Westinghouse Air Brake Technologies annual r&d spending
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Westinghouse Air Brake Technologies R&D Spending Growth & History (WAB)
Westinghouse Air Brake Technologies's r&d spending was $223.0M for fiscal 2025.
View full Westinghouse Air Brake Technologies company overviewWestinghouse Air Brake Technologies annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $223.0M | $17.0M | +8.25% |
| 2024 | 2024-12-31 | $206.0M | −$12.0M | −5.50% |
| 2023 | 2023-12-31 | $218.0M | $9.0M | +4.31% |
| 2022 | 2022-12-31 | $209.0M | $33.0M | +18.75% |
| 2021 | 2021-12-31 | $176.0M | $14.0M | +8.64% |
| 2020 | 2020-12-31 | $162.0M | −$48.0M | −22.86% |
| 2019 | 2019-12-31 | $210.0M | $122.5M | +140.00% |
| 2018 | 2018-12-31 | $87.5M | −$7.7M | −8.09% |
| 2017 | 2017-12-31 | $95.2M | $23.8M | +33.38% |
| 2016 | 2016-12-31 | $71.4M | $162,000 | +0.23% |
| 2015 | 2015-12-31 | $71.2M | $9.3M | +15.07% |
| 2014 | 2014-12-31 | $61.9M | $15.6M | +33.69% |
| 2013 | 2013-12-31 | $46.3M | $5.0M | +12.06% |
| 2012 | 2012-12-31 | $41.3M | $4.1M | +11.06% |
| 2011 | 2011-12-31 | $37.2M | −$3.0M | −7.49% |
| 2010 | 2010-12-31 | $40.2M | −$2.2M | −5.29% |
| 2009 | 2009-12-31 | $42.4M | $3.5M | +8.89% |
| 2008 | 2008-12-31 | $39.0M | — | — |
Westinghouse Air Brake Technologies quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $70.0M | $20.0M | +40.00% |
| Q1 2026 | 2026-03-31 | $56.0M | $10.0M | +21.74% |
| Q4 2025 | 2025-12-31 | $68.0M | $17.0M | +33.33% |
| Q3 2025 | 2025-09-30 | $59.0M | $9.0M | +18.00% |
| Q2 2025 | 2025-06-30 | $50.0M | −$7.0M | −12.28% |
| Q1 2025 | 2025-03-31 | $46.0M | −$2.0M | −4.17% |
| Q4 2024 | 2024-12-31 | $51.0M | −$10.0M | −16.39% |
| Q3 2024 | 2024-09-30 | $50.0M | −$3.0M | −5.66% |
| Q2 2024 | 2024-06-30 | $57.0M | $4.0M | +7.55% |
| Q1 2024 | 2024-03-31 | $48.0M | −$3.0M | −5.88% |
| Q4 2023 | 2023-12-31 | $61.0M | $1.0M | +1.67% |
| Q3 2023 | 2023-09-30 | $53.0M | −$1.0M | −1.85% |
| Q2 2023 | 2023-06-30 | $53.0M | $3.0M | +6.00% |
| Q1 2023 | 2023-03-31 | $51.0M | $6.0M | +13.33% |
| Q4 2022 | 2022-12-31 | $60.0M | $8.0M | +15.38% |
| Q3 2022 | 2022-09-30 | $54.0M | $10.0M | +22.73% |
| Q2 2022 | 2022-06-30 | $50.0M | $8.0M | +19.05% |
| Q1 2022 | 2022-03-31 | $45.0M | $7.0M | +18.42% |
| Q4 2021 | 2021-12-31 | $52.0M | $13.7M | +35.77% |
| Q3 2021 | 2021-09-30 | $44.0M | $7.5M | +20.55% |
| Q2 2021 | 2021-06-30 | $42.0M | $3.8M | +9.95% |
| Q1 2021 | 2021-03-31 | $38.0M | −$11.0M | −22.45% |
| Q4 2020 | 2020-12-31 | $38.3M | −$21.4M | −35.85% |
| Q3 2020 | 2020-09-30 | $36.5M | −$22.1M | −37.71% |
