10-K - FreightCar America, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

FreightCar America, Inc. (RAIL) reported FY 2025 results with $501.0M in revenues, generating $73.2M in gross profit and $33.9M in operating income. The company recorded a net income of $38.1M, primarily driven by a $49.0M income tax benefit that offset a $10.9M loss before taxes. Key profitability metrics include a gross margin of 14.6% and an operating margin of 6.8%. The company generated $34.8M in operating cash flow, ending the year with $64.3M in cash and cash equivalents. However, the balance sheet shows significant liabilities including $168.5M in warrant liability and $97.5M in long-term debt, resulting in a stockholders' deficit of $107.4M. The company's financial position reflects ongoing challenges despite positive operating results.

Key Takeaways

1Revenue of $501.0M with gross profit of $73.2M (14.6% margin)

2Net income of $38.1M driven by $49.0M tax benefit

3Operating cash flow of $34.8M with $64.3M cash balance

4Total liabilities of $397.5M including $168.5M warrant liability

5Stockholders' deficit of $107.4M despite positive operating income

Key Financial Metrics

EPS

$1.00

Revenue

$501.0M

Net Income

$38.1M

Gross Margin

14.6%

Gross Profit

$73.2M

Operating Income

$33.9M

operating margin

6.8%