EarningsQ2 2026 Earnings Report
DE:FPR Q2 2026 EPS Results
Actual EPS€0.13
Consensus EPS€0.07
Beat/MissBeat by +€0.06
One Year Ago EPS-€0.13
DE:FPR Q2 2026 Revenue Results
Actual Revenue€218.22M
Expected Revenue€205.37M
Beat/MissBeat by +€12.84M
YoY Revenue Growth+12.48%
Earnings Announcement Details
QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
DE:FPR Upcoming Earnings
Alto Ingredients's next earnings date is estimated for November 9, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:FPR Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a decidedly positive operating and financial narrative: strong YoY revenue growth, materially improved crush margins, a return to net income and positive adjusted EBITDA, significant operating cash flow, targeted capacity expansions (Pekin debottlenecking, Columbia CO2 tank) and active monetization plans for 45Z tax credits. Headwinds are present but manageable — primarily export volume impacts from geopolitical shipping disruptions, ~$2 million of outage and maintenance expense, unrealized derivative mark-to-market headwinds and timing/execution risks around realizing additional low carbon intensity benefits. On balance, the company demonstrated improved profitability, disciplined capital allocation (debt paydown and targeted CapEx), and multiple levers to drive future upside.Company Guidance
Sustained Profitability Across Key Metrics
Fourth consecutive quarter of positive gross profit, income from operations, net income, and adjusted EBITDA; adjusted EBITDA improved by $23.9 million to $23.7 million (from negative in prior-year period).
Revenue Growth and Higher Realized Prices
Consolidated net sales of $246.0 million, up $27.0 million (+12.3% YoY). Sold 88.5 million gallons of ethanol and specialty alcohols, up 1.8 million gallons, at an average sales price of $2.15/gal (+$0.20 or +10% YoY).
Large Improvement in Crush Margins Driving Gross Profit
Industry crush margins increased to $0.33/gal from $0.11/gal YoY (absolute increase $0.22/gal; +200% relative), contributing approximately $17 million of incremental gross profit; gross profit increased $19 million year-over-year to $17 million.
Net Income Turnaround
Net income attributable to common stockholders of $11.4 million (EPS $0.15) vs. net loss of $11.3 million (EPS -$0.15) in Q2 2025 — a YoY swing of $22.7 million.
45Z Tax Credit Recognition and Target
Recognized $5.1 million in 45Z tax credit earnings in Q2 and $7.9 million year-to-date; company remains on track to qualify 90 million gallons+ and expects a minimum of $15 million in income from tax credits (after monetization costs).
Strong Operating Cash Flow and Balance Sheet Actions
Generated $28.5 million in cash flow from operating activities in the quarter; cash balance $24.0 million as of 6/30/2026. Paid down $8.5 million in principal during Q2 (total principal payments YTD $25.1 million), leaving term debt outstanding of $29.9 million and total borrowing availability of $106 million. Established $50 million at-the-market (ATM) equity program.
Capital Projects Delivering Capacity and Efficiency
Completed Pekin dry mill debottlenecking that increases annual production capacity by ~8% (~5 million gallons); dry mill restart completed and ramping to new production levels with full benefit expected in Q4. Working to add third CO2 storage tank at Columbia to be operational in Q4.
Improved Ingredient Returns and Lower Input Costs
Essential ingredient return improved to 51.6% from 45.2% (+6.4 percentage points). Corn costs decreased ~5% YoY. Utility costs (natural gas and electricity) declined by nearly $600k YoY.
DE:FPR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed