# WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Q1 P&L / Income Statement

- Company: WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-04-23, accession number 0001628280-25-019005
- Page: https://plicit.ai/financials/wab/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/wab-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total net sales**: 2,610,000,000 US dollars
- **Total cost of sales**: 1,710,000,000 US dollars
- **Gross profit**: 900,000,000 US dollars
- **Total operating expenses**: 426,000,000 US dollars
- **Income from operations**: 474,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 48,000,000 US dollars
- **Income before income taxes**: 426,000,000 US dollars
- **Income tax expense**: 99,000,000 US dollars
- **Net income**: 327,000,000 US dollars
- **Goods revenue**: 2,157,000,000 US dollars
- **Services revenue**: 453,000,000 US dollars
- **Goods cost of revenue**: 1,450,000,000 US dollars
- **Services cost of revenue**: 260,000,000 US dollars
- **Selling, general and administrative expenses**: 307,000,000 US dollars
- **Engineering expenses**: 46,000,000 US dollars
- **Amortization expense**: 73,000,000 US dollars

### 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: $322.00 M; to noncontrolling interests: $5.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/wab/fy2025-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/wab-fy2025-q1-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net sales**: 2,610,000,000 US dollars
- **Total cost of sales**: 1,710,000,000 US dollars
- **Gross profit**: 900,000,000 US dollars
- **Total operating expenses**: 426,000,000 US dollars
- **Income from operations**: 474,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 48,000,000 US dollars
- **Income before income taxes**: 426,000,000 US dollars
- **Income tax expense**: 99,000,000 US dollars
- **Net income**: 327,000,000 US dollars
- **Freight Segment**: 1,901,000,000 US dollars
- **Transit Segment**: 709,000,000 US dollars
- **Selling, general and administrative expenses**: 307,000,000 US dollars
- **Engineering expenses**: 46,000,000 US dollars
- **Amortization expense**: 73,000,000 US dollars
- **Freight Segment costs (calculated)**: 1,481,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Transit Segment costs (calculated)**: 619,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 36,000,000 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: $322.00 M; to noncontrolling interests: $5.00 M.

## Chart details: Revenue by Business Segment by Product and Service

- Page: https://plicit.ai/financials/wab/fy2025-q1-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/wab-fy2025-q1-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-03-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net sales**: 2,610,000,000 US dollars
- **Total cost of sales**: 1,710,000,000 US dollars
- **Gross profit**: 900,000,000 US dollars
- **Total operating expenses**: 426,000,000 US dollars
- **Income from operations**: 474,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 48,000,000 US dollars
- **Income before income taxes**: 426,000,000 US dollars
- **Income tax expense**: 99,000,000 US dollars
- **Net income**: 327,000,000 US dollars
- **Freight Segment - Equipment**: 476,000,000 US dollars
- **Freight Segment - Services**: 863,000,000 US dollars
- **Freight Segment - Components**: 381,000,000 US dollars
- **Freight Segment - Digital Intelligence**: 181,000,000 US dollars
- **Transit Segment - Aftermarket**: 387,000,000 US dollars
- **Transit Segment - Original Equipment Manufacturer**: 322,000,000 US dollars
- **Selling, general and administrative expenses**: 307,000,000 US dollars
- **Engineering expenses**: 46,000,000 US dollars
- **Amortization expense**: 73,000,000 US dollars

### 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: $322.00 M; to noncontrolling interests: $5.00 M.