Freightcar America ( (RAIL) ) has released its Q2 earnings. Here is a breakdown of the information Freightcar America presented to its investors.
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FreightCar America, headquartered in Chicago, Illinois, is a prominent manufacturer and supplier of railroad freight cars, railcar parts, and components, specializing in railcar repairs and conversions. The company plays a crucial role in the North American supply chain.
In its second quarter of 2025, FreightCar America reported a gross margin of 15%, an increase of 250 basis points from the previous year, and operating cash flow of $8.5 million. The company also highlighted strong order intake and reaffirmed its full-year guidance.
Key financial metrics for the quarter included revenues of $118.6 million, a decrease from $147.4 million in the same period last year, and net income of $11.7 million, or $0.34 per share. The company delivered 939 railcars, down from 1,159 units in the prior year. However, FreightCar America received new orders for 1,226 railcars valued at $106.9 million, ending the quarter with a backlog of 3,624 units valued at $316.9 million.
FreightCar America’s management remains optimistic about future growth, emphasizing operational flexibility and strategic investments in tank car capabilities. The company anticipates a meaningful replacement cycle in the market, positioning itself to capture incremental demand and expand its market share.
Looking ahead, FreightCar America reaffirms its fiscal year 2025 outlook, projecting railcar deliveries between 4,500 and 4,900 units and revenue between $530 and $595 million, with an adjusted EBITDA growth of 7% at the midpoint.