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
DateValue
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