Earnings ·
Gevo reports record Q3 revenue of $83 million and net income of $23 million
GEVOGevo, Inc.
Gevo reported record third-quarter 2026 financial results with revenue reaching $83 million, a significant increase from $43 million in the prior-year period. The company posted net income attributable to Gevo of $23 million, or $0.09 per diluted share, compared to a net loss of $8 million last year. Non-GAAP Adjusted EBITDA rose to $44 million from $7 million, driven by approximately $29.4 million in revenue from Canadian Clean Fuel Regulation credits and strong carbon business performance. Gevo ended the quarter with $68 million in cash and raised its full-year 2026 non-GAAP Adjusted EBITDA outlook to greater than $90 million. The company operates as a next-generation diversified energy firm producing low-carbon fuels, renewable natural gas, and carbon capture services.