Filing Flows › FutureFuel (FF) › Q1 2026
FutureFuel (FF) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
FutureFuel (FF) reported revenue of $32.0M for the first quarter 2026 (Q1 2026), +82% from a year earlier and +61% from the quarter before. Operating margin was -65.2%, net loss $20.6M (64.4% of revenue).
FutureFuel, Q1 2026: revenue $32.0M (+82% year over year), operating margin -65.2%, net loss $20.6M, operating cash flow −$20.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.0M | +61% | +82% |
| Operating profit | −$20.8M | — | — |
| Net earnings | −$20.6M | — | — |
| Operating cash flow | −$20.0M | — | — |
What changed
Revenue was $32.0M in Q1 2026, up 82% year over year and up 61% from the previous quarter.
Operating costs exceeded revenue by $20.8M, an operating margin of -65.2%. Total costs grew 43% against revenue growth of 82%. The fastest-growing cost line was Other operating costs (+8737%). The quarter ended with a net loss of $20.6M, wider than the previous quarter's $12.0M loss.
Operating cash flow was −$20.0M. Non-cash charges added back $2.6M of depreciation and $305K of share-based compensation. Working capital and other items used $2.3M. Capital expenditures of $5.4M exceeded it, leaving free cash flow of −$25.4M.
Questions
What was FutureFuel's revenue in the first quarter 2026?
FutureFuel (FF) reported revenue of $32.0M for the first quarter 2026 (Q1 2026), +82% from a year earlier and +61% from the quarter before.
Was FutureFuel profitable in the first quarter 2026?
Operating loss was $20.8M (-65.2% of revenue) and net loss $20.6M.
Source: FutureFuel 10-Q on SEC EDGAR.