Filing Flows › FutureFuel (FF) › Q4 2025
FutureFuel (FF) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 16, 2026
FutureFuel (FF) reported revenue of $19.8M for the fourth quarter 2025 (Q4 2025), -68% from a year earlier and -13% from the quarter before. Operating margin was -62.9%, net loss $12.0M (60.5% of revenue).
FutureFuel, Q4 2025: revenue $19.8M (-68% year over year), operating margin -62.9%, net loss $12.0M, operating cash flow −$27.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.8M | -13% | -68% |
| Operating profit | −$12.5M | — | -875% |
| Net earnings | −$12.0M | — | -529% |
| Operating cash flow | −$27.4M | — | — |
What changed
Revenue was $19.8M in Q4 2025, down 68% year over year and down 13% from the previous quarter.
Operating costs exceeded revenue by $12.5M, an operating margin of -62.9%. The quarter ended with a net loss of $12.0M, wider than the previous quarter's $9.3M loss.
Operating cash flow was −$27.4M. Non-cash charges added back $2.5M of depreciation and $320K of share-based compensation. Working capital and other items used $18.3M. Capital expenditures of $2.4M exceeded it, leaving free cash flow of −$29.9M.
Questions
What was FutureFuel's revenue in the fourth quarter 2025?
FutureFuel (FF) reported revenue of $19.8M for the fourth quarter 2025 (Q4 2025), -68% from a year earlier and -13% from the quarter before.
Was FutureFuel profitable in the fourth quarter 2025?
Operating loss was $12.5M (-62.9% of revenue) and net loss $12.0M.
Source: FutureFuel 10-K on SEC EDGAR.