Alto Ingredients, Inc. (ALTO) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	943.3M	917.9M	965.3M	1.2B	1.3B
Cost of Revenue	890.3M	891.1M	955.5M	1.2B	1.4B
Gross Profit	53.0M	26.8M	9.7M	15.7M	(27.6M)
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	28.1M	27.2M	29.7M	32.7M	28.1M
General & Admin Expense	8.0M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(11.4M)	(7.5M)	31.7M	6.8M	5.7M
Total Operating Expenses	16.7M	19.7M	61.4M	39.5M	33.8M
Cost and Expenses	907.0M	910.8M	1.0B	1.2B	1.4B
Operating Income (EBIT)	36.3M	7.1M	(51.7M)	(23.8M)	(61.4M)
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	9.4M	10.8M	7.6M	7.4M	1.8M
Net Interest Income	(9.4M)	(10.8M)	(7.6M)	(7.4M)	(1.8M)
Other Non-Op Income/Expense	15.0M	5.6M	(7.1M)	(4.1M)	21.7M
Non-Operating Income (excl Interest)	(14.3M)	(16.3M)	(508.0K)	(3.4M)	(23.5M)
EBT (Pre-Tax Income)	51.4M	12.7M	(58.8M)	(27.9M)	(39.7M)
Income Tax Expense	(621.0K)	(621.0K)	173.0K	97.0K	1.9M
Bottom Line
Net Income	51.7M	13.3M	(59.0M)	(28.0M)	(41.6M)
Earnings from Cont. Ops	52.0M	13.3M	(59.0M)	(28.0M)	(41.6M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	50.4M	12.1M	(60.3M)	(29.3M)	(42.9M)
Per Share
Basic EPS	$0.68	$0.16	($0.82)	($0.40)	($0.58)
Diluted EPS	$0.67	$0.16	($0.82)	($0.40)	($0.58)
Revenue Per Share	$12.48	$12.32	$13.14	$16.68	$18.56
Shares
Basic Shares Outstanding	75.6M	74.5M	73.5M	73.3M	71.9M
Diluted Shares Outstanding	77.1M	75.7M	73.5M	73.3M	71.9M
Profitability Metrics
EBITDA	69.6M	48.7M	(26.8M)	2.6M	(12.8M)
D&A	19.0M	25.2M	24.4M	23.1M	25.1M
EBIT	50.7M	23.5M	(51.2M)	(20.5M)	(37.8M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026