Gevo Q2 loss of $177 million on impairment; raises 2026 EBITDA outlook above $60 million
Gevo reported second-quarter 2026 revenue of $46.5 million, up from $43.4 million a year earlier, but posted a GAAP net loss attributable to Gevo of $177 million, or $0.75 per share, after a one-time non-cash charge of $176 million tied to exiting its ATJ-60 project in South Dakota. The company raised its full-year 2026 non-GAAP Adjusted EBITDA outlook to greater than $60 million from a prior target of $30 million, citing expected Canada Clean Fuel Regulation sales and Section 45Z tax credits.
Key points
- Q2 2026 revenue $46.5 million vs. $43.4 million in Q2 2025; non-GAAP Adjusted EBITDA $11 million vs. $17 million a year earlier
- Net loss attributable to Gevo of $177 million ($0.75 per share), including $136 million of asset impairment and $40 million allowance for credit losses on refundable deposits
- Full-year 2026 Adjusted EBITDA outlook raised to greater than $60 million from $30 million; new Canada CFR sales expected in Q3 2026
- Gevo is exiting low-carbon ethanol and SAF activities in Lake Preston, South Dakota, to focus on Gevo North Dakota
The filing
Written by AI on Nov 9, 2026, 10:08 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 August 06, 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.