The renewable fuels company outlines plans to scale production to 75M gallons by year-end 2026 while exiting a South Dakota project.
Gevo Inc. projected adjusted EBITDA exceeding $60M for 2026, citing revenue growth and positive cash flow from operations. The company plans to exit its South Dakota ATJ-60 project while scaling its North Dakota facility to 75M gallons annually by the end of 2026.
Management highlighted progress toward operational targets during its Q2 2026 earnings call, emphasizing a shift in focus to higher-margin production. The company previously reported adjusted EBITDA of negative $12.4M for 2023, with revenue of $2.1M.
No immediate market reaction was disclosed in the call summary.