StockWatch
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Railroads
Quarterly ResultJul 22, 2026, 07:01 AM

Wabtec Q2 Sales $3.18B, Adj. EPS $2.76; Raises FY26 Guidance

AI Summary

Wabtec reported strong second-quarter 2026 results with sales up 17.5% to $3.18 billion and adjusted diluted EPS increasing 21.6% to $2.76. The company also announced an increase to its full-year 2026 revenue guidance to $12.30-$12.60 billion and adjusted EPS guidance to $10.60-$10.90. Operating margins expanded, and the backlog grew significantly, reflecting robust performance across both Freight and Transit segments.

Key Highlights

  • Q2 2026 Sales increased 17.5% year-over-year to $3.18 billion.
  • Adjusted Diluted EPS for Q2 2026 rose 21.6% year-over-year to $2.76.
  • GAAP Operating Margin for Q2 2026 was 18.9%, up 1.5 percentage points.
  • Total Backlog reached $30.93 billion, a 41.7% increase from prior year.
  • Full-year 2026 revenue guidance raised to $12.30-$12.60 billion.
  • Full-year 2026 adjusted EPS guidance raised to $10.60-$10.90.
  • Freight segment sales grew 16.9% to $2.24 billion in Q2 2026.
  • Transit segment sales increased 18.9% to $936 million in Q2 2026.