---
schema_version: "secwatch.filing_event.v1"
accession: "0001309402-26-000016"
form_type: "8-K"
ticker: "GPRE"
cik: "0001309402"
company_name: "Green Plains Inc."
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:19:33.588534+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Green Plains Q4 net income $11.9M vs prior-year loss; Adj EBITDA $49.1M; 45Z credits drive 2026 outlook

## Summary
- Q4 net income $11.9M ($0.17 diluted EPS) vs net loss $54.9M ($0.86 loss) in Q4 2024; revenue $428.8M, down 26.6% YoY.
- Adjusted EBITDA $49.1M vs ($18.2M) in Q4 2024; includes $27.7M 45Z production tax credit benefit.
- Full year 2025 adjusted EBITDA $94.0M; expects at least $188M of 45Z-related adjusted EBITDA in 2026.
- Carbon capture fully operational at three Nebraska plants; Q4 ethanol plant utilization 97% using revised stated capacity.

## SEC filing metadata
- accession: 0001309402-26-000016
- form_type: 8-K
- ticker: GPRE
- cik: 0001309402
- company_name: Green Plains Inc.
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309402/000130940226000016/0001309402-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309402/000130940226000016/gpre-20260205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001309402-26-000016
- JSON: https://secwatch.observer/filing/0001309402-26-000016.json
- Plain text: https://secwatch.observer/filing/0001309402-26-000016.txt

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