Westinghouse Air Brake Technologies WAB
NYSE WAB
$280.42 -4.03 (-1.42%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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