XCF Global Q2 FY26 net loss widens to $14.13 million; revenue drops to $690,881
SAFX•Operational update and liquidity
- New Rise Renewables Reno became fully operational on July 9, starting renewable diesel; first shipments began Aug. 6 at about 55,000 gallons daily.
- SAF production is expected to resume as early as Q4 2026.
- As of June 30, cash was $329,084 and the company reported a $238.35 million working-capital deficit.
Q2 results show lower revenue and wider loss
- XCF Global posted Q2 revenue of $690,881, down 89.5% from $6.58 million a year earlier.
- Net loss widened to $14.13 million from net income of $110.27 million; loss per share was $0.04 versus profit of $0.83.
- Operating loss narrowed to $5.76 million from $34.38 million, while interest expense climbed to $6.55 million from $2.07 million.
