Westinghouse Air Brake Technologies Corporation (WAB)

WAB Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Revenue	3,120	3,179	2,950	2,965	2,886	2,706	2,610	2,583	2,663	2,644	2,497	2,526	2,550	2,407	2,194	2,306	2,081	2,048	1,927	2,073
Revenue Growth (YoY)	8.11%	17.48%	13.03%	14.79%	8.37%	2.34%	4.52%	2.26%	4.43%	9.85%	13.81%	9.54%	22.54%	17.53%	13.86%	11.24%	9.12%	1.79%	5.30%	2.44%
Cost of Revenue	1,954	2,011	1,863	1,966	1,858	1,765	1,707	1,768	1,776	1,764	1,676	1,749	1,745	1,676	1,525	1,623	1,428	1,401	1,327	1,416
Gross Profit	1,166	1,168	1,087	999	1,028	941	903	815	887	880	821	777	805	731	669	683	653	647	600	657
Selling, General & Admin	379	397	384	405	359	316	290	322	310	311	276	295	293	282	256	278	254	255	233	269
Research & Development	67	70	56	68	59	50	46	51	50	57	48	61	53	53	51	60	54	50	45	52
Amortization of Goodwill & Intangibles	89	91	87	81	77	69	73	77	79	71	74	87	74	73	75	73	73	72	73	72
Operating Expenses	535	558	527	554	495	435	409	450	439	439	398	443	420	408	382	411	381	377	351	393
Operating Income	631	610	560	445	533	506	494	365	448	441	423	334	385	323	287	272	272	270	249	264
Interest Expense	-80	-80	-71	-68	-65	-46	-46	-53	-52	-49	-47	-42	-60	-55	-48	-44	-48	-44	-43	-42
Earnings From Equity Investments	-2	1	2	1	1	-3	3	5	1	1	1	2	12	10	1	4	6	7	-	9
Currency Exchange Gain (Loss)	11	-4	16	-21	-3	-6	-8	-8	-6	-1	-4	-11	-3	-8	2	11	-6	-2	3	1
Other Non Operating Income (Expenses)	-	-1	3	20	-2	30	1	-2	-1	2	-1	-2	-1	-1	-	-1	2	-	-2	1
EBT Excluding Unusual Items	560	526	510	377	464	481	444	307	390	394	372	281	333	269	242	242	226	231	207	233
Merger & Restructuring Charges	-3	-8	-41	-86	-39	-31	-18	-23	-12	-9	-9	-36	-13	-10	-9	-32	-9	-4	-7	2
Gain (Loss) on Sale of Investments	-	-	-	-	-	-	-	-	-	-	-	35	-	-	-	-	-	-	-	-
Pretax Income	557	518	469	291	425	450	426	284	378	385	363	280	320	259	233	210	217	227	200	235
Income Tax Expense	146	122	106	87	112	111	99	71	92	94	86	63	78	66	60	51	54	58	50	42
Earnings From Continuing Operations	411	396	363	204	313	339	327	213	286	291	277	217	242	193	173	159	163	169	150	193
Minority Interest in Earnings	-2	-1	-1	-2	-3	-3	-5	-1	-3	-2	-5	-2	-2	-2	-4	-1	-3	-3	-1	-3
Net Income	409	395	362	202	310	336	322	212	283	289	272	215	240	191	169	158	160	166	149	190
Preferred Dividends & Other Adjustments	-	1	1	-	1	1	1	1	-	1	1	2	-	-	-	-	-	-	-	-
Net Income to Common	409	394	361	202	309	335	321	211	283	288	271	213	240	191	169	158	160	166	149	190
Net Income Growth (YoY)	32.36%	17.61%	12.46%	-4.26%	9.19%	16.32%	18.45%	-0.94%	17.92%	50.79%	60.36%	34.81%	50.00%	15.06%	13.42%	-16.84%	22.14%	32.80%	33.04%	117.14%
Shares Outstanding (Basic)	168	169	170	170	171	171	171	171	173	175	177	178	179	179	180	181	181	182	185	186
Shares Outstanding (Diluted)	169	170	171	171	171	171	171	172	174	176	177	179	179	179	181	182	182	182	185	187
Shares Change (YoY)	-1.34%	-0.94%	-0.35%	-0.58%	-1.72%	-2.73%	-3.33%	-3.80%	-2.85%	-1.90%	-1.88%	-1.60%	-1.48%	-1.65%	-2.38%	-2.57%	-3.25%	-3.44%	-2.07%	-1.69%
EPS (Basic)	2.43	2.33	2.12	1.19	1.81	1.96	1.88	1.23	1.63	1.64	1.54	1.20	1.34	1.07	0.94	0.87	0.88	0.91	0.81	1.02
EPS (Diluted)	2.42	2.33	2.12	1.19	1.81	1.96	1.88	1.23	1.63	1.64	1.53	1.20	1.33	1.06	0.93	0.87	0.88	0.91	0.80	1.01
EPS Growth (YoY)	33.70%	18.88%	12.77%	-3.76%	11.04%	19.51%	22.88%	3.00%	22.56%	54.72%	64.52%	37.39%	51.14%	16.48%	16.25%	-14.06%	27.54%	37.88%	35.59%	120.36%

