Filing Flows › FreightCar America (RAIL) › Q2 2025
FreightCar America (RAIL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
FreightCar America (RAIL) reported revenue of $119M for the second quarter 2025 (Q2 2025), -20% from a year earlier and +23% from the quarter before. Operating margin was 6.5%, net earnings $11.7M (9.8% of revenue).
FreightCar America, Q2 2025: revenue $119M (-20% year over year), operating margin 6.5%, net earnings $11.7M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $119M | +23% | -20% |
| Operating profit | $7.7M | +99% | — |
| Net earnings | $11.7M | -76% | — |
| Operating cash flow | $8.5M | -33% | -85% |
| Free cash flow | $7.9M | -36% | -86% |
What changed
Revenue was $118.6M in Q2 2025, down 20% year over year and up 23% from the previous quarter. Railcar Sales was the largest line at 93% of revenue. Railcar Sales lost $30.4M year over year (down 22%), 106% of the total change.
Gross margin was 15.0%, up 2.5 points from a year earlier. Operating profit was $7.7M, a 6.5% margin (down 2.4 points year over year). Operating expenses grew 91% against a revenue fall of 20%. Net earnings were $11.3M, up 213% year over year.
Operating cash flow was $8.5M (down 85% year over year), 73% of net income including minority interests. Non-cash charges added back $1.6M of depreciation and amortization and $761K of share-based compensation. Working capital and other items used $5.5M. Capital expenditures of $608K left free cash flow of $7.9M.
Questions
What was FreightCar America's revenue in the second quarter 2025?
FreightCar America (RAIL) reported revenue of $119M for the second quarter 2025 (Q2 2025), -20% from a year earlier and +23% from the quarter before.
Was FreightCar America profitable in the second quarter 2025?
Operating profit was $7.7M (6.5% of revenue) and net earnings $11.7M.
Source: FreightCar America 10-Q on SEC EDGAR.