| Q2 2020 | 2020-06-30 | $38.2M | −$19.0M | −33.22% |
| Q1 2020 | 2020-03-31 | $49.0M | $14.5M | +42.03% |
| Q4 2019 | 2019-12-31 | $59.7M | $33.7M | +129.94% |
| Q3 2019 | 2019-09-30 | $58.6M | $38.5M | +191.54% |
| Q2 2019 | 2019-06-30 | $57.2M | $37.8M | +195.03% |
| Q1 2019 | 2019-03-31 | $34.5M | $12.5M | +56.47% |
| Q4 2018 | 2018-12-31 | $26.0M | $2.3M | +9.60% |
| Q3 2018 | 2018-09-30 | $20.1M | −$4.6M | −18.65% |
| Q2 2018 | 2018-06-30 | $19.4M | −$4.0M | −16.93% |
| Q1 2018 | 2018-03-31 | $22.0M | −$1.4M | −6.03% |
| Q4 2017 | 2017-12-31 | $23.7M | $4.6M | +24.00% |
| Q3 2017 | 2017-09-30 | $24.7M | $8.4M | +51.69% |
| Q2 2017 | 2017-06-30 | $23.3M | $5.3M | +29.45% |
| Q1 2017 | 2017-03-31 | $23.5M | $5.5M | +30.70% |
| Q4 2016 | 2016-12-31 | $19.1M | −$257,000 | −1.33% |
| Q3 2016 | 2016-09-30 | $16.3M | −$950,000 | −5.51% |
| Q2 2016 | 2016-06-30 | $18.0M | $279,000 | +1.57% |
| Q1 2016 | 2016-03-31 | $18.0M | $1.1M | +6.46% |
| Q4 2015 | 2015-12-31 | $19.4M | $1.0M | +5.64% |
| Q3 2015 | 2015-09-30 | $17.2M | $848,000 | +5.17% |
| Q2 2015 | 2015-06-30 | $17.8M | $3.5M | +24.82% |
| Q1 2015 | 2015-03-31 | $16.9M | $3.9M | +30.26% |
| Q4 2014 | 2014-12-31 | $18.3M | $5.6M | +43.70% |
| Q3 2014 | 2014-09-30 | $16.4M | $5.5M | +50.09% |
| Q2 2014 | 2014-06-30 | $14.2M | $2.9M | +26.07% |
| Q1 2014 | 2014-03-31 | $12.9M | $1.6M | +14.22% |
| Q4 2013 | 2013-12-31 | $12.8M | $2.5M | +24.31% |
| Q3 2013 | 2013-09-30 | $10.9M | $168,000 | +1.56% |
| Q2 2013 | 2013-06-30 | $11.3M | $1.1M | +11.19% |
| Q1 2013 | 2013-03-31 | $11.3M | $1.2M | +11.68% |
| Q4 2012 | 2012-12-31 | $10.3M | $981,000 | +10.57% |
| Q3 2012 | 2012-09-30 | $10.8M | $859,000 | +8.68% |
| Q2 2012 | 2012-06-30 | $10.1M | $1.0M | +11.09% |
| Q1 2012 | 2012-03-31 | $10.1M | $1.3M | +14.19% |
| Q4 2011 | 2011-12-31 | $9.3M | −$442,000 | −4.55% |
| Q3 2011 | 2011-09-30 | $9.9M | $532,000 | +5.68% |
| Q2 2011 | 2011-06-30 | $9.1M | −$1.3M | −12.40% |
| Q1 2011 | 2011-03-31 | $8.9M | −$1.8M | −16.90% |
| Q4 2010 | 2010-12-31 | $9.7M | — | — |
| Q3 2010 | 2010-09-30 | $9.4M | −$795,000 | −7.83% |
| Q2 2010 | 2010-06-30 | $10.4M | −$340,000 | −3.16% |
| Q1 2010 | 2010-03-31 | $10.7M | — | — |
| Q3 2009 | 2009-09-30 | $10.2M | — | — |
| Q2 2009 | 2009-06-30 | $10.8M | — | — |
Westinghouse Air Brake Technologies r&d spending trends
Over the last five fiscal years, Westinghouse Air Brake Technologies's r&d spending increased from $162.0M to $223.0M, a change of $61.0M. The latest reported quarter, Q2 2026, shows $70.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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