Every 10-Q that XCF Global, Inc. (SAFX) 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 SAFX 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 SAFX filings page.
XCF Global, Inc. is a renewable fuels company focused on sustainable aviation fuel (SAF) that completed a SPAC business combination in June 2025 and now trades on Nasdaq under SAFX. For the three and six months ended June 30, 2026, revenue was $690,881 and $1,039,569, sharply below $6,576,232 in the prior-year periods, mainly from lower renewable diesel and environmental credit sales after the Phillips 66 offtake agreement was terminated effective May 1, 2026.
The company reported a net loss of $14.1 million for the quarter and $31.9 million for the first half of 2026, compared with net income of $110.3 million and $102.8 million a year earlier that was driven by large non-cash fair value gains on warrants and notes. Cash was $329,084 against current liabilities of $250.9 million, including $124.2 million of notes payable and significant accrued interest, and the company is in default on its Greater Nevada Credit Union loans. Management states that recurring losses, limited liquidity, and financing needs raise substantial doubt about its ability to continue as a going concern unless additional capital is obtained and the New Rise Reno SAF facility becomes fully operational. To support operations and a proposed tri-party merger with DevvStream Corp. and Southern Energy Renewables, the company raised equity capital, issued significant new shares (outstanding shares increased to 394.5 million), and entered into new commercial agreements with BGN INT US, LLC to facilitate feedstock supply and product commercialization.
XCF Global, Inc., a sustainable aviation fuel and renewable fuels developer, reported an early-stage but highly leveraged position for the quarter ended March 31, 2026. Revenue was modest at $348,688, mainly from renewable diesel, environmental credits and naphtha, while cost of sales of $660,938 produced a gross loss.
Operating expenses of $10.0 million and other expenses of $7.5 million led to a net loss of $17.8 million (basic and diluted loss per share $0.07). Total assets were $403.0 million, driven by construction in progress of $370.8 million, but current liabilities reached $244.8 million and total liabilities $377.7 million, leaving equity at $25.3 million.
Cash and cash equivalents were $1.0 million, and the company used $4.3 million of cash in operating activities while continuing to invest in its Reno facility. Management discloses recurring losses, large current obligations and loan defaults, concluding that there is substantial doubt about XCF Global’s ability to continue as a going concern.
XCF Global, Inc. (Nasdaq: SAFX) reported Q2 2025 results. The company closed its business combination on June 6, 2025 and began selling renewable diesel under a supply and offtake agreement with Phillips 66. Revenue reached $6.6 million, all from renewable diesel and related environmental credits, while cost of sales was $7.8 million, resulting in a $1.2 million gross loss.
Operating expenses were $33.1 million, including $13.2 million severance and $11.3 million professional fees. Other income totaled $144.6 million, driven primarily by a $206.2 million change in fair value of warrants, partly offset by losses and fees, yielding net income of $110.3 million.
Liquidity remains tight with $405,575 in cash and $247.3 million in current liabilities. The company disclosed substantial doubt about its ability to continue as a going concern. It is in default on GNCU notes (entire balance classified current) and received a default notice under a subscription agreement requiring monthly share issuance until cured. An up to $50 million equity line was put in place; $7.4 million of commitment shares were issued.