Gevo — Third Quarter 2026 Earnings Summary
Gevo, Inc. reported record third-quarter 2026 financial results with revenue reaching $83 million, net income of $23 million, and non-GAAP Adjusted EBITDA of $44 million. The company's carbon business drove significant performance, generating approximately $29.4 million in revenue from Canadian Clean Fuel Regulation credits and contributing to a total cash position of $68 million. Gevo updated its full-year 2026 non-GAAP Adjusted EBITDA outlook to exceed $90 million, supported by non-recurring credit sales and improved renewable natural gas incentives. Additionally, the company is nearing completion of a debottlenecking project at its North Dakota facility and has secured financing progress for a future expansion aimed at doubling low-carbon ethanol production.
- Company
- GEVO INC
- Sector
- Basic Materials
- Industry
- Specialty Chemicals