Product was Westinghouse Air Brake Technologies’s largest product and service line in fiscal 2025, bringing in $9.26B of $11.17B (83%).
| Product and Service | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $6.46B | $7.65B | $8.43B | $9.26B | |||||||||||||
| Services | $1.90B | $2.03B | $1.95B | $1.91B | |||||||||||||
| Specialty Products & Electronics | — | — | — | — | |||||||||||||
| Brake Products | — | — | — | — | |||||||||||||
| Remanufacturing, Overhaul & Build | — | — | — | — | |||||||||||||
| Transit Products | — | — | — | — | |||||||||||||
| Other Transit Products | — | — | — | — | |||||||||||||
| Other | — | — | — | — | |||||||||||||
| Total | $8.36B | $9.68B | $10.39B | $11.17B |
Westinghouse Air Brake Technologies brought in $11.17B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 7.5% from $10.39B in fiscal 2024. Product was the largest at $9.26B (82.9%), ahead of Services at $1.91B (17.1%).
Compared with fiscal 2024, Product grew 9.8% to $9.26B, while Services fell 2.4% to $1.91B. From fiscal 2022 to 2025, combined revenue from these lines grew from $8.36B to $11.17B, a compound annual growth rate of 10.1%. Product's share of the total rose from 77.2% to 82.9%.
Freight was Westinghouse Air Brake Technologies’s largest segment in fiscal 2025, bringing in $8.04B of $11.17B (72%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Freight | $5.98B | $6.92B | $7.47B | $8.04B | |||||||||||
| Transit | $2.38B | $2.75B | $2.92B | $3.13B | |||||||||||
| Corporate Activities & Elimination | — | — | — | — | |||||||||||
| Total | $8.36B | $9.68B | $10.39B | $11.17B |
Westinghouse Air Brake Technologies brought in $11.17B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 7.5% from $10.39B in fiscal 2024. Freight was the largest at $8.04B (72.0%), ahead of Transit at $3.13B (28.0%).
Compared with fiscal 2024, Freight grew 7.6% to $8.04B and Transit grew 7.3% to $3.13B. From fiscal 2022 to 2025, combined revenue from these segments grew from $8.36B to $11.17B, a compound annual growth rate of 10.1%. Freight's share held steady at about 72.0%.
External Customers was Westinghouse Air Brake Technologies’s largest revenue line in fiscal 2011, bringing in $1.97B of $1.97B (100%).
| Concentration Risk By Benchmark | FY 2011 |
|---|---|
| External Customers | $1.97B |
| Intersegment Sales/(Elimination) | $23.12M |
| Corporate Activities & Elimination | -$23.12M |
| Total | $1.97B |
Westinghouse Air Brake Technologies brought in $1.97B from its three revenue lines in fiscal 2011, the year ended December 31, 2011. External Customers was the largest at $1.97B (100.0%), ahead of Intersegment Sales/(Elimination) at $23.12M (1.2%).
The total is net of Corporate Activities & Elimination, which took $23.12M off revenue in fiscal 2011.
Westinghouse Air Brake Technologies (WAB) reports its revenue by product and service, by segment and by concentration risk by benchmark. In fiscal 2025, Product was its largest product and service line, bringing in $9.26B (82.9% of the total), followed by Services at $1.91B (17.1%).
Product was Westinghouse Air Brake Technologies' largest product and service line in fiscal 2025, bringing in $9.26B, or 82.9% of the $11.17B total across its two product and service lines.
Freight was Westinghouse Air Brake Technologies' largest segment in fiscal 2025, bringing in $8.04B, or 72.0% of the $11.17B total across its two segments.
External Customers was Westinghouse Air Brake Technologies' largest revenue line in fiscal 2011, bringing in $1.97B, or 100.0% of the $1.97B total across its three revenue lines.
Product grew faster than Services in fiscal 2025, up 9.8% from $8.43B to $9.26B. Services fell 2.4% to $1.91B.
Every figure comes from Westinghouse Air Brake Technologies' annual financial filings, as reported. Each line keeps the name Westinghouse Air Brake Technologies gives it, and years follow its fiscal calendar.
Westinghouse Air Brake Technologies' revenue by product and service goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.