Wabtec
WAB Industrials Railroads
Wabtec’s revenue for fiscal 2025 (year ended December 2025) was $11.2 billion, up 7.51% from fiscal 2024.
- Revenue
- +17.5%
- EPS
- +18.9%
- Free cash flow
- +122.9%
- Total debt
- +37.4%
Quarter to June 2026, against a year earlier
Follow WAB
Alert me
Wabtec 10-Q filed Oct 21, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 22, 2026: 7 added · 3 removed · 34 modified; 20 with only figures updated
-
Modified · Business Update
Total multi-year backlog increased $
3.54.0 billion during the firstsixnine months of 2026 to a record $30.931.4 billion atJuneSeptember 30, 2026. Significant Freight ordersincluded a multi-year, multi-billion-dollar mining contract for drive systems and aftermarket parts, a $1.0 billion Australian orderduring the first nine months of 2026 included international orders spanningacrossnew locomotives, components, digital solutions, and multi-year services, including a$210 million U.Smulti-year service agreement supporting the Simandou mining project. Other significant Freight orders included a multi-year, multi-billion-dollar mining contract for drive systems and aftermarket parts, new locomotive and modernizationorder, a $184 millionorders in North America across multiple Class 1 customers, an international Positive Train Control (PTC) order, and a$52 millionmining drive systems order in the Asia-Pacific region. We also began executing the first EVO modernization build to support the commercial rollout to the installed base.KeyIn Transitordersduring the firstsixnine months of 2026included $109 million, we were awarded several significant orders across multiple key customers in brakes, couplers, and platform doors.