EarningsQ2 2026 Earnings Report
DE:3FF Q2 2026 EPS Results
Actual EPS€0.22
Consensus EPS―
Beat/Miss―
One Year Ago EPS-€0.21
DE:3FF Q2 2026 Revenue Results
Actual Revenue€68.23M
Expected Revenue―
Beat/Miss―
YoY Revenue Growth+120.69%
Earnings Announcement Details
QuarterQ2 2026
Date08/10/2026
TimeAfter Close
Conference CallMonday, August 10, 2026
DE:3FF Upcoming Earnings
Futurefuel's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:3FF Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized a clear operational turnaround and return to profitability driven by strong revenue growth (+120.7%), higher volumes (+40.4%), improved price realization (+80.2%) and positive adjusted EBITDA, alongside strengthened liquidity and favorable regulatory tailwinds (RFS mandates and 45Z clarity). Key achievements include large YoY gross profit recovery, production increases, improved capacity utilization, customer-funded expansion commitments and a $22M credit monetization expected in H2. Offsetting these positives are persistent elevated feedstock costs, a multi-week biodiesel outage during the quarter, hedging-related volatility, moderate remaining utilization headroom, and long lead times for new customer builds. On balance, the positive developments and financial momentum materially outweigh the challenges.Company Guidance
Strong Revenue Growth
Total revenue of $78.7 million in the quarter, an increase of 120.7% versus $35.7 million in the prior-year quarter, driven by higher throughputs, improved mix, and higher average pricing.
Return to Profitability
Net income of $11.4 million compared with a net loss of $14.2 million year-over-year; adjusted EBITDA of $11.8 million versus an adjusted EBITDA loss of $11.4 million in the prior-year period.
Large Improvement in Gross Profit
Total gross profit of $15.0 million versus a gross loss of $12.4 million year-over-year; chemicals gross profit improved to $5.0 million from $1.1 million and biofuels gross profit improved to $10.1 million from a gross loss of $13.5 million.
Material Production and Volume Increases
Total production increased 26% year-over-year in the quarter; total volume growth of 40.4%; chemical segment production up 34% and biofuel production up 21% year-over-year.
Price Realization and Mix Benefits
Average blended price increased by 80.2% year-over-year, contributing materially to revenue and gross profit improvements.
Improved Capacity Utilization
Chemical segment capacity utilization improved to 65% (from 54% prior-year) and biofuel capacity utilization improved to 56%, indicating stronger operating leverage as throughput scales.
Stronger Cash Flow and Liquidity Position
Net cash provided by operations of $18.8 million versus $5.2 million prior-year; cash and cash equivalents of $34.3 million at quarter-end (up from $22.4 million), and a $35 million revolving credit facility with no borrowings.
Regulatory and Credit Monetization Tailwinds
Secured a 4-year agreement to monetize Section 45Z and small producer tax credits; expected gross proceeds of approximately $22 million in the second half of the year ($3 million in Q3 and $19 million in Q4). Additionally, EPA RFS mandates and updated 45Z rules provide favorable regulatory clarity for biodiesel economics.
Customer-Funded Expansion and Pipeline
Customer commit/arrangement referenced for more than $40 million of investment over the next ~3 years to support incremental capacity; customer-funded investments of ~$1.9 million in the quarter (~$3.5 million year-to-date) demonstrate commercial traction and de-risked capacity expansion.
DE:3FF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed