Wabtec Q3 revenue rockets 8.1% to $3.12 billion

• Wabtec Corporation (NYSE:WAB) reported third-quarter 2026 sales of $3.12 billion, up 8.1% year over year, supported by growth across its Freight and Transit segments.
• GAAP diluted earnings per share increased 33.7% to $2.42, while adjusted EPS rose 22% to $2.83. Adjusted operating margin expanded 1.9 percentage points to 22.9%.
• Wabtec raised and narrowed its full-year 2026 adjusted EPS guidance, projecting approximately 22% growth at the midpoint, following stronger operating performance.

Wabtec Corporation (NYSE:WAB) reported third-quarter 2026 sales of $3.12 billion, up 8.1% year over year, driven by growth across its Freight and Transit businesses.

GAAP diluted earnings increased 33.7% to $2.42 per share, while adjusted diluted earnings rose 22% to $2.83 from approximately $2.32 a year earlier.

GAAP operating margin reached 20%, while adjusted operating margin increased 190 basis points to 22.9%, reflecting improved profitability across the company's operations.

Wabtec raised and tightened its full-year 2026 adjusted EPS guidance, targeting approximately 22% year-over-year earnings growth at the midpoint of the revised forecast.

Operating cash flow reached $455 million during the quarter, providing additional financial resources for investment in technology, operations and other corporate priorities.

The company continues developing equipment, digital systems and transportation technologies for freight rail, passenger transit and industrial customers, supported by demand across its portfolio.