Filing Flows › XCF Global (SAFX) › Q3 2025
XCF Global (SAFX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
XCF Global (SAFX) reported revenue of $9.6M for the third quarter 2025 (Q3 2025) and +45% from the quarter before. Operating margin was -90.3%, net loss $12.5M (131.0% of revenue).
XCF Global, Q3 2025: revenue $9.6M, operating margin -90.3%, net loss $12.5M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.6M | +45% | — |
| Operating profit | −$8.6M | — | — |
| Net earnings | −$12.5M | -111% | — |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $9.6M in Q3 2025, up 45% from the previous quarter. Renewable Diesel Products was the largest line at 52% of revenue.
Gross margin was 35.0%. Operating costs exceeded revenue by $8.6M, an operating margin of -90.3%. The quarter ended with a net loss of $12.5M, after a profit of $110.3M the previous quarter.
Operating cash flow was −$5.2M. Non-cash charges added back $4.2M of share-based compensation. Working capital and other items added $3.1M.
Questions
What was XCF Global's revenue in the third quarter 2025?
XCF Global (SAFX) reported revenue of $9.6M for the third quarter 2025 (Q3 2025) and +45% from the quarter before.
Was XCF Global profitable in the third quarter 2025?
Operating loss was $8.6M (-90.3% of revenue) and net loss $12.5M.
Source: XCF Global 10-Q on SEC EDGAR.