Gevo Q2 GAAP net loss widens to $176.94 million; revenue rises to $46.5 million
GEVO•
GEVO•Non-GAAP adjusted EBITDA was USD 11 million; results excluded revenue from a newly approved Canada Clean Fuel Regulation pathway, expected to start in Q3.
Full-year 2026 non-GAAP adjusted EBITDA outlook was raised to more than USD 60 million from USD 30 million, with over USD 70 million of Section 45Z tax credits targeted.
Gevo posted Q2 revenue of USD 47 million, up 7.11% from a year earlier; net loss attributable to shareholders widened to USD 177 million.
The loss included a one-time, non-cash impairment charge of USD 176 million tied to exiting the ATJ-60 project and other non-core activities.