Green Plains

Green Plains turns corn into low-carbon fuels and animal feed. These products help power cars and provide high-protein nutrition for pets and livestock. The company also captures carbon to lower the environmental impact of its energy products.

Fuel, Feed, and Protein

• Ethanol Production: Produces renewable fuel and industrial-grade alcohol at nine biorefineries located across the United States.
• Agribusiness and Energy: Manages grain buying and storage while providing commodity marketing and natural gas procurement services.
• Renewable Corn Oil: Extracts non-edible oil used as a primary raw material for making biodiesel and renewable diesel.
• Ultra-High Protein: Creates specialized feed ingredients with protein levels of 50% or higher for the global pet and aquaculture markets.

New Directions for the Platform

• Commenced carbon capture and storage operations at three Nebraska plants in the fourth quarter of 2025.
• Closed the sale of an ethanol facility in Tennessee to POET Biorefining - Obion, LLC in September 2025.
• Entered a five-year marketing agreement with Eco-Energy, LLC in April 2025 to manage ethanol sales and logistics.
• Idled the Fairmont, Minnesota biorefinery in January 2025 to address ongoing margin pressures in the industry.

Why Technology Matters

Green Plains uses specialized processing technology to create high-value proteins and corn oil from the same corn used for fuel. This platform allows the company to reduce carbon emissions through pipeline connections that store biogenic carbon dioxide underground.

A Look at the Numbers

• Net income turned positive at $11.9 million in Q4 2025, up 121.7% from the previous year.
• Revenue reached $428.8 million in Q4 2025, a 26.6% decrease from the same period in 2024.
• Free cash flow improved to $52.8 million in Q4 2025, up 197.3% year-over-year.
• Operating income loss narrowed to $27.5 million in Q4 2025, a 32.9% improvement from the prior year.

Bottom Line

Green Plains is evolving from a commodity fuel maker into an agricultural technology business focused on carbon reduction. Its strategy relies on diversifying products and using new technology to capture value in the low-carbon transition.