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Wabtec WAB Services — Cost of Product and Service Sold

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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 ratio-0.3×

Where this comes from

Reported directly by Wabtec in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 services — cost of product and service sold?
Wabtec (WAB) reported services — cost of product and service sold of $273M in Q1 2026.
How has Wabtec's services — cost of product and service sold changed year-over-year?
Wabtec's services — cost of product and service sold increased by 5.0% year-over-year, from $260M to $273M.
What is the long-term trend for Wabtec's services — cost of product and service sold?
Over 4 years (2021 to 2025), Wabtec's services — cost of product and service sold has grown at a 5.3% compound annual growth rate (CAGR), from $908M to $1.12B.
What does services — cost of product and service sold mean?
This metric captures the direct costs associated with delivering maintenance, repair, and aftermarket support services, including labor, parts, and logistics expenses. It serves as a primary measure of operational efficiency within the service segment by highlighting the cost structure required to sustain the installed equipment base. Monitoring this helps evaluate the profitability of service contracts and the effectiveness of supply chain management for spare parts.