Westinghouse Air Brake Technologies Corp. (NYSE: WAB) saw its stock price soar 5.08% during intraday trading on Wednesday, following the release of its fourth-quarter 2025 financial results.

The rail technology company reported adjusted earnings per share of $2.10, beating the analyst consensus estimate of $2.08 and representing a 25% increase from the same period last year. Quarterly sales reached $2.965 billion, surpassing estimates of $2.864 billion and marking a 14.8% year-over-year growth. The company also announced a record multi-year backlog of $27 billion, up 23% from the prior year.

Further boosting investor sentiment, Wabtec provided 2026 guidance above market expectations, forecasting adjusted EPS between $10.05 and $10.45 versus the FactSet estimate of $10.22. The company's board also approved a 24% increase in the quarterly dividend to $0.31 per share and increased the share buyback authorization to $1.2 billion.