earnings
confidence high
sentiment positive
materiality 0.80
Green Plains swings to Q1 profit of $32.9M; raises 45Z credit EBITDA guidance to $200-225M
Green Plains Inc.
2026-Q1 EPS reported
$0.42
revenue$445,804,000
- Net income $32.9M ($0.42/diluted share) vs net loss $72.9M ($1.14) in Q1 2025.
- Adjusted EBITDA $71.5M includes $55.2M from 45Z production tax credits net of discounts.
- Revenue down 25.9% to $445.8M on lower ethanol volumes and disposal of Obion plant.
- Raised full-year 45Z credit EBITDA guidance to $200-225M; plants ran at 97% utilization.
- Early adopted ASU 2025-10; reclassifies 45Z credits as reduction of COGS, retroactively adjusted prior periods.
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