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Financial statements

XCF Global, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data XCF Global, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025FY2025
Revenue020.8
Cost of revenue24.6
Gross profit-3.77
General and administrative18.222.4
Operating expenses21.264.1
Operating income-21.2-67.9
Other non-operating income-2.93142
Net income-24.174
EPS, basic0.52
EPS, diluted0.52
Shares, basic (weighted)142
Shares, diluted (weighted)142

Balance sheet

FY2025FY2025
Cash and equivalents0.410.15
Receivables24.6
Inventory0.34
Other current assets0.060.78
Total current assets1.4327.6
Property, plant and equipment352390
Total assets355419
Accounts payable8.4748.1
Short-term debt0.180.18
Total current liabilities180249
Long-term debt2.1
Total liabilities313382
Total debt124
Paid-in capital70.354.4
Retained earnings-29-16.7
Shareholders' equity41.437.7
Total equity41.437.7
Total liabilities and equity355419
Shares outstanding140206

Cash flow statement

FY2025FY2025
Net income-24.174
Stock-based compensation08.78
Change in receivables-19.9
Change in inventory-2.92
Cash from operations-11.1-17.9
Capital expenditures-28.7
Cash from investing-28.9-1.56
Debt repaid-0
Cash from financing40.319.2
Net change in cash0.24-0.25
Free cash flow-39.8
Interest paid6.59

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.37 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-16.8%Gross profit / revenue.
Operating margin-286.0%Operating income / revenue.
Net margin-397.5%Net income / revenue.
Operating cash flow margin-131.0%Cash from operations / revenue.
Return on equity (ROE)-163.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-14.4%Net income / average total assets.
Return on invested capital (ROIC)-93.4%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue9.4%Stock-based compensation (from the cash flow statement) / revenue.

Growth

MetricValueHow it is calculated
Book value growth, 1y-9.1%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y18.3%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.05xCurrent assets / current liabilities.
Quick ratio0.01x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets91.1%Total liabilities / total assets.
Working capital-$238.4MCurrent assets - current liabilities.
Tangible book value$37.3MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.04xRevenue / average total assets.
Fixed asset turnover0.04xRevenue / average property, plant and equipment.
Inventory turnover2.42xCost of revenue / average inventory.
Days inventory151 days365 x average inventory / cost of revenue.
Receivables turnover8.93xRevenue / average receivables.
Days sales outstanding41 days365 x average receivables / revenue.
Days payables860 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-669 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.17Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.04Revenue / diluted weighted shares.
Operating cash flow per share-$0.06Cash from operations / diluted weighted shares.
Book value per share$0.09Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.09Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$150.6MShare price x shares outstanding.
Enterprise value$150.3MMarket cap + total debt - cash - short-term investments.
P/S9.86xMarket cap / revenue.
P/B4.04xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book4.04xMarket cap / tangible book value, when positive.
EV/Sales9.84xEnterprise value / revenue.
Earnings yield-40.3%Net income / market cap (the inverse of P/E).
What was XCF Global, Inc.'s revenue in fiscal 2025?

XCF Global, Inc. reported revenue of $20.8M for fiscal 2025.

Was XCF Global, Inc. profitable in fiscal 2025?

Yes. Net income was $74.0M, a net margin of 355.5%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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