| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 3.0K | 13.0% |
| Total Income | 3.0K | 13.0% |
| Expenditure | 2.4K | 13.9% |
| PBT | 469.00 | 10.1% |
| Net Profit | 362.00 | 12.4% |
| OPM | 17.52% | 0.64pp |
| NPM | 12.27% | 0.07pp |
| EPS | 2.12 | 12.8% |
Wabtec Reports Q1 2026: Sales $2.95B, Up 13.0% YOY
22 Apr 2026 · 22 Apr, 4:32 pm
Summary
Wabtec reported a strong start to 2026 with double-digit sales and adjusted EPS growth. First quarter sales were $2.95 billion, a 13.0% increase compared to the previous year. GAAP earnings per share were $2.12, up 12.8%, and adjusted earnings per share were $2.71, up 18.9%. The company's backlog remains strong at $30.80 billion. Wabtec raised its 2026 adjusted EPS guidance range to $10.25 - $10.65.
Key Highlights
- 1
Wabtec's sales grew by 13.0% to $2.95 billion, driven by both the Freight and Transit segments.
- 2
GAAP earnings per share increased by 12.8% to $2.12, while adjusted earnings per share rose by 18.9% to $2.71.
- 3
The company's multi-year backlog stands strong at $30.80 billion, with 12-month backlog growth at 12.8%.
- 4
GAAP operating margin was 17.5%, while adjusted operating margin increased by 0.2 points to 21.9%.
- 5
Freight segment sales increased by 11.3%, with equipment sales up 52.5% and digital sales up 75.7%.
- 6
Transit segment sales increased by 17.8%, driven by the acquisition of Dellner, higher OE and aftermarket sales, and favorable foreign currency exchange.
- 7
Wabtec raised its 2026 adjusted EPS guidance range to $10.25 - $10.65, an increase of $0.20 at the midpoint.
Management Comments
Rafael Santana
Wabtec delivered a strong start to 2026, with solid first quarter execution across our businesses driving double digit sales and adjusted EPS growth.
Rafael Santana
During the quarter we secured significant wins across multiple businesses, executed integration plans for our recent acquisitions, advanced key innovation initiatives, and further strengthened our portfolio, reinforcing Wabtec’s position as a leading industrial technology company.
Rafael Santana
With a strong pipeline of opportunities that continues to strengthen our visibility, a resilient installed base, and a committed global team, we remain well positioned to deliver profitable growth and continue compounding long-term value for our shareholders.
Informational and educational content only. Not investment advice.