How Westinghouse Air Brake Technologies makes money

Period

FY2025

How does Westinghouse Air Brake Technologies make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Westinghouse Air Brake Technologies Corporation · FY2025 · year ended 2025-12-31

Revenue$11.2BGross profit$3.8B · 34%Cost of revenue$7.4B · 66%Operating income$1.8B · 16%Operating expenses$2.0B · 18%R&D$223M · 2%SG&A$1.5B · 13%Other opex$300M · 3%Pre-tax income$1.6B · 14%Other expense$214M · 2%Net income$1.2B · 10%Income tax$409M · 4%Product$9.3B · 83%Service$1.9B · 17%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.