Gevo, Inc. (GEVO) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	177.5M	160.6M	16.9M	17.2M	1.2M
Cost of Revenue	101.3M	112.0M	12.0M	12.0M	8.7M
Gross Profit	76.2M	48.5M	4.9M	5.2M	(7.5M)
Operating Expenses
R&D Expense	10.1M	4.5M	23.7M	6.6M	17.5M
SG&A Expense	58.4M	51.2M	45.8M	42.6M	39.9M
General & Admin Expense	58.4M	51.2M	45.8M	42.6M	39.9M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	193.2M	11.7M	26.2M	37.8M	37.7M
Total Operating Expenses	261.7M	67.4M	95.7M	87.0M	95.2M
Cost and Expenses	363.1M	179.4M	107.7M	99.0M	103.9M
Operating Income (EBIT)	(185.6M)	(18.9M)	(90.8M)	(81.8M)	(102.7M)
Non-Operating
Interest Income	3.5M	7.8M	15.7M	19.1M	3.5M
Interest Expense	20.7M	17.6M	3.9M	2.2M	1.2M
Net Interest Income	(17.3M)	(9.8M)	11.9M	16.9M	2.3M
Other Non-Op Income/Expense	(25.6M)	(13.8M)	12.2M	15.6M	4.7M
Non-Operating Income (excl Interest)	4.9M	(3.8M)	(16.1M)	(17.8M)	(5.8M)
EBT (Pre-Tax Income)	(211.2M)	(32.6M)	(78.6M)	(66.2M)	(98.0M)
Income Tax Expense	—	—	—	—	—
Bottom Line
Net Income	(212.9M)	(33.8M)	(78.6M)	(66.2M)	(98.0M)
Earnings from Cont. Ops	(211.2M)	(32.6M)	(78.6M)	(66.2M)	(98.0M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(212.9M)	(33.8M)	(78.6M)	(66.2M)	(98.0M)
Per Share
Basic EPS	($0.90)	($0.14)	($0.34)	($0.28)	($0.44)
Diluted EPS	($0.90)	($0.14)	($0.34)	($0.28)	($0.44)
Revenue Per Share	$0.75	$0.69	$0.07	$0.07	$0.01
Shares
Basic Shares Outstanding	237.1M	234.0M	231.7M	238.7M	221.5M
Diluted Shares Outstanding	237.1M	234.0M	231.7M	238.7M	221.5M
Profitability Metrics
EBITDA	(162.1M)	10.3M	(56.5M)	(45.0M)	(89.0M)
D&A	28.3M	25.3M	18.3M	19.0M	7.9M
EBIT	(190.5M)	(15.1M)	(74.8M)	(64.1M)	(96.8M)

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