Green Plains Inc. (GPRE) Income Statement
GPRE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGPRE revenue and net income
Where GPRE's revenue goes
2025Each bar shows an amount and its share of revenue. GPRE kept −5.8% of revenue as net income.
GPRE profit margins
GPRE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −14.9% | −17.0% | +1.7% | −3.4% |
| Gross profit | −70.5% | −30.1% | −14.7% | −16.6% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GPRE quarterly EPS vs estimates
Green Plains beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.58).
GPRE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.09B | $2.46B | $3.30B | $3.66B | $2.83B | $1.92B | $2.42B | $3.86B | $3.60B | $3.41B |
| Cost of revenue | $2.05B | $2.33B | $3.13B | $3.55B | $2.65B | $1.84B | $2.38B | $3.64B | $3.30B | $3.10B |
| Gross profit | $38.5M | $130.4M | $164.8M | $112.7M | $179.0M | $85.4M | $32.3M | $215.7M | $294.6M | $314.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $122.7M | $118.0M | $129.4M | $118.9M | $91.1M | $84.9M | $77.1M | $115.9M | $112.0M | $104.7M |
| Total operating expenses | $122.7M | $177.9M | $226.3M | $211.6M | $153.5M | $208.1M | $174.9M | $87.0M | $244.5M | $223.1M |
| Operating income | −$84.2M | −$47.5M | −$61.6M | −$98.9M | $25.5M | −$122.7M | −$142.6M | $90.0M | $23.7M | $91.7M |
| Interest income | $4.2M | $7.6M | $11.0M | $5.3M | $575,000 | $659,000 | $4.3M | $3.1M | $1.6M | $1.5M |
| Interest expense | $76.7M | $33.1M | $37.7M | $32.6M | $67.1M | $40.0M | $40.2M | $87.4M | $83.7M | $51.9M |
| Income before taxes | −$172.7M | −$75.0M | −$81.9M | −$98.6M | −$42.3M | −$140.0M | −$170.1M | $5.6M | −$43.2M | $38.4M |
| Income taxes | −$51.7M | $6.2M | −$5.6M | $4.7M | $1.8M | −$50.4M | −$21.3M | −$16.7M | −$124.8M | $7.9M |
| Net income | −$121.3M | −$82.5M | −$93.4M | −$127.2M | −$66.0M | −$108.8M | −$166.9M | $15.9M | $61.1M | $10.7M |
| EBITDA | $31.3M | $52.4M | $53.6M | $26.6M | $116.1M | −$42.9M | −$60.6M | $42.1M | $154.4M | $174.4M |
| EPS (diluted) | −$1.35 | −$1.81 | −$1.71 | −$2.79 | −$2.21 | −$2.46 | −$3.75 | −$2.59 | −$0.84 | $0.25 |
| Gross margin | 1.8% | 5.3% | 5.0% | 3.1% | 6.3% | 4.4% | 1.3% | 5.6% | 8.2% | 9.2% |
| Operating margin | −4.0% | −1.9% | −1.9% | −2.7% | 0.9% | −6.4% | −5.9% | 2.3% | 0.7% | 2.7% |
| Net margin | −5.8% | −3.4% | −2.8% | −3.5% | −2.3% | −5.7% | −6.9% | 0.4% | 1.7% | 0.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $446.2M | $455.2M | $428.8M | $508.5M | $552.8M | $601.5M | $584.0M | $658.7M | $618.8M | $597.2M | $712.4M | $892.8M |
| Cost of revenue | $333.2M | $377.5M | $487.1M | $456.3M | $511.3M | $598.5M | $577.9M | $580.6M | $581.0M | $588.8M | $632.4M | $818.0M |
| Gross profit | $113.0M | $77.6M | −$58.3M | $52.2M | $41.6M | $3.0M | $6.2M | $78.1M | $37.8M | $8.4M | $79.9M | $74.8M |
| Research & development | — | — | — | — | — | — | $3.5M | — | — | — | — | — |
| Sales, general & admin | $21.7M | $19.5M | $22.9M | $29.3M | $27.6M | $42.9M | $25.6M | $26.7M | $34.0M | $31.8M | $32.8M | $35.3M |
| Total operating expenses | $45.2M | $19.5M | −$30.8M | $18.3M | $69.9M | $65.3M | $47.1M | $22.1M | $55.5M | $53.3M | $63.7M | $53.6M |
