Filing Flows › Westinghouse Air Brake Technologies (WAB) › Q3 2026
Westinghouse Air Brake Technologies (WAB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 21, 2026
Westinghouse Air Brake Technologies (WAB) reported revenue of $3.1B for the third quarter 2026 (Q3 2026), +8% from a year earlier and -2% from the quarter before. Operating margin was 20.0%, net earnings $409M (13.1% of revenue).
Westinghouse Air Brake Technologies, Q3 2026: revenue $3.1B (+8% year over year), operating margin 20.0%, net earnings $409M, operating cash flow $455M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | -2% | +8% |
| Gross profit | $1.2B | +0.3% | +16% |
| Operating profit | $625M | +4% | +27% |
| Net earnings | $409M | +4% | +32% |
| Operating cash flow | $455M | +3% | +24% |
| Free cash flow | $381M | +0.5% | +22% |
What changed
Revenue was $3.1B in Q3 2026, up 8% year over year and down 2% from the previous quarter. Goods was the largest line at 84% of revenue. Goods added $0.20B year over year (up 8%), 86% of the total change.
Gross margin was 37.3%, up 2.6 points from Q3 2025. Operating profit was $0.62B, a 20.0% margin (up 3.0 points year over year). Of the extra revenue versus Q3 2025, 57% reached operating profit, above the 17% margin then. Operating expenses grew 5% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $0.41B, up 32% year over year. The effective tax rate was 26.2%.
Operating cash flow was $0.46B (up 24% year over year), 111% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.12B. Capital expenditures of $0.07B left free cash flow of $0.38B.
Questions
What was Westinghouse Air Brake Technologies' revenue in the third quarter 2026?
Westinghouse Air Brake Technologies (WAB) reported revenue of $3.1B for the third quarter 2026 (Q3 2026), +8% from a year earlier and -2% from the quarter before.
Was Westinghouse Air Brake Technologies profitable in the third quarter 2026?
Operating profit was $625M (20.0% of revenue) and net earnings $409M.
Source: Westinghouse Air Brake Technologies 10-Q on SEC EDGAR.