Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · FreightCar America, Inc. (RAIL)

FreightCar America cuts 2026 outlook after removing 1,285-railcar tank car order

Negative Impact 4 of 5 guidance Written later

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.

Key points

  • 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.

The filing

CompanyFreightCar America, Inc. (RAIL)
Form8-K, current report
Filed with the SECOct 19, 2026, 4:47 PM ET
Accession number0001193125-26-425341

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 19, 2026.

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.