WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP is expected to release its Q3 2026 10-Q filing on October 20, 2026, before market open. Last quarter: WAB delivered strong Q2 FY2026 results with net sales up 17.5% YoY to $3.18B, gross margin expanding to 36.5%, and operating income growing 27.1% to $600M, driven by both organic growth (8.5%) and the Dellner Couplers acquisition, though higher debt from the $1.053B Dellner acquisition increased interest expense and leverage.
EPS Estimate
$2.77
Revenue Estimate
$3.19B
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the WAB page.
Drawn from management commentary in the Q2 2026 10-Q:
Total multi-year backlog increased $3.5 billion during the first six months of 2026 to a record $30.9 billion at June 30, 2026, driven by significant orders including a multi-billion-dollar mining contract, a $1.0 billion Australian order for locomotives and services, a $210 million U.S. locomotive modernization order, and a $184 million Positive Train Control (PTC) order.
Wabtec closed its acquisition of Dellner Couplers on February 10, 2026 for approximately $1.053 billion, which contributed $69 million to Transit Segment net sales in Q2 2026 and was funded partly through $1,049 million of net debt inflows during the six months ended June 30, 2026.
Cost of sales as a percentage of Net sales improved to 63.5% in Q2 2026 from 65.3% in Q2 2025, attributable to productivity and efficiency gains, restructuring savings, and accretion from recent acquisitions, partially offset by tariff-driven inflation and unfavorable mix within the Freight Segment.
Revenue
$3.18B
++17.48% YoY
EPS (Basic)
$2.33
++18.88% YoY
Gross Margin
36.5%
++1.86% YoY
Operating Income
$600M
++27.12% YoY
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