Filing Flows › Green Plains (GPRE) › Q3 2026
Green Plains (GPRE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Green Plains (GPRE) reported revenue of $496M for the third quarter 2026 (Q3 2026), -2% from a year earlier and +11% from the quarter before. Operating margin was 18.7%, net earnings $85.4M (17.2% of revenue).
Green Plains, Q3 2026: revenue $496M (-2% year over year), operating margin 18.7%, net earnings $85.4M, operating cash flow $583K. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $496M | +11% | -2% |
| Gross profit | $143M | +26% | +81% |
| Operating profit | $92.6M | +36% | +53% |
| Net earnings | $85.4M | +27% | +616% |
| Operating cash flow | $583K | -99% | -99% |
What changed
Revenue was $496.0M in Q3 2026, down 2% year over year and up 11% from the previous quarter. Ethanol Production was the largest line at 92% of revenue. Ethanol Production lost $19.1M year over year (down 4%), 153% of the total change.
Gross margin was 28.8%, up 13.3 points from Q3 2025. Operating profit was $92.6M, a 18.7% margin (up 6.8 points year over year). Operating expenses grew 174% against a revenue fall of 2%. Net earnings were $85.4M, up 616% year over year. The effective tax rate was 0.8%.
Operating cash flow was $583K (down 99% year over year), 1% of net earnings. Non-cash charges added back $23.6M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $110.6M. Capital expenditures of $11.9M exceeded it, leaving free cash flow of −$11.3M.
Questions
What was Green Plains' revenue in the third quarter 2026?
Green Plains (GPRE) reported revenue of $496M for the third quarter 2026 (Q3 2026), -2% from a year earlier and +11% from the quarter before.
Was Green Plains profitable in the third quarter 2026?
Operating profit was $92.6M (18.7% of revenue) and net earnings $85.4M.
Source: Green Plains 10-Q on SEC EDGAR.