secwatch.observer — SEC 8-K summary
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Issuer:     FreightCar America, Inc. (RAIL)
CIK:        0001320854
Form:       8-K
Filed at:   2026-08-03T20:16:19+00:00
Accession:  0001193125-26-330605
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FreightCar America Q2 net loss $30.1M; backlog up 121% sequentially; FY2026 guidance lowered
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- Revenue $113.1M (down 5% YoY); railcar deliveries 927 units vs 939 prior year.
- Net loss $30.1M ($0.94/diluted) includes $24.9M non-cash warrant loss; adjusted net loss $0.8M ($0.02/diluted).
- Backlog 3,972 units valued at $344M, up 121% sequentially; new railcar orders market share ~45%.
- Aftermarket revenue grew 13% YoY; second aftermarket acquisition completed after quarter-end.
- FY2026 guidance: deliveries 3,500-3,900, revenue $410-460M, Adj. EBITDA $36-44M; workforce realignment to save ~$12M annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320854/000119312526330605/0001193125-26-330605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320854/000119312526330605/rail-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-330605

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer