10-Q quarterly report · filed Apr 22, 2026

Wabtec (WAB) Q1 2026 10-Q Quarterly Report

Short answer

Wabtec (WAB) filed its Q1 2026 10-Q quarterly report on Apr 22, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $3.0B (up 13.0% year over year) with net income of $362M.

Q1 2026 key financials · XBRL

Revenue
$3.0B
+13.0% YoY
Net income
$362M
+12.4% YoY
Operating margin
17.5%
Gross margin
36.0%
EPS (diluted)
$2.12
+12.8% YoY

Source: XBRL data from the Wabtec (WAB) Q1 2026 10-Q on SEC EDGAR. USD.

Wabtec Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $2.95B, up 13.0% YoY from $2.61B
  • Operating margin 17.5% vs 18.2% YoY; gross margin 36.0% vs 34.5%
  • Best segment Transit revenue $835M, up 17.8%; operating margin 14.5% vs 12.7%
  • Worst product line Freight Services, down $154M organically; Digital Intelligence down $50M
  • Operating cash flow $199M vs $191M; $1.062B acquisitions, $242M stock repurchases, $53M dividends
  • $531M cash, cash equivalents and restricted cash; tariff costs pressured operations and cash flow, with 2026 impact unpredictable

Risk Factors

  • No material changes in risk factors from the December 31, 2025 Form 10-K
  • Carried-forward risks remain the applicable regulatory, operational, competitive, and market exposures
  • Stock-repurchase authorization increased to $1.2 billion on February 6, 2026
  • Repurchases totaled 977,379 shares at an average $247.82 during the quarter
  • Remaining repurchase capacity $975 million as of March 31, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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