RAIL · FreightCar America, Inc. · Documents
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FreightCar America, Inc. reported revenue of $253.9 million for the nine months ended September 30, 2026, compared with $375.4 million for 2025, while gross margin fell to 9.3% from 15.0%. Backlog reached 2,660 units valued at $285 million.
FreightCar America reported third-quarter revenue of $76.5 million versus $160.5 million, an adjusted net loss of $9.5 million, and backlog of $284.5 million, up 28%.
FreightCar America removed a 1,285-railcar tank car retrofit order from backlog, leaving 2,660 units valued at $284.5 million. Preliminary third-quarter revenue was $75 million to $77 million, while fiscal 2026 Adjusted EBITDA outlook was reduced to $15 – $19 million.
FreightCar America, Inc. terminated the rights agreement dated as of August 5, 2026 at the Close of Business on October 14, 2026; the rights expired. It also agreed not to adopt future rights plans with ownership thresholds below 20%.