Filing Flows › REX American Resources (REX) › Q2 FY27 › vs Q2 FY26
REX American Resources (REX) Q2 FY27 vs Q2 FY26 (year over year)
REX American Resources's revenue rose $9.9M (+6%) from $159M in Q2 FY26 to $168M in Q2 FY27. The biggest changes: Distillers Corn Oil +$5.1M (+41%); Dried Distillers Grains +$2.9M (+14%); Ethanol +$2.5M (+2%). Gross margin 31.6% against 9.0% (+22.6 pts).
REX American Resources, Q2 FY27: revenue $168M (+6% year over year), operating margin 28.6%, net earnings $34.9M, operating cash flow $40.1M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 31.6% | 9.0% | +22.6 pts |
| Operating margin | 28.6% | 7.6% | +20.9 pts |
| Net margin | 20.7% | 4.5% | +16.3 pts |
| Free cash flow margin | 10.0% | -3.6% | +13.6 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Ethanol | $126M | $123M | $2.5M | +2% |
| Dried Distillers Grains | $24.2M | $21.3M | $2.9M | +14% |
| Distillers Corn Oil | $17.6M | $12.5M | $5.1M | +41% |
| Modified Distillers Grains | $811K | $1.3M | −$440K | -35% |
| Other | $91K | $30K | $61K | +203% |
| Derivative Financial Instrument Gains Losses | $62K | $201K | −$139K | -69% |
| Revenue | $168M | $159M | $9.9M | +6% |
| Gross profit | $53.3M | $14.3M | $39.0M | +272% |
| Cost of revenue | $115M | $144M | −$29.1M | -20% |
| Operating profit | $48.1M | $12.1M | $36.0M | +298% |
| Operating expenses | $5.2M | $2.2M | $3.0M | +133% |
| Pre-tax earnings | $48.1M | $12.1M | $36.0M | +298% |
| Net earnings | $34.9M | $7.1M | $27.8M | +391% |
| Minority interests | $5.7M | $2.2M | $3.5M | +157% |
| Income tax | $7.5M | $2.8M | $4.7M | +170% |
| Depreciation & amortization | $4.4M | $3.6M | $785K | +22% |
| Share-based compensation | $3.6M | $0 | $3.6M | — |
| Working capital & other | $2.9M | −$5.5M | $8.4M | — |
| Operating cash flow | $40.1M | $16.3M | $23.8M | +146% |
| Free cash flow (OCF − capex) | $16.8M | −$5.7M | $22.5M | — |
| Capital expenditures | $23.3M | $22.0M | $1.3M | +6% |
Questions
How much did REX American Resources's revenue grow year over year in Q2 FY27?
REX American Resources's revenue rose $9.9M (+6%) from $159M in Q2 FY26 to $168M in Q2 FY27.
What drove REX American Resources's revenue change in Q2 FY27?
Distillers Corn Oil +$5.1M (+41%); Dried Distillers Grains +$2.9M (+14%); Ethanol +$2.5M (+2%).