---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-145584"
form_type: "8-K"
ticker: "GBX"
cik: "0000923120"
company_name: "GREENBRIER COMPANIES INC"
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T07:12:01.069437+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greenbrier Q2 EPS $0.47, cuts FY26 guidance; raises dividend 6% to $0.34

## Summary
- Net earnings $15M ($0.47 diluted EPS); revenue $587.5M, down 17% sequentially; EBITDA $61M (10% of rev).
- Strong operating cash flow of $159M; new railcar orders 2,900 units valued at $390M; backlog 15,200 units ($2.1B).
- Board increases quarterly dividend 6% to $0.34/share, payable May 11, 2026 to holders of record Apr 20, 2026.
- Revised FY26 guidance: deliveries 15,350-16,350 units (from 17,500-20,500); revenue $2.4B-$2.5B; EPS $3.00-$3.50 (from $3.75-$4.75).
- Fleet utilization remains strong at 98.5%; aggregate gross margin 11.8% in Q2, down from 14.6% in Q1.

## SEC filing metadata
- accession: 0001193125-26-145584
- form_type: 8-K
- ticker: GBX
- cik: 0000923120
- company_name: GREENBRIER COMPANIES INC
- filed_at: 2026-04-07T23:59:59+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/923120/000119312526145584/0001193125-26-145584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923120/000119312526145584/gbx-20260407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-145584
- JSON: https://secwatch.observer/filing/0001193125-26-145584.json
- Plain text: https://secwatch.observer/filing/0001193125-26-145584.txt

## Key facts
- Earnings Releases
  GREENBRIER COMPANIES INC reported second fiscal quarter ended February 28, 2026 results: revenue $587.5M, net income $15 million, EPS $0.47 per diluted share. Guidance lowered.
  - Period: second fiscal quarter ended February 28, 2026
  - Revenue: $587.5M
  - Net income: $15 million
  - EPS: $0.47 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: 1,500 units of deliveries associated with Brazil. (2) Earnings from operations divided by revenue. Financial Summary Q2 FY26 Q1 FY26 Sequential Comparison – Main Drivers Revenue $587.5M $706.1M Primarily fewer deliveries Aggregate gross margin $69.5M $103.3M Lower production rates, timing of syndication deliveries, and planned facility shutdowns impacted
  evidence_url: https://www.sec.gov/Archives/edgar/data/923120/000119312526145584/0001193125-26-145584-index.htm

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