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Green Plains Reports First Quarter 2026 Financial Results

$GPREPress releaseMay 7, 2026, 6:55 AM ETRead the release

Green Plains returned to profitability in Q1 2026 with net income of $32.9 million, or $0.42 per diluted share, compared to a net loss of $(72.9) million in the prior year period. Adjusted EBITDA totaled $71.5 million, significantly boosted by the recognition of $55.2 million in 45Z production tax credits. Citing a meaningful inflection point, management raised full-year guidance for EBITDA associated with production tax credits to a range of $200 million to $225 million. The company achieved strong plant utilization of 97% and reported a consolidated ethanol crush margin of $64.6 million.

Key figures

Eps
0.42
Revenue
445800000
Guidance
EBITDA associated with production tax credits raised to $200 to $225 million
Revenue Yoy
-25.9%
Net income
32900000
Sga expenses
19500000
Adjusted ebitda
71500000
Operating income
44772000
Ethanol crush margin
64600000
Production tax credits
55200000

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