Westinghouse Air Brake Technologies Corp

Company facts

Industry

Railroad Equipment

Headquarters

Pittsburgh, Pennsylvania

Most recent report

8-K, filed Nov 4, 2026

Incorporated

Delaware

Filings on record

1,004+ filings

On EDGAR

CIK 943452

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 2 of 12 sections worth reading, with 1 positive, 5 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Financial statements and notes carry real numbers: cash down, debt up, big buyback, $1B acquisition, $31.4B backlog.
  Notable

  • Remaining performance obligations totaled $31.4B at Sept 30, 2026, with about 30% expected to become revenue in the next 12 months.
  • Wabtec paid $1.053B for Dellner Couplers in Feb 2026, adding $475M goodwill and $531M intangibles; purchase accounting is still preliminary.

• Management's Discussion (Item 2)

  MD&A contains company-specific financial results, record backlog, acquisition details, and significant buyback activity.
  Positive

  • Record backlog $31.4B, up $4.0B in 2026, signaling strong future demand across Freight and Transit.
  Notable

  • Dellner Couplers acquisition closed Feb 2026 for ~$1.05B, expanding Transit segment capabilities.
  • Interest expense rose 47% YTD to $231M, driven by higher debt balances from recent acquisitions.
  • Stock repurchases jumped to $762M YTD vs $148M last year; $456M remains under $1.2B authorization.
  Negative

  • Increased tariff costs have unfavorably impacted operating results and cash flow for the first nine months of 2026.

What changed: Sep 2026 vs. Jun 2026

About 2% of WAB's Sep 2026 10-Q is new information. 6 paragraphs were added, 138 changed, and 18 removed. Below are the most important lines SECSift identified.

• Item 1 50
• Item 2 50
• Item 4 2
• Item 5 1