Westinghouse Air Brake Technologies Corporation earnings overview

WAB FY2026 Q2 · Calendar Q3 2026

Westinghouse Air Brake Technologies Corporation

Wabtec delivered a strong Q2 2026 with sales of $3.2 billion (+17.5% YoY) and adjusted EPS up 22% YoY, beating consensus on both revenue ($3.18B vs. $3.07B estimate) and EPS ($2.76 vs. $2.60 estimate). The company raised full-year 2026 guidance to a revenue midpoint of $12.5 billion and adjusted EPS of $10.60-$10.90, driven by robust backlog growth (multi-year backlog up 42% YoY), margin expansion from Integration 3.0 productivity initiatives, and significant new orders including a $1 billion Australian contract. The stock surged approximately 10% on the report, reflecting investor confidence in the growth trajectory and accelerating margin improvement outlook.