wab: the income statement

MyFinsight

For the quarter ending 2025-09-30, WAB made $2,886M in revenue. $310M in net income. Net profit margin of 10.74%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total net sales	2,886	2,706	2,610	2,663
Product	1,617	1,481	1,450	1,512
Service	267	287	260	271
Total cost of sales	1,884	1,768	1,710	1,783
Gross profit	1,002	938	900	880
Selling, general and administrative expenses	375	347	307	318
Engineering expenses	59	50	46	50
Amortization expense	77	69	73	79
Total operating expenses	511	466	426	447
Income from operations	491	472	474	433
Interest expense, net	65	46	46	-52
Other (expense) income, net	-1	24	-2	-3
Income before income taxes	425	450	426	378
Income tax expense	112	111	99	92
Net income	313	339	327	286
Less net income attributable to noncontrolling interest	3	3	5	3
Net income attributable to wabtec shareholders	310	336	322	283

Basic (in shares)	170,500,000	170,600,000	170,500,000	173,400,000
Diluted (in shares)	171,100,000	171,200,000	171,300,000	174,100,000
Net income attributable to wabtec shareholders (in dollars per share)	1.81	1.96	1.88	1.63
Net income attributable to wabtec shareholders (in dollars per share)	1.81	1.96	1.88	1.63