XCF Global Q1 FY26 net loss widens to $17.81 million; revenue rises to $348,688

XCF Global, Inc. Class A

XCF Global, Inc. Class A

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  • XCF Global posted Q1 net loss of $17.81 million, widening from $7.47 million a year earlier, as operating loss widened to $10.34 million from $5.91 million.
  • Revenue was $348,688, compared with no revenue a year earlier, while cost of sales totaled $660,938.
  • Total operating expenses climbed to $10.03 million from $5.91 million, driven by professional fees of $2.63 million and general and administrative expenses of $3.97 million.
  • Interest expense, net rose to $3.08 million from $1.5 million, while loss per share widened to $0.07 from $0.05.
  • Cash and cash equivalents were $1.05 million at March 31, 2026, with working capital deficit of $240.61 million; Phillips 66 terminated supply and offtake agreement effective May 1, 2026, prompting a $1.66 million accounts receivable write-off, while XCF signed a term sheet for a renewable fuel tolling agreement with BGN and expects to resume SAF production as early as Q2 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XCF Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023764), on May 15, 2026, and is solely responsible for the information contained therein.