Westinghouse Air Brake Technologies Corp (NYSE: WAB), known as Wabtec, is a rail and transit equipment company that supplies locomotives, equipment, systems, and services to the global freight rail and passenger transit industries, as well as mining, marine, and industrial markets. Revenue comes from selling highly engineered products and technology-based solutions, along with aftermarket services and digital solutions, to freight railroads, passenger transit operators, and adjacent industrial customers. Wabtec's product portfolio spans most locomotives, freight cars, passenger transit cars, and buses worldwide. The company reached its current scale through two transformative acquisitions: Faiveley Transport and the 2019 acquisition of GE Transportation from General Electric, which added locomotives, mining equipment, and digital solutions. Wabtec's products are designed to improve safety, productivity, and maintenance economics for rail operators. The filing was made on 2026-02-13 for the fiscal year ended in FY2025.

Revenue model

Transactional and service-based revenue from sales of locomotives, rail equipment, and systems, combined with aftermarket services, parts, and digital solutions sold to freight railroads, passenger transit agencies, and industrial customers.

Products and services

Locomotives, freight rail equipment, passenger transit car components, bus components, digital solutions, mining equipment, marine equipment, stationary power equipment, drilling equipment, and aftermarket services. Products are designed to enhance safety, improve productivity, and reduce maintenance costs.

Customers and end markets

Freight railroads, passenger transit agencies, mining companies, marine operators, and industrial and drilling market participants. Operating results are described as largely dependent on the capital spending plans and financial condition of freight railroads and passenger transit operators.

Value-chain role

Original equipment manufacturer and aftermarket service provider. Supplies components, full locomotives, systems, and digital solutions to rail and transit operators. Products are present on most locomotives, freight cars, passenger transit cars, and buses globally.

Geographic exposure

Global operations. Products described as present on most locomotives, freight cars, passenger transit cars, and buses around the world. GE Transportation acquisition added global reach in rail, mining, marine, stationary power, and drilling industries.

Source: SEC 10-K, filed 2026-02-13

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