RAIL · FreightCar America, Inc.
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 4, 2026TL;DR. RAIL reported Q2 results pressured by delayed production ramp and a $24.9M non-cash warrant remeasurement loss, prompting lowered 2026 delivery, revenue, and adjusted EBITDA guidance, while order intake surged to a 121% sequential backlog increase with 45% industry share and aftermarket revenue grew 13%.
- + Backlog value jumped 121% sequentially on exceptional Q2 order intake, including ~45% share of all industry new railcar orders (~56% ex-tank cars).
- + Aftermarket revenue grew 13% year-over-year on organic growth and a second acquisition closed post-quarter.
- + Q2 free cash flow rose 43% year-over-year to $11.3M, and total debt was reduced ~$7.3M since year-end with $63M of cash.
- + Warrant exercise cut warrant liability to $14.0M from $119.4M and produced positive stockholders' equity of $36.2M, substantially reducing future remeasurement volatility.
- − Full-year 2026 guidance was lowered: deliveries now 3,500-3,900, revenue $410-$460M, and adjusted EBITDA $36-$44M, reflecting deliveries shifted into early 2027.
- − Gross margin fell to 5.5% from 15.0% and adjusted EBITDA margin compressed to 1.0% from 7.8% on lower fixed-cost absorption and $2.2M of realignment charges.
- − Revenue and deliveries declined year-over-year as the planned second-half ramp started later than expected.
- − Adjusted net result swung to a loss of $0.8M / $(0.02) per share from adjusted net income of $3.8M / $0.11 per share in the prior-year quarter.
- − Industry remains in a cyclical trough with muted new railcar orders of ~5,800 units (down from ~6,200 year-over-year), and freight car age continues to build replacement demand only gradually.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Railroads — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RAIL
this stock
FreightCar America, Inc.
|
$235.44M | -37.7% | -10.4% | — | 2.7% |
|
UNP
Union Pacific Corp
|
$162.65B | +20.3% | -10.0% | 22.2 | 4.6% |
|
CSX
Csx Corp
|
$87.23B | +30.8% | +17.6% | 27.2 | 2.2% |
|
CP
Canadian Pacific Kansas City Ltd/Cn
|
$76.06B | +16.7% | — | — | 2.3% |
|
CNI
Canadian National Railway Co
|
$72.76B | +21.2% | — | — | 0.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RAIL | -3.9% | -1.6% | -24.6% | +2.2% | -37.7% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -3.7% | -1.1% | -36.8% | +1.3% | -50.5% |