Filing Flows › Gevo (GEVO) › Q1 2025
Gevo (GEVO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Gevo (GEVO) reported revenue of $29.1M for the first quarter 2025 (Q1 2025), +630% from a year earlier and +411% from the quarter before. Operating margin was -69.2%, net loss $21.8M (74.8% of revenue).
Gevo, Q1 2025: revenue $29.1M (+630% year over year), operating margin -69.2%, net loss $21.8M, operating cash flow −$24.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.1M | +411% | +630% |
| Operating profit | −$20.1M | — | — |
| Net earnings | −$21.8M | — | — |
| Operating cash flow | −$24.0M | — | — |
What changed
Revenue was $29.1M in Q1 2025, up 630% year over year and up 411% from the previous quarter. Ethanol was the largest line at 59% of revenue. Environmental Attributes added $1.6M year over year (up 42%), 6% of the total change.
Operating costs exceeded revenue by $20.1M, an operating margin of -69.2%. Total costs grew 82% against revenue growth of 630%. The fastest-growing cost line was Cost of revenue (+729%). The quarter ended with a net loss of $21.8M, wider than the previous quarter's $17.6M loss. Minority interests bore $45K of it: to shareholders the quarter was a loss of $21.7M.
Operating cash flow was −$24.0M. Non-cash charges added back $5.6M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $9.8M. Capital expenditures of $5.8M exceeded it, leaving free cash flow of −$29.9M.
Questions
What was Gevo's revenue in the first quarter 2025?
Gevo (GEVO) reported revenue of $29.1M for the first quarter 2025 (Q1 2025), +630% from a year earlier and +411% from the quarter before.
Was Gevo profitable in the first quarter 2025?
Operating loss was $20.1M (-69.2% of revenue) and net loss $21.8M.
Source: Gevo 10-Q on SEC EDGAR.