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REX American Resources vs Aemetis: REX and AMTX compared
REX American Resources is the larger company: $168M of revenue in its latest quarter (Q2 FY27) against $88.2M for Aemetis (Q3 2026). Aemetis is growing faster (+49% against +6% a year earlier). REX American Resources is more profitable, with an operating margin of 28.6% against 23.7%.
Where the money goes: REX and AMTX
REX American Resources (REX) · Q2 FY27
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 follows the revenue to costs, profit and cash.
Aemetis (AMTX) · Q3 2026
Aemetis, Q3 2026: revenue $88.2M (+49% year over year), operating margin 23.7%, net earnings $5.2M, operating cash flow $22.0M. The chart follows the revenue to costs, profit and cash.
| REX American Resources (REX) | Aemetis (AMTX) | |
|---|---|---|
| Latest quarter | Q2 FY27 | Q3 2026 |
| Revenue | $168M | $88.2M |
| Revenue growth, Y/Y | +6% | +49% |
| Gross margin | 31.6% | 33.4% |
| Operating margin | 28.6% | 23.7% |
| Net earnings | $34.9M | $5.2M |
| Net margin | 20.7% | 5.9% |
| Operating cash flow | $40.1M | $22.0M |
| Free cash flow | $16.8M | $1.7M |
Where the revenue comes from
REX American Resources
- Ethanol: $126M (75%)
- Dried Distillers Grains: $24.2M (14%)
- Distillers Corn Oil: $17.6M (10%)
- Modified Distillers Grains: $811K (0%)
Aemetis
- California Ethanol: $53.8M (61%)
- California Dairy Renewable Natural Gas: $25.9M (29%)
- India Biodiesel Segment: $8.4M (10%)
Questions
Which is bigger, REX American Resources or Aemetis?
REX American Resources is the larger company: $168M of revenue in its latest quarter (Q2 FY27) against $88.2M for Aemetis (Q3 2026).
Is REX American Resources or Aemetis growing faster?
Aemetis is growing faster (+49% against +6% a year earlier).
Which is more profitable, REX American Resources or Aemetis?
REX American Resources is more profitable, with an operating margin of 28.6% against 23.7%.
More: REX American Resources earnings · how REX American Resources makes money · Aemetis earnings · how Aemetis makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 3, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.