Filing Flows › Green Plains (GPRE) › How it makes money
How Green Plains (GPRE) makes money
Green Plains (GPRE) made $496M of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Ethanol Production brought in $454M (92%); Agribusiness & Energy Services brought in $41.5M (8%). Of every dollar of revenue, 29¢ was left as gross profit, 19¢ was left as operating profit, 17¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Ethanol Production | $454M | 91.6% | +11% | -4% |
| Agribusiness & Energy Services | $41.5M | 8.4% | +17% | +19% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $496M | 100.0% |
| Cost of revenue | $353M | 71.2% |
| Gross profit | $143M | 28.8% |
| Operating expenses | $50.2M | 10.1% |
| Operating profit | $92.6M | 18.7% |
| Income tax | $700K | 0.1% |
| Net earnings | $85.4M | 17.2% |
| Operating cash flow | $583K | 0.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $496M | -2% |
| Q2 2026 | $446M | -19% |
| Q1 2026 | $446M | -26% |
| Q4 2025 | $429M | -27% |
| Q3 2025 | $508M | -23% |
| Q2 2025 | $553M | -11% |
| Q1 2025 | $602M | +0.7% |
From Green Plains' 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Green Plains make money?
Green Plains (GPRE) made $496M of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Ethanol Production brought in $454M (92%); Agribusiness & Energy Services brought in $41.5M (8%). Of every dollar of revenue, 29¢ was left as gross profit, 19¢ was left as operating profit, 17¢ was left as net earnings.
What is Green Plains' biggest business?
Ethanol Production: $454M in the third quarter 2026, 92% of revenue, -4% from a year earlier.
What is Green Plains' profit margin?
Net earnings were $85.4M, 17.2% of revenue, in the third quarter 2026; the operating margin was 18.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.