Green Plains Inc. reported a decline in financial performance for the second quarter of 2025, with revenues totaling $552.8 million, down from $618.8 million in the same period last year. The company experienced a net loss of $72.2 million, compared to a loss of $24.0 million in the prior year. This significant increase in losses was attributed to a combination of factors, including a $28.3 million loss from equity method investees, a $10.7 million impairment of assets held for sale, and a $4.0 million loss on the sale of assets. The company's earnings per share for the quarter were $(1.09), compared to $(0.38) in the previous year.
In terms of operational changes, Green Plains has undergone a strategic reorganization aimed at reducing costs and improving efficiency. The company has identified approximately $50 million in annual financial improvements, which include idling its Fairmont, Minnesota facility and transitioning to a third-party ethanol marketer. The restructuring efforts resulted in one-time costs of $19.1 million for the first half of 2025, primarily related to severance and other charges. Additionally, the company has entered into a product financing arrangement, receiving $38.4 million for corn oil, which will be repurchased in increments through January 2026.
The ethanol production segment generated revenues of $527.2 million, a slight increase from $525.4 million in the previous year, primarily due to a one-time sale of accumulated Renewable Identification Numbers (RINs) valued at $22.6 million. However, the agribusiness and energy services segment saw a significant revenue drop to $31.5 million from $100.9 million, largely due to the cessation of a third-party ethanol marketing agreement. The overall cost of goods sold decreased to $511.3 million from $581.0 million, reflecting lower corn volumes processed and reduced freight costs.
Looking ahead, Green Plains is focused on enhancing its carbon capture initiatives and expanding its product offerings. The company is investing in carbon capture and sequestration projects at its Nebraska facilities, with total project costs expected to reach approximately $130 million. These projects are anticipated to significantly reduce greenhouse gas emissions and improve the carbon intensity of its biofuels. The company is also exploring partnerships to develop sustainable aviation fuel (SAF) and other high-value products, positioning itself for future growth in the evolving energy landscape.
About Green Plains Inc.
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.