Westinghouse Air Brake Technologies (WAB) Research & Development (2009 - 2026)
Westinghouse Air Brake Technologies' (WAB) quarterly Research & Development came in at $70.0 million in Q2 2026, up 40.0% on a YoY basis from $50.0 million in Q2 2025, and up 25.0% quarter-over-quarter from $56.0 million in Q1 2026.
Analysis
Westinghouse Air Brake Technologies (WAB) Research & Development (2009 - 2026) Analysis & Trends
Westinghouse Air Brake Technologies (WAB) has reported Research & Development for 18 consecutive years, with $70.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 40.0% year-over-year to $70.0 million; the trailing twelve-month figure through Jun 2026 stood at $253.0 million (up 28.43% YoY), and the FY2025 full-year result was $223.0 million, up 8.25% from the prior year.
- Research & Development improved to $70.0 million in Q2 2026 per WAB's latest filing, from $56.0 million in the prior quarter.
- Across five years, Research & Development topped out at $70.0 million in Q2 2026 and bottomed at $45.0 million in Q1 2022.
- Historically, Research & Development has averaged $54.6 million across 5 years, with a median of $53.0 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Research & Development dropped 16.39% in 2024, then surged 40.0% in 2026.
- Over 5 years, Research & Development stood at $60.0 million in 2022, then grew by 1.67% to $61.0 million in 2023, then retreated by 16.39% to $51.0 million in 2024, then soared by 33.33% to $68.0 million in 2025, then gained by 2.94% to $70.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $70.0 million, $56.0 million, and $68.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Westinghouse Air Brake Technologies | 47.56 Bn | 46.89 Bn | 1.16 Bn | 70.00 Mn |
| 2 | Gatx | 6.30 Bn | 6.30 Bn | 555.30 Mn | - |
| 3 | Trinity Industries | 2.24 Bn | 2.09 Bn | 109.90 Mn | - |
| 4 | Triton International | 1.42 Bn | 1.42 Bn | 622,000.00 | - |
| 5 | Greenbrier Companies | 1.32 Bn | 1.05 Bn | 81.10 Mn | - |
| 6 | Foster L B | 390.09 Mn | 384.30 Mn | 30.87 Mn | - |
| 7 | FreightCar America | 214.62 Mn | 150.32 Mn | - | - |
| 8 | GenFlat Holdings | 47.31 Mn | 43.30 Mn | -32,922.00 | 11,016.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.00 Mn |
| 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 |