Gevo, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, reporting revenue of $45 million for the quarter and $161 million for the full year. The company achieved positive cash flow from operations of $20 million in Q4 2025 and reported a non-GAAP Adjusted EBITDA of $7.7 million.
Key takeaways
Q4 2025 revenue was $45 million, contributing to $161 million in full-year 2025 revenue.
The company achieved positive cash flow from operations of $20 million in the fourth quarter of 2025.
Non-GAAP Adjusted EBITDA was $7.7 million for Q4 2025, marking the third consecutive quarter of positive Adjusted EBITDA.
Cash, cash equivalents, and restricted cash increased to $117 million at year-end 2025, up $9 million from the prior quarter.
Gevo targets neutral to positive cash flow from operations for 2026 and reaffirms a target of approximately $40 million run-rate Non-GAAP Adjusted EBITDA.
Gevo produced a record 69 million gallons of low-carbon ethanol in 2025 at Gevo North Dakota, a 3% increase versus 2024.