WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Q1 P&L / Income Statement
2025-01-01 to 2025-03-31
Revenue by Business Segment by Product and Service
2025-01-01 to 2025-03-31
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WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2025 Q1 P&L / Income Statement
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
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- 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.

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Gross margin
34.5%
Gross profit / revenue
Operating margin
18.2%
Operating profit / revenue
Cash conversion
58.4%
Operating cash / net income, same period
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