FutureFuel Swings to $0.25 EPS Profit as Revenue Doubles; Cash Burn Persists
FF has more than doubled off its 52-week low of $3.09 on elevated volume (2.9× avg).
Summary
FutureFuel reported Q2 EPS of $0.25, a sharp turnaround from the wider net loss and cash burn disclosed in Q1. The company swung to profitability on more than doubled revenue, but cash reserves fell and the dividend was cut to a penny.
Key Events · Earnings and Guidance · FF
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Q2 Profit Swing
Net income of $11.4M ($0.25 per share) compared to a $14.2M loss in Q2 2025. Revenue more than doubled to $78.7M.
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Gross Margin Recovery
Gross profit of $15.0M vs. a $12.4M loss last year, driven by energy-market chemical sales and biofuel regulatory clarity.
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Cash Burn Continues
Operating cash outflow of $1.2M in H1 2026. Cash and equivalents fell to $34.4M from $51.3M at year-end 2025.
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Dividend Slashed
Quarterly dividend cut to $0.01 per share from $0.06 in prior quarters, conserving cash amid tight liquidity.
Analysis · FF · Industrial Applications And Services
FutureFuel delivered a dramatic Q2 turnaround, posting net income of $11.4 million versus a $14.2 million loss a year ago. Revenue more than doubled to $78.7 million, driven by surging energy-market chemical sales and regulatory clarity in biofuels. Gross profit swung from a $12.4 million deficit to a $15.0 million gain. However, the company still burned $1.2 million in operating cash in the first half, cash reserves dropped to $34.4 million, and the dividend was slashed to a token $0.01 per share — signaling that while operations have improved, liquidity remains tight.
At the time of this filing, FF was trading at $6.25 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $226.3M. The 52-week trading range was $3.09 to $5.40. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.