Wabtec (WAB)
Builds rail locomotives, transit systems and recurring aftermarket services worldwide.
$286.40
vs last close+3.02 (+1.07%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,550 | 2,526 | 2,497 | 2,644 | 2,663 | 2,583 | 2,610 | 2,706 | 2,886 | 2,965 | 2,950 | 3,179 |
| Cost of revenue | 1,758 | 1,762 | 1,682 | 1,770 | 1,783 | 1,786 | 1,710 | 1,768 | 1,884 | 2,076 | 1,889 | 2,018 |
| Gross profit | 792 | 764 | 815 | 874 | 880 | 797 | 900 | 938 | 1,002 | 889 | 1,061 | 1,161 |
| 422 | 456 | 403 | 444 | 447 | 463 | 426 | 466 | 511 | 516 | 544 | 561 | |
| Research & development | 53 | 61 | 48 | 57 | 50 | 51 | 46 | 50 | 59 | 68 | 56 | 56 |
| 295 | 296 | 281 | 316 | 318 | 333 | 307 | 347 | 375 | 448 | 401 | 400 | |
| Selling & marketing | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 314 | 0 | 0 | 0 | 0 | 0 | 0 | 401 | 0 |
| Other expenses | 74 | 99 | 74 | 71 | 79 | 79 | 73 | 69 | 77 | 0 | 87 | 105 |
| Operating income | 370 | 308 | 412 | 430 | 433 | 334 | 474 | 472 | 491 | 373 | 517 | 600 |
| −50 | −28 | −49 | −45 | −55 | −50 | −48 | −22 | −66 | −82 | −48 | −82 | |
| Interest expense | 60 | 55 | 47 | 49 | 52 | 53 | 46 | 46 | 65 | 68 | 71 | 75 |
| Other non-operating income | −10 | −27 | 2 | −4 | 3 | −3 | 2 | −24 | 1 | 14 | 23 | 2 |
| Income before tax | 320 | 280 | 363 | 385 | 378 | 284 | 426 | 450 | 425 | 291 | 469 | 518 |
| Income tax expense | 78 | 63 | 86 | 94 | 92 | 71 | 99 | 111 | 112 | 87 | 106 | 122 |
| Net income from continuing operations | 242 | 217 | 277 | 291 | 286 | 213 | 327 | 339 | 313 | 204 | 363 | 396 |
| Net income | 240 | 215 | 272 | 289 | 283 | 212 | 322 | 336 | 310 | 202 | 362 | 395 |
| EPS, basic | $1.34 | $1.21 | $1.54 | $1.64 | $1.63 | $1.24 | $1.88 | $1.96 | $1.81 | $1.19 | $2.12 | $2.33 |
| EPS, diluted | $1.34 | $1.20 | $1.53 | $1.64 | $1.63 | $1.23 | $1.88 | $1.96 | $1.81 | $1.18 | $2.12 | $2.33 |
| Weighted average shares, basic | 179 | 178 | 177 | 175 | 173 | 171 | 171 | 171 | 171 | 170 | 170 | 170 |
| Weighted average shares, diluted | 179 | 179 | 177 | 176 | 174 | 172 | 171 | 171 | 171 | 171 | 171 | 170 |
| EBITDA | 492 | 480 | 522 | 540 | 553 | 455 | 582 | 601 | 640 | 495 | 581 | 731 |
| Depreciation & amortization | 112 | 145 | 112 | 106 | 123 | 118 | 110 | 105 | 150 | 136 | 87 | 133 |
| EBIT | 380 | 335 | 410 | 434 | 430 | 337 | 472 | 496 | 490 | 359 | 494 | 598 |
