Renewable fuels maker Gevo's Q2 revenue slightly beats estimates, lifts FY EBITDA outlook

Gevo

06/08/2026 21:34

Overview
US renewable fuels maker's Q2 revenue slightly beat analyst expectations
Company posted large net loss after $176 mln one-time, non-cash impairment charge
Gevo raised full-year 2026 adjusted EBITDA outlook to over $60 mln on new carbon revenue

Outlook
Gevo expects full-year 2026 non-GAAP Adjusted EBITDA to exceed $60 mln
Company targets more than $70 mln in Section 45Z tax credit monetizations for 2026
Gevo expects substantial operating cash flow in Q3 and Q4 2026

Result Drivers
PLANNED DOWNTIME - Q2 revenue was affected by annual planned maintenance downtime completed in April
STRATEGIC SHIFT - One-time impairment charge due to exit from ATJ-60 project and other non-core activities to prioritize growth at Gevo North Dakota

Company press release: ID:nGNXbZW88P

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$46.5 mln
$46.07 mln (6 Analysts)
Q2 Loss Per Share
 
$0.75
 
Q2 Net Loss
 
$176.26 mln
 
Q2 EBIT
 
-$171.71 mln
 
Q2 Loss Per Basic Share
 
$0.75
 
Q2 Operating Expenses
 
$191.51 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the renewable fuels peer group is "buy"
Wall Street's median 12-month price target for Gevo, Inc. is $3.75, about 145.1% above its August 5 closing price of $1.53

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Aug 6 - Aemetis Q2 net loss narrows on higher ethanol sales, tax credits 
Aug 5 - Montauk Renewables Q2 revenue beats estimates on higher RINs sales

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)