Filing Flows › Green Plains (GPRE) › Q1 2025
Green Plains (GPRE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Green Plains (GPRE) reported revenue of $602M for the first quarter 2025 (Q1 2025), +0.7% from a year earlier and +3% from the quarter before. Operating margin was -10.4%, net loss $72.6M (12.1% of revenue).
Green Plains, Q1 2025: revenue $602M (+0.7% year over year), operating margin -10.4%, net loss $72.6M, operating cash flow −$55.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $602M | +3% | +0.7% |
| Operating profit | −$62.3M | — | — |
| Net earnings | −$72.6M | — | — |
| Operating cash flow | −$55.0M | — | — |
What changed
Revenue was $601.5M in Q1 2025, up 1% year over year and up 3% from the previous quarter. Ethanol Production was the largest line at 83% of revenue. Agribusiness & Energy Services added $11.3M year over year (up 12%), 262% of the total change. Ethanol Production declined 1%.
Gross margin was 0.5%, down 0.9 points from a year earlier. Operating costs exceeded revenue by $62.3M, an operating margin of -10.4%. Operating expenses grew 23% against revenue growth of 1%. The fastest-growing cost line was SG&A (+35%). The quarter ended with a net loss of $72.6M, wider than the previous quarter's $54.7M loss.
Operating cash flow was −$55.0M. Non-cash charges added back $22.4M of depreciation and amortization and $8.8M of share-based compensation. Working capital and other items used $13.6M. Capital expenditures of $16.7M exceeded it, leaving free cash flow of −$71.8M.
Questions
What was Green Plains' revenue in the first quarter 2025?
Green Plains (GPRE) reported revenue of $602M for the first quarter 2025 (Q1 2025), +0.7% from a year earlier and +3% from the quarter before.
Was Green Plains profitable in the first quarter 2025?
Operating loss was $62.3M (-10.4% of revenue) and net loss $72.6M.
Source: Green Plains 10-Q on SEC EDGAR.