WabtecWABEarnings & Financial Report
Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower in 1999. It is headquartered in Pittsburgh, Pennsylvania.
WAB Q4 2025 Key Financial Metrics
Revenue
$3.0B
Gross Profit
$966.0M
Operating Profit
$356.0M
Net Profit
$202.0M
Gross Margin
32.6%
Operating Margin
12.0%
Net Margin
6.8%
YoY Growth
14.8%
EPS
$1.18
Financial Flow
Wabtec Q4 2025 Financial Summary
Wabtec reported revenue of $3.0B for Q4 2025, with a net profit of $202.0M (6.8% margin). Cost of goods sold was $2.0B, operating expenses totaled $610.0M.
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $202.0M |
| Gross Margin | 32.6% |
| Operating Margin | 12.0% |
| Report Period | Q4 2025 |
Wabtec Annual Revenue by Year
Wabtec annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.2B |
| 2024 | $10.4B |
| 2023 | $9.7B |
| 2022 | $8.4B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.50B | $2.64B | $2.66B | $2.58B | $2.61B | $2.71B | $2.89B | $2.96B |
| YoY Growth | 13.8% | 9.8% | 4.4% | 2.3% | 4.5% | 2.3% | 8.4% | 14.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $18.75B | $18.88B | $18.64B | $18.70B | $19.10B | $20.39B | $21.53B | $22.07B |
| Liabilities | $8.24B | $8.36B | $8.35B | $8.57B | $8.68B | $9.55B | $10.43B | $10.88B |
| Equity | $10.46B | $10.48B | $10.25B | $10.09B | $10.37B | $10.80B | $11.05B | $11.14B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $334.0M | $235.0M | $542.0M | $723.0M | $191.0M | $209.0M | $367.0M | $992.0M |
Other Industrials Companies
CAT
Caterpillar Inc.
Revenue
$19.1B
Net Profit
N/A
CMI
Cummins
Revenue
$8.5B
Net Profit
N/A
PCAR
Paccar
Revenue
$6.8B
Net Profit
$556.9M
MMM
3M
Revenue
$6.1B
Net Profit
$577.0M
AOS
A. O. Smith
Revenue
$912.5M
Net Profit
$125.4M
ALLE
Allegion
Revenue
$1.0B
Net Profit
N/A
AME
Ametek
Revenue
$1.9B
Net Profit
$371.4M
ADP
Automatic Data Processing
Revenue
$5.4B
Net Profit
$1.1B
AXON
Axon Enterprise
Revenue
$710.6M
Net Profit
$-2.2M
BA
Boeing
Revenue
$23.9B
Net Profit
$8.2B