Filing Flows › Gevo (GEVO) › Q2 2025
Gevo (GEVO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Gevo (GEVO) reported revenue of $43.4M for the second quarter 2025 (Q2 2025), +725% from a year earlier and +49% from the quarter before. Operating margin was 13.4%, net earnings $2.1M (4.9% of revenue).
Gevo, Q2 2025: revenue $43.4M (+725% year over year), operating margin 13.4%, net earnings $2.1M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.4M | +49% | +725% |
| Gross profit | $18.9M | — | — |
| Operating profit | $5.8M | — | — |
| Net earnings | $2.1M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $43.4M in Q2 2025, up 725% year over year and up 49% from the previous quarter. Ethanol was the largest line at 66% of revenue. Other revenue added $1.4M year over year (up 1031%), 4% of the total change. Licensing and development revenue declined 50%.
Gross margin was 43.6%. Operating profit was $5.8M, a 13.4% margin (up 470.2 points year over year). Net earnings were $2.1M. The effective tax rate was 0.0%.
Operating cash flow was −$2.5M. Non-cash charges added back $7.2M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items used $14.7M. Capital expenditures of $5.2M exceeded it, leaving free cash flow of −$7.8M.
Questions
What was Gevo's revenue in the second quarter 2025?
Gevo (GEVO) reported revenue of $43.4M for the second quarter 2025 (Q2 2025), +725% from a year earlier and +49% from the quarter before.
Was Gevo profitable in the second quarter 2025?
Operating profit was $5.8M (13.4% of revenue) and net earnings $2.1M.
Source: Gevo 10-Q on SEC EDGAR.