| Operating income | $67.9M | $58.1M | −$27.5M | $33.9M | −$28.4M | −$62.3M | −$40.9M | $56.1M | −$17.7M | −$44.9M | $16.3M | $21.2M |
| Interest income | $1.4M | $2.9M | $1.5M | $1.1M | $634,000 | $1.0M | $1.8M | $1.7M | $1.5M | $2.5M | $3.3M | $2.5M |
| Interest expense | $8.1M | $11.5M | $6.1M | $47.8M | $13.9M | $8.9M | $7.7M | $10.1M | $7.5M | $7.8M | $8.7M | $9.6M |
| Income before taxes | $61.7M | $36.4M | −$15.6M | −$14.7M | −$69.9M | −$72.5M | −$47.7M | $47.8M | −$24.3M | −$50.8M | $11.7M | $18.5M |
| Income taxes | −$5.5M | $2.9M | −$28.5M | −$25.6M | $2.3M | $106,000 | $7.0M | −$825,000 | −$273,000 | $329,000 | −$264,000 | −$7.8M |
| Net income | $67.1M | $32.9M | $11.9M | $11.9M | −$72.2M | −$72.9M | −$54.9M | $48.2M | −$24.4M | −$51.4M | $7.2M | $22.3M |
| EBITDA | $93.3M | $71.5M | $13.8M | $58.1M | −$208,000 | −$40.4M | −$23.0M | $84.3M | $5.7M | −$20.4M | $44.8M | $51.8M |
| EPS (diluted) | $0.83 | $0.42 | −$0.12 | $0.07 | −$0.42 | −$0.88 | −$0.86 | $0.24 | −$0.38 | −$0.81 | $0.13 | $0.25 |
| Gross margin | 25.3% | 17.1% | −13.6% | 10.3% | 7.5% | 0.5% | 1.1% | 11.9% | 6.1% | 1.4% | 11.2% | 8.4% |
| Operating margin | 15.2% | 12.8% | −6.4% | 6.7% | −5.1% | −10.4% | −7.0% | 8.5% | −2.9% | −7.5% | 2.3% | 2.4% |
| Net margin | 15.0% | 7.2% | 2.8% | 2.3% | −13.1% | −12.1% | −9.4% | 7.3% | −3.9% | −8.6% | 1.0% | 2.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GPRE's financial statements (latest annual report filed February 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GPRE financial results
In fiscal year 2025 (ended December 31, 2025), Green Plains reported revenue of $2.1 billion, down 14.9% from the year before. It had a net loss of $121.3 million, a net profit margin of −5.8%. Diluted earnings per share came to −$1.35. Over five years revenue grew at an average rate of 1.7% a year.
See the GPRE stock overview for the latest quote and news, or the GPRE chart for price history and technical indicators.
GPRE income statement FAQ
What is Green Plains's annual revenue?
Green Plains reported total revenue of $2.1 billion for fiscal year 2025, which ended on December 31, 2025. That was down 14.9% from $2.5 billion the previous year.
Is Green Plains profitable?
No. Green Plains reported a net loss of $121.3 million in fiscal 2025, a net profit margin of −5.8%; its operating margin was −4.0%.
What is Green Plains's gross margin?
Green Plains's gross margin was 1.8% in fiscal 2025: for every $100 of revenue, Green Plains kept $2 after the direct cost of its products and services.
How fast is Green Plains growing?
Revenue grew 1.7% a year on average over the last five fiscal years, from $1.9 billion to $2.1 billion.
What are Green Plains's earnings per share?
Green Plains earned $-1.35 per diluted share in fiscal 2025, compared with $-1.81 a year earlier.
When will Green Plains report its next earnings?
Green Plains is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Green Plains's fiscal year end?
Green Plains's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 10, 2026.