WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Annual P&L / Income Statement

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total net sales

11,167,000,000 US dollars

Total cost of sales

7,361,000,000 US dollars

Gross profit

3,806,000,000 US dollars

Total operating expenses

2,013,000,000 US dollars

Income from operations

1,793,000,000 US dollars

Other income (expense), net (calculated)

negative 201,000,000 US dollars

Income (loss) before income taxes

1,592,000,000 US dollars

Income tax expense

409,000,000 US dollars

Net income

1,183,000,000 US dollars

Freight Segment

8,036,000,000 US dollars

Transit Segment

3,131,000,000 US dollars

Selling, general and administrative expenses

1,490,000,000 US dollars

Engineering expenses

223,000,000 US dollars

Amortization expense

300,000,000 US dollars

Freight Segment costs (calculated)

6,469,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Transit Segment costs (calculated)

2,709,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

196,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION: $1.17 B; to noncontrolling interests: $13.00 M.