XCF Global Inc. (Nasdaq: SAFX) reported more than US$10 million in August revenue after completing its first month of commercial renewable-fuel sales following the restart of its Nevada production facility.
The company announced that it shipped approximately 1.3 million gallons of renewable diesel from the New Rise Renewables Reno facility during August.
Reported revenue included fuel sales, related incentives and renewable attributes. XCF did not disclose the contribution from each category or provide corresponding gross-profit, operating-expense or cash-flow figures.
“August renewable diesel sales and revenue demonstrate our continued commercial and operational execution,” CEO Chris Cooper said.
Management reported that daily production and sales increased from approximately 50,000 gallons to more than 70,000 gallons. XCF is ultimately targeting the facility’s permitted nameplate capacity of more than 100,000 gallons per day, equivalent to approximately 38 million gallons annually.
New Rise Reno resumed operations in July following an upgrade program. In an August operational update, XCF said the facility had produced renewable diesel, completed initial fuel sales and begun additional optimization work.
The August figure represents a significant increase from XCF’s financial results before the restart. Its first-quarter regulatory filing reported US$348,688 in revenue, a US$17.81 million net loss and US$4.34 million in operating cash use for the three months ended March 31.
XCF held approximately US$1.05 million in cash at quarter-end and reported a US$240.61 million working-capital deficit, primarily associated with notes classified as current liabilities. Management said those conditions raised substantial doubt about the company’s ability to continue as a going concern and that additional financing would be required unless operations generated sufficient cash flow.
Those financial figures predate the Reno facility’s July restart and the August commercial-sales milestone. Completed quarterly results will be required to evaluate production costs, margins and the extent to which the new revenue improves XCF’s liquidity.
Upcoming Catalysts
Future operating updates could show whether New Rise Reno sustains its current production rate and advances toward nameplate capacity. Investors will also be watching for completed quarterly financial statements covering the post-restart period.
XCF shareholders are scheduled to meet on October 5 to consider the company’s proposed business combination with DevvStream Corp. and Southern Energy Renewables. The meeting proposals include increasing XCF’s authorized shares from 500 million to 1.7 billion and approving the potential issuance of shares equal to 19.99% or more of its outstanding common stock. The transaction and related share issuances could materially dilute existing shareholders.
Sources
- XCF Global reports August renewable-fuel revenue
- XCF Global August operational update
- XCF Global first-quarter 2026 Form 10-Q
- XCF Global special-meeting update
Editorial Disclosure: This article is based entirely on publicly available information, including company announcements and regulatory filings. Next Gen Tech Stocks was not compensated by XCF Global Inc. for this coverage, and the author holds no position in the securities mentioned. The August revenue and production figures were reported by management and were not accompanied by completed quarterly financial statements or independently verified by Next Gen Tech Stocks. XCF faces substantial liquidity, financing, operating, Nasdaq-compliance and dilution risks. Information is current as of September 25, 2026. This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Read our full disclaimer.
