--- title: "Aemetis | 8-K: FY2026 Q2 Revenue: USD 62.7 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295108065.md" datetime: "2026-08-06T12:32:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295108065.md) - [en](https://longbridge.com/en/news/295108065.md) - [zh-HK](https://longbridge.com/zh-HK/news/295108065.md) generator: "portal-rs" --- # Aemetis | 8-K: FY2026 Q2 Revenue: USD 62.7 M Revenue: As of FY2026 Q2, the actual value is USD 62.7 M. EPS: As of FY2026 Q2, the actual value is USD -0.13, beating the estimate of USD -0.2754. EBIT: As of FY2026 Q2, the actual value is USD 5.773 M. ### Financial Results for the Three Months Ended June 30, 2026 (Q2 2026) vs. June 30, 2025 (Q2 2025) #### Revenue Aemetis, Inc. reported revenues of $62.7 million in Q2 2026, an increase of 20% compared to $52.2 million in Q2 2025. This growth was driven by the California Ethanol and Dairy Renewable Natural Gas (RNG) segments. Revenues included $8.6 million from Section 45Z tax credits, with $2.1 million attributed to Dairy RNG and $6.5 million to California Ethanol. Ethanol gallons sold increased by 12% to 15.5 million gallons in Q2 2026 from 13.8 million gallons in Q2 2025, with the average selling price rising by 9% from $2.01 to $2.19 per gallon. Biodiesel sales were $2.5 million in Q2 2026. Aemetis Biogas RNG sales volume grew by 38% to 146,900 MMBtu in Q2 2026, up from 106,400 MMBtu in Q2 2025. #### Gross Profit (Loss) Gross profit for Q2 2026 was $13.5 million, a $17.0 million improvement compared to a gross loss of - $3.4 million in Q2 2025. #### Operating Costs Selling, general and administrative expenses increased to $7.7 million in Q2 2026 from $7.3 million in Q2 2025. #### Operating Income (Loss) Operating income was $5.8 million in Q2 2026, significantly improved from an operating loss of - $10.7 million in Q2 2025. #### Net Loss Net loss was - $9.4 million in Q2 2026, an improvement of $14.0 million compared to a net loss of - $23.4 million in Q2 2025. #### Adjusted EBITDA Adjusted EBITDA was $9.7 million in Q2 2026, an increase of $15.5 million from - $5.8 million in Q2 2025. #### Interest Expense Interest expense, excluding accretion of Series A preferred units, increased to $13.7 million in Q2 2026 from $12.3 million in Q2 2025. Accretion of Series A preferred units was $1.5 million in Q2 2026, down from $2.0 million in Q2 2025. Total interest expense was $15.174 million in Q2 2026 compared to $14.362 million in Q2 2025. #### Cash and Capital Investments Cash at the end of Q2 2026 was $1.0 million, compared to $4.9 million at the end of Q4 2025. Investments in capital projects totaled $8.6 million in Q2 2026, directed towards carbon intensity reductions at the Keyes ethanol plant and dairy digester construction. #### Operational Metrics (Q2 2026 vs. Q2 2025) - **California Ethanol**: Ethanol gallons sold were 15.5 million (113% of nameplate capacity) in Q2 2026 vs. 13.8 million (100% of nameplate capacity) in Q2 2025. WDG tons sold were 106.8 thousand vs. 91.0 thousand. Average delivered cost of corn per bushel was $6.07 vs. $6.42. - **California Dairy Renewable Natural Gas**: MMBtu sold were 146.9 thousand vs. 106.4 thousand. Average price per MMBtu was $1.51 vs. $2.75. RINs sold were 1,262.1 thousand vs. 763.6 thousand, with an average price per RIN of $2.54 vs. $2.60. LCFS credits sold were 27.5 thousand vs. 14.0 thousand, with an average price per LCFS credit of $66 vs. $55. - **India Biodiesel**: Biodiesel metric tons sold were 1.4 thousand (3.6% of nameplate capacity) vs. 9.4 thousand (25.2% of nameplate capacity). Average sales price per metric ton (Biodiesel) was $1,038 vs. $1,010. Refined glycerin metric tons sold were 0.7 thousand vs. 0.1 thousand, with an average sales price per metric ton (Refined Glycerin) of $1,541 vs. $879. ### Financial