Filing Flows › Greenbrier Companies (GBX) › Q4 FY26
Greenbrier Companies (GBX) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Oct 26, 2026
Greenbrier Companies (GBX) reported revenue of $591M for the fourth quarter fiscal 2026 (Q4 FY26), -22% from a year earlier and +3% from the quarter before. Operating margin was 4.3%, net earnings $8.7M (1.5% of revenue).
Greenbrier Companies, Q4 FY26: revenue $591M (-22% year over year), operating margin 4.3%, net earnings $8.7M, operating cash flow $31.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $591M | +3% | -22% |
| Gross profit | $79.8M | -2% | -45% |
| Operating profit | $25.5M | -20% | -65% |
| Net earnings | $8.7M | -54% | -76% |
| Operating cash flow | $31.5M | — | -68% |
What changed
Revenue was $591.0M in Q4 FY26, down 22% year over year and up 3% from the previous quarter. Manufacturing was the largest line at 91% of revenue.
Gross margin was 13.5%, down 5.4 points from Q4 FY25. Operating profit was $25.5M, a 4.3% margin (down 5.2 points year over year). Operating expenses fell 24% while revenue fell 22%. Net earnings were $8.7M, down 76% year over year. The effective tax rate was 3.0%.
Operating cash flow was $31.5M (down 68% year over year), 244% of net income including minority interests. Non-cash charges added back $34.2M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $18.3M. Capital expenditures of $132.1M exceeded it, leaving free cash flow of −$100.6M.
Questions
What was Greenbrier Companies' revenue in the fourth quarter fiscal 2026?
Greenbrier Companies (GBX) reported revenue of $591M for the fourth quarter fiscal 2026 (Q4 FY26), -22% from a year earlier and +3% from the quarter before.
Was Greenbrier Companies profitable in the fourth quarter fiscal 2026?
Operating profit was $25.5M (4.3% of revenue) and net earnings $8.7M.