Westinghouse Air Brake Technologies revenue and financials
$291.16Change from previous close: −0.24%Absolute change: −$0.70
In the fiscal year ended December 2025, Westinghouse Air Brake Technologies reported revenue of $11.17B (+7.51% year over year). Net income was $1.17B, a net margin of 10.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.51%
- 2025 vs 2024
- Net income growth
- +10.80%
- 2025 vs 2024
- Net margin
- 10.5%
- 2024: 10.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 441 | 199 | 992 | 367 | 209 | 191 | 723 | 542 | 235 | 334 | 686 | 425 |
| Depreciation and amortization | 133 | 129 | 128 | 114 | 105 | 110 | 116 | 123 | 106 | 112 | 131 | 114 |
| Capital expenditure | -62.0 | -46.0 | -122 | -55.0 | -39.0 | -44.0 | -84.0 | -46.0 | -46.0 | -31.0 | -77.0 | -39.0 |
| Investing cash flow | -55.0 | -1,105 | -860 | -1,789 | -54.0 | -44.0 | -237 | -49.0 | -38.0 | -19.0 | -156 | -43.0 |
| Financing cash flow | -248 | 656 | 124 | 453 | 626 | -172 | -162 | -686 | -234 | -289 | -310 | -353 |
| Dividends paid | -53.0 | -53.0 | -43.0 | -43.0 | -44.0 | -43.0 | -34.0 | -35.0 | -35.0 | -36.0 | -31.0 | -30.0 |
| Share repurchases | -216 | -295 | -76.0 | 0.0 | -55.0 | -132 | -124 | -600 | -200 | -198 | -157 | -1.0 |
| Debt issued | 903 | 1,682 | 851 | 1,668 | 1,993 | 196 | 386 | 69.0 | 836 | 967 | 1,212 | 1,387 |
| Debt repaid | -866 | -670 | -602 | -1,168 | -1,262 | -192 | -388 | -73.0 | -836 | -1,025 | -1,219 | -1,712 |
| Effect of exchange rates | 1.0 | -8.0 | 5.0 | -2.0 | 20.0 | 8.0 | -19.0 | 8.0 | -7.0 | -7.0 | 8.0 | -8.0 |
| Net change in cash | 139 | -258 | 261 | -971 | 801 | -17.0 | 305 | -185 | -44.0 | 19.0 | 228 | 21.0 |
| Free cash flow | 379 | 153 | 870 | 312 | 170 | 147 | 639 | 496 | 189 | 303 | 609 | 386 |
| Levered free cash flow | 251 | 19.6 | 655 | 177 | 273 | 121 | 519 | 464 | 57.0 | 228 | 410 | 324 |