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WAB News
WAB Events
Company's Multi-Year Backlog Increases 21.4% Year-Over-Year
The company's multi-year backlog continues to provide strong visibility. At September 30, 2026, the 12-month backlog was $0.73B higher than the prior year period. At September 30, 2026, the multi-year backlog was $5.86B higher than the prior year period, and excluding foreign currency exchange, the multi-year backlog was $5.46B higher, up 21.4%.
Wabtec Q3 Revenue at $3.12B, Below Consensus
Reports Q3 revenue $3.12B, consensus $3.2B. "Wabtec delivered another strong quarter, evidenced by sales growth, margin expansion and a 22% increase in adjusted EPS," said Rafael Santana, Wabtec's Chairman and CEO. "The strength of our performance reflects our momentum across the portfolio, disciplined execution by our teams, and the continued success of our strategic actions. These actions enhance our growth profile, expand margins, and increase the earnings power of the company. Our teams continue to translate healthy customer demand into profitable growth while investing in technologies that will advance the future of transportation. These investments are strengthening our competitive position and reinforcing Wabtec as a leading Industrial Technology Company."
Wabtec Expects FY26 Revenue Between $12.3B and $12.6B
FY26 consensus $10.87. For the full year 2026, Wabtec continues to expect revenues to be between $12.3B-$12.6B, up 11.5% at the midpoint versus prior year. FY26 consensus $12.55B.
Union Pacific Railroad Introduces Two Battery-Electric Locomotives
Union Pacific Railroad (UNP) announced the arrival of two battery-electric locomotives in Southern California, part of the company's ongoing investments in testing next-generation technologies in real-world, operating environments. The locomotives are the first of four FLXdrive battery-electric units built by Wabtec (WAB) and ordered by Union Pacific. Two additional locomotives are scheduled to arrive in October, completing the four-unit fleet that will operate in the Greater Los Angeles area. "Union Pacific has never been content to stand still. Our industry is constantly evolving, and if we're not exploring what's next, we risk being left behind," said Union Pacific CEO Jim Vena. "Testing technologies like battery-electric locomotives help us to better understand what's possible by putting these emerging technologies to work in actual railroad operations."
Wabtec Stock Rises 11.5% to $293.75
Wabtec is up 11.5%, or $30.22 to $293.75.
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