Gevo Reports Record Third Quarter 2026 Financial Results
Globe Newswire•10/11/2026•16:01 ET
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Key Highlights
- ➤Q3 revenue $83 million, up from $43 million year over year
- ➤Q3 net income $23 million versus an $8 million net loss
- ➤Q3 Adjusted EBITDA $44 million versus $7 million last year
- ➤2026 Adjusted EBITDA outlook raised to greater than $90 million
- ➤Section 45Z tax-credit sales reached $70 million for 2026
Expert Statements
Paul Bloom, Chief Executive Officer of Gevo
“The quarter marked our strongest financial performance to date, with record revenue, net income, Adjusted EBITDA(1) and cash flow from operations”
Paul Bloom, Chief Executive Officer of Gevo
“We said we would build a carbon business that stands on its own in 2026. These results show it’s working.”
Paul Bloom, Chief Executive Officer of Gevo
“By selling into both compliance and voluntary carbon markets, we’ve built a durable business from the carbon we capture and store today, contributing to both revenue and cash flow, ending the third quarter with $68 million in cash and setting the stage for our next phase of growth.”
Paul Bloom, Chief Executive Officer of Gevo
“Gevo has a powerful growth platform built on low-carbon fuels, carbon and maximizing incentives.”
Paul Bloom, Chief Executive Officer of Gevo
“We have focused development around our existing operations, improving margins and near-term cash flow, with a portfolio of growth projects we believe will create substantial shareholder value.”
Gevo Carbon Business Drives Net Income of $23 million and Adjusted EBITDA(1) of $44 million for Third Quarter
ENGLEWOOD, Colo., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) today announced its financial results for the third quarter ended September 30, 2026, reporting record revenue of $83 million, net income of $23 million, non-GAAP Adjusted EBITDA(1) of $44 million and cash flow from operations of $41 million.
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