Wabtec income statement

In fiscal 2025, Wabtec reported revenue of $11.17bn, up 7.5% on the year before, operating income of $1.79bn (a 16.1% margin) and net income of $1.17bn, or $6.83 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Wabtec: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	1.4	1.5	2.0	2.4	2.6	3.0	3.3	2.9	3.9	4.4	8.2	7.6	7.8	8.4	9.7	10.4	11.2	12.2
Cost of revenue	1.0	1.1	1.4	1.7	1.8	2.1	2.3	2.0	2.8	3.1	5.9	5.4	5.5	5.8	6.7	7.0	7.4	7.9
Gross profit	0.4	0.4	0.6	0.7	0.8	0.9	1.0	0.9	1.1	1.2	2.3	2.1	2.4	2.5	2.9	3.4	3.8	4.4
Research and development	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.3
Selling, general and administrative	0.2	0.2	0.2	0.2	0.3	0.3	0.3	0.4	0.5	0.6	1.2	0.9	1.0	1.0	1.1	1.2	1.5	1.6
Operating income	0.2	0.2	0.3	0.4	0.4	0.5	0.6	0.5	0.4	0.5	0.7	0.7	0.9	1.0	1.3	1.6	1.8	2.1
Interest expense	−0.0	0.0	0.0	0.0	—	—	—	—	—	—	—	—	—	0.2	0.2	0.2	0.2	0.3
Net interest income	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.0	−0.1	−0.1	−0.1	−0.2	−0.2	−0.2	−0.2	−0.2	—	—	—
Income before tax	0.2	0.2	0.3	0.4	0.4	0.5	0.6	0.4	0.4	0.4	0.4	0.6	0.7	0.9	1.1	1.4	1.6	1.8
Income tax	0.0	0.1	0.1	0.1	0.1	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.2	0.2	0.3	0.3	0.4	0.5
Net income	0.1	0.1	0.2	0.3	0.3	0.4	0.4	0.3	0.3	0.3	0.3	0.4	0.6	0.6	0.8	1.1	1.2	1.4
Diluted EPS	$1.20	$1.28	$1.76	$2.60	$3.01	$3.62	$4.10	$3.34	$2.72	$3.05	$1.84	$2.17	$2.96	$3.46	$4.53	$6.04	$6.83	$8.05
Diluted shares (average)	96m	96m	97m	97m	97m	97m	97m	91m	96m	97m	177m	190m	188m	183m	180m	175m	171m	170m
EBITDA	0.2	0.2	0.3	0.4	0.5	0.6	0.7	0.5	0.5	0.6	1.1	1.2	1.4	1.5	1.8	2.1	2.3	2.7

US$ millions unless shown otherwise. Fiscal quarters.

Wabtec: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	2,583	2,610	2,706	2,886	2,965	2,950	3,179	3,120
Cost of revenue	1,786	1,710	1,768	1,884	1,999	1,889	2,018	1,956
Gross profit	797	900	938	1,002	966	1,061	1,161	1,164
Research and development	51	46	50	59	68	56	70	67
Selling, general and administrative	333	307	347	375	461	401	400	383
Operating income	334	474	472	491	356	517	600	625
Interest expense	53	46	46	65	68	71	80	80
Income before tax	284	426	450	425	291	469	518	557
Income tax	71	99	111	112	87	106	122	146
Net income	212	322	336	310	202	362	395	409
Diluted EPS	$1.24	$1.88	$1.96	$1.81	$1.19	$2.12	$2.33	$2.42
EBITDA	462	594	589	619	492	656	743	767

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Wabtec's SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Wabtec.