Green Plains Q3 net income $11.9M ($0.17 EPS) vs $48.2M prior year; revenue $508.5M (-23% YoY)

Green Plains Inc.

2025-Q3 EPS reported -$1.99 revenue$1,662,831,000

Adjusted EBITDA $52.6M flat YoY; includes $25.0M net 45Z tax credit benefit.
Completed Obion plant sale for $170M; repaid $130.7M junior mezzanine debt.
Carbon capture operational at York, Central City, Wood River; 45Z monetization agreement executed.
Ethanol production sold 197.3M gallons (-10.5% YoY); crush margin $59.6M vs $58.3M.
Expects $40-50M 45Z-related Adjusted EBITDA in 2025; convertible notes refinanced for $200M.

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