FreightCar America, Inc.
NASDAQ:RAIL · NASDAQ Global Select
+$0.08 today
Vol 0.26M · Avg 0.17M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:RAIL · Revenue to Net Income
Key Ratios
Analysis
$469.0M of revenue converted into $29.3M of net income for the selected period. Gross margin is 15.1% and net margin is 14.2%, showing how much revenue survives after costs and taxes. EPS is $0.76, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $501.0M -10.4% | $559.4M +56.2% | $358.1M -1.8% | $364.8M +79.6% | $203.1M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $427.8M -13.1% | $492.4M +55.7% | $316.3M -6.7% | $338.9M +76.9% | $191.6M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $73.2M +9.2% | $67.0M +60.5% | $41.8M +61.7% | $25.8M +125.4% | $11.5M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 14.6% +2.6pp | 12.0% +0.3pp | 11.7% +4.6pp | 7.1% +1.4pp | 5.6% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $39.3M | $0 | $0 | $0 | $0 | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $39.3M +32.2% | $29.7M -5.0% | $31.3M -23.4% | $40.8M +19.4% | $34.2M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $6.2M +7.7% | $5.8M +25.1% | $4.6M +11.4% | $4.1M -3.9% | $4.3M | $374.2M | $1.2B | $631.8M |
| EBITDA | $12.9M -67.4% | $39.5M +117.8% | $18.1M +411.7% | -$5.8M +47.1% | -$11.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 2.6% -4.5pp | 7.1% +2.0pp | 5.1% +6.7pp | -1.6% +3.8pp | -5.4% | 5.6% | 46.3% | 42.0% |
| Operating Income | $33.9M -9.2% | $37.3M +255.9% | $10.5M +169.8% | -$15.0M +34.0% | -$22.8M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 6.8% +0.1pp | 6.7% +3.7pp | 2.9% +7.0pp | -4.1% +7.1pp | -11.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $17.6M +156.4% | $6.8M -54.4% | $15.0M -40.9% | $25.4M +90.9% | $13.3M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$44.8M +58.3% | -$107.3M -229.4% | -$32.6M -51.5% | -$21.5M -24.5% | -$17.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$10.9M +84.5% | -$70.0M -216.8% | -$22.1M +39.5% | -$36.5M +8.7% | -$40.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -2.2% +10.3pp | -12.5% -6.3pp | -6.2% +3.8pp | -10.0% +9.7pp | -19.7% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$49.0M -938.9% | $5.8M +288.9% | $1.5M -35.1% | $2.3M +63.6% | $1.4M | $1.3B | -$1.6B | $745.2M |
| Net Income | $38.1M +150.3% | -$75.8M -221.4% | -$23.6M +39.3% | -$38.8M +6.3% | -$41.4M | $4.9B | $4.8B | $4.7B |
| Net Margin | 7.6% +21.2pp | -13.6% -7.0pp | -6.6% +4.1pp | -10.7% +9.8pp | -20.4% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +137.2% | -$3 -164.4% | -$1 +24.4% | -$2 +22.0% | -$2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +134.9% | -$3 -164.4% | -$1 +24.4% | -$2 +22.0% | -$2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $31.8M +3.5% | $30.7M +8.3% | $28.4M +14.2% | $24.8M +19.6% | $20.8M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $33.8M +10.0% | $30.7M +8.3% | $28.4M +14.2% | $24.8M +19.6% | $20.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Roma Green Finance Limited Ordinary Shares
NASDAQ:ROMA
$476.52M

Innovative Aerosystems, Inc.
NASDAQ:ISSC
$304.36M

Seanergy Maritime Holdings Corp.
NASDAQ:SHIP
$303.86M

RCM Technologies, Inc.
NASDAQ:RCMT
$187.15M

Resources Connection, Inc.
NASDAQ:RGP
$146.59M
ZJK Industrial Co., Ltd.
ZJK
$139.58M

SKYX Platforms Corp.
NASDAQ:SKYX
$115.83M
Freightos Limited Ordinary shares
NASDAQ:CRGO
$77.01M

Blink Charging Co.
NASDAQ:BLNK
$76.67M
Scage Future American Depositary Shares
SCAG
$25.59M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does RAIL generate?
FreightCar America, Inc. (RAIL) reported $500.99M of revenue in fiscal 2025.
Is RAIL profitable?
FreightCar America, Inc. (RAIL) reported $38.10M of net income, with a net margin of 7.6%.
Explore More
Continue the stock analysis
Jump to another research area for this company.