Quarterly ResultAug 5, 2026, 04:24 PM
Alto Ingredients Q2 Net Income $11.4M; Establishes $50M ATM Program
AI Summary
Alto Ingredients, Inc. reported strong second quarter 2026 financial results, marking its fourth consecutive quarter of positive gross profit, net income, and Adjusted EBITDA. Net income attributable to common stockholders significantly improved to $11.4 million, or $0.15 per diluted share, compared to a net loss of $11.3 million in the prior year. The company also announced the establishment of a $50 million at-the-market equity program to provide additional financial flexibility and pursue high-return organic opportunities.
Key Highlights
- Q2 2026 net income attributable to common stockholders was $11.4 million ($0.15 per diluted share), up from a net loss of $11.3 million.
- Q2 2026 gross profit increased to $16.6 million from a gross loss of $1.9 million in Q2 2025.
- Q2 2026 Adjusted EBITDA improved to $23.7 million from negative $0.2 million in Q2 2025.
- Net sales for Q2 2026 were $245.7 million, compared to $218.4 million in Q2 2025.
- Alto Ingredients established a $50 million at-the-market (ATM) equity program to enhance financial flexibility.
- Cash and cash equivalents were $24.0 million at June 30, 2026, with $106 million in borrowing availability.
Price Impact
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