---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-098650"
form_type: "8-K"
ticker: "RAIL"
cik: "0001320854"
company_name: "FreightCar America, Inc."
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T17:32:22.860561+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FreightCar America Q4 rev $125.6M, adj EBITDA $10.4M; FY25 adj EBITDA $44.8M; guides 2026 deliveries 4,000-4,500

## Summary
- Q4 2025: revenue $125.6M (down from $137.7M), gross margin 13.4%, net loss $16.6M ($0.52/share), adj net income $4.9M ($0.16/share).
- FY 2025: revenue $501.0M, gross margin 14.6% (up from 12.0%), net income $38.1M ($1.09/share), adj EBITDA $44.8M (8.9% margin).
- Operating cash flow $34.8M, adj free cash flow $31.4M (+44.8% YoY); acquired Carly Railcar Components to expand aftermarket footprint.
- FY 2026 outlook: railcar deliveries 4,000-4,500, revenue $500-550M, adj EBITDA $41-50M, ~5% revenue growth at midpoint.

## SEC filing metadata
- accession: 0001193125-26-098650
- form_type: 8-K
- ticker: RAIL
- cik: 0001320854
- company_name: FreightCar America, Inc.
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320854/000119312526098650/0001193125-26-098650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320854/000119312526098650/rail-20260309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-098650
- JSON: https://secwatch.observer/filing/0001193125-26-098650.json
- Plain text: https://secwatch.observer/filing/0001193125-26-098650.txt

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