Gevo Provides Business Update, Anticipates Carbon Business to Deliver Over $50 Million of Revenue in 2026
Key Highlights
- ➤Gevo carbon business expected to deliver over $50 million revenue in 2026
- ➤Approximately $20 million revenue unlocked from banked Canadian CFR credits in Q3 2026
- ➤Section 45Z tax credits sold for 2026 totaled $70 million
- ➤GND debottlenecking to raise ethanol capacity and carbon capture 10-15% is ahead of schedule
- ➤GND expansion targeting 150 million gallons annual ethanol production and over 400,000 tons annual CO2 storage
Expert Statements
Paul Bloom, Chief Executive Officer of Gevo
“I believe we've cracked the code for low-carbon fuels that drop into existing infrastructure while creating value from the carbon attributes beyond the fuel itself,”
Paul Bloom, Chief Executive Officer of Gevo
“For years, we've been building toward this moment. We are getting value from every component of our business - the fuel, the protein and the oil coproducts, and now, the carbon.”
Paul Bloom, Chief Executive Officer of Gevo
“Carbon has real value in the marketplace independent of the Section 45Z tax credit incentives,”
Paul Bloom, Chief Executive Officer of Gevo
“We are generating strong earnings through participation in compliance and voluntary carbon markets today and believe that the opportunity can grow significantly as we expand our production platform.”
Paul Bloom, Chief Executive Officer of Gevo
“We are building a carbon and low-carbon fuels platform that can extend across ethanol, SAF, renewable hydrocarbons, racing fuels and chemicals, ”
Paul Bloom, Chief Executive Officer of Gevo
“Our objective is to maximize the value of every product and every carbon attribute we generate and put Gevo in a position of financial strength in order to help finance our growth and deliver returns to shareholders.”
ENGLEWOOD, Colo., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) today provided a business update announcing strong growth of its carbon business and its anticipated delivery of over $50 million in revenue for 2026 from the carbon business and independent of U.S. federal government incentives such as the Section 45Z Clean Fuel Production Credit. The planned expansion of Gevo North Dakota (GND), expected to occur in 2028, could approximately double revenues from the carbon business and the other revenue streams from GND.
"I believe we've cracked the code for low-carbon fuels that drop into existing infrastructure while creating value from the carbon attributes beyond the fuel itself," said Gevo Chief Executive Officer Paul Bloom. "For years, we've been building toward this moment. We are getting value from every component of our business - the fuel, the protein and the oil coproducts, and now, the carbon."
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