Wabtec reported second quarter 2026 sales of $3.18 billion, up 17.5% year-over-year, and adjusted EPS of $2.76, an increase of 21.6%. The company's performance exceeded analyst expectations for both revenue and earnings, leading to an increase in its full-year 2026 guidance.
Key Highlights
- Wabtec raised its full-year 2026 sales guidance to a range of $12.30 billion to $12.60 billion and its adjusted EPS guidance to a range of $10.60 to $10.90.
- Sales growth was strong across both segments, with the Freight segment increasing 16.9% to $2.24 billion and the Transit segment rising 18.9% year-over-year.
- The total multi-year backlog grew 41.7% from the prior year to $30.93 billion, while the 12-month backlog increased 11.3% to $9.14 billion.