FutureFuel Corp. reported a challenging financial year in 2025, but company leaders say key investments and operational improvements are positioning the company for long-term growth as it approaches a major milestone.
The Batesville-based manufacturer reported a net loss of $49.4 million, or $1.13 per diluted share, as revenue declined to $95.7 million, down 61% from the previous year.
Fourth quarter results also reflected the downturn, with revenue totaling $19.8 million and a net loss of $12.0 million.
Challenges in 2025
Company officials say the decline was largely driven by continued pressure in the biofuels segment, including:
Uncertainty surrounding federal clean fuel tax credits
High input and production costs
Reduced production volumes
These challenges led to a temporary slowdown in operations, including a pause in biodiesel production earlier in the year.
Positioned for Improvement in 2026
Despite the financial losses, FutureFuel leadership emphasized progress made behind the scenes.
CEO Roeland Polet said the company used 2025 to strengthen its operational foundation, improve plant reliability, and prepare for future growth.
Key developments include:
Completion of a new methacrylate chemical plant, now fully operational
Restart of biodiesel production late in 2025
Expansion projects expected to boost revenue and margins by late 2026
Improved regulatory clarity through the IRA 45Z program is also expected to support growth in the biofuels segment moving forward.
Looking Ahead to 50 Years
FutureFuel will celebrate its 50 year anniversary in 2026, marking 5 decades of supplying specialty chemicals and biofuels to customers around the world.
Company leaders say that milestone underscores both its long-standing industry presence and its commitment to continued innovation.
While market conditions remain challenging, FutureFuel expects improved operating performance throughout 2026 as production increases and new projects come online.
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