Gevo (NASDAQ:GEVO) reported fourth-quarter financial results on Thursday that highlighted a significant operational turnaround, driven by the successful integration of its Red Trail Energy acquisition and record ethanol production.
The Englewood, Colorado-based renewable fuels company posted a net loss of $7.2 million, or 3 cents per share, meeting the consensus estimate of analysts surveyed by Zacks Investment Research.
Notably, Gevo achieved positive operating cash flow of $20 million for the quarter, a key milestone as it scales its sustainable aviation fuel (SAF) and carbon-tracking initiatives.
Revenue for the quarter reached $45 million, surpassing Wall Street's $43.5 million projection and bringing full-year revenue to $161 million.
The performance was bolstered by the monetization of $52 million in production tax credits and record output of 69 million gallons of low-carbon ethanol from its Gevo North Dakota facility.
For the full year, the company reported a net loss of $38.4 million, or 16 cents per share.
Gevo ended 2025 with $117 million in cash and reaffirmed its progress toward financing the Net-Zero 1 SAF project, supported by a $1.6 billion DOE loan guarantee.