Quarterly ResultAug 7, 2026, 06:11 AM
Alto Ingredients Q2 Net Income $11.7M; Swings to Profit from Loss
AI Summary
Alto Ingredients, Inc. reported a significant financial turnaround for the second quarter and first half of 2026, swinging from a net loss to a net profit. Net sales increased by 12.5% for the quarter, and gross profit saw substantial improvement compared to the prior year. The company also generated positive cash flow from operating activities for the six months ended June 30, 2026, indicating improved operational efficiency.
Key Highlights
- Q2 2026 net income was $11.7 million, a significant improvement from a $11.0 million net loss in Q2 2025.
- Diluted EPS for Q2 2026 was $0.15, compared to a loss of $0.15 per share in Q2 2025.
- Net sales for Q2 2026 increased by 12.5% to $245.7 million from $218.4 million in Q2 2025.
- Gross profit for Q2 2026 was $16.6 million, up from a gross loss of $1.9 million in Q2 2025.
- Net cash provided by operating activities for H1 2026 was $32.7 million, compared to $19.1 million used in H1 2025.
- Total assets increased to $397.1 million as of June 30, 2026, from $388.8 million at December 31, 2025.
- Long-term debt decreased to $60.5 million as of June 30, 2026, from $63.0 million at December 31, 2025.
- Pekin Campus production gross profit was $11.5 million in Q2 2026, up from a loss of $5.8 million in Q2 2025.
Price Impact
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