Aemetis swings to Q3 net income of $5.2 million; revenues rise 49% to $88.2 million
AMTX•Aemetis reported third-quarter 2026 net income of $5.2 million, compared with a $23.7 million loss a year earlier. Revenue increased 49% to $88.2 million, including $24.7 million in Section 45Z production tax credits.
1. Quarterly results
Aemetis swung to third-quarter net income of $5.2 million from a $23.7 million loss a year earlier, as revenue rose 49% to $88.2 million. Revenue included $24.7 million in Section 45Z production tax credits, including an approximately $11 million first-half 2026 true-up following a September 8 update to the 45ZCF-GREET model. RNG sales volume climbed 39% year over year to 158,200 MMBtu.
2. Biogas network
In October 2026, Aemetis had 14 operating digesters receiving waste from 17 dairies.
