Alto Ingredients Q3 net sales rise to $257.9 million; net income falls to $12.7 million
Alto Ingredients reported third-quarter 2026 results on November 4, 2026. Net sales rose to $257.9 million from $241.0 million, but gross profit fell to $14.8 million from $23.5 million, and net income attributable to common stockholders fell to $12.7 million, or $0.16 per diluted share, from $13.9 million, or $0.19. The company credited $7.6 million of net transferable tax credits for part of the quarter's result, which shareholders may weigh against the weaker operating profit.
Key points
- Q3 2026 net sales were $257.9 million, compared with $241.0 million in Q3 2025.
- Q3 2026 gross profit was $14.8 million, compared with $23.5 million; adjusted EBITDA was $21.0 million, compared with $21.4 million.
- Q3 2026 net income attributable to common stockholders was $12.7 million, or $0.16 per diluted share, compared with $13.9 million, or $0.19 per share.
- The company expects to generate a minimum of $20 million, net of monetization costs, in 2026 from 45Z tax credits.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.