FreightCar America reported second quarter 2026 results with revenues of $113.1 million and a net loss of $30.1 million, or $(0.94) per diluted share. The loss included a $24.9 million non-cash charge from warrant liability fair value adjustments. Adjusted net loss was $0.8 million, or $(0.02) per diluted share. Operating cash flow was $12.1 million and free cash flow rose 43% year over year to $11.3 million. Backlog grew 121% sequentially to 3,972 units valued at $344 million. The company updated its fiscal 2026 outlook, projecting railcar deliveries of 3,500–3,900 and revenue of $410–$460 million. FreightCar America is a diversified manufacturer and supplier of railroad freight cars, railcar parts, components, and repair services.
