Welcome to our dedicated page for Freightcar Amer SEC filings (Ticker: RAIL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The FreightCar America, Inc. (NASDAQ: RAIL) SEC filings page provides access to the company’s official reports and disclosures filed with the U.S. Securities and Exchange Commission. As a public company headquartered in Chicago, Illinois and active in the design, production and supply of railroad freight cars, railcar parts and components, FreightCar America uses these filings to report its financial condition, governance decisions and material events.
On this page, users can review current reports on Form 8-K where FreightCar America discloses significant developments. Recent 8-K filings have covered quarterly financial results, reaffirmed guidance, the adoption of a limited duration stockholder rights plan, and amendments to executive employment arrangements that modify severance benefits following a change in control. These documents often incorporate press releases by reference and summarize key board decisions and contractual terms.
In addition to 8-Ks, investors can use this page to locate annual reports on Form 10-K and quarterly reports on Form 10-Q, which provide detailed financial statements, management’s discussion and analysis, risk factors and segment information related to the company’s Manufacturing and Aftermarket activities. These filings help explain how FreightCar America’s railcar manufacturing, rebuilds, leasing, and aftermarket parts and services contribute to its overall results.
Stock Titan enhances this information with AI-powered summaries that highlight important points from lengthy filings, helping users quickly identify items such as changes in capital structure, warrant liabilities, debt levels, stockholder rights arrangements and other disclosures. The platform also surfaces insider transaction filings on Form 4 when available, allowing users to monitor reported purchases and sales by directors and officers.
With real-time updates from EDGAR and simplified explanations, this SEC filings page serves as a central location for researching FreightCar America’s regulatory history, governance actions and reported financial performance.
FreightCar America, Inc. reported the results of its Annual Meeting of Stockholders held on April 10, 2026.
Shareholders elected three Class III directors, approved on an advisory basis the compensation of the company’s named executive officers as described in the 2026 proxy statement, and ratified Grant Thornton LLP as the independent registered public accounting firm for fiscal year 2026.
Arnold Elizabeth K reported acquisition or exercise transactions in this Form 4 filing.
FreightCar America, Inc. director Elizabeth K. Arnold received a grant of 8,959 shares of common stock, valued at $8.93 per share. The grant consists of restricted shares issued under the company’s 2022 Long Term Incentive Plan and increases her direct holdings to 135,418 shares.
The restricted shares will vest at the close of business on the earlier of April 10, 2027, or the last trading day before the date of FreightCar America’s 2027 Annual Meeting of Stockholders, linking the award to continued board service over this period.
FreightCar America director Rodger L. Boehm received a stock grant as part of his compensation. He was awarded 8,959 shares of common stock at a grant value of $8.93 per share under the company’s 2022 Long Term Incentive Plan. Following this award, he directly holds 81,694 shares.
The granted shares are restricted and will vest at the close of business on the earlier of April 10, 2027, or the last trading day before the company’s 2027 Annual Meeting of Stockholders. This is a compensation-related acquisition, not an open-market purchase.
FreightCar America is calling a virtual-only annual stockholder meeting for April 10, 2026, with a record date of February 10, 2026, when 19,062,155 common shares were outstanding. Holders will elect three Class III directors, cast an advisory vote on executive pay, and ratify Grant Thornton LLP as independent auditor for 2026.
The board is classified into three staggered classes and currently has eight members, five of whom are independent. Named Executive Officer pay blends base salary, annual cash incentives tied to adjusted EBITDA, operating cash flow, backlog and safety, plus long-term equity awards in options and restricted shares. In 2025, NEO bonuses paid at 83.3% of target for the CEO and CFO and 67.8% for the CCO after mixed performance against these metrics.
FreightCar America, Inc. reported 2025 revenue of $501.0 million, down from $559.4 million in 2024, but improved its consolidated gross margin to 14.6% from 12.0% on a more favorable product mix and stronger Aftermarket performance.
The company delivered 4,125 railcars in 2025 versus 4,362 in 2024, while backlog fell to 1,926 railcars with an estimated sales value of $137 million, down from $267 million. Despite lower volume, net income reached $38.1 million, compared with a net loss of $75.8 million in 2024, helped by a large income tax benefit of $49.0 million tied to releasing valuation allowances and non-cash warrant remeasurement.
Operating income was $33.9 million, slightly below 2024, as higher selling, general and administrative expenses offset margin gains and the prior-year litigation settlement. Liquidity included $64.3 million in cash and a $115.0 million Term Loan and $35.0 million asset-based revolving facility to support operations and refinance preferred stock.
FreightCar America reported mixed but improving 2025 results and issued 2026 guidance. Fiscal 2025 revenue was $501.0 million versus $559.4 million in 2024, but gross margin rose to 14.6% and gross profit to $73.2 million. Net income reached $38.1 million, or $1.09 per diluted share, aided by a $51.9 million deferred tax valuation allowance release and partly offset by a $32.2 million non-cash warrant liability adjustment.
Adjusted net income was $18.1 million, or $0.50 per share, and Adjusted EBITDA was $44.8 million, an 8.9% margin, up from $43.0 million and 7.7% in 2024. Operating cash flow was $34.8 million and Adjusted free cash flow $31.4 million, up 44.8% year-over-year. The company ended 2025 with a 1,926-unit backlog valued at $137.5 million and completed the Carly Railcar Components acquisition to expand its aftermarket business.
For 2026, FreightCar America guides to 4,000–4,500 railcar deliveries, revenue of $500–$550 million, and Adjusted EBITDA of $41–$50 million, implying mid-single-digit revenue growth and higher Lease-Adjusted EBITDA versus 2025.
FreightCar America, Inc. has scheduled its 2026 annual general meeting of shareholders for April 10, 2026 at 10:00 a.m. Central Time. The meeting will be held in a virtual-only format via live internet webcast, with no physical in-person component. Shareholders who were on record as of the close of business on February 10, 2026 will be entitled to receive notice of, and vote at, the meeting.
FreightCar America, Inc. received an amended ownership report showing that a former major holder group, including Continental General Insurance Company, Continental Insurance Group, Ltd., Continental General Holdings LLC and Michael Gorzynski, now reports 0 shares and 0% beneficial ownership of its common stock.
The filing states that, as of the close of business on December 31, 2025, these reporting persons no longer had voting or dispositive power over any FreightCar America shares, confirming their ownership has fallen to 5 percent or less of the class.
FreightCar America, Inc. reported that Corporate Controller and Chief Accounting Officer Juan Carlos Fuentes Sierra received a grant of 3,330 restricted stock units (RSUs) on January 13, 2026 under the company’s 2022 Long Term Incentive Plan. The RSUs vest over three years, with 34% vesting on January 13, 2027, 33% on January 13, 2028, and 33% on January 13, 2029, as long as he continues in service through each date. Once vested, each RSU converts into one share of FreightCar America common stock, and he now holds 3,330 derivative securities directly following this grant.
FreightCar America, Inc. reported an equity award to a senior executive. Chief Commercial Officer Matthew W. Tonn was granted 13,540 restricted stock units (RSUs) on January 13, 2026 under the company’s 2022 Long Term Incentive Plan, at a stated price of $0 per unit.
The RSUs vest over three years, with 34% vesting on January 13, 2027, 33% on January 13, 2028, and 33% on January 13, 2029, as long as he continues in service through each date. Once vested, each RSU converts into one share of FreightCar America common stock, aligning the officer’s compensation with future company performance.