Filing Flows › Aemetis (AMTX) › Q1 2026
Aemetis (AMTX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Aemetis (AMTX) reported revenue of $54.6M for the first quarter 2026 (Q1 2026), +27% from a year earlier and +26% from the quarter before. Operating margin was -11.6%, net loss $21.7M (39.8% of revenue).
Aemetis, Q1 2026: revenue $54.6M (+27% year over year), operating margin -11.6%, net loss $21.7M, operating cash flow −$10.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.6M | +26% | +27% |
| Operating profit | −$6.3M | — | — |
| Net earnings | −$21.7M | — | — |
| Operating cash flow | −$10.6M | -283% | -6698% |
What changed
Revenue was $54.6M in Q1 2026, up 27% year over year and up 26% from the previous quarter. California Ethanol was the largest line at 71% of revenue. India Biodiesel Segment added $7.8M year over year (up 291%), 67% of the total change.
Gross margin was 5.0%. Operating costs exceeded revenue by $6.3M, an operating margin of -11.6%. The quarter ended with a net loss of $21.7M, wider than the previous quarter's $5.3M loss. Net interest and other expense of $15.5M was the main reason.
Operating cash flow was −$10.6M. Non-cash charges added back $2.5M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $6.9M. Capital expenditures of $6.5M exceeded it, leaving free cash flow of −$17.1M.
Questions
What was Aemetis' revenue in the first quarter 2026?
Aemetis (AMTX) reported revenue of $54.6M for the first quarter 2026 (Q1 2026), +27% from a year earlier and +26% from the quarter before.
Was Aemetis profitable in the first quarter 2026?
Operating loss was $6.3M (-11.6% of revenue) and net loss $21.7M.
Source: Aemetis 10-Q on SEC EDGAR.