earnings
confidence high
sentiment neutral
materiality 0.60
FreightCar America Q1 revenue $64.3M down 33% YoY; maintains FY2026 outlook
FreightCar America, Inc.
2026-Q1 EPS reported
$1.15
revenue$64,308,000
- Revenues of $64.3M (down from $96.3M) on 577 railcar deliveries; gross margin expanded 190bps to 16.8%.
- Adjusted net loss of $479K ($0.04/share); Adjusted EBITDA $3.2M vs $6.4M in prior year quarter.
- Backlog grew 14% sequentially to 2,058 units valued at $156M; aftermarket revenue up 86%.
- Non-cash warrant liability adjustments of $49.1M drove GAAP net income of $41.6M ($1.15/share).
- FY2026 outlook reaffirmed: 4,000-4,500 deliveries, $500-550M revenue, $41-50M Adj EBITDA.