Green Plains Reports Strong Q3 2026 Earnings Driven by Record Operational Performance and Tax Credits
Green Plains (GPRE) reported significant growth in its third quarter of 2026, highlighted by an adjusted EBITDA of $118.0 million, a 124.4% increase year-over-year. Despite a slight 2.5% dip in consolidated revenues to $496.0 million due to the sale of the Obion plant, net income surged to $85.4 million ($1.03 per diluted share) compared to just $11.9 million in the prior year period. The company's financial strength was heavily bolstered by Section 45Z tax credits, which generated $65.4 million in value during the quarter. Management also raised its 2026 Carbon EBITDA guidance to a range of $230 million to $250 million and provided an optimistic outlook for 2027, citing operational improvements and sequestration assets as key drivers for future low-carbon platform growth.
Tickers: $GPRE
Topics: earnings report EBITDA ethanol production net income revenue tax credits
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