FreightCar America removed 1,285 railcars related to a tank car retrofit order from its backlog because the customer is unlikely to meet contractual obligations. The updated fiscal year 2026 outlook lowers revenue guidance to $370-$410 million and adjusted EBITDA to $15-$19 million. Backlog as of September 30, 2026 stands at 2,660 units valued at $284.5 million. The company reported preliminary third quarter revenue of $75-$77 million and adjusted EBITDA between negative $0.3 million and positive $0.3 million. FreightCar America is a diversified manufacturer and supplier of railroad freight cars, railcar parts, components, and repair services.
