FreightCar America, Inc. Updates Full-Year 2026 Outlook and Reports Preliminary Third Quarter 2026 Results
FreightCar America removed a 1,285-railcar tank car retrofit order from its backlog, citing doubts the customer can meet its contractual obligations, and slashed full-year 2026 guidance. Preliminary Q3 2026 results show revenue of $75-77 million versus $160.5 million a year ago, deliveries of 662 units versus 1,304, and Adjusted EBITDA near breakeven versus $17.0 million in Q3 2025. Updated FY26 outlook now calls for 3,100-3,300 deliveries, $370-410 million revenue and $15-19 million Adjusted EBITDA -- down from 3,500-3,900, $410-460 million and $36-44 million respectively.
Key figures
- Revenue
- $75 million to $77 million
- Guidance
- FY26: railcar deliveries 3,100-3,300 (from 3,500-3,900); revenue $370-410M (from $410-460M); Adjusted EBITDA $15-19M (from $36-44M)
- Revenue Yoy
- -53%
- Backlog units
- 2660
- Backlog value
- $284.5 million
- Removed railcars
- 1285
- Q3 adjusted ebitda
- $(0.3)M to $0.3M vs $17.0M in Q3 2025
- Q3 railcar deliveries
- 662 vs 1,304 in Q3 2025
AI analysis
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