Quarterly ResultMay 11, 2026, 04:19 PM
FutureFuel Q1 Net Loss $(20.58)M; Revenue $31.9M (+81.9%)
AI Summary
FutureFuel Corp. reported a net loss of $(20.58) million, or $(0.47) per share, for the first quarter of 2026, compared to a net loss of $(18.09) million, or $(0.41) per share, in Q1 2025. Revenue significantly increased by 81.9% to $31.90 million. The company incurred $1.36 million in non-recurring costs due to Winter Storm Fern and recognized a net loss of $11.63 million from derivative instruments.
Key Highlights
- Net loss for Q1 2026 was $(20.58) million, up 13.7% from $(18.09) million in Q1 2025.
- Revenue increased 81.9% to $31.90 million in Q1 2026 from $17.54 million in Q1 2025.
- Loss per share was $(0.47) in Q1 2026, compared to $(0.41) in Q1 2025.
- Net cash used in operating activities was $(19.99) million, up from $(5.39) million.
- Cash and cash equivalents decreased to $22.37 million from $51.32 million since Dec 2025.
- Incurred $1.36 million in non-recurring costs from Winter Storm Fern in Q1 2026.
- Reported a net loss of $11.63 million from derivative instruments in Q1 2026.
- Changed inventory accounting from LIFO to weighted average cost effective Jan 1, 2026.