Freightcar America, Inc. income statement
In fiscal 2025, Freightcar America, Inc. reported revenue of $501m, down 10.4% on the year before, operating income of $33.9m (a 6.8% margin) and net income of $36.9m, or $1.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 248 | 143 | 487 | 677 | 290 | 599 | 773 | 524 | 409 | 317 | 230 | 108 | 203 | 365 | 358 | 559 | 501 | 464 |
| Cost of revenue | 212 | 140 | 455 | 612 | 277 | 556 | 690 | 484 | 406 | 320 | 244 | 122 | 192 | 339 | 316 | 492 | 428 | 406 |
| Gross profit | 37 | 3 | 32 | 65 | 13 | 42 | 83 | 40 | 3 | −4 | −14 | −14 | 11 | 26 | 42 | 67 | 73 | 58 |
| Research and development | — | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | — | — | — | — | — | — | — |
| Selling, general and administrative | 31 | 25 | 29 | 33 | 27 | 35 | 42 | 36 | 33 | 29 | 38 | 30 | 28 | 28 | 27 | 33 | 39 | 41 |
| Operating income | 6 | −21 | 6 | 33 | −24 | 10 | 47 | 16 | −32 | −32 | −76 | −81 | −23 | −15 | 10 | 37 | 34 | 17 |
| Interest expense | — | −1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | — | — | — | — | — | — | — |
| Net interest income | −1 | −1 | −0 | — | — | — | — | — | — | — | −1 | −2 | −13 | −25 | −15 | −7 | −18 | −15 |
| Income before tax | 5 | −22 | 5 | 33 | −25 | 8 | 47 | 16 | −31 | −30 | −75 | −86 | −40 | −37 | −22 | −70 | −11 | −9 |
| Income tax | 0 | −10 | 0 | 14 | −6 | 3 | 15 | 3 | −9 | 10 | −0 | 0 | 1 | 2 | 2 | 6 | −49 | 3 |
| Net income | 5 | −13 | 5 | 19 | −19 | 6 | 32 | 12 | −23 | −41 | −75 | −84 | −41 | −39 | −34 | −96 | 37 | −13 |
| Diluted EPS | $0.42 | −$1.07 | $0.41 | $1.60 | −$1.61 | $0.49 | $2.58 | $1.00 | −$1.82 | −$3.26 | −$5.95 | −$6.29 | −$2.00 | −$1.56 | −$1.18 | −$3.12 | $1.09 | −$0.38 |
| Diluted shares (average) | 12m | 12m | 12m | 12m | 12m | 12m | 12m | 12m | 12m | 12m | 12m | 13m | 21m | 25m | 28m | 31m | 34m | 34m |
| EBITDA | 11 | −14 | 14 | 42 | −14 | 20 | 57 | 26 | −22 | −20 | −63 | −71 | −18 | −11 | 15 | 43 | 40 | 24 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 113 | 138 | 96 | 119 | 161 | 126 | 64 | 113 |
| Cost of revenue | 97 | 117 | 82 | 101 | 136 | 109 | 53 | 107 |
| Gross profit | 16 | 21 | 14 | 18 | 24 | 17 | 11 | 6 |
| Selling, general and administrative | 8 | 9 | 11 | 10 | 10 | 9 | 11 | 10 |
| Operating income | 9 | 12 | 4 | 8 | 15 | 8 | −1 | −4 |
| Net interest income | −2 | −1 | −4 | −4 | −5 | −4 | −3 | −3 |
| Income before tax | −104 | 37 | 52 | −41 | −8 | −15 | 45 | −32 |
| Income tax | 3 | 3 | 2 | −53 | −0 | 2 | 4 | −2 |
| Net income | −112 | 28 | 49 | 11 | −7 | −16 | 41 | −30 |
| Diluted EPS | −$3.57 | $0.95 | $1.52 | $0.34 | −$0.23 | −$0.48 | $1.15 | −$0.94 |
| EBITDA | 10 | 13 | 5 | 9 | 16 | 9 | 1 | −2 |
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