---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-425341"
form_type: "8-K"
ticker: "RAIL"
cik: "0001320854"
company_name: "FreightCar America, Inc."
filed_at: "2026-10-19T20:47:35+00:00"
generated_at: "2026-10-19T20:49:03.201517+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FreightCar America slashes FY2026 outlook, drops 1,285-unit tank car retrofit order from backlog

## Summary
- Removed 1,285 railcars tied to a tank car retrofit order from backlog, saying the customer is unlikely to meet its contract obligations; delivery was to run 2H 2026 through 2027.
- Backlog at September 30, 2026 was 2,660 units valued at $284.5M; company says no other orders are affected.
- Preliminary Q3 2026: deliveries 662 units vs 1,304 a year ago; revenue $75-77M vs $160.5M; adjusted EBITDA $(0.3)M to $0.3M vs $17.0M.
- FY2026 guidance cut: deliveries 3,100-3,300 (from 3,500-3,900), revenue $370-410M (from $410-460M), adjusted EBITDA $15-19M (from $36-44M).
- CEO Nick Randall cited a lower cost base and expects stronger results as backlog converts in 2027; full Q3 results due November 9, 2026.

## SEC filing metadata
- accession: 0001193125-26-425341
- form_type: 8-K
- ticker: RAIL
- cik: 0001320854
- company_name: FreightCar America, Inc.
- filed_at: 2026-10-19T20:47:35+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320854/000119312526425341/0001193125-26-425341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320854/000119312526425341/rail-20261019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-425341
- JSON: https://secwatch.observer/filing/0001193125-26-425341.json
- Plain text: https://secwatch.observer/filing/0001193125-26-425341.txt

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