Westinghouse Air Brake Technologies (WAB) Research & Development (2009 - 2026)
Westinghouse Air Brake Technologies posted quarterly Research & Development of $56.0 million for Q1 2026, up 21.74% year-on-year from $46.0 million in Q1 2025, and down 17.65% on a QoQ basis from $68.0 million in Q4 2025.
Westinghouse Air Brake Technologies (WAB) has 18 years of Research & Development data on file, last reported at $56.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 21.74% year-over-year to $56.0 million; the trailing twelve-month figure through Mar 2026 stood at $233.0 million (up 14.22% YoY), and the FY2025 full-year result was $223.0 million, up 8.25% from the prior year.
- Research & Development for Q1 2026 stood at $56.0 million, down from $68.0 million in the prior quarter.
- Across five years, Research & Development topped out at $68.0 million in Q4 2025 and bottomed at $45.0 million in Q1 2022.
- The 5-year median for Research & Development is $53.0 million (2023), against an average of $53.6 million.
- The widest annual swing landed in 2024, when Research & Development slipped 16.39%; it then jumped 33.33% in 2025.
- A 5-year view of Research & Development shows it stood at $60.0 million in 2022, then climbed by 1.67% to $61.0 million in 2023, then fell by 16.39% to $51.0 million in 2024, then surged by 33.33% to $68.0 million in 2025, then decreased by 17.65% to $56.0 million in 2026.
- The last three Research & Development figures came in at $56.0 million (Q1 2026), $68.0 million (Q4 2025), and $59.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 155.75 Bn | 154.71 Bn | 5.85 Bn | - |
| 2 | Csx | 84.18 Bn | 83.08 Bn | 3.18 Bn | - |
| 3 | Norfolk Southern | 68.46 Bn | 67.12 Bn | 2.74 Bn | - |
| 4 | Canadian Pacific Kansas City | 58.41 Bn | 58.81 Bn | 2.36 Bn | - |
| 5 | Westinghouse Air Brake Technologies | 44.40 Bn | 43.91 Bn | 1.06 Bn | 56.00 Mn |
| 6 | Trinity Industries | 2.59 Bn | 2.65 Bn | 128.90 Mn | - |
| 7 | Greenbrier Companies | 1.46 Bn | 968.55 Mn | 69.50 Mn | - |
| 8 | Foster L B | 419.50 Mn | 416.39 Mn | 25.70 Mn | - |
| 9 | FreightCar America | 145.10 Mn | 80.80 Mn | - | - |
| 10 | Swvl Holdings | 18.35 Mn | 13.93 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.00 Mn |
| Dec 31, 2025 | 68.00 Mn |
| Sep 30, 2025 | 59.00 Mn |
| Jun 30, 2025 | 50.00 Mn |
| Mar 31, 2025 | 46.00 Mn |
| Dec 31, 2024 | 51.00 Mn |
| Sep 30, 2024 | 50.00 Mn |
| Jun 30, 2024 | 57.00 Mn |
| Mar 31, 2024 | 48.00 Mn |
| Dec 31, 2023 | 61.00 Mn |
| Sep 30, 2023 | 53.00 Mn |
| Jun 30, 2023 | 53.00 Mn |
| Mar 31, 2023 | 51.00 Mn |
| Dec 31, 2022 | 60.00 Mn |
| Sep 30, 2022 | 54.00 Mn |
| Jun 30, 2022 | 50.00 Mn |
| Mar 31, 2022 | 45.00 Mn |
| Dec 31, 2021 | 52.00 Mn |
| Sep 30, 2021 | 44.00 Mn |
| Jun 30, 2021 | 42.00 Mn |
| Mar 31, 2021 | 38.00 Mn |
| Dec 31, 2020 | 38.30 Mn |
| Sep 30, 2020 | 36.50 Mn |
| Jun 30, 2020 | 38.20 Mn |
| Mar 31, 2020 | 49.00 Mn |
| Dec 31, 2019 | 59.70 Mn |
| Sep 30, 2019 | 58.60 Mn |
| Jun 30, 2019 | 57.20 Mn |
| Mar 31, 2019 | 34.50 Mn |
| Dec 31, 2018 | 25.90 Mn |
| Sep 30, 2018 | 20.10 Mn |
| Jun 30, 2018 | 19.39 Mn |
| Mar 31, 2018 | 22.05 Mn |
| Dec 31, 2017 | 23.69 Mn |
| Sep 30, 2017 | 24.71 Mn |
| Jun 30, 2017 | 23.34 Mn |
| Mar 31, 2017 | 23.46 Mn |
| Dec 31, 2016 | 19.13 Mn |
| Sep 30, 2016 | 16.29 Mn |
| Jun 30, 2016 | 18.03 Mn |
| Mar 31, 2016 | 17.95 Mn |
| Dec 31, 2015 | 19.35 Mn |
| Sep 30, 2015 | 17.24 Mn |
| Jun 30, 2015 | 17.75 Mn |
| Mar 31, 2015 | 16.86 Mn |
| Dec 31, 2014 | 18.34 Mn |
| Sep 30, 2014 | 16.39 Mn |
| Jun 30, 2014 | 14.22 Mn |
| Mar 31, 2014 | 12.95 Mn |
| Dec 31, 2013 | 12.77 Mn |
| Sep 30, 2013 | 10.92 Mn |
| Jun 30, 2013 | 11.28 Mn |
| Mar 31, 2013 | 11.33 Mn |
| Dec 31, 2012 | 10.26 Mn |
| Sep 30, 2012 | 10.75 Mn |
| Jun 30, 2012 | 10.15 Mn |
| Mar 31, 2012 | 10.15 Mn |
| Dec 31, 2011 | 9.28 Mn |
| Sep 30, 2011 | 9.89 Mn |
| Jun 30, 2011 | 9.13 Mn |
| Mar 31, 2011 | 8.89 Mn |
| Dec 31, 2010 | 9.72 Mn |
| Sep 30, 2010 | 9.36 Mn |
| Jun 30, 2010 | 10.43 Mn |
| Mar 31, 2010 | 10.70 Mn |
| Dec 31, 2009 | 10.97 Mn |
| Sep 30, 2009 | 10.16 Mn |
| Jun 30, 2009 | 10.77 Mn |