Filing Flows › FutureFuel (FF) › Q3 2025
FutureFuel (FF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
FutureFuel (FF) reported revenue of $22.7M for the third quarter 2025 (Q3 2025), -56% from a year earlier and -36% from the quarter before. Operating margin was -42.9%, net loss $9.3M (41.1% of revenue).
FutureFuel, Q3 2025: revenue $22.7M (-56% year over year), operating margin -42.9%, net loss $9.3M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.7M | -36% | -56% |
| Operating profit | −$9.7M | — | — |
| Net earnings | −$9.3M | — | — |
| Operating cash flow | −$1.1M | -121% | — |
What changed
Revenue was $22.7M in Q3 2025, down 56% year over year and down 36% from the previous quarter.
Operating costs exceeded revenue by $9.7M, an operating margin of -42.9%. The quarter ended with a net loss of $9.3M, narrower than the previous quarter's $10.4M loss.
Operating cash flow was −$1.1M. Non-cash charges added back $2.4M of depreciation and $226K of share-based compensation. Working capital and other items added $5.6M. Capital expenditures of $5.3M exceeded it, leaving free cash flow of −$6.5M.
Questions
What was FutureFuel's revenue in the third quarter 2025?
FutureFuel (FF) reported revenue of $22.7M for the third quarter 2025 (Q3 2025), -56% from a year earlier and -36% from the quarter before.
Was FutureFuel profitable in the third quarter 2025?
Operating loss was $9.7M (-42.9% of revenue) and net loss $9.3M.
Source: FutureFuel 10-Q on SEC EDGAR.