Every 10-Q that Future Fuel Corporation (FF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FF filings page.
FutureFuel Corp. reported a sharp turnaround for the quarter ended June 30, 2026, driven by strong growth in both its chemicals and biofuels segments. Quarterly revenue rose 121% to $78.7 million from $35.7 million a year earlier, and the company moved from a net loss to net income of $11.4 million, or $0.25 per diluted share, versus a loss of $14.2 million, or $0.32 per share, in 2025. For the first six months, revenue increased 108% to $110.7 million and the net loss narrowed to $9.2 million from $32.3 million.
Chemical segment revenue grew 56% in the quarter to $25.8 million, benefiting from higher volumes and a new energy-market product, with segment gross profit improving to $4.9 million. Biofuels revenue rose 178% to $52.9 million, and segment gross profit swung from a loss to $10.1 million, supported by clearer Clean Fuel Production Credit rules, record renewable volume obligations, and favorable derivative mark-to-market effects.
Adjusted EBITDA improved from $(11.4) million to $11.8 million in the quarter. Cash and cash equivalents were $34.4 million with no debt and a $35 million undrawn revolver, though cash declined due to higher working capital and capital expenditures. The company changed inventory accounting from LIFO to weighted average cost, applied retrospectively, and modestly reduced its quarterly dividend to $0.01 per share in 2026.
FutureFuel Corp. reported first-quarter 2026 revenue of $31.9 million, up sharply from $17.5 million a year earlier, but still posted a net loss of $20.6 million or $0.47 per share.
Adjusted EBITDA improved to a loss of $13.8 million from a loss of $16.1 million, helped by strong growth in the chemicals segment, including new energy-market products. Biofuels revenue rose, but derivative losses of $11.6 million and non-recurring Winter Storm Fern costs of $1.4 million weighed on margins.
The company ended the quarter with $22.4 million in cash, negative operating cash flow of $20.0 million, and no borrowings under a $35 million revolving credit facility. FutureFuel also changed its inventory accounting from LIFO to weighted average cost and continued to benefit from the Clean Fuel Production Credit.
FutureFuel Corp. reported a difficult quarter. For Q3 2025, revenue was $22.7 million versus $51.1 million a year ago, and the company posted a net loss of $9.3 million, or $0.21 per share. Year to date, revenue was $75.9 million (down 58% from $181.8 million), with a net loss of $37.4 million.
Management cited continued uncertainty around the Clean Fuel Production Credit and weak renewable fuel markets. In the quarter, FutureFuel idled its biodiesel production line and executed a reduction in force, while retaining key staff to support a restart when conditions improve. Segment performance reflected the pressure: chemicals posted a Q3 gross loss of $4.4 million, and biofuels a gross loss of $2.4 million.
Liquidity remained solid with cash and cash equivalents of $85.6 million as of September 30, 2025, and no borrowings under a $75 million revolving credit facility maturing February 21, 2030. The company paid regular quarterly dividends of $0.06 per share during 2025. FutureFuel also recognized $2.5 million of Clean Fuel Production Credit in the nine months ended September 30, 2025.
FutureFuel Corp. reported revenue of $35.7 million for the quarter ended June 30, 2025, down 51% from $72.4 million a year earlier, and $53.2 million for the six months, down 59% from $130.7 million. The company recorded a net loss of $10.4 million for the quarter and $28.1 million for the six months; adjusted EBITDA was a $9.8 million loss for the quarter and a $25.9 million loss for the six months.
Declines were concentrated in the biofuels segment after an extended plant turnaround and the temporary idling of biodiesel production, which reduced volumes and caused a biofuel gross loss. The company recognized $2.5 million of the Clean Fuel Production Credit in the three and six months ended June 30, 2025, held $95.2 million of cash at quarter end, had no borrowings under its amended $75.0 million credit facility, and reported a subsequent legislative change extending the CFPC to December 31, 2029. On July 9, 2025, the company completed a reduction in force of 75 employees with estimated separation costs of approximately $386 thousand.