Green Plains Earnings Reports

Green Plains Inc. experienced a significant increase in net loss during the second quarter of 2025, primarily driven by non-cash charges related to asset sales and impairments, as well as restructuring costs. Despite a decrease in overall revenue, the company saw an improvement in Adjusted EBITDA, reflecting operational efficiencies and strategic initiatives to streamline the business. The company is on track to exceed its $50 million annualized savings target and is well-positioned for future growth with ongoing carbon capture projects and favorable government policies supporting low-carbon fuels.

Green Plains reported a wider net loss in Q1 2025 compared to the same period last year, driven by lower margins in the ethanol production and agribusiness and energy services segments, as well as significant restructuring costs. Despite the loss, the company is focused on cost reduction initiatives and expects positive EBITDA for the remainder of the year based on current market conditions.

Green Plains Inc. reported a net loss of $54.9 million for Q4 2024, compared to a net income of $7.2 million in the same period of 2023. Revenues decreased to $584.0 million from $712.4 million year-over-year. The company launched a corporate reorganization and cost reduction initiative targeting $50 million in annualized savings.

Green Plains reported a strong third quarter in 2024, with net income of $48.2 million, or $0.69 per diluted share, compared to $22.3 million, or $0.35 per diluted share, for the same period in 2023. The company achieved a plant utilization rate of 97% and record levels of Ultra-High Protein and renewable corn oil production. Revenues were $658.7 million, and EBITDA was $83.3 million, inclusive of a $30.7 million gain on sale of assets.

Green Plains Inc. reported a net loss attributable to the company of $24.4 million, or $(0.38) per basic and diluted share, compared to a net loss of $52.6 million, or ($0.89) per diluted share, for the same period in 2023. Revenues were $618.8 million, and EBITDA was $4.8 million compared to ($15.0) million for the same period in the prior year.

Green Plains Inc. reported a net loss attributable to the company of $51.4 million, or ($0.81) per diluted share, compared to a net loss of $70.3 million, or ($1.20) per diluted share, for the same period in 2023. Revenues were $597.2 million, down from $832.9 million in the same period last year. The company is focused on decarbonizing assets and increasing higher protein production.

Green Plains Inc. reported a net income of $7.2 million for Q4 2023, a significant improvement compared to the net loss of $38.6 million in the same period of the previous year. The company achieved a 95% utilization rate and is undergoing a strategic review to enhance shareholder value.

Green Plains Inc. announced strong operating results for Q3 2023, with a net income of $22.3 million, or $0.35 per diluted share, compared to a net loss of $73.5 million in the same period last year. Revenues were $892.8 million, and EBITDA was $52.0 million. The company achieved a platform utilization rate of 93.9% and anticipates a strong outlook for Q4 2023.

Green Plains Inc. reported a net loss of $52.6 million, or ($0.89) per diluted share, for the second quarter of 2023, compared to a net income of $46.4 million, or $0.73 per diluted share, for the same period in 2022. Revenues decreased to $857.6 million from $1,012.4 million year-over-year. The company experienced operational challenges, including downtime at its Wood River plant, but expects a significantly stronger second half of 2023 due to improved industry margins and increased production rates.

Green Plains Inc. reported a net loss of $70.3 million, or ($1.20) per share, compared to a net loss of $61.5 million, or ($1.16) per share, for the same period last year. Revenues were $832.9 million compared to $781.4 million for the same period last year.

Green Plains Inc. reported a net loss of $38.6 million, or $(0.66) per share, for the fourth quarter of 2022, compared to a net loss of $9.6 million, or $(0.18) per share, for the same period in 2021. Revenues for the quarter increased to $914.0 million from $802.3 million in the prior year. The company's EBITDA was $5.7 million, down from $30.3 million in the same period of 2021.

Green Plains Inc. reported a net loss of $73.5 million for Q3 2022, compared to a net loss of $59.6 million for the same period in 2021. The financial performance was largely driven by record high corn basis levels across the platform, resulting in a weak ethanol margin environment. However, the company anticipates an improved and positive fourth quarter margin environment and remains confident in delivering on its transformation plan.

Green Plains Inc. reported net income of $46.4 million, or $0.73 per diluted share, compared to $9.7 million, or $0.20 per diluted share, for the same period in 2021. Revenues were $1,012.4 million compared to $724.4 million for the same period last year. The company benefited from strong plant utilization rates and non-ethanol contributions such as renewable corn oil and Ultra-High Protein.

Green Plains Inc. reported a net loss of $61.5 million, or ($1.16) per diluted share, compared to a net loss of $6.5 million, or ($0.17) per diluted share, for the same period in 2021. Revenues were $781.4 million for the first quarter of 2022 compared with $553.6 million for the same period last year.

Green Plains Inc. reported a net loss of $9.6 million for Q4 2021, an improvement compared to the $49.6 million net loss in Q4 2020. Revenues increased to $802.3 million from $478.8 million in the same period last year. The company ended the year with over $685 million in cash and marketable securities.

Green Plains reported a net loss of $59.6 million for the third quarter of 2021, impacted by high corn basis levels and maintenance. However, the company is optimistic about achieving long-term goals with its low-carbon strategy and expects improved results in 2022.

Green Plains Inc. reported a transformational first half of 2021, culminating in a strong second quarter. The company achieved a net income of $9.7 million, or $0.20 per diluted share, compared to a net loss of $8.2 million, or $(0.24) per diluted share, for the same period in 2020. Revenues increased to $724.4 million compared to $388.0 million for the same period last year.

Green Plains reported a net loss of $6.5 million, impacted by a gain on asset sales and a charge for extinguishment of convertible notes. Revenues were $553.6 million. The company highlighted progress in its transformation plan, including funding for protein technology deployment and partnerships for carbon capture.

Green Plains Inc. reported a net loss attributable to the company of $49.6 million, or $(1.43) per diluted share, for the fourth quarter of 2020. Adjusted net loss for the fourth quarter was $18.3 million or $(0.53) per diluted share. Revenues were $478.8 million for the fourth quarter of 2020.

Green Plains Inc. reported a net loss of $34.5 million for Q3 2020, an improvement compared to the $39.0 million loss in the same period last year. Revenues were $424.1 million, down from $632.4 million year-over-year. The company saw a consolidated crush margin of 8 cents per gallon and an EBITDA of $8.8 million.

Green Plains Inc. reported a net loss of $8.2 million for the second quarter of 2020, a significant improvement from the $45.3 million loss in the same period of 2019. The company saw revenues of $418.0 million, and positive adjusted EBITDA of $17.9 million, driven by high-quality alcohol production, Project 24 initiatives, high protein production, and a strong performance in the cattle business.

Green Plains Inc. reported a net loss of $16.4 million, or $(0.47) per diluted share, for the first quarter of 2020, compared to a net loss of $42.8 million, or $(1.06) per diluted share, for the same period in 2019. Revenues increased to $632.9 million from $438.6 million year-over-year. The company's performance was supported by risk management programs and cost reduction efforts, resulting in a strong cash position of over $205 million.

Green Plains Inc. reported a net loss of $39.7 million for Q4 2019, compared to a net income of $53.5 million for the same period in 2018. The company's revenues were $715.7 million for the fourth quarter of 2019, compared to $583.5 million for the same period last year. The company focused on reducing operating costs through Project 24 and building out sustainable high protein feed production.