Every material Form 8-K FreightCar America, Inc. has filed with the SEC since August 05, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
FreightCar America reported third quarter 2026 revenue of $76.5 million, down from $160.5 million a year earlier, and delivered 662 railcars versus 1,304. It posted adjusted EBITDA of $0.1 million and an adjusted net loss of $9.5 million, or $(0.28) per diluted share, compared with adjusted net income of $7.8 million a year earlier. The company reaffirmed its fiscal 2026 outlook, which matters to shareholders because it signals that management still expects the full-year targets it set on October 19.
Q3 2026 revenue was $76.5 million versus $160.5 million in Q3 2025; railcar deliveries were 662 units versus 1,304.
Adjusted EBITDA was $0.1 million (0.2% margin) versus $15.9 million (9.9% margin) a year earlier.
Backlog reached 2,660 units valued at $284.5 million at September 30, 2026, up 28% from $222.0 million.
Fiscal 2026 outlook reaffirmed: 3,100 to 3,300 railcars, revenue of $370 to $410 million, and adjusted EBITDA of $15 to $19 million.
FreightCar America removed 1,285 railcars tied to a tank car retrofit order from its backlog, saying the customer is unlikely to meet its contract obligations. The company cut its full-year 2026 outlook for deliveries, revenue and Adjusted EBITDA, and reported preliminary third-quarter revenue of $75 million to $77 million, down from $160.5 million a year earlier.
Third-quarter 2026 deliveries were 662 units, versus 1,304 in the third quarter of 2025, and preliminary Adjusted EBITDA ranged from $(0.3) million to $0.3 million, versus $17.0 million a year earlier.
Full-year 2026 revenue outlook was cut to $370 million to $410 million from $410 million to $460 million, and Adjusted EBITDA outlook to $15 million to $19 million from $36 million to $44 million.
Backlog as of September 30, 2026 was 2,660 units valued at $284.5 million after the removal.
Full third-quarter results are scheduled for release on November 9, 2026, with a conference call on November 10, 2026.
On October 14, 2026, FreightCar America entered a Stockholder Agreement with three OC III entities that collectively own about 48.8% of its common stock, including warrants. The company also amended and terminated its August 5, 2026 Rights Agreement, so the rights expired at the close of business that day and common holders no longer hold rights under the plan.
OC III entities collectively own about 48.8% of common stock, including warrants, per a July 2, 2026 Schedule 13D/A
Rights Agreement dated August 5, 2026 was amended to accelerate expiration from July 5, 2027 to close of business October 14, 2026
Board must review transfers of shares to any holder above 20%; agreement ends at the earlier of the fourth anniversary or when the group falls to 20% or less
Company agreed not to adopt future rights plans with an ownership trigger below 20%
FreightCar America's board declared a dividend of one preferred share purchase right per common share and adopted a 2026 Rights Agreement to replace its September 2025 plan, which expires August 5, 2026. The company says the terms are unchanged apart from the extended term, and the plan would make rights exercisable if a person or group acquires 15% or more of common stock without board approval (20% for certain passive 13G investors).
Rights are payable August 5, 2026 to holders of record on August 5, 2026, and expire July 5, 2027 unless extended, advanced or redeemed.
Each right allows purchase of one one-hundredth of a Series E preferred share for $42.00, once exercisable.
The board may redeem the rights for $0.001 per right before any person or group becomes an Acquiring Person.
Computershare Trust Company, N.A. is the rights agent.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every FreightCar America, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →