Company / R&D Expense
Wabtec R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$223.0M
FY2025
5-year range
$176.0M / $223.0M
FY2021-FY2025
Trend
+8.3%
vs FY2024
Sector context
#43 of 167
Industrials
What the data says
At $223M, Wabtec's r&d expense ranks #43 of 167 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $71M in FY2016 to $223M in FY2025.
Based on SEC 10-K filings.
$223M in FY2025 with a 5-year CAGR of +6.6%.
Improved from $218M to $223M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +2.2%
- 5-Year CAGR
- +6.6%
- 10-Year CAGR
- -
Sector benchmark
#43 of 167 in IndustrialsTop 26% of 167This company $223.0M Sector average $283.8M
▼
-21.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.6%, indicating consistent growth.
- In FY2025, r&d expense increased 8.3% year-over-year.
- Ranks #43 out of 167 companies in the Industrials sector.
- Lowest r&d expense in the period was in FY2016.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $223.0M | +8.3% |
| FY2024 | $206.0M | -5.5% |
| FY2023 | $218.0M | +4.3% |
| FY2022 | $209.0M | +18.8% |
| FY2021 | $176.0M | +8.6% |
| FY2020 | $162.0M | -22.9% |
| FY2019 | $210.0M | +140.0% |
| FY2018 | $87.5M | -8.1% |
| FY2017 | $95.2M | +33.4% |
| FY2016 | $71.4M | +0.2% |
As of FY2025 · SEC 10-K · Updated Mar 17, 2026