Filing Flows › Alto Ingredients (ALTO) › Q1 2026
Alto Ingredients (ALTO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Alto Ingredients (ALTO) reported revenue of $225M for the first quarter 2026 (Q1 2026), -0.8% from a year earlier and -3% from the quarter before. Operating margin was 1.1%, net earnings $4.3M (1.9% of revenue).
Alto Ingredients, Q1 2026: revenue $225M (-0.8% year over year), operating margin 1.1%, net earnings $4.3M, operating cash flow $4.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $225M | -3% | -0.8% |
| Gross profit | $9.2M | -39% | — |
| Operating profit | $2.5M | -66% | — |
| Net earnings | $4.3M | -80% | — |
| Operating cash flow | $4.2M | -56% | — |
| Free cash flow | $3.3M | -57% | — |
What changed
Revenue was $224.7M in Q1 2026, down 1% year over year and down 3% from the previous quarter.
Gross margin was 4.1%. Operating profit was $2.5M, a 1.1% margin (up 5.1 points year over year). Net earnings were $4.3M. The effective tax rate was 0.0%. Non-operating items added $1.8M, 41% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $4.2M, 99% of net earnings. Non-cash charges added back $6.4M of depreciation and amortization and $705K of share-based compensation. Working capital and other items used $7.1M. Capital expenditures of $909K left free cash flow of $3.3M.
Questions
What was Alto Ingredients' revenue in the first quarter 2026?
Alto Ingredients (ALTO) reported revenue of $225M for the first quarter 2026 (Q1 2026), -0.8% from a year earlier and -3% from the quarter before.
Was Alto Ingredients profitable in the first quarter 2026?
Operating profit was $2.5M (1.1% of revenue) and net earnings $4.3M.
Source: Alto Ingredients 10-Q on SEC EDGAR.