SAFX

MKT CAP:$79M

XCF Global, Inc. Class A Common Stock

Market Cap

$79M

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Exploration & Production·🇺🇸·NASDAQ

Stock Price

$0.37+$0.11 (+39.66%)

Apr 22, 2026

Company Details

XCF Global, Inc. is a pioneering sustainable aviation fuel (SAF) company dedicated to accelerating the aviation industry's transition to net-zero emissions. The company develops and operates state-of-the-art clean fuel SAF production facili...

CEO

Christopher Cooper

IPO Date

Jun 9, 2025

Website

www.xcf.global

Key Metrics TTM

Revenue

$21M

— YoY

Net Income

$80M

EPS (Diluted)

$0.52

Free Cash Flow

-$36M

Revenue / Share

$0.15

Gross Margin

-18.1%

Operating Margin

-275.3%

Net Margin

384.5%

FCF Margin

-174.6%

P/S

3.8x

P/E

1.0x

Earnings Reports

FY 2025

Mar 31, 2026

$21MEPS $0.52

Q4 2025

Mar 31, 2026

$5MEPS -$0.22

Q3 2025

Nov 14, 2025

$10MEPS -$0.08

Q2 2025

Oct 15, 2025

$7MEPS $0.83

Q1 2025

May 29, 2025

$0EPS -$0.01

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$0	$0	-$27.6K
Q4 21	$0	$0	$0
Q1 22	$0	$0	-$457.1K
Q2 22	$0	$0	-$544.2K
Q3 22	$0	$0	-$445.6K
Q4 22	$0	$0	-$675.9K
Q1 23	$0	$0	-$425.7K
Q2 23	$0	$0	-$177.9K
Q3 23	$0	$0	-$185.3K
Q4 23	$0	$0	-$903.5K
Q1 24	$0	$0	-$3M
Q3 24	$0	$0	-$3M
Q1 25	$0	$0	-$1M
Q2 25	$7M	-$1M	-$34M
Q3 25	$10M	$3M	-$9M
Q4 25	$5M	-$6M	-$13M

Valuation

Quarter	P/S	P/E
Q2 21	—	—
Q4 21	—	—
Q1 22	—	110.8x
Q2 22	—	80.2x
Q3 22	—	74.5x
Q4 22	—	184.7x
Q1 23	—	191.6x
Q2 23	—	287.9x
Q3 23	—	488.5x
Q4 23	—	4319.4x
Q1 24	—	—
Q3 24	—	—
Q1 25	—	—
Q2 25	40.0x	2.6x
Q3 25	12.8x	2.2x
Q4 25	2.1x	0.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	-$7.0K	-$7.0K
Q2 21	-$39.7K	-$39.7K
Q3 21	-$129.1K	-$129.1K
Q4 21	-$959.3K	-$959.3K
Q4 22	-$1M	-$1M
Q1 23	-$399.8K	-$399.8K
Q2 23	-$289.9K	-$289.9K
Q3 23	-$185.3K	-$185.3K
Q4 23	-$1M	-$1M
Q1 24	-$388.4K	-$388.4K
Q3 24	-$11M	-$17M
Q2 25	-$9M	-$10M
Q3 25	-$5M	-$6M
Q4 25	-$4M	-$4M

Capital Expenditures

Quarter	CapEx
Q1 21	$0
Q2 21	$3
Q3 21	$0
Q4 21	$0
Q4 22	$0
Q1 23	$5
Q2 23	$0
Q3 23	$3
Q4 23	$3
Q1 24	$0
Q3 24	$6M
Q2 25	$1M
Q3 25	$310.0K
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	—	+10843.1%
Q3 22	—	+1516.1%
Q4 22	—	—
Q1 23	—	-6.9%
Q2 23	—	-67.3%
Q3 23	—	-58.4%
Q4 23	—	+33.7%
Q1 24	—	+521.6%
Q3 24	—	+1809.7%
Q1 25	—	+599.0%
Q2 25	—	+4432.9%
Q3 25	—	+586.9%
Q4 25	—	+421.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$0	—
Q2 21	$0	—
Q3 21	$0	—
Q4 21	$0	—
Q4 22	$0	—
Q1 23	$0	—
Q2 23	$0	—
Q3 23	$0	—
Q4 23	$0	—
Q1 24	$0	—
Q3 24	$0	—
Q2 25	$0	0.0%
Q3 25	$4M	44.2%
Q4 25	$3M	71.9%

OpEx Breakdown

Quarter	G&A	SG&A
Q2 21	—	$27.6K
Q1 22	—	$457.1K
Q2 22	—	$544.2K
Q3 22	—	$445.6K
Q4 22	—	$675.9K
Q1 23	—	$425.7K
Q2 23	—	$177.9K
Q3 23	—	$185.3K
Q4 23	—	$903.5K
Q1 24	—	$3M
Q3 24	$2M	—
Q1 25	—	$1M
Q2 25	—	$33M
Q3 25	$10M	—
Q4 25	$6M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$850.5K	$0	$850.5K
Q2 22	$619.0K	$0	$619.0K
Q3 22	$365.7K	$0	$365.7K
Q4 22	$13.7K	$0	$13.7K
Q1 23	$84.6K	$0	$84.6K
Q2 23	$163.5K	$0	$163.5K
Q3 23	$56.6K	$0	$56.6K
Q4 23	$631.3K	$0	$631.3K
Q1 24	$577.6K	$0	$577.6K
Q2 24	$50.2K	$0	$50.2K
Q3 24	$34.9K	$0	$34.9K
Q4 24	$19.7K	$0	$19.7K
Q1 25	$22.6K	$0	$22.6K
Q2 25	$410.9K	$0	$410.9K
Q3 25	$884.5K	$0	$884.5K
Q4 25	$154.9K	$0	$154.9K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	29M	0.0%	—
Q4 21	29M	0.0%	—
Q1 22	29M	0.0%	—
Q2 22	29M	0.0%	0.0%
Q3 22	29M	0.0%	0.0%
Q4 22	22M	-22.8%	-22.8%
Q1 23	11M	-51.5%	-62.6%
Q2 23	11M	0.0%	-62.6%
Q3 23	11M	0.0%	-62.6%
Q4 23	8M	-25.2%	-63.7%
Q1 24	8M	0.0%	-25.2%
Q3 24	149M	+1753.8%	+1286.9%
Q1 25	138M	-7.3%	+1186.0%
Q2 25	134M	-3.4%	+1559.7%
Q3 25	150M	+11.9%	+1757.0%
Q4 25	142M	-4.8%	-4.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	—	—
Q4 21	—	—
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q1 24	—	—
Q3 24	—	—
Q1 25	—	—
Q2 25	—	—
Q3 25	—	—
Q4 25	$88.4K	53

Revenue / Employee