FutureFuel Corp. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 9, 2026, reporting continued net losses across all three quarters of the year.

Key Highlights

  • Nine-month net loss: FutureFuel reported a net loss of $17,598 thousand for the nine months ended September 30, 2026, compared with a net loss of $41,440 thousand for the same period in 2025.
  • Q3 net loss: The company reported a net loss of $8,386 thousand for the three months ended September 30, 2026, versus a net loss of $9,156 thousand in Q3 2025.
  • Revenue increase: Revenue for the nine months ended September 30, 2026 was $215,302 thousand, up from $75,900 thousand for the same period in 2025.
  • Cash decline: Cash and cash equivalents fell to $21,331 thousand at September 30, 2026, from $51,316 thousand at December 31, 2025.
  • Gross loss: The company recorded a gross loss of $6,272 thousand for the nine-month period, compared with a gross loss of $34,054 thousand in the prior-year period.
  • Shares outstanding: Common shares outstanding as of November 9, 2026 were 43,863,318.
  • Dividends declared: Cash dividends of $0.01 per share were declared in each of the first three quarters of 2026.

FutureFuel's Financial Position for the Nine Months Ended September 30, 2026

According to the filing, FutureFuel Corp. (NYSE:FF) reported total revenue of $215,302 thousand for the nine months ended September 30, 2026, a substantial increase from $75,900 thousand in the comparable prior-year period. Despite higher revenue, cost of goods sold also rose to $218,915 thousand from $108,155 thousand, resulting in a gross loss of $6,272 thousand. For the third quarter alone, revenue was $104,675 thousand against cost of goods sold of $109,283 thousand, producing a quarterly gross loss of $5,437 thousand.

The company disclosed a loss from operations of $18,442 thousand for the nine-month period, with total operating expenses of $12,170 thousand inclusive of compensation expense, research and development, and other selling, general, and administrative costs. After accounting for interest income of $673 thousand and an income tax benefit of $251 thousand, the nine-month net loss was $17,598 thousand, or $0.40 per basic and diluted share. The filing notes prior-period figures have been "As Adjusted (Note 1)" to reflect a change in accounting principle.

On the balance sheet, total assets were $204,045 thousand at September 30, 2026, compared with $200,322 thousand at December 31, 2025. Total liabilities grew to $59,564 thousand from $37,679 thousand over the same period, partly driven by an increase in other noncurrent liabilities to $19,976 thousand from $7,048 thousand. Total stockholders' equity stood at $144,481 thousand. Net cash used in operating activities was $11,477 thousand and capital expenditures totaled $16,720 thousand for the nine months ended September 30, 2026.

What Was Disclosed

FutureFuel Corp. disclosed its unaudited consolidated financial statements for the nine months and quarter ended September 30, 2026, showing continued net losses, higher revenue relative to the prior year, reduced cash balances, and increased total liabilities compared with year-end 2025.