FreightCar America reports Q1 2026 revenue of $64.3M with 17% gross margin and reaffirms 2026 outlook.

FreightCar America reported Q1 2026 revenues of $64.3 million with a gross margin of 16.8%, marking its highest quarterly gross margin in over a decade. Despite lower railcar deliveries compared to last year, the company saw an 86% growth in aftermarket revenue and a 14% increase in backlog, signaling strong demand and operational flexibility. FreightCar America reaffirmed its 2026 outlook with expected railcar deliveries of 4,000-4,500 units and revenue between $500-$550 million. The company is positioned to capitalize on aging fleets and replacement demand through its diversified railcar services and aftermarket business.