FutureFuel Corp. (FF) Financial Statements
Industry: Industrial Organic Chemicals
In fiscal 2025, FutureFuel reported revenue of $95.7M, down 60.7% from $243.3M the year before. Net income was -$49.4M (a -51.6% net margin), or -$1.13 per diluted share. Gross margin was -41.2% and operating margin was -55.3%. Operating activities generated -$28.7M of cash, leaving -$46.0M of free cash flow. At fiscal year end, FutureFuel held $192.2M in total assets against $37.5M in total liabilities, including $51.3M of cash and equivalents.
Open the full interactive FutureFuel financials → Quarterly statements, key ratios, valuation history and price charts.
FutureFuel Key Stats
| Share Price | $5.21 |
|---|---|
| Market Cap | $229.4M |
| Dividend Yield | 3.63% |
| Revenue YoY Growth | -60.7% |
| 52-Week Range | $2.99 – $6.36 |
| Shares Outstanding | 44.0 million (basic, 2026 Q2) |
FutureFuel Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $204.5M | $321.4M | $396.0M | $368.2M | $243.3M | $95.7M |
| Cost of Goods Sold | — | — | — | — | $220.9M | $132.8M |
| Gross Profit | $31.3M | $23.5M | $29.0M | $41.0M | $19.6M | -$39.4M |
| Operating Income | $22.3M | $12.9M | $17.5M | $27.4M | $6.4M | -$53.0M |
| Pre-Tax Income | $31.8M | $15.9M | $13.7M | $37.4M | $16.3M | -$49.2M |
| Income Tax | -$14.8M | -$10.3M | -$1.5M | $1,000 | $792,000 | $165,000 |
| Net Income | $46.6M | $26.3M | $15.2M | $37.4M | $15.5M | -$49.4M |
| Diluted EPS | $1.06 | $0.60 | $0.35 | $0.85 | $0.35 | -$1.13 |
FutureFuel Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $22.7M | $19.8M | $32.0M | $78.7M |
| Net Income | -$9.3M | -$12.0M | -$20.6M | $11.4M |
| Diluted EPS | -$0.21 | -$0.27 | -$0.47 | $0.25 |
FutureFuel Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $198.1M | $137.5M | $175.6M | $219.4M | $109.5M | $51.3M |
| Current Assets | $342.6M | $255.8M | $273.8M | $290.5M | $164.8M | $100.5M |
| Total Assets | $441.3M | $344.3M | $356.0M | $367.1M | $247.7M | $192.2M |
| Current Liabilities | $33.0M | $35.1M | $56.1M | $41.3M | $33.3M | $17.7M |
| Total Liabilities | $69.4M | $55.4M | $73.0M | $57.2M | $41.9M | $37.5M |
| Shareholders' Equity | $371.9M | $288.9M | $283.0M | $309.9M | $205.8M | $154.7M |
FutureFuel Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $96.4M | $44.1M | $52.5M | $24.0M | $24.8M | -$28.7M |
| Cash From Investing | $474,000 | $15.0M | -$3.8M | $30.3M | -$14.8M | -$18.6M |
| Cash From Financing | -$142.1M | -$119.7M | -$10.5M | -$10.5M | -$119.9M | -$10.9M |
| Free Cash Flow | $91.9M | $42.6M | $47.7M | $18.0M | $10.1M | -$46.0M |
| Dividends Paid | $141.7M | $119.9M | $10.5M | $10.5M | $119.9M | $10.5M |
Figures from FutureFuel's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full FutureFuel financials page for every line item.
FutureFuel Company Profile
| Ticker | FF |
|---|---|
| Exchange | NYSE |
| Industry | Industrial Organic Chemicals |
| Headquarters | Batesville, Arkansas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001337298 |
Frequently Asked Questions
What was FutureFuel's revenue in fiscal 2025?
FutureFuel (FF) reported revenue of $95.7M for fiscal 2025.
What is FutureFuel's annual revenue history?
FutureFuel's annual revenue by fiscal year: 2020: $204.5M; 2021: $321.4M; 2022: $396.0M; 2023: $368.2M; 2024: $243.3M; 2025: $95.7M.
What was FutureFuel's net income in fiscal 2025?
FutureFuel reported net income of -$49.4M for fiscal 2025.
What was FutureFuel's earnings per share (EPS) in fiscal 2025?
FutureFuel's diluted EPS was -$1.13 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did FutureFuel generate in fiscal 2025?
FutureFuel generated -$46.0M of free cash flow in fiscal 2025.
What was FutureFuel's revenue last quarter?
In its most recent reported quarter (2026 Q2), FutureFuel reported revenue of $78.7M.
How many shares of FutureFuel are outstanding?
FutureFuel reported a weighted average of 44.0 million basic shares outstanding in 2026 Q2.
What is FutureFuel's market cap?
Based on its latest closing price, FutureFuel (FF) has a market capitalization of about $229.4M.
When does FutureFuel's fiscal year end?
FutureFuel's fiscal year end, as registered with the SEC, is December 31.
Where is FutureFuel headquartered?
FutureFuel lists its business address in Batesville, Arkansas in its SEC filings.