Green Plains Returns to Profitability: Green Plains Reports Profit and Strong EBITDA in the Fourth Quarter of 2025

Omaha (USA) - Biofuels producer Green Plains Inc. has released its financial results for the fourth quarter and full year 2025. The company reported net income attributable to the company of 11.9 million US dollars (0.17 US dollars per diluted share) in the fourth quarter, compared with a loss of 54.9 million US dollars in the same quarter of the previous year. Adjusted EBITDA totaled 49.1 million US dollars, supported by 45Z production tax credits.

Green Plains is a leading biorefining company producing renewable fuels and sustainable ingredients. Leveraging expertise in agriculture, biology and fermentation, the company converts renewable feedstocks into low-carbon energy and raw materials. Its goal is to expand the production of low-carbon biofuels and create long-term value for shareholders and stakeholders.

The 45Z production tax credits stem from US federal tax legislation that promotes low-carbon renewable fuels. They are part of the Internal Revenue Code. Changes to such federal tax credits must be passed by Congress and therefore cannot be implemented unilaterally by the US President. These credits make a significant contribution to Green Plains’ profitability and provide substantial support to adjusted EBITDA.

The company’s ethanol plants achieved a high utilization rate of 97 percent, and its carbon capture facilities in Nebraska were successfully commissioned, reducing carbon intensity.

“Another quarter of strong operating cash flow shows the impact of the actions we have taken to strengthen the business. Our continued focus on operational excellence is translating directly into improved financial performance across the company. Our high-performing, disciplined operations are continuing to deliver strong results. Maintaining that focus will support sustainable performance and drive long-term value for our shareholders”, said CEO Chris Osowski.

For 2026, Green Plains expects adjusted EBITDA from 45Z production tax credits of at least 188 million US dollars, depending on production levels and carbon intensity. As of year-end 2025, the company held cash and cash equivalents of 230.1 million US dollars and had a revolving credit facility of 325 million US dollars, with total debt amounting to 399.5 million US dollars.

The Green Plains stock, which is listed in the global stock index RENIXX (Renewable Energy Industrial Index), reached a new annual high of 13.15 euros yesterday (12 February 2026), but subsequently declined sharply to 11.66 euros. After four trading days, Green Plains shares nevertheless lead the RENIXX ranking this week with a gain of 8.3 percent.

Source: IWR Online, 13 Feb 2026