FreightCar America, Inc.

FreightCar America, Inc. announced it will release its second quarter 2026 financial results on Monday, August 3, 2026, after the market closes. The company will host a teleconference to discuss these results on Tuesday, August 4, 2026, at 11:00 a.m. Eastern Time. Details for accessing the call via phone or webcast, as well as information for an audio replay, were provided.

FreightCar America, Inc. announced the completion of its acquisition of Southern Parts & Equipment, Inc., a distributor of railcar parts and equipment. This strategic move is the company's second acquisition in the railcar aftermarket within the past year, aiming to expand its distribution capabilities and strengthen customer service. Management expects the transaction to be immediately accretive to FreightCar America.

FreightCar America, Inc. announced a new multi-year order for 1,900 railcars from a key customer, with deliveries extending through 2028. The company also reported strong second-quarter orders totaling approximately 3,000 railcars, valued at about $300 million. These orders reflect growing demand for its manufacturing solutions and broad-based interest across all core market segments, including new and repeat customers.

FreightCar America, Inc. announced that OC III LFE II, LP exercised warrants to purchase 13,619,377 shares of common stock on June 26, 2026. As a result, the company issued these shares on June 30, 2026. Following this issuance, FreightCar America now has 32,775,760 shares of common stock outstanding.

FreightCar America, Inc. announced the appointment of Bradley J. Pickard to its Board of Directors, effective June 10, 2026. Mr. Pickard will serve as an independent director, bringing the Board's total to nine directors, six of whom are independent. He contributes over three decades of corporate finance, capital markets, and strategic advisory experience, including leadership roles at prominent investment banks and a focus on the rail, trucking, and logistics sectors.

FreightCar America, Inc. announced that its Chief Executive Officer, Nick Randall, and Chief Financial Officer, Michael Riordan, will participate in one-on-one investor meetings at the Stifel Cross Sector 1x1 Conference. The event is scheduled for June 3, 2026, in Boston. Interested investors can contact the Company's Investor Relations team to request a meeting.

FreightCar America reported a significant decline in Q1 2026 revenues and operating performance. Revenues decreased by 33.2% to $64.3 million, and the company posted an operating loss of $(0.6) million, a sharp contrast to the $3.9 million operating income in the prior year. Despite a non-cash gain on warrant liability, net income fell 17.4% to $41.6 million, and net cash flows from operating activities turned negative.

FreightCar America reported Q1 2026 results in line with expectations, with revenues of $64.3 million, a decrease from $96.3 million in the prior year. Despite the revenue decline, the company achieved its highest quarterly gross margin in over a decade at 16.8% and saw 86% growth in aftermarket revenue. The company posted a GAAP net income of $41.6 million due to a non-cash warrant liability adjustment, but an adjusted net loss of $(0.04) per share. FreightCar America also reported a 14% sequential increase in backlog to 2,058 units and reaffirmed its fiscal year 2026 outlook, emphasizing its strong operational flexibility and strategic positioning for future demand.

FreightCar America, Inc. reported first quarter 2026 results with revenues of $64.3 million, down from $96.3 million in the prior year. The company posted a net income of $41.6 million, or $1.15 per diluted share, primarily due to a non-cash warrant liability adjustment, while adjusted net loss was $479 thousand, or $(0.04) per share. Gross margin improved to 16.8%, and aftermarket revenue saw an 86% increase. FreightCar America also reported a 14% sequential growth in backlog to $156 million and reaffirmed its full-year 2026 outlook.

FreightCar America, Inc. announced it will release its first quarter 2026 financial results after the market closes on Monday, May 4, 2026. The company will host a teleconference to discuss these results on Tuesday, May 5, 2026, at 11:00 a.m. Eastern Time. Interested parties can access the call via phone or a listen-only webcast, with an audio replay available until May 19, 2026.