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Wabtec WAB Product — Total Net Sales

Other product segments

Equipment
$726M+52.5%
Aftermarket
$454M+17.3%
Services
$419M-7.5%
Original Equipment Manufacturer
$381M+18.3%
Components
$357M-6.3%
Digital Intelligence
$318M+75.7%

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$2.08B+23.5%
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FSTRSales of goods — Total Net Sales
$105.19M+21.5%

Other financials

Income statement

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Revenue$3.0B+13.0%
Gross profit$1.1B+17.9%
Operating income$517.0M+9.1%
Net income$362.0M+12.4%
EPS (diluted)$2.12+12.8%

Balance sheet

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Cash & equivalents$531.0M-23.9%
Total debt$6.9B+60.5%
Total equity$11.1B+7.1%
Total assets$23.2B+21.5%

Cash flow

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Operating cash flow$199.0M+4.2%
CapEx$46.0M+4.5%
Free cash flow$153.0M+4.1%

Valuation

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Market cap$47.93B+40.0%
Enterprise value$54.31B+43.5%
P/E39.6×+8.7×
P/S4.2×+0.9×

Profitability

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Gross margin34.5%+1.6pp
Operating margin16%0.0pp
Net margin10.5%0.0pp
FCF margin13.1%-0.9pp

Returns & leverage

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Return on equity11.3%+0.7pp
Debt / equity0.6×+0.2×
Current ratio1×-0.3×

Where this comes from

Reported directly by Wabtec in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Wabtec’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wabtec's product — total net sales?
Wabtec (WAB) reported product — total net sales of $2.53B in Q1 2026.
How has Wabtec's product — total net sales changed year-over-year?
Wabtec's product — total net sales increased by 17.3% year-over-year, from $2.16B to $2.53B.
What is the long-term trend for Wabtec's product — total net sales?
Over 4 years (2021 to 2025), Wabtec's product — total net sales has grown at a 10.5% compound annual growth rate (CAGR), from $6.21B to $9.26B.
What does product — total net sales mean?
This metric represents the total revenue generated from the sale of physical goods and manufactured equipment within a specific business segment. It reflects the company's ability to monetize its core manufacturing capabilities and market demand for new hardware and components. This figure is a primary indicator of top-line growth and market penetration for the segment's product offerings.