Westinghouse Air Brake Technologies (WAB) Research & Development (2009 - 2026)

Westinghouse Air Brake Technologies (WAB) reported Research & Development of $56.0 million for Q1 2026, up 21.74% on a YoY basis from $46.0 million in Q1 2025, and down 17.65% quarter-over-quarter from $68.0 million in Q4 2025.

Westinghouse Air Brake Technologies (WAB) Research & Development (2009 - 2026) Analysis & Trends

Westinghouse Air Brake Technologies has reported Research & Development for 18 years, with the latest figure 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.
  • The five-year high for Research & Development was $68.0 million in Q4 2025, with the low at $45.0 million in Q1 2022.
  • Historically, Research & Development has averaged $53.6 million across 5 years, with a median of $53.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Research & Development slipped 16.39% — and 2025, when it jumped 33.33%.
  • Westinghouse Air Brake Technologies' Research & Development stood at $60.0 million in 2022, then advanced by 1.67% to $61.0 million in 2023, then declined by 16.39% to $51.0 million in 2024, then jumped by 33.33% to $68.0 million in 2025, then retreated 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 152.26 Bn 151.22 Bn 5.85 Bn -
2 Csx 84.99 Bn 83.89 Bn 3.18 Bn -
3 Norfolk Southern 67.33 Bn 65.99 Bn 2.74 Bn -
4 Canadian Pacific Kansas City 56.27 Bn 56.68 Bn 2.36 Bn -
5 Westinghouse Air Brake Technologies 46.65 Bn 46.16 Bn 1.06 Bn 56.00 Mn
6 Trinity Industries 2.76 Bn 2.82 Bn 128.90 Mn -
7 Greenbrier Companies 1.54 Bn 1.05 Bn 69.50 Mn -
8 Foster L B 438.47 Mn 435.35 Mn 25.70 Mn -
9 Rail Vision 179.83 Mn 159.33 Mn 504,000.00 -3.62 Mn
10 FreightCar America 178.32 Mn 114.02 Mn - -

Historic Data

Download Data
DateValue
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