---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-002899"
form_type: "8-K"
ticker: "GBX"
cik: "0000923120"
company_name: "GREENBRIER COMPANIES INC"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:11:58.794477+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greenbrier Q1 net loss $17M ($0.51 GAAP EPS) on $767M revenue; adjusted EPS $0.05; Portland facility impairment $24M

## Summary
- GAAP net loss $17M ($0.51/diluted share); adjusted net earnings $1.6M ($0.05/diluted share).
- Revenue $767M, down from $951M in Q4; gross margin 9.1% vs 13.4% sequentially.
- New railcar orders 5,600 units ($700M); backlog 28,300 units ($3.4B); book-to-bill 1.2x.
- Ceasing manufacturing at Portland facility; recorded $24M non-cash impairment of long-lived assets.
- Post-quarter acquired minority interest in GBX Leasing; FY23 guidance: deliveries 22k-24k, revenue $3.2-3.6B.

## SEC filing metadata
- accession: 0001193125-23-002899
- form_type: 8-K
- ticker: GBX
- cik: 0000923120
- company_name: GREENBRIER COMPANIES INC
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923120/000119312523002899/0001193125-23-002899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923120/000119312523002899/d337846d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-002899
- JSON: https://secwatch.observer/filing/0001193125-23-002899.json
- Plain text: https://secwatch.observer/filing/0001193125-23-002899.txt

## Key facts
- Earnings Releases
  GREENBRIER COMPANIES INC reported the first fiscal quarter ended November 30, 2022 results: revenue $767 million, net income $17 million, EPS $0.51 per diluted share. Guidance initiated.
  - Period: the first fiscal quarter ended November 30, 2022
  - Revenue: $767 million
  - Net income: $17 million
  - EPS: $0.51 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Net loss attributable to Greenbrier for the quarter was $17 million, or $0.51 per diluted share, on revenue of $767 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/923120/000119312523002899/0001193125-23-002899-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.