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How Gevo (GEVO) makes money
Gevo (GEVO) made $46.5M of revenue in the second quarter 2026 (Q2 2026), +7% from a year earlier. Ethanol brought in $29.5M (63%); Ethanol related products brought in $9.7M (21%); Environmental attributes brought in $5.6M (12%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Ethanol | $29.5M | 63.4% | +3% | +3% |
| Ethanol related products | $9.7M | 20.9% | +4% | +12% |
| Environmental attributes | $5.6M | 12.0% | +35% | +37% |
| Other | $1.5M | 3.3% | +323% | -22% |
| RNG Revenue | $209K | 0.4% | -61% | -7% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $46.5M | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $46.5M | +7% |
| Q1 2026 | $42.9M | +48% |
| Q4 2025 | $45.3M | +696% |
| Q3 2025 | $42.7M | 22× |
| Q2 2025 | $43.4M | +725% |
| Q1 2025 | $29.1M | +630% |
| Q4 2024 | $5.7M | +30% |
From Gevo's 10-Q filed Aug 6, 2026 (on EDGAR).
Questions
How does Gevo make money?
Gevo (GEVO) made $46.5M of revenue in the second quarter 2026 (Q2 2026), +7% from a year earlier. Ethanol brought in $29.5M (63%); Ethanol related products brought in $9.7M (21%); Environmental attributes brought in $5.6M (12%).
What is Gevo's biggest business?
Ethanol: $29.5M in the second quarter 2026, 63% of revenue, +3% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.