---
title: "Green Plains | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 508.49 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264503397.md"
datetime: "2025-11-05T21:41:59.000Z"
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# Green Plains | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 508.49 M

Revenue: As of FY2025 Q3, the actual value is USD 508.49 M, missing the estimate of USD 583.55 M.

EPS: As of FY2025 Q3, the actual value is USD 0.17, beating the estimate of USD -0.0226.

EBIT: As of FY2025 Q3, the actual value is USD 80.54 M.

### Ethanol Production Segment

-   **Revenues**: For the three months ended September 30, 2025, revenues were $473.9 million, a decrease of 16.1% compared to the same period in 2024. For the nine months ended September 30, 2025, revenues were $1,498.8 million, a decrease of 6.1% compared to the same period in 2024.
-   **Cost of Goods Sold**: For the three months ended September 30, 2025, cost of goods sold was $431.4 million, a decrease of 13.4% compared to the same period in 2024. For the nine months ended September 30, 2025, cost of goods sold was $1,428.5 million, a decrease of 4.9% compared to the same period in 2024.
-   **Gross Margin**: For the three months ended September 30, 2025, gross margin was $42.5 million, a decrease of 35.8% compared to the same period in 2024. For the nine months ended September 30, 2025, gross margin was $70.3 million, a decrease of 25.2% compared to the same period in 2024.
-   **Operating Income (Loss)**: For the three months ended September 30, 2025, operating income was $4.4 million, a decrease of 87.6% compared to the same period in 2024. For the nine months ended September 30, 2025, operating loss was $47.4 million, compared to an operating loss of $0.6 million in the same period in 2024.

### Agribusiness and Energy Services Segment

-   **Revenues**: For the three months ended September 30, 2025, revenues were $40.8 million, a decrease of 60.0% compared to the same period in 2024. For the nine months ended September 30, 2025, revenues were $182.1 million, a decrease of 39.6% compared to the same period in 2024.
-   **Cost of Goods Sold**: For the three months ended September 30, 2025, cost of goods sold was $31.2 million, a decrease of 65.4% compared to the same period in 2024. For the nine months ended September 30, 2025, cost of goods sold was $155.7 million, a decrease of 42.7% compared to the same period in 2024.
-   **Gross Margin**: For the three months ended September 30, 2025, gross margin was $9.6 million, a decrease of 18.4% compared to the same period in 2024. For the nine months ended September 30, 2025, gross margin was $26.4 million, a decrease of 12.6% compared to the same period in 2024.
-   **Operating Income**: For the three months ended September 30, 2025, operating income was $6.9 million, a decrease of 11.3% compared to the same period in 2024. For the nine months ended September 30, 2025, operating income was $10.2 million, a decrease of 36.1% compared to the same period in 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company is focused on operational excellence, cost leadership, and carbon reduction to benefit from expanding low-carbon fuel markets. The company is also investing in carbon capture and sequestration projects to lower carbon intensity and qualify for Section 45Z Clean Fuel Production Credits.
-   **Non-Core Business**: The company completed targeted asset sales, including the sale of the ethanol plant in Rives, Tennessee, to strengthen liquidity and reduce debt. The company is also exploring opportunities to monetize tax credits and voluntary carbon credits.

### Related Stocks

- [Green Plains Inc. (GPRE.US)](https://longbridge.com/en/quote/GPRE.US.md)

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