Significant Revenue Growth
FreightCar America achieved a revenue growth of over 42% in the third quarter of 2025 compared to the previous year.
Record Adjusted EBITDA
The company reported a record adjusted EBITDA of $17 million, a 56% increase from the prior year, marking the most profitable quarter since relocating production to Mexico.
Improvement in Margins
Gross margin increased to 15.1%, and adjusted EBITDA margin rose to 10.6%, representing an improvement of 80 basis points and 100 basis points, respectively, from the previous year.
Healthy Backlog and Market Position
The company maintained a healthy backlog of 2,750 units valued at approximately $222 million, achieving over 20% of the addressable market order share for new car orders.
Operational Efficiency and Initiatives
Operational improvements in safety, quality, throughput, and cost structure at the Castanos facility contributed to record EBITDA performance. Initiatives like TrueTrack digital integration and enhancements to plant layout aim to improve flow, productivity, and margins.