Gevo (NASDAQ:GEVO) Issues Quarterly Earnings Results

08 Aug 2026, 23:14 by Kim Johansen · The Markets Daily

Gevo (NASDAQ:GEVO – Get Free Report) announced its quarterly earnings data on Thursday. The energy company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01, FiscalAI reports. Gevo had a negative return on equity of 5.83% and a negative net margin of 119.93%.The company had revenue of $46.50 million during the quarter, compared to the consensus estimate of $46.40 million.

Here are the key takeaways from Gevo’s conference call:

Gevo more than doubled its 2026 adjusted EBITDA outlook to above $60 million, supported by Canada’s Clean Fuel Regulation credits, higher 45Z tax-credit monetization, fuel sales, and cost efficiencies. The company expects neutral-to-positive full-year operating cash flow and meaningful positive cash flow in the second half.
Canada approved Gevo’s low-carbon ethanol pathway with carbon capture and storage, opening access to a compliance market of more than 1 billion gallons annually. Gevo expects to recognize sales of approximately 17 million banked credits in the third quarter and sees its carbon business reaching a run rate above $30 million in annual revenue, excluding those sales.
The Gevo North Dakota debottlenecking project remains on schedule and budget to raise low-carbon ethanol capacity to 75 million gallons per year by year-end 2026. A larger expansion to approximately 150 million gallons per year is targeted for completion in 2028, with financing expected in the second half of 2026 and a non-dilutive, project-level structure under discussion.
Gevo formally exited its South Dakota ATJ-60 project and recorded a $176 million non-cash impairment charge, producing a GAAP net loss of $177 million, or $0.75 per share. Management said the charge does not affect liquidity or operating cash flow, but operating expenses excluding the impairment rose 18% year over year.
The $600 million ATJ-30/Project Northstar estimate remains within the expected range, but securing bankable, multi-year offtake agreements is still required before a final investment decision. Gevo continues to target FID by year-end while pursuing project-level lenders and equity providers.

Gevo Price Performance

Shares of GEVO traded up $0.13 during mid-day trading on Friday, reaching $1.57. The company had a trading volume of 5,080,811 shares, compared to its average volume of 3,864,908. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.31 and a quick ratio of 3.51. The company has a market capitalization of $382.15 million, a P/E ratio of -1.76 and a beta of 1.04. Gevo has a twelve month low of $1.15 and a twelve month high of $2.97. The company’s 50-day moving average is $1.53 and its 200-day moving average is $1.83.

More Gevo News

Here are the key news stories impacting Gevo this week:

Positive Sentiment: Gevo projects more than $60 million in adjusted EBITDA for 2026, representing a significant increase in its earnings outlook. Management also plans to exit the South Dakota ATJ-60 facility and scale its North Dakota operation toward 75 million gallons of annual capacity by the end of 2026, supporting the company’s longer-term production and profitability goals. Gevo projects 2026 adjusted EBITDA of more than $60 million
Positive Sentiment: Second-quarter revenue reached $46.5 million, slightly exceeding expectations, while the quarterly loss of $0.01 per share was better than the anticipated $0.02 loss. The results and higher full-year expectations helped drive the positive investor reaction. Gevo Reports Second Quarter Results and Raises Financial Expectations
Neutral Sentiment: Gevo’s outlook upgrade is being weighed against continued execution and cash-flow risks. Third-party figures cited a roughly $177 million net loss, a $171.7 million operating loss, and $58.1 million in cash at quarter-end, although liabilities declined and operating cash use was $8.3 million. Gevo Stock Rises on Q2 2026 Earnings
Negative Sentiment: Several insiders, including the CEO, CFO and director Patrick Gruber, sold shares totaling approximately $466,000. The transactions were conducted under pre-arranged Rule 10b5-1 plans; the CEO’s sale covered tax withholding obligations, reducing the bearish significance, but the absence of insider purchases remains a cautionary signal. Gevo insider transaction filing

Insider Buying and Selling

In other Gevo news, COO Christopher Michael Ryan sold 35,196 shares of Gevo stock in a transaction on Friday, June 12th. The stock was sold at an average price of $1.43, for a total transaction of $50,330.28. Following the completion of the transaction, the chief operating officer directly owned 1,279,245 shares of the company’s stock, valued at approximately $1,829,320.35. This trade represents a 2.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Paul D. Bloom sold 31,096 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $1.55, for a total transaction of $48,198.80. Following the completion of the sale, the chief executive officer owned 1,452,303 shares in the company, valued at $2,251,069.65. This represents a 2.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,067,030 shares of company stock worth $1,691,411 in the last quarter. Corporate insiders own 7.09% of the company’s stock.

Hedge Funds Weigh In On Gevo

Several institutional investors have recently added to or reduced their stakes in GEVO. Vanguard Group Inc. grew its stake in Gevo by 3.0% during the third quarter. Vanguard Group Inc. now owns 15,484,697 shares of the energy company’s stock worth $30,350,000 after buying an additional 455,543 shares during the last quarter. State Street Corp boosted its holdings in shares of Gevo by 12.6% in the 4th quarter. State Street Corp now owns 8,424,375 shares of the energy company’s stock worth $16,849,000 after acquiring an additional 944,287 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Gevo by 41.3% in the 4th quarter. Invesco Ltd. now owns 5,878,866 shares of the energy company’s stock worth $11,758,000 after acquiring an additional 1,719,381 shares in the last quarter. Nuveen LLC grew its position in Gevo by 107.7% during the 4th quarter. Nuveen LLC now owns 4,138,251 shares of the energy company’s stock worth $8,277,000 after acquiring an additional 2,146,019 shares during the last quarter. Finally, Millennium Management LLC grew its position in Gevo by 1.9% during the 1st quarter. Millennium Management LLC now owns 3,278,261 shares of the energy company’s stock worth $3,803,000 after acquiring an additional 61,919 shares during the last quarter. 35.17% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GEVO. Weiss Ratings restated a “sell (d-)” rating on shares of Gevo in a research report on Friday, July 17th. Northland Securities set a $3.75 target price on Gevo in a research report on Thursday, July 16th. Zacks Research raised shares of Gevo from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. UBS Group restated a “neutral” rating and issued a $2.00 price objective (down from $2.25) on shares of Gevo in a research note on Friday, May 22nd. Finally, Wall Street Zen raised shares of Gevo from a “strong sell” rating to a “sell” rating in a report on Saturday. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $2.88.

View Our Latest Analysis on GEVO

Gevo Company Profile

(Get Free Report)

Gevo, Inc (NASDAQ: GEVO) is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company’s core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo’s integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo’s primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.