# Wabtec Q3 2026 Earnings Beat

> Wabtec raises full-year EPS guidance to $10.85-$11.05 as margin hits 22.9% and backlog tops $31 billion.
- Title: Wabtec Q3 2026 Earnings Beat · BigGo Finance | Shortify
- Summary: Wabtec raises full-year EPS guidance to $10.85-$11.05 as margin hits 22.9% and backlog tops $31 billion. Wabtec reported Q3 2026 results beating expectations…
- Keywords: wabtec, q3 2026, eps, margin, backlog, revenue, operating margin, integration 3.0, finance, markets, 2026, Earnings
- Source: BigGo Finance — https://finance.biggo.com/news/US_WAB_2026-10-21
- Author: BigGo Finance
- Published: 2026-10-21T15:14:15+00:00
- Read time: 1 min
- Topics: wabtec, q3 2026, eps, margin, backlog, revenue, operating margin, integration 3.0, finance, markets
## Q3 2026 Results
Wabtec reported third-quarter 2026 results beating expectations with $3.12 billion revenue up 8.1% and adjusted EPS of $2.83 up 22%.
## Margin Expansion
Adjusted operating margin expanded 1.9 percentage points to 22.9% driven by operational excellence, Integration 3.0 savings, and favorable product mix.
## Segment Performance
Freight segment margin reached 26.4% while Transit hit 18.1% with both segments showing margin expansion.
## Full-Year Guidance
Wabtec raised full-year adjusted EPS guidance to $10.85-$11.05, up 22% at the midpoint, while maintaining revenue guidance.
## Backlog Strength
12-month backlog up 8.8% to $8.99 billion with multi-year backlog exceeding $31 billion, up 22.9%.
## International Orders
Wabtec secured $1 billion in international locomotive and service orders including significant awards in Africa and Brazil.
## North American Orders
Converted over $600 million of pipeline opportunities into new locomotive and modernization orders from two Class I customers.
## CFO Statement
CFO John Olin called margin expansion 'very sustainable' and expects Q4 margin expansion to be higher than Q3.

> very sustainable
## Q4 Outlook
Wabtec expects adjusted EPS to be $0.20 higher than Q3 with Q4 margin expansion higher than Q3 due to diminishing tariff headwinds.
## Key takeaway

Wabtec reported Q3 2026 results beating expectations with $3.12 billion revenue, $2.83 adjusted EPS, and 22.9% operating margin, raising full-year EPS guidance to $10.85-$11.05.