Quarterly ResultAug 6, 2026, 07:03 AM
Green Plains Q2 Net Income $67.1M; EPS $0.83; Adj. EBITDA $93.3M
AI Summary
Green Plains Inc. reported strong financial results for the second quarter of 2026, achieving net income attributable to the company of $67.1 million, or $0.83 per diluted share, a significant turnaround from a net loss in the prior year. Adjusted EBITDA surged to $93.3 million, largely driven by improved ethanol economics and $58.7 million from 45Z production tax credits. The company also demonstrated operational efficiency by reducing selling, general and administrative expenses by 21% and generating $86.3 million in cash flow from operating activities.
Key Highlights
- Net income attributable to Green Plains was $67.1 million for Q2 2026.
- Diluted EPS reached $0.83, a significant improvement from $(1.09) in Q2 2025.
- Adjusted EBITDA increased to $93.3 million, up from $16.4 million year-over-year.
- Revenues for the quarter were $446.2 million, down from $552.8 million in Q2 2025.
- Selling, general and administrative expenses decreased by 21% to $21.7 million.
- Consolidated ethanol crush margin rose to $95.1 million from $26.3 million.
- Cash flow from operating activities was $86.3 million for the second quarter.
- Results included $58.7 million in 45Z production tax credit value.
Price Impact
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