WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2026 Q1 P&L / Income Statement

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue and costs use their disclosed categories.

Total net sales

2,950,000,000 US dollars

Total cost of sales

1,889,000,000 US dollars

Gross profit

1,061,000,000 US dollars

Total operating expenses

544,000,000 US dollars

Income from operations

517,000,000 US dollars

Other income (expense), net (calculated)

negative 48,000,000 US dollars

Income before income taxes

469,000,000 US dollars

Income tax expense

106,000,000 US dollars

Net income

363,000,000 US dollars

Product revenue

2,531,000,000 US dollars

Services revenue

419,000,000 US dollars

Product cost of revenue

1,616,000,000 US dollars

Services cost of revenue

273,000,000 US dollars

Selling, general and administrative expenses

401,000,000 US dollars

Engineering expenses

56,000,000 US dollars

Amortization expense

87,000,000 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: $362.00 M; to noncontrolling interests: $1.00 M.