---
schema_version: "secwatch.filing_event.v1"
accession: "0001309402-23-000069"
form_type: "8-K"
ticker: "GPRE"
cik: "0001309402"
company_name: "Green Plains Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:00:53.152035+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Green Plains Q1 net loss widens to $70.3M; EPS ($1.20) on revenue $832.9M

## Summary
- Net loss attributable to company $70.3M (($1.20)/share) vs net loss $61.5M (($1.16)/share) in Q1 2022.
- Revenue rose 6.6% YoY to $832.9M driven by higher volumes of ethanol, distillers grains, Ultra-High Protein, and renewable corn oil.
- Ultra-High Protein sales surged to 52,000 tons (up 40,000 tons YoY); record daily production at five MSC facilities.
- Consolidated ethanol crush margin negative ($0.07)/gallon; ethanol production segment operating loss of $53.4M.
- Cash and equivalents $408.3M; $159.0M available under committed credit facility; total debt $709.6M.

## SEC filing metadata
- accession: 0001309402-23-000069
- form_type: 8-K
- ticker: GPRE
- cik: 0001309402
- company_name: Green Plains Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309402/000130940223000069/0001309402-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309402/000130940223000069/gpre-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001309402-23-000069
- JSON: https://secwatch.observer/filing/0001309402-23-000069.json
- Plain text: https://secwatch.observer/filing/0001309402-23-000069.txt

## Key facts
- Earnings Releases
  Green Plains Inc. reported first quarter of 2023 results: revenue $832.9 million, net income $70.3 million, EPS ($1.20) per basic and diluted share.
  - Period: first quarter of 2023
  - Revenue: $832.9 million
  - Net income: $70.3 million
  - EPS: ($1.20) per basic and diluted share
  - Result: reported results
  source text: Green Plains Inc. (NASDAQ:GPRE) today announced financial results for the first quarter of 2023. Net loss attributable to the company was $70.3 million, or ($1.20) per basic and diluted share compared to net loss attributable to the company of $61.5 million or ($1.16) per basic and diluted share, for the same period in 2022. Revenues were $832.9 million for the first quarter of 2023 compared with $781.4 million for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309402/000130940223000069/0001309402-23-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.