R&D expense · 2011–2025

Westinghouse Air Brake Technologies R&D expense

$223M+8.3% · FY2025

Westinghouse Air Brake Technologies (WAB) reported $223M in R&D expense for fiscal 2025, +8.3% year on year.

$37.2M2011$41.3M2012$46.3M2013$61.9M2014$71.2M2015$71.4M2016$95.2M2017$87.5M2018$210M2019$162M2020$176M2021$209M2022$218M2023$206M2024$223M2025
Westinghouse Air Brake Technologies — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$223M+8.3%Open →
FY20242024-12-31$206M−5.5%Open →
FY20232023-12-31$218M+4.3%Open →
FY20222022-12-31$209M+18.8%Open →
FY20212021-12-31$176M+8.6%Open →
FY20202020-12-31$162M−22.9%Open →
FY20192019-12-31$210M+140.0%Open →
FY20182018-12-31$87.5M−8.1%Open →
FY20172017-12-31$95.2M+33.4%Open →
FY20162016-12-31$71.4M+0.2%Open →
FY20152015-12-31$71.2M+15.1%Open →
FY20142014-12-31$61.9M+33.7%Open →
FY20132013-12-31$46.3M+12.1%Open →
FY20122012-12-31$41.3M+11.1%Open →
FY20112011-12-31$37.2M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +13.6%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Westinghouse Air Brake Technologies R&D expense |url=https://companiesranked.com/en/company/westinghouse-air-brake-technologies/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Westinghouse Air Brake Technologies R&D expense. CompaniesRanked. https://companiesranked.com/en/company/westinghouse-air-brake-technologies/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-westinghouse-air-brake-technologies-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Westinghouse Air Brake Technologies R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/westinghouse-air-brake-technologies/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-008067 · February 13, 2026

{{cite web |title=Westinghouse Air Brake Technologies R&D expense — 10-K (0001628280-26-008067) |url=https://www.sec.gov/Archives/edgar/data/943452/000162828026008067/wab-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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