Filing Flows › Materials › Gevo (GEVO)
Gevo (GEVO) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 6, 2026 · Gevo (GEVO) Q2 2026 earnings results →
Q2 2026 Revenue up 7% year over year to $46.5M · 379¢ of every $1 of revenue lost · operating margin -369.3%
Gevo made $46.5M in Q2 2026 (+7% Y/Y): Ethanol $29.5M, Ethanol related products $9.7M, Environmental attributes $5.6M. Operating margin -369.3%, net loss $176M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 6, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $46.5M in Q2 2026, up 7% year over year and up 8% from the previous quarter. Ethanol was the largest line at 63% of revenue. Environmental attributes added $1.5M year over year (up 37%), 49% of the total change. Other declined 22%.
Gross margin was 42.6%, down 1.0 points from Q2 2025. Operating costs exceeded revenue by $171.7M, an operating margin of -369.3%. Operating expenses grew 1358% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+12430%). The quarter ended with a net loss of $176.3M, wider than the previous quarter's $21.4M loss.
Operating cash flow was −$8.3M. Non-cash charges added back $6.8M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $158.6M. Capital expenditures of $12.5M exceeded it, leaving free cash flow of −$20.8M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 6, 2026 | $46.5M | +7% | -369.3% | −$176M | −$8.3M |
| Q1 2026 | 10-Q | May 7, 2026 | $42.9M | +48% | -11.4% | −$21.4M | −$21.1M |
| Q4 2025 | 10-K | Mar 5, 2026 | $45.3M | +696% | -4.8% | −$6.0M | $20.0M |
| Q3 2025 | 10-Q | Nov 10, 2025 | $42.7M | 22× | -8.6% | −$7.6M | −$6.8M |
| Q2 2025 | 10-Q | Aug 11, 2025 | $43.4M | +725% | 13.4% | $2.1M | −$2.5M |
| Q1 2025 | 10-Q | May 13, 2025 | $29.1M | +630% | -69.2% | −$21.8M | −$24.0M |
| Q4 2024 | 10-K | Mar 27, 2025 | $5.7M | +30% | -344.7% | −$17.6M | −$18.8M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Gevo
Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates an ethanol plant with an adjacent CCS facility and Class VI carbon-storage well. Gevo also owns and operates one of the largest dairy-based RNG facilities in the United States, turning by-products into clean, reliable energy.
In its own words, from its 8-K, filed Aug 6, 2026.
Gevo against its Industrial Organic Chemicals peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +7% against the peers' median +5%. Operating margin: -369.3% against the peers' median 15.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| GEVO Gevo | Q2 2026 | $46.5M | +7% | -369.3% |
| LYB LyondellBasell Industries N.V. | Q3 2026 | $8.5B | +10% | 12.6% |
| WLK Westlake | Q3 2026 | $3.0B | +5% | 1.4% |
| IFF International Flavors & Fragrances | Q3 2026 | $1.9B | +4% | 8.2% |
| Union Carbide | Q3 2026 | $1.5B | +38% | 29.6% |
| NEU Newmarket | Q3 2026 | $717M | +4% | 20.0% |
| GPRE Green Plains | Q3 2026 | $496M | -2% | 18.7% |
| SXT Sensient Technologies | Q3 2026 | $456M | +11% | 15.9% |
| WLKP Westlake Chemical Partners LP | Q3 2026 | $314M | +2% | 30.4% |
Source: Gevo 10-Q on SEC EDGAR · CIK 1392380 · Industrial Organic Chemicals
13F: who owns GEVO and who is buying
More on GEVO
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results