FreightCar America Reports Q3 2026 Results with Declining Revenue and Railcar Deliveries
FreightCar America (RAIL) reported a significant decline in third-quarter 2026 revenue, totaling $76.5 million compared to $160.5 million in the same period last year. This drop was primarily driven by lower railcar delivery volumes, with only 662 units delivered versus 1,304 units a year prior. The company also reported an adjusted net loss of $9.5 million ($0.28 per share), down from an adjusted net income of $7.8 million in the previous year. Despite manufacturing headwinds, the company saw strong performance in its aftermarket segment, which grew 65% year-over-year to $10.8 million due to organic parts growth and recent acquisitions. Additionally, backlog value rose 28% to $284.5 million, and nine-month order intake has already exceeded full-year 2025 volumes by over 50%. Management reaffirmed its full-year 2026 revenue guidance of $370 million to $410 million.
Topics: Adjusted EBITDA Aftermarket Revenue Net Loss Railcar Deliveries Revenue
Read the full article at Motley Fool
Part of the story FreightCar America Reports Q3 2026 Results with Declining Revenue and Railcar Deliveries (3 articles)