--- title: "Stonegate Capital Partners Updates Coverage on Aemetis Inc. (AMTX) 2Q26 | AMTX Stock News" type: "News" locale: "en" url: "https://longbridge.com/en/news/295419400.md" description: "Stonegate Capital Partners updated coverage on Aemetis Inc. (AMTX), highlighting a visible operating inflection in Q2 2026 driven by 45Z tax credits, higher RNG production, and improved ethanol economics. Revenue rose 20% YoY to $62.7M, with adj. EBITDA turning positive at $9.7M. While dairy RNG sales surged 38%, the balance sheet remains a constraint due to high debt ($415.9M) and low cash, limiting the translation of operational gains into free cash flow." datetime: "2026-08-10T06:08:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295419400.md) - [en](https://longbridge.com/en/news/295419400.md) - [zh-HK](https://longbridge.com/zh-HK/news/295419400.md) generator: "portal-rs" --- # Stonegate Capital Partners Updates Coverage on Aemetis Inc. (AMTX) 2Q26 | AMTX Stock News See more from StockTitan in Google Search and AI answers.Adds StockTitan as a preferred source ยท opens Google Add on Google Dallas, Texas--(Newsfile Corp. - August 10, 2026) - Aemetis Inc. (NASDAQ: AMTX): Stonegate Capital Partners Updates Coverage on Aemetis Inc. (NASDAQ: AMTX). Aemetis' 2Q26 results made the operating inflection visible, as quarterly 45Z recognition, higher RNG production, and improved ethanol economics drove positive operating income and adj. EBITDA despite India OMC tender timing. Revenue increased 20% y/y and 15% q/q to $62.7M, below $68.6M consensus, while our normalized EPS estimate of negative $0.11 exceeded negative $0.24 consensus. Underlying results were better than the revenue variance: India reflected tender timing, and both California businesses delivered higher volumes, stronger gross profit, and increased environmental-credit contribution. To view the full announcement, including downloadable images, bios, and more, click here. **Key Takeaways:** - Revenue increased 20% y/y and 15% q/q to $62.7M, while gross profit improved to $13.5M from a $3.4M loss and adj. EBITDA reached $9.7M from negative $5.8M. The quarter made the operating inflection more visible, as quarterly 45Z recognition, higher RNG production, and improved ethanol economics more than offset weaker India revenue tied to OMC tender timing. - Dairy RNG remains the clearest growth driver, with sales volume increasing 38% y/y to 146,900 MMBtu and segment gross profit rising to $4.0M from $0.9M. Seven approved LCFS pathways averaging negative 380 CI are already improving credit economics, while six additional pathways nearing approval and two digesters expected to be commissioned in 3Q26 provide additional runway for higher production, profitability, and cash flow. - The Keyes earnings bridge continues to advance, with MVR targeted for operation by year-end 2026 and management estimating approximately $32M of annual value from lower natural-gas usage and incremental LCFS and 45Z benefits. While these operating improvements could materially strengthen the earnings profile beginning in 2027, the balance sheet remains the primary thesis constraint, with $1.0M of unrestricted cash, $415.9M of total debt, and refinancing progress still important to translating operating improvement into durable free cash flow. *Click image above to view full announcement.* * * * **About Stonegate** Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies. Source: Stonegate, Inc. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308884 ### 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) - [Starfighters Space, Inc. GAAP EPS of -$0.24](https://longbridge.com/en/news/296400745.md) - [15:04 ETHenning Cheese Brings Home 2026 Wisconsin Grand Master Cheesemaker Title at State Fair Dairy Products Contest](https://longbridge.com/en/news/296137939.md) - [13:39 ETTEAMSTERS, SEN. SANDERS DEMAND ANSWERS ON ST. ALBANS CREAMERY SHUTDOWN PLAN](https://longbridge.com/en/news/296523635.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**