Green Plains(NASDAQ) GPRE

Green Plains makes renewable fuels and ingredients for animal feed. It helps farmers sell corn and provides companies with low-carbon fuels. Its work supports cleaner transportation and sustainable food for many customers.

Fuels and Feeds

• Ethanol Production: Operations including the creation of renewable fuel and animal feed co-products; generated $410.8 million in revenue in the second quarter of 2026.
• Agribusiness and Energy Services: Management of grain buying, storage, and commodity marketing; recorded $35.5 million in revenue in the second quarter of 2026.
• Ultra-High Protein: Specialty feed ingredient used for poultry, dairy, and aquaculture markets.
• Renewable Corn Oil: Low-carbon feedstock used to produce biodiesel and renewable diesel.

Growing the Network

• Launched carbon capture and sequestration (a way to trap and store carbon dioxide) at three facilities in Nebraska.
• Completed the sale of the Obion, Tennessee production plant in September 2025.
• Signed agreements with Summit Carbon Solutions to expand storage capabilities to Iowa and Minnesota by 2028.
• Amended a revolving credit facility in April 2026 to extend its term and manage debt levels.

Setting the Standard

The company integrates carbon capture technology directly into its production facilities to lower the carbon intensity of its biofuels. This measurement tracks the total greenhouse gas emissions produced throughout a fuel's entire life cycle.

By the Numbers

• Consolidated revenue was $446.2 million for the three months ended June 30, 2026, down 19.3% year over year.
• Net income reached $67.2 million for the three-month period ended June 30, 2026.
• Adjusted EBITDA was $93.3 million in the second quarter of 2026, up from $16.4 million year over year.
• Clean energy tax credits provided a $58.7 million benefit to earnings in the three months ended June 30, 2026.
• Total corporate liquidity stood at $196.4 million as of June 30, 2026.

Bottom Line

Green Plains has transitioned from a traditional ethanol producer into an agricultural technology company focused on low-carbon ingredients. This evolution allows the business to capture value from environmental incentives and higher-margin protein products.