GPRE · Green Plains Inc.
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. Green Plains reported Q2 2026 adjusted EBITDA of $93.3 million (vs. $16.4M YoY) and net income of $67.1M ($0.83 diluted EPS), driven by 45Z tax credits contributing $58.7M and improved ethanol crush margins, while management outlined a capital allocation framework prioritizing debt reduction and announced no 2026 45Z credit monetizations yet.
- + Adjusted EBITDA surged to $93.3M, up from $71.5M in Q1 and $16.4M YoY, despite planned maintenance downtime.
- + Carbon platform contributed $58.7M in 45Z tax credit EBITDA in Q2 (~$59M net), driving first-half carbon EBITDA to ~$114M.
- + Ethanol crush margin expanded to $95.1M in Q2 from $26.3M YoY, reflecting strong ethanol economics.
- + SG&A reduced 21% YoY to $21.7M ($21M in commentary), tracking toward ~$90M full-year.
- + Generated $86.3M in operating cash flow with $243.1M cash, supporting balance sheet strengthening and a debt-reduction plan.
- + Net income attributable to Green Plains of $67.1M ($0.83 diluted EPS) vs. a net loss of $72.2M ($(1.09)) YoY.
- − Q2 ethanol volumes sold fell 17.0% YoY to 160.7M gallons due to the Obion plant disposition and maintenance.
- − Q2 revenues declined 19.3% YoY to $446.2M from $552.8M.
- − Sustaining capex raised to the top of range at ~$25M annually as fleet reliability investments are prioritized.
- − No 2026 45Z credits have been monetized yet, deferring near-term cash inflows pending a partnership deal.
- − Capacity utilization was 88% (nearly 90%) in Q2 due to spring maintenance and a molecular sieve changeout at Madison, lowering run rates.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | 164.89M | Six Months Ended June 30 | — |
| Adjusted ethanol production operating income non-GAAP | 93.65M | Three Months Ended June 30 | — |
GAAP → non-GAAP reconciliationGAAP Ethanol production operating income (loss) 70.98M
+22.67M Depreciation and amortization
+0K Impairment of assets held for sale
= Adjusted ethanol production operating income 93.65M
|
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| Consolidated ethanol crush margin non-GAAP | $95.1M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted ethanol production operating income 93.65M
+1.42M Intercompany fees and nonethanol operating activities, net
= Consolidated ethanol crush margin 95.07M
|
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| EBITDA non-GAAP | 164.8M | Six Months Ended June 30 | — |
| Utilization | 88% | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Chemicals — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
GPRE
this stock
Green Plains Inc.
|
$1.05B | +53.7% | -14.9% | — | 17.0% |
|
SHECF
Shin-Etsu Chemical Co., Ltd.
|
$67.96B | +14.6% | — | — | 0.2% |
|
DOW
Dow Inc.
|
$20.65B | +17.8% | -7.0% | — | 4.9% |
|
NPXYY
Nippon Sanso Holdings Corporation/ADR
|
$15.19B | +17.6% | — | — | 0.0% |
|
CE
Celanese Corp
|
$4.93B | +4.9% | -7.1% | — | 6.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| GPRE | -0.3% | +2.1% | -1.0% | +4.2% | +53.7% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | +0.3% | +2.0% | -13.2% | +4.8% | +41.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.