Results for the Six Months Ended June 30, 2026 (H1 2026) vs. June 30, 2025 (H1 2025) #### Revenue Revenues for H1 2026 were $117.3 million, compared to $95.1 million for H1 2025. Production tax credit income recognized as revenue during H1 2026 was $12.6 million. #### Gross Profit (Loss) Gross profit for H1 2026 was $16.3 million, compared to a gross loss of - $8.4 million for H1 2025. #### Selling, General and Administrative Expenses Selling, general and administrative expenses were $16.8 million for H1 2026, compared to $17.8 million for H1 2025. #### Operating Loss Operating loss was - $0.6 million for H1 2026, an improvement from - $26.2 million for H1 2025. #### Interest Expense Interest expense, excluding accretion and other expenses of Series A preferred units, was $28.0 million for H1 2026, compared to $26.0 million for H1 2025. Accretion and other expenses for Series A preferred units were $3.1 million for H1 2026, compared to $4.3 million for H1 2025. Total interest expense was $31.161 million in H1 2026 compared to $30.334 million in H1 2025. #### Net Loss Net loss for H1 2026 was - $31.1 million, an improvement from a net loss of - $47.9 million during H1 2025. #### Capital Investments Investments in capital projects during H1 2026 totaled $15.1 million, with $8.9 million allocated to California Ethanol and $5.7 million to Aemetis Biogas. #### Adjusted EBITDA Adjusted EBITDA was $8.376 million for H1 2026, compared to - $16.430 million for H1 2025. #### Operational Metrics (H1 2026 vs. H1 2025) - **California Ethanol**: Ethanol gallons sold were 29.3 million (106% of nameplate capacity) in H1 2026 vs. 27.9 million (102% of nameplate capacity) in H1 2025. WDG tons sold were 197.7 thousand vs. 184.1 thousand. Average delivered cost of corn per bushel was $6.00 vs. $6.53. - **California Dairy Renewable Natural Gas**: MMBtu sold were 256.4 thousand vs. 177.3 thousand. Average price per MMBtu was $1.71 vs. $3.11. RINs sold were 2,063.4 thousand vs. 1,151.8 thousand, with an average price per RIN of $2.49 vs. $2.61. LCFS credits sold were 57.7 thousand vs. 30.0 thousand, with an average price per LCFS credit of $60 vs. $64. - **India Biodiesel**: Biodiesel metric tons sold were 10.5 thousand (14.1% of nameplate capacity) vs. 9.4 thousand (12.6% of nameplate capacity). Average sales price per metric ton (Biodiesel) was $1,037 vs. $1,010. Refined glycerin metric tons sold were 1.5 thousand vs. 0.1 thousand, with an average sales price per metric ton (Refined Glycerin) of $1,391 vs. $879. ### Outlook / Guidance Aemetis, Inc. is pursuing a multi-track financing plan to address near-term obligations and fund continued growth across its operating platform, including potential long-term financing for the Keyes ethanol plant and ongoing efforts for the Dairy RNG digester buildout. The company is also progressing towards a potential initial public offering of its India subsidiary, Universal Biofuels Private Limited. The MVR upgrade at Keyes is expected to become operational in 2026. ### Related Stocks - [AMTX.US](https://longbridge.com/en/quote/AMTX.US.md) ## Related News & Research - [Aemetis (NASDAQ:AMTX) Announces Earnings Results, Beats Expectations By $0.16 EPS](https://longbridge.com/en/news/295168458.md) - [AMTX: Q2 2026 revenue rose 20% with improved profitability and strong Dairy RNG and Ethanol growth](https://longbridge.com/en/news/295116942.md) - [Aemetis India unit Universal Biofuels wins $17 million biodiesel allocation from state OMCs](https://longbridge.com/en/news/294819324.md) - [Aemetis Q4 2025 earnings preview](https://longbridge.com/en/news/278773386.md) - [Aemetis sells USD 18 million of Section 45Z clean fuel tax credits, nets USD 14.5 million](https://longbridge.com/en/news/292195846.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**