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XCF Global (SAFX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 31, 2026

XCF Global (SAFX) reported revenue of $4.7M for the fourth quarter 2025 (Q4 2025) and -51% from the quarter before. Operating margin was -405.0%, net loss $16.3M (347.4% of revenue).

Revenue$4.7M
Year over year—
Quarter over quarter-51%
Operating margin-405.0%
Net earnings−$16.3M

XCF Global, Q4 2025: revenue $4.7M, operating margin -405.0%, net loss $16.3M, operating cash flow −$4.1M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$4.7M-51%—
Operating profit−$19.0M——
Net earnings−$16.3M——
Operating cash flow−$4.1M——

What changed

Revenue was $4.7M in Q4 2025, down 51% from the previous quarter.

Operating costs exceeded revenue by $19.0M, an operating margin of -405.0%. The quarter ended with a net loss of $16.3M, wider than the previous quarter's $12.5M loss.

Operating cash flow was −$4.1M. Non-cash charges added back $3.4M of share-based compensation. Working capital and other items added $8.8M.

Questions

What was XCF Global's revenue in the fourth quarter 2025?

XCF Global (SAFX) reported revenue of $4.7M for the fourth quarter 2025 (Q4 2025) and -51% from the quarter before.

Was XCF Global profitable in the fourth quarter 2025?

Operating loss was $19.0M (-405.0% of revenue) and net loss $16.3M.

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Source: XCF Global 10-K on SEC EDGAR.