Filing Flows › Aemetis (AMTX) › Q2 2025
Aemetis (AMTX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Aemetis (AMTX) reported revenue of $52.2M for the second quarter 2025 (Q2 2025), -22% from a year earlier and +22% from the quarter before. Operating margin was -20.4%, net loss $23.4M (44.8% of revenue).
Aemetis, Q2 2025: revenue $52.2M (-22% year over year), operating margin -20.4%, net loss $23.4M, operating cash flow −$5.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.2M | +22% | -22% |
| Operating profit | −$10.7M | — | — |
| Net earnings | −$23.4M | — | — |
| Operating cash flow | −$5.7M | -3686% | — |
What changed
Revenue was $52.2M in Q2 2025, down 22% year over year and up 22% from the previous quarter. California Ethanol was the largest line at 71% of revenue. India Biodiesel lost $12.9M year over year (down 52%), 90% of the total change.
Operating costs exceeded revenue by $10.7M, an operating margin of -20.4%. Total costs fell 22% while revenue fell 22%. The quarter ended with a net loss of $23.4M, narrower than the previous quarter's $24.5M loss. Net interest and other expense of $13.2M was the main reason.
Operating cash flow was −$5.7M. Non-cash charges added back $2.4M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $13.9M. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$9.3M.
Questions
What was Aemetis' revenue in the second quarter 2025?
Aemetis (AMTX) reported revenue of $52.2M for the second quarter 2025 (Q2 2025), -22% from a year earlier and +22% from the quarter before.
Was Aemetis profitable in the second quarter 2025?
Operating loss was $10.7M (-20.4% of revenue) and net loss $23.4M.
Source: Aemetis 10-Q on SEC EDGAR.