FreightCar America Q2 revenue $118.6M, net income $11.7M; reaffirms FY guidance

FreightCar America, Inc.

2025-Q2 EPS reported $1.79 revenue$214,913,000

Revenue $118.6M vs. $147.4M Q2 2024; railcar deliveries 939 units vs. 1,159.
Gross margin improved 250 bps to 15.0% ($17.8M gross profit); adjusted EBITDA $10.0M (8.4% margin).
Net income includes $51.9M valuation allowance release and $47.6M non-cash warrant adjustment.
New orders for 1,226 railcars ($106.9M); backlog 3,624 units ($316.9M) up ~300 units QoQ.
FY 2025 guidance reaffirmed: 4,500–4,900 deliveries, revenue $530-595M, adjusted EBITDA $43-49M.

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