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Free Cash Flow	381	379	153	870	312	170	147	639	496	189	303	609	386	77	-57	343	172	233	141	262
Free Cash Flow Per Share	2.26	2.23	0.90	5.09	1.82	0.99	0.86	3.71	2.85	1.07	1.71	3.41	2.15	0.43	-0.32	1.89	0.95	1.28	0.76	1.41
Dividend Per Share	0.310	0.310	0.310	0.250	0.250	0.250	0.250	0.200	0.200	0.200	0.200	0.170	0.170	0.170	0.170	0.150	0.150	0.150	0.150	0.120
Dividend Growth (YoY)	24.00%	24.00%	24.00%	25.00%	25.00%	25.00%	25.00%	17.65%	17.65%	17.65%	17.65%	13.33%	13.33%	13.33%	13.33%	25.00%	25.00%	25.00%	25.00%	0%
Gross Margin	37.37%	36.74%	36.85%	33.69%	35.62%	34.77%	34.60%	31.55%	33.31%	33.28%	32.88%	30.76%	31.57%	30.37%	30.49%	29.62%	31.38%	31.59%	31.14%	31.69%
Operating Margin	20.22%	19.19%	18.98%	15.01%	18.47%	18.70%	18.93%	14.13%	16.82%	16.68%	16.94%	13.22%	15.10%	13.42%	13.08%	11.79%	13.07%	13.18%	12.92%	12.73%
Profit Margin	13.11%	12.39%	12.24%	6.81%	10.71%	12.38%	12.30%	8.17%	10.63%	10.89%	10.85%	8.43%	9.41%	7.94%	7.70%	6.85%	7.69%	8.11%	7.73%	9.16%
Free Cash Flow Margin	12.21%	11.92%	5.19%	29.34%	10.81%	6.28%	5.63%	24.74%	18.63%	7.15%	12.13%	24.11%	15.14%	3.20%	-2.60%	14.87%	8.27%	11.38%	7.32%	12.64%
EBITDA	762	743	689	573	647	611	604	481	571	547	535	465	499	430	398	378	377	375	359	373
EBITDA Margin	24.42%	23.37%	23.36%	19.32%	22.42%	22.58%	23.14%	18.62%	21.44%	20.69%	21.43%	18.41%	19.57%	17.87%	18.14%	16.39%	18.12%	18.31%	18.63%	17.99%
D&A For EBITDA	131	133	129	128	114	105	110	116	123	106	112	131	114	107	111	106	105	105	110	109
EBIT	631	610	560	445	533	506	494	365	448	441	423	334	385	323	287	272	272	270	249	264
EBIT Margin	20.22%	19.19%	18.98%	15.01%	18.47%	18.70%	18.93%	14.13%	16.82%	16.68%	16.94%	13.22%	15.10%	13.42%	13.08%	11.79%	13.07%	13.18%	12.92%	12.73%
Effective Tax Rate	26.21%	23.55%	22.60%	29.90%	26.35%	24.67%	23.24%	25.00%	24.34%	24.42%	23.69%	22.50%	24.38%	25.48%	25.75%	24.29%	24.88%	25.55%	25.00%	17.87%
Revenue as Reported	3,120	3,179	2,950	2,965	2,886	2,706	2,610	2,583	2,663	2,644	2,497	2,526	2,550	2,407	2,194	2,306	2,081	2,048	1,927	2,073

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 6, 2026

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