WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP has recently released its 10-Q report, detailing its financial performance and strategic initiatives. The company, headquartered in Pittsburgh, Pennsylvania, provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide. Its products and services are essential for the safe and efficient operation of freight rail, passenger transit vehicles, and other modes of transportation. The company operates in over 50 countries and its products can be found in more than 100 countries around the world.
In the latest 10-Q, WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP reported a series of significant business updates and strategic acquisitions. The company completed the acquisition of Evident’s Inspection Technologies division for approximately $1.788 billion, positioning itself as a global leader in Non-Destructive Testing, Remote Visual Inspection, and Analytical Instruments solutions. Additionally, it announced a definitive agreement to acquire Frauscher Sensor Technology Group, GmbH, a global market leader in train detection and axle counting systems, for approximately €675 million. Another notable acquisition was the purchase of Dellner Couplers for approximately €890 million, a global leader in safety-critical train connection systems and services for passenger rail rolling stock.
In terms of financial performance, the company reported a 8.4% increase in net sales for the three months ended September 30, 2025, totaling $2.89 billion compared to the same period in 2024. The Freight Segment saw a 8.4% increase in net sales, primarily driven by higher North American locomotive deliveries, while the Transit Segment experienced an 8.2% increase in net sales due to higher demand for Aftermarket and Original Equipment Manufacturing products and services. The company's gross profit for the same period increased by 14.4%, reaching $1.002 billion, compared to $880 million in the previous year.
The company also provided insights into its operational efficiency and profitability improvement efforts, including restructuring initiatives aimed at achieving these focus areas. It incurred $21 million of restructuring costs primarily for employee-related costs during the first nine months of 2025. Additionally, the company highlighted potential risks related to future macroeconomic volatility, changes to tariffs and trade policies, supply chain disruptions, and other factors that could impact its operating results.
The market has reacted to these announcements by moving the company's shares 0.96% to a price of $198.00. For more information, read the company's full 10-Q submission here.
