FreightCar America cuts FY26 adjusted EBITDA outlook to $15 million–$19 million
RAIL•FreightCar America cut its FY26 adjusted EBITDA outlook to $15 million–$19 million from $36 million–$44 million. Preliminary third-quarter adjusted EBITDA ranged from negative $300,000 to positive $300,000, while deliveries fell 49% to 662 railcars.
1. Outlook cut
FreightCar America lowered its FY26 adjusted EBITDA guidance to $15 million–$19 million from $36 million–$44 million, excluding a 1,285-railcar retrofit order it removed from backlog because it believes the customer is unlikely to meet its contractual obligations. Preliminary third-quarter 2026 adjusted EBITDA was between negative $300,000 and positive $300,000, compared with $17 million a year earlier; railcar deliveries fell 49% year over year to 662 units.
