial vehicle demand.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

These vehicle centers, strategically located in high traffic areas on or near major highways throughout the United States and Ontario, Canada, represent truck and bus manufacturers, including Peterbilt, International, Hino, Isuzu, Ford, Dennis Eagle, IC Bus and Blue Bird.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In addition, while the industry gained some clarity regarding the tariffs that will be imposed on certain commercial vehicles and parts beginning November 1, economic uncertainty and regulatory ambiguity remains, especially with respect to engine emissions regulations.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The challenging industry conditions contributed to a slight decline in total revenues during the third quarter of 2025 compared to the third quarter of 2024, while an increase in the Company s Selling, General and Administrative expenses, due in part to increases in overall legal reserves with respect to pending litigation matters and recent increases in insurance retentions, contributed to a decrease in net income compared to the same period last year.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Despite these headwinds, I am proud of the financial performance our team delivered in the third quarter.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Despite ongoing market challenges, our aftermarket products and services business remained resilient in the third quarter.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In addition to the seasonal decline that we typically experience in the fourth quarter of each year, we continue to experience weak demand due to the many challenges the industry is currently facing.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025

However, we continue to believe that our diversified customer base, operational discipline and strong balance sheet position us well to navigate these headwinds.

SEC original ↗Rush Enterprises Inc. Tx — Earnings release (8-K exhibit)EX-99Oct 29, 2025