FreightCar America swings to Q3 net income of $8,000
RAIL•FreightCar America reported third-quarter net income of $8,000, versus a year-earlier loss of $7.45 million. Revenue fell 52% to $76.49 million, and the company kept its FY26 revenue and delivery guidance unchanged.
1. Quarterly results
FreightCar America delivered 662 railcars, down 49% year over year, while its quarter-end backlog rose 28% to $284.5 million, covering 2,660 railcars. After the quarter ended, the company closed its acquisition of Trinity Equipment Company, its third aftermarket acquisition in less than a year.
