Wabtec beats first quarter 2026 estimates with 13% revenue growth and raises full-year EPS guidance.

Wabtec reported first quarter 2026 revenue of $2.95 billion, an increase of 13.0% year-over-year, and adjusted EPS of $2.71, up 18.9% from the prior year, beating consensus estimates.

Key Highlights

• The company's total multi-year backlog expanded significantly to $30.8 billion, a 38.1% increase year-over-year, driven by strong order intake.
• Wabtec raised its full-year 2026 adjusted EPS guidance to a new range of $10.25 to $10.65, while reaffirming its revenue forecast of $12.19 billion to $12.49 billion.
• Revenue growth was driven by both segments, with Freight sales up 11.3% to $2.12 billion and Transit sales up 17.8% to $835 million, the latter aided by acquisitions and favorable currency exchange.