# Westinghouse Air Brake Technologies Corp: overview

WAB · NYSE · CIK 943452 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/wab.md) · [Financials](/companies/wab/financials.md) · [Filings](/companies/wab/filings.md) · [Insiders](/companies/wab/insiders.md)

Latest reported revenue: [$3.12bn](/filings/0001628280-26-066629.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 21, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-066629).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,583 d](/filings/0001628280-26-008067.md) | [2,610](/filings/0001628280-26-026422.md) | [2,706](/filings/0001628280-26-049139.md) | [2,886](/filings/0001628280-26-066629.md) | [2,965 d](/filings/0001628280-26-008067.md) | [2,950](/filings/0001628280-26-026422.md) | [3,179](/filings/0001628280-26-049139.md) | [3,120](/filings/0001628280-26-066629.md) |
| Gross margin | % | [30.9% d](/filings/0001628280-26-008067.md) | [34.5%](/filings/0001628280-26-026422.md) | [34.7%](/filings/0001628280-26-049139.md) | [34.7%](/filings/0001628280-26-066629.md) | [32.6% d](/filings/0001628280-26-008067.md) | [36.0%](/filings/0001628280-26-026422.md) | [36.5%](/filings/0001628280-26-049139.md) | [37.3%](/filings/0001628280-26-066629.md) |
| Operating margin | % | [12.9% d](/filings/0001628280-26-008067.md) | [18.2%](/filings/0001628280-26-026422.md) | [17.4%](/filings/0001628280-26-049139.md) | [17.0%](/filings/0001628280-26-066629.md) | [12.0% d](/filings/0001628280-26-008067.md) | [17.5%](/filings/0001628280-26-026422.md) | [18.9%](/filings/0001628280-26-049139.md) | [20.0%](/filings/0001628280-26-066629.md) |
| Net margin | % | [8.2% d](/filings/0001628280-26-008067.md) | [12.3%](/filings/0001628280-26-026422.md) | [12.4%](/filings/0001628280-26-049139.md) | [10.7%](/filings/0001628280-26-066629.md) | [6.8% d](/filings/0001628280-26-008067.md) | [12.3%](/filings/0001628280-26-026422.md) | [12.4%](/filings/0001628280-26-049139.md) | [13.1%](/filings/0001628280-26-066629.md) |
| Diluted EPS | $ per share | not reported | [1.88](/filings/0001628280-26-026422.md) | [1.96](/filings/0001628280-26-049139.md) | [1.81](/filings/0001628280-26-066629.md) | not reported | [2.12](/filings/0001628280-26-026422.md) | [2.33](/filings/0001628280-26-049139.md) | [2.42](/filings/0001628280-26-066629.md) |
| Free cash flow | $m | [639 d](/filings/0001628280-26-008067.md) | [147](/filings/0001628280-26-026422.md) | [170 d](/filings/0001628280-26-049139.md) | [312 d](/filings/0001628280-26-066629.md) | [870 d](/filings/0001628280-26-008067.md) | [153](/filings/0001628280-26-026422.md) | [379 d](/filings/0001628280-26-049139.md) | [381 d](/filings/0001628280-26-066629.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [7.8](/filings/0001628280-24-004774.md) | [8.4](/filings/0001628280-25-005100.md) | [9.7](/filings/0001628280-26-008067.md) | [10.4](/filings/0001628280-26-008067.md) | [11.2](/filings/0001628280-26-008067.md) |
| Gross margin | % | [30.3%](/filings/0001628280-24-004774.md) | [30.4%](/filings/0001628280-25-005100.md) | [30.4%](/filings/0001628280-26-008067.md) | [32.4%](/filings/0001628280-26-008067.md) | [34.1%](/filings/0001628280-26-008067.md) |
| Operating margin | % | [11.2%](/filings/0001628280-24-004774.md) | [12.1%](/filings/0001628280-25-005100.md) | [13.1%](/filings/0001628280-26-008067.md) | [15.5%](/filings/0001628280-26-008067.md) | [16.1%](/filings/0001628280-26-008067.md) |
| Net margin | % | [7.1%](/filings/0001628280-24-004774.md) | [7.6%](/filings/0001628280-25-005100.md) | [8.4%](/filings/0001628280-26-008067.md) | [10.2%](/filings/0001628280-26-008067.md) | [10.5%](/filings/0001628280-26-008067.md) |
| Diluted EPS | $ per share | [2.96](/filings/0001628280-24-004774.md) | [3.46](/filings/0001628280-25-005100.md) | [4.53](/filings/0001628280-26-008067.md) | [6.04](/filings/0001628280-26-008067.md) | [6.83](/filings/0001628280-26-008067.md) |
| Free cash flow | $bn | [0.9](/filings/0001628280-24-004774.md) | [0.9](/filings/0001628280-25-005100.md) | [1.0](/filings/0001628280-26-008067.md) | [1.6](/filings/0001628280-26-008067.md) | [1.5](/filings/0001628280-26-008067.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/wab/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $5.77bn | 21,383,543 |  | Added +1,661,114 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $3.74bn | 13,876,398 |  | Added +137,300 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.99bn | 11,083,880 |  | Added +2,307 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $2.13bn | 7,905,748 |  | Added +164,806 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.93bn | 7,170,659 |  | Added +12,783 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.21bn | 4,522,854 |  | Reduced −34,520 |
| [FIL Ltd](/funds/318989.md) | 2026-06-30 | $950.8m | 3,526,833 |  | Added +24,892 |
| [NORDEA INVESTMENT MANAGEMENT AB](/funds/1218210.md) | 2026-06-30 | $835.5m | 3,093,207 |  | Reduced −462,670 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $753.5m | 2,794,714 |  | Added +662,859 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $671.6m | 2,491,148 |  | Added +28,409 |

## Recent filings

[All 1,790 filings](/companies/wab/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-21 | 14:12 ET | [10-Q](/filings/0001628280-26-066629.md) | Quarterly report, period 2026-09-30 | 0001628280-26-066629 |
| 2026-10-21 | 11:08 ET | [8-K](/filings/0000943452-26-000017.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000943452-26-000017 |
| 2026-10-01 | 20:02 ET | [8-K](/filings/0000943452-26-000013.md) | 2.03 New direct financial obligation | 0000943452-26-000013 |
| 2026-07-22 | 15:52 ET | [10-Q](/filings/0001628280-26-049139.md) | Quarterly report, period 2026-06-30 | 0001628280-26-049139 |
| 2026-07-22 | 10:59 ET | [8-K](/filings/0001628280-26-049105.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-049105 |
| 2026-05-15 | 20:07 ET | [8-K](/filings/0001140361-26-021657.md) | 5.07 Shareholder vote results | 0001140361-26-021657 |
| 2026-04-22 | 14:09 ET | [10-Q](/filings/0001628280-26-026422.md) | Quarterly report, period 2026-03-31 | 0001628280-26-026422 |
| 2026-04-22 | 11:02 ET | [8-K](/filings/0001628280-26-026384.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-026384 |
| 2026-03-31 | 10:14 ET | [DEF 14A](/filings/0001628280-26-022197.md) | Proxy statement, period 2026-05-12 | 0001628280-26-022197 |
| 2026-03-03 | 11:28 ET | [8-K](/filings/0001140361-26-007441.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001140361-26-007441 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-008067.md), filed Feb 13, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 943452
- Tickers: WAB
- Exchange: NYSE
- SIC code: 3743 Railroad Equipment
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:29 ET. No prices; not investment advice.