Aemetis Q4 2025 net loss narrows to $5.3M; biogas net income $12.2M, dairy RNG up 61% YoY

AEMETIS, INC

Q4 2025 revenue + PTCs $53.7M, up from $47.0M YoY; full-year $208.0M vs $268M (lower ethanol/India biodiesel).
Dairy RNG segment net income $12.2M in Q4; full-year segment net income $6.9M; production +61% YoY.
Net loss $5.3M in Q4 vs $16.2M YoY; full-year net loss $77.0M vs $87.5M; cash $4.9M vs $0.9M year-end 2024.
Ethanol MVR upgrade expected to increase annual cash flow from operations by ~$32M after completion in 2026.
India subsidiary appointed new CFO with IPO experience; targeting public listing in 2026.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AEMETIS, INC reported three months ended December 31, 2025 results: revenue $53.7 million.

Period: three months ended December 31, 2025
Revenue: $53.7 million
Result: reported results

Exact text from the filing

Revenues and production tax credits were $53.7 million for the fourth quarter of 2025, an increase from $47.0 million from the fourth quarter of 2024.

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Source: SEC EDGAR

accession 0001437749-26-007834

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