Westinghouse Air Brake Technologies (WAB) Operating Expenses (2009 - 2026)
Westinghouse Air Brake Technologies (WAB) reported Operating Expenses of $544.0 million for Q1 2026, up 27.7% on a YoY basis from $426.0 million in Q1 2025, and down 10.82% quarter-over-quarter from $610.0 million in Q4 2025.
Westinghouse Air Brake Technologies (WAB) Operating Expenses (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies has reported Operating Expenses for 18 years, with the latest figure at $544.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 27.7% year-over-year to $544.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 19.72% YoY), and the FY2025 full-year result was $2.0 billion, up 14.57% from the prior year.
- Operating Expenses for Q1 2026 stood at $544.0 million, down from $610.0 million in the prior quarter.
- The five-year high for Operating Expenses was $610.0 million in Q4 2025, with the low at $356.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $442.4 million across 5 years, with a median of $426.0 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses increased 0.26% — and 2025, when it soared 31.75%.
- Westinghouse Air Brake Technologies' Operating Expenses stood at $405.0 million in 2022, then gained by 12.59% to $456.0 million in 2023, then grew by 1.54% to $463.0 million in 2024, then soared by 31.75% to $610.0 million in 2025, then fell by 10.82% to $544.0 million in 2026.
- The last three Operating Expenses figures came in at $544.0 million (Q1 2026), $610.0 million (Q4 2025), and $511.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 152.26 Bn | 151.22 Bn | 5.85 Bn | 3.76 Bn |
| 2 | Csx | 84.99 Bn | 83.89 Bn | 3.18 Bn | 2.23 Bn |
| 3 | Norfolk Southern | 67.33 Bn | 65.99 Bn | 2.74 Bn | 2.12 Bn |
| 4 | Canadian Pacific Kansas City | 56.27 Bn | 56.68 Bn | 2.36 Bn | 1.78 Bn |
| 5 | Westinghouse Air Brake Technologies | 46.65 Bn | 46.16 Bn | 1.06 Bn | 544.00 Mn |
| 6 | Trinity Industries | 2.76 Bn | 2.82 Bn | 128.90 Mn | 50.70 Mn |
| 7 | Greenbrier Companies | 1.54 Bn | 1.05 Bn | 69.50 Mn | 57.40 Mn |
| 8 | Foster L B | 438.47 Mn | 435.35 Mn | 25.70 Mn | 23.03 Mn |
| 9 | Rail Vision | 179.83 Mn | 159.33 Mn | 504,000.00 | -6.53 Mn |
| 10 | FreightCar America | 178.32 Mn | 114.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 544.00 Mn |
| Dec 31, 2025 | 610.00 Mn |
| Sep 30, 2025 | 511.00 Mn |
| Jun 30, 2025 | 466.00 Mn |
| Mar 31, 2025 | 426.00 Mn |
| Dec 31, 2024 | 463.00 Mn |
| Sep 30, 2024 | 447.00 Mn |
| Jun 30, 2024 | 444.00 Mn |
| Mar 31, 2024 | 403.00 Mn |
| Dec 31, 2023 | 456.00 Mn |
| Sep 30, 2023 | 422.00 Mn |
| Jun 30, 2023 | 411.00 Mn |
| Mar 31, 2023 | 389.00 Mn |
| Dec 31, 2022 | 405.00 Mn |
| Sep 30, 2022 | 387.00 Mn |
| Jun 30, 2022 | 381.00 Mn |
| Mar 31, 2022 | 356.00 Mn |
| Dec 31, 2021 | 388.00 Mn |
| Sep 30, 2021 | 386.00 Mn |
| Jun 30, 2021 | 377.00 Mn |