FreightCar America Q2 FY26 turns to net loss of $30.1 million; revenue falls 4.6% year over year to $113.1 million

Reuters2026/08/03 20:31

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FreightCar America posted Q2 net loss of USD 30.1 million, or USD 0.94 per share, versus prior-year profit; revenue slipped 4.6% to USD 113.1 million.
Gross margin narrowed 9.5 percentage points to 5.5%, including USD 2.2 million of workforce realignment costs.
Operating loss was USD 4.3 million, swinging from operating income a year earlier; adjusted EBITDA fell to USD 1.2 million from USD 9.3 million.
Backlog more than doubled sequentially to 3,972 units valued at USD 344 million; aftermarket revenue rose 13% year over year.
FreightCar America cut its warrant liability to USD 14 million from USD 119.4 million as warrants were exercised; it forecast 2026 revenue of USD 410 million-USD 460 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FreightCar America Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031615PRIMZONEFULLFEED9802669) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FreightCar America Q2 FY26 turns to net loss of $30.1 million; revenue falls 4.6% year over year to $113.1 million

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