Filing Flows › FreightCar America (RAIL) › Q3 2026
FreightCar America (RAIL) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
FreightCar America (RAIL) reported revenue of $76.5M for the third quarter 2026 (Q3 2026), -52% from a year earlier and -32% from the quarter before. Operating margin was -4.0%, net earnings $8K (0.0% of revenue).
FreightCar America, Q3 2026: revenue $76.5M (-52% year over year), operating margin -4.0%, net earnings $8K, operating cash flow $25.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $76.5M | -32% | -52% |
| Operating profit | −$3.1M | — | -121% |
| Net earnings | $8K | — | — |
| Operating cash flow | $25.4M | +110% | +644% |
| Free cash flow | $25.0M | +120% | 11× |
What changed
Revenue was $76.5M in Q3 2026, down 52% year over year and down 32% from the previous quarter. Manufacturing Sales was the largest line at 86% of revenue. Manufacturing Sales lost $88.3M year over year (down 57%), 105% of the total change.
Gross margin was 8.8%, down 6.3 points from Q3 2025. Operating costs exceeded revenue by $3.1M, an operating margin of -4.0%. Operating expenses grew 1% against a revenue fall of 52%. Net earnings were $8K. Non-operating items added $1.5M, so the bottom line overstates operating performance.
Operating cash flow was $25.4M (up 644% year over year), 316950% of net earnings. Non-cash charges added back $1.9M of depreciation and amortization and $790K of share-based compensation. Working capital and other items added $22.7M. Capital expenditures of $345K left free cash flow of $25.0M.
Questions
What was FreightCar America's revenue in the third quarter 2026?
FreightCar America (RAIL) reported revenue of $76.5M for the third quarter 2026 (Q3 2026), -52% from a year earlier and -32% from the quarter before.
Was FreightCar America profitable in the third quarter 2026?
Operating loss was $3.1M (-4.0% of revenue) and net earnings $8K.
Source: FreightCar America 10-Q on SEC EDGAR.