Gevo Inc (GEVO) financials
Gevo revenue and earnings by year
Gevo's revenue was $161 million in the fiscal year to December 31, 2025, up 849.3% from the year before. Net income was -$33.8 million, -21.1% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 21.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 161 | 17 | 17 | 1 | 1 | 6 | 24 | 33 | 28 | 27 |
| Revenue growth | 849.3% | -1.7% | 1363.8% | 120.5% | -90.4% | -77.4% | -25.5% | 19.3% | 1.2% | — |
| Gross profit | 75 | 5 | 5 | -8 | -7 | -9 | -12 | -9 | -11 | -10 |
| Gross margin | 46.9% | 29.0% | 30.3% | -640.3% | -1342.2% | -171.0% | -50.0% | -26.5% | -38.6% | -36.0% |
| Operating income | -20 | -91 | -82 | -103 | -60 | -27 | -26 | -22 | -23 | -24 |
| Operating margin | -12.6% | -536.9% | -475.8% | -8739.2% | -11307.3% | -487.0% | -107.6% | -67.6% | -84.6% | -88.1% |
| Net income | -34 | -79 | -66 | -98 | -59 | -40 | -29 | -28 | -25 | -37 |
| Net margin | -21.1% | -464.9% | -385.0% | -8341.0% | -11107.5% | -725.9% | -117.0% | -85.1% | -89.4% | -136.8% |
| Diluted EPS | -$0.14 | -$0.34 | -$0.28 | -$0.44 | -$0.30 | — | -$2.34 | — | -$30.77 | — |
| Free cash flow | -44 | -108 | -108 | -128 | -114 | -25 | -27 | -18 | -23 | -26 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GEVO in Markets.
How Gevo makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Gevo North Dakota | $40.5M | 87.2% |
| Renewable Natural Gas | $4.45M | 9.6% |
| Gevo | $1.53M | 3.3% |
See also: GEVO returns
No forecast, no recommendation. This page describes Gevo Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.