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How FreightCar America (RAIL) makes money

FreightCar America (RAIL) made $113M of revenue in the second quarter 2026 (Q2 2026), -5% from a year earlier. Manufacturing Sales brought in $104M (92%); Aftermarket Sales brought in $8.9M (8%).

Drawing the Sankey…

FreightCar America revenue by segment, Q2 2026FreightCar America revenue by segment, Q2 2026Manufacturing Sales$104MAftermarket Sales$8.9M
FreightCar America revenue by quarterFreightCar America revenue by quarter$138MQ4 2024$96.3MQ1 2025$119MQ2 2025$161MQ3 2025$126MQ4 2025$64.3MQ1 2026$113MQ2 2026
FreightCar America: where each dollar of revenue goesFreightCar America: where each dollar of revenue goesOperating cash flow11¢Free cash flow10¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Manufacturing Sales$104M92.2%+97%-6%
Aftermarket Sales$8.9M7.8%-22%+13%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$113M100.0%
Operating cash flow$12.1M10.7%
Free cash flow$11.3M10.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$113M-5%
Q1 2026$64.3M-33%
Q4 2025$126M-9%
Q3 2025$161M+42%
Q2 2025$119M-20%
Q1 2025$96.3M-40%
Q4 2024$138M+9%

From FreightCar America's 10-Q filed Aug 3, 2026 (on EDGAR).

Questions

How does FreightCar America make money?

FreightCar America (RAIL) made $113M of revenue in the second quarter 2026 (Q2 2026), -5% from a year earlier. Manufacturing Sales brought in $104M (92%); Aftermarket Sales brought in $8.9M (8%).

What is FreightCar America's biggest business?

Manufacturing Sales: $104M in the second quarter 2026, 92% of revenue, -6% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.