Filing Flows › FreightCar America (RAIL) › Q2 2026
FreightCar America (RAIL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
FreightCar America (RAIL) reported revenue of $113M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +76% from the quarter before. Operating margin was -3.8%, net loss $30.1M (26.6% of revenue).
FreightCar America, Q2 2026: revenue $113M (-5% year over year), operating margin -3.8%, net loss $30.1M, operating cash flow $12.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $113M | +76% | -5% |
| Operating profit | −$4.3M | — | -156% |
| Net earnings | −$30.1M | -172% | -358% |
| Operating cash flow | $12.1M | — | +42% |
| Free cash flow | $11.3M | — | +43% |
What changed
Revenue was $113.1M in Q2 2026, down 5% year over year and up 76% from the previous quarter. Manufacturing Sales was the largest line at 92% of revenue. Manufacturing Sales lost $6.5M year over year (down 6%), 118% of the total change.
Gross margin was 5.5%, down 9.6 points from Q2 2025. Operating costs exceeded revenue by $4.3M, an operating margin of -3.8%. Operating expenses grew 3% against a revenue fall of 5%. The quarter ended with a net loss of $30.1M, after a profit of $41.6M the previous quarter. Net interest and other expense of $28.2M was the main reason.
Operating cash flow was $12.1M (up 42% year over year). Non-cash charges added back $1.8M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $39.4M. Capital expenditures of $736K left free cash flow of $11.3M.
Questions
What was FreightCar America's revenue in the second quarter 2026?
FreightCar America (RAIL) reported revenue of $113M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +76% from the quarter before.
Was FreightCar America profitable in the second quarter 2026?
Operating loss was $4.3M (-3.8% of revenue) and net loss $30.1M.
Source: FreightCar America 10-Q on SEC EDGAR.