Futurefuel | 8-K: FY2026 Q2 Revenue: USD 78.73 M

Revenue: As of FY2026 Q2, the actual value is USD 78.73 M.

EPS: As of FY2026 Q2, the actual value is USD 0.25.

EBIT: As of FY2026 Q2, the actual value is USD 11.44 M.

Consolidated Financial Performance

Net Income

FutureFuel Corp. reported a GAAP net income of $11.4 million in the second quarter of 2026, an increase of $25.6 million compared to the prior year period, which saw a net loss of - $14.2 million. For the six months ended June 30, 2026, the company reported a net loss of - $9.212 million, an improvement from a net loss of - $32.284 million in the same period of 2025.

Adjusted EBITDA

Adjusted EBITDA for the second quarter of 2026 was $11.8 million, an increase of $23.2 million compared to the prior year period, which recorded - $11.4 million. For the six months ended June 30, 2026, Adjusted EBITDA was - $2.003 million, an improvement from - $27.471 million in the same period of 2025.

Gross Profit

Total gross profit for the second quarter of 2026 was $15.0 million, a substantial improvement from a gross loss of - $12.4 million in the second quarter of 2025. For the six months ended June 30, 2026, total gross profit was - $0.835 million, compared to a gross loss of - $27.581 million in the same period of 2025.

Operating Cash Flow

Net cash flow from operations was $18.8 million in the second quarter of 2026, up from $5.2 million in the prior-year period. For the six months ended June 30, 2026, net cash used in operating activities was - $1.227 million, compared to - $0.183 million in the same period of 2025.

Cash and Equivalents

As of June 30, 2026, FutureFuel Corp. had total cash and equivalents of $34.3 million, an increase from $22.4 million at March 31, 2026. The company had no outstanding borrowings on its $35 million revolving credit facility.

Capital Expenditures

Capital expenditures totaled $8.0 million in the second quarter of 2026, with $2.9 million allocated to maintenance and $5.1 million to discretionary programs. For the first six months of 2026, capital expenditures were $13.4 million, comprising $4.1 million for maintenance and $9.3 million for discretionary programs. Approximately $1.9 million of discretionary capital expenditures in the second quarter and $3.5 million in the first six months were customer-funded.

Segment Performance

Chemicals Segment

• Revenue: Chemicals segment revenue increased to $25.8 million in the second quarter of 2026, a 55.5% increase from $16.6 million in the second quarter of 2025. Custom Chemical revenue rose 30% to $18.5 million, while Performance Chemical revenue increased 209% to $7.3 million.
• Gross Profit: Gross profit for the Chemicals segment was $5.0 million in the second quarter of 2026, an improvement from $3.8 million in the second quarter of 2025.
• Operational Metrics: Total Chemicals production capacity increased by 12% over the last twelve months. Chemicals segment capacity utilization improved to 65% in the second quarter of 2026, up from 54% in the prior-year period.

Biofuels Segment

• Revenue: Biofuels segment revenue increased 178% to $52.9 million in the second quarter of 2026, compared to $19.1 million in the same period last year.
• Gross Profit: Gross profit for the Biofuels segment was $10.1 million in the second quarter of 2026, a significant improvement from a gross loss of - $13.5 million in the prior year period.
• Operational Metrics: Biofuel segment produced 8.4 million gallons during the second quarter of 2026, up from 2.0 million gallons during the first quarter of 2026. Biofuels capacity utilization improved to 56% during the second quarter.

Outlook / Guidance

FutureFuel Corp. anticipates delivering positive Adjusted EBITDA for the full-year 2026, excluding non-cash derivative timing differences related to changes in physical commodity prices. The company expects Biodiesel production rates to exceed second-quarter levels in the third quarter, and Biofuels segment plant utilization to increase during the second half of 2026 due to improved regulatory clarity. FutureFuel Corp. also expects to receive $22 million in gross proceeds from the monetization of Section 45Z Clean Fuel Production and Small Producer Tax Credits during the second half of 2026.