StockWatch
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Railroads
Quarterly ResultJul 22, 2026, 12:02 PM

Wabtec Q2 Net Sales Up 17.5% to $3.18B; EPS $2.33

AI Summary

Wabtec reported strong second-quarter results with net sales increasing by 17.5% to $3.18 billion and diluted EPS rising to $2.33. The company also saw significant growth in net income and operating cash flow for the first half of 2026. Strategic acquisitions, including Dellner Couplers for $1.053 billion in February 2026, contributed to an expanded portfolio and a robust backlog of $30.9 billion.

Key Highlights

  • Q2 2026 net sales increased 17.5% to $3.18 billion.
  • Q2 2026 net income attributable to shareholders rose 17.6% to $395 million.
  • Q2 2026 diluted EPS was $2.33, up 18.9% from $1.96.
  • H1 2026 net cash provided by operating activities was $640 million, up 60%.
  • Acquired Dellner Couplers for $1.053 billion in February 2026.
  • Remaining performance obligations (backlog) reached $30.9 billion.
  • Total assets increased to $23.13 billion from $22.07 billion.