WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2026 YTD Q2 P&L / Income Statement

Revenue by Business Segment

2026-01-01 to 2026-06-30

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WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETFreight SegmentTransit SegmentTotal net salesGross profitTotal cost of salesIncome from operationsTotal operating expensesSelling, general and administrative expensesAmortization expenseEngineering expensesIncome before income taxesOther income (expense), net (calculated)Net incomeIncome tax expenseTotal net salesTotal net sales$6.13 BGross profitGross profit$2.22 BIncome from operationsIncome from operations$1.12 BIncome before income taxesPretax income$987.00 MNet incomeNet income$759.00 MTotal operating expensesTotal operatingexpenses$1.11 BFreight SegmentFreight Segment$4.36 BIncome tax expenseIncome tax expense$228.00 MSelling, general and administrative expensesSelling, general andadministrative expenses$801.00 MOther income (expense), net (calculated)Other income,net (calculated)−$130.00 MTotal cost of salesTotal cost of sales$3.91 BAmortization expenseAmortization expense$178.00 MTransit SegmentTransit Segment$1.77 BEngineering expensesEngineering expenses$126.00 M
Chart details

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total net sales
6,129,000,000 US dollars
Total cost of sales
3,907,000,000 US dollars
Gross profit
2,222,000,000 US dollars
Total operating expenses
1,105,000,000 US dollars
Income from operations
1,117,000,000 US dollars
Other income (expense), net (calculated)
negative 130,000,000 US dollars
Income before income taxes
987,000,000 US dollars
Income tax expense
228,000,000 US dollars
Net income
759,000,000 US dollars
Freight Segment
4,358,000,000 US dollars
Transit Segment
1,771,000,000 US dollars
Selling, general and administrative expenses
801,000,000 US dollars
Engineering expenses
126,000,000 US dollars
Amortization expense
178,000,000 US dollars
Freight Segment costs (calculated)
3,404,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Transit Segment costs (calculated)
1,504,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
104,000,000 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: $757.00 M; to noncontrolling interests: $2.00 M.
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION (WAB) FY2026 YTD Q2 Revenue by Business Segment Sankey chart
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Gross margin

36.3%

Gross profit / revenue

Operating margin

18.2%

Operating profit / revenue

Cash conversion

84.3%

Operating cash / net income, same period

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