Quarterly ResultAug 6, 2026, 08:05 AM
Aemetis Q2 Revenue $62.7M (+20%); Operating Income $5.8M
AI Summary
Aemetis reported strong financial results for Q2 2026, with revenues increasing 20% to $62.7 million, driven by growth in its California Ethanol and Dairy RNG segments and $8.6 million in Section 45Z tax credits. The company achieved positive operating income of $5.8 million and significantly improved its net loss to $9.4 million and Adjusted EBITDA to $9.7 million. Operational highlights include a 38% increase in Dairy RNG sales volume and progress on new biogas digesters and the mechanical vapor recompression project at the Keyes ethanol plant. Aemetis is also pursuing a multi-track financing plan to support continued growth.
Key Highlights
- Revenue increased 20% to $62.7 million in Q2 2026, including $8.6 million in Section 45Z tax credits.
- Operating income was $5.8 million in Q2 2026, a $16.4 million improvement from a $10.7 million loss in Q2 2025.
- Net loss improved by $14.0 million to $9.4 million in Q2 2026 compared to $23.4 million in Q2 2025.
- Adjusted EBITDA was $9.7 million in Q2 2026, an improvement of $15.5 million from negative $5.8 million in Q2 2025.
- Dairy RNG sales volume grew 38% to 146,900 MMBtu in Q2 2026.
- Ethanol gallons sold increased 12% to 15.5 million gallons in Q2 2026.
- Gross profit was $13.5 million in Q2 2026, a $17.0 million improvement from a $3.4 million loss in Q2 2025.
- Investments in capital projects totaled $8.6 million for Q2 2026.
Price Impact
More from AMTX