--- title: "GEVO | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 42.95 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285607960.md" datetime: "2026-05-07T20:07:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285607960.md) - [en](https://longbridge.com/en/news/285607960.md) - [zh-HK](https://longbridge.com/zh-HK/news/285607960.md) --- # GEVO | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 42.95 M Revenue: As of FY2026 Q1, the actual value is USD 42.95 M, missing the estimate of USD 44.94 M. EPS: As of FY2026 Q1, the actual value is USD -0.09. EBIT: As of FY2026 Q1, the actual value is USD -541 K. #### Segment Revenue Total revenues for Gevo, Inc. were $42.948 million in the first quarter of 2026, an increase from $29.109 million in the first quarter of 2025. #### Operational Metrics Net loss attributable to Gevo, Inc. was - $22 million in the first quarter of 2026, consistent with - $22 million in the first quarter of 2025, including - $11 million in loss on extinguishment of bonds and debt modification costs during Q1 2026.Loss from operations was - $4.898 million in the first quarter of 2026, a significant improvement from - $20.139 million in the first quarter of 2025.Non-GAAP Adjusted EBITDA was $8.532 million in the first quarter of 2026, compared to a negative Adjusted EBITDA of - $15.351 million in the first quarter of 2025.Operating expenses totaled $47.846 million in the first quarter of 2026, down from $49.248 million in the first quarter of 2025. Key components included cost of production at $20.232 million in Q1 2026 versus $21.446 million in Q1 2025, and depreciation and amortization at $6.860 million in Q1 2026 versus $5.622 million in Q1 2025. Research and development expense was $1.499 million in Q1 2026 compared to $1.052 million in Q1 2025, while general and administrative expense was $16.215 million in Q1 2026 versus $11.084 million in Q1 2025. Project development costs were $3.040 million in Q1 2026 compared to $5.002 million in Q1 2025, and acquisition related costs were $0 in Q1 2026 versus $4.438 million in Q1 2025. Facility idling costs were $0 in Q1 2026 compared to $604 thousand in Q1 2025. #### Unique Metrics Total carbon emission reduction attributable to products was 140 thousand metric tons in the first quarter of 2026. Carbon capture and sequestration (CCS) at Gevo North Dakota (GND) was 46 thousand metric tons in Q1 2026, up from 29 thousand metric tons in Q1 2025.Production at GND in Q1 2026 included 18 million gallons of low carbon ethanol, 16 thousand tons of dried-distillers grains, 51 thousand tons of modified distillers grains, and 5 million pounds of corn oil coproducts, compared to 11 million gallons, 12 thousand tons, 30 thousand tons, and 3 million pounds respectively in Q1 2025. Renewable natural gas (RNG) facilities produced 92 thousand MMBtu of RNG in Q1 2026, up from 80 thousand MMBtu in Q1 2025. #### Cash Flow Net cash used in operating activities was - $21.140 million in the first quarter of 2026, an improvement from - $24.048 million in the first quarter of 2025.Net cash used in investing activities was - $9.125 million in the first quarter of 2026, a significant decrease from - $204.295 million in the first quarter of 2025, which included the acquisition of Red Trail Energy.Net cash used in financing activities was - $7.772 million in the first quarter of 2026, compared to $104.242 million provided by financing activities in the first quarter of 2025.Cash, cash equivalents, and restricted cash at the end of the period was $78.902 million in Q1 2026, down from $134.932 million in Q1 2025. #### Outlook / Guidance Gevo, Inc. expects to achieve approximately $30 million of Adjusted EBITDA in 2026, an increase from $17 million in 2025, and reiterates its target of reaching an annualized run-rate of $40 million Adjusted EBITDA by the end of 2026. The company aims to finalize financing for its ATJ-30 project, Project North Star, by the end of the year, with FEL-3 engineering expected to be completed in the second quarter of 2026. Gevo, Inc. is targeting a startup in 2028 for a new facility at GND, which is expected to approximately double existing carbon capture and low-carbon ethanol production, and maintains a target of about 75 million gallons of annual low-carbon ethanol capacity starting next year due to debottlenecking efforts. ### Related Stocks - [GEVO.US](https://longbridge.com/en/quote/GEVO.US.md) ## Related News & Research - [What is Northland Securities' Forecast for Gevo Q2 Earnings?](https://longbridge.com/en/news/286091724.md) - [Gevo Q1 revenue rises but misses analyst expectations](https://longbridge.com/en/news/285616492.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md)