Press release
Green Plains Reports Third Quarter 2025 Financial Results
Results for the Third Quarter of 2025 and Future Outlook: Net income attributable to Green Plains of $11.9 million, or EPS of $0.17 per diluted share
About this update from Green Plains, Inc.
[{"type":"text","content":"\nResults for the Third Quarter of 2025 and Future Outlook:\n\n\nNet income attributable to Green Plains of $11.9 million, or EPS of $0.17 per diluted share\n\n\nAdjusted EBITDA of $52.6 million, inclusive of $25.0 million in 45Z production tax credit value net of discounts and other costs\n\n\nOn track for $15 - $25 million of 45Z production tax credit monetization value net of discounts and other costs for the fourth quarter\n\n\nCarbon capture started up and fully operational at York, Nebraska facility\n\n\nCentral City and Wood River, Nebraska carbon capture systems are online and ramping up capture volumes providing a distinct carbon intensity advantage for Nebraska-based plants\n\n\n45Z tax credit monetization agreement executed, advancing low-carbon ethanol value creation\n\n\nSale of Obion, Tennessee plant completed; proceeds used to fully repay $130.7 million junior mezzanine debt and further strengthen the balance sheet\n\n\nAchieved strong utilization in the quarter from the nine operating ethanol plants of 101%\n\n\nDisciplined risk management strategy continues to support fourth quarter margins and cash flow\n\n\n OMAHA, Neb.--(BUSINESS WIRE)--\nGreen Plains Inc. (NASDAQ:GPRE) (“Green Plains” or the “company”) today announced financial results for the third quarter of 2025. Net income attributable to the company was $11.9 million, or $0.17 per diluted share, compared to net income attributable to the company of $48.2 million, or $0.69 per diluted share, for the same period in 2024, with $35.7 million of non-recurring interest expense related to the extinguished junior mezzanine notes being the primary driver of the reduction in third quarter 2025 net income when compared to prior year. Adjusted EBITDA was $52.6 million compared with $53.3 million for the same period in the prior year. The results for the quarter include $26.5 million of year-to-date 45Z production tax credit value net of discounts recorded as income tax benefit and $36.0 million in a gain on sale of assets from the sale of our Tennessee ethanol plant. The company also incurred $2.7 million in restructuring costs related to transformation initiatives. Revenues were $508.5 million for the third quarter of 2025 compared with $658.7 million for the same period last year.\n\n“This quarter marks an important milestone for Green Plains,” said Chris Osowski...