MARKETS / NASDAQ / GPRE

NASDAQ · INDUSTRIAL ORGANIC CHEMICALS · MID CAP

Green Plains Inc. GPRE

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$2.1B

▼ 14.9% YoY

Net income

$-121.3M

Free cash flow

$73.7M

In brief

What this company does

Green Plains is a renewable fuels and agricultural technology company focused on producing low-cost, low-CI ethanol and related co-products, including high protein feeds and corn oil from locally sourced corn. As of December 31, 2025, the company had 642 full-time, part-time, temporary and seasonal employees, including 71 employees at its corporate office in Omaha, Nebraska. Green Plains groups its business activities into two operating segments to manage performance: Ethanol Production and Agribusiness and Energy Services. The Ethanol Production segment includes the production, storage and transportation of ethanol, distillers grains, Ultra-High Protein and renewable corn oil at nine biorefineries in Illinois, Indiana, Iowa, Minnesota and Nebraska. The Agribusiness and Energy Services segment includes grain procurement, storage and commodity marketing.

Written from the business description in Green Plains Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 10 February 2026. Every sentence was checked against that document before publication.

Growth

USD 2.1B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 2.1 · Net income -0.1

Compound annual growth

Revenue

−17.0%

+1.7%

−3.4%

−0.1%

Returned to shareholders

+10.8%

+7.7%

+2.6%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +1.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−6 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -3.2% · Net -5.8%

ROE

FY2025 · ROE -14.9%

Gross margin6.5%

Operating margin-3.2%

Net margin-5.8%

Return on assets-7.2%

EBITDAUSD 31.2M

Each USD of equity lost 15 cents this year.

Cash & shareholders

USD 30.7M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 73.7

Net buybacks $M Dividends $M

FY2025 · Dividends 0.7 · Net buybacks 30.0

Dividends paidUSD 721,000.00

Net buybacksUSD 30.0M

Share of profit-25.3%

Consecutive raises—

USD 721,000.00 in dividends and USD 30.0M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 1.6B

EquityUSD 766.2M

CashUSD 182.3M

Gross debtUSD 365.9M

Net debtUSD 183.6M

Current ratio1.79×

Net debt stands at 24% of equity.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	2.1	2.5	3.3	3.7	2.8	1.9	0.1	0.3	3.3	3.4	3.0	3.2	3.0	3.5	3.6	2.1	1.3
Operating income $B	−0.1	−0.0	−0.1	−0.1	0.0	−0.1	−0.1	0.1	0.0	0.1	0.1	0.3	0.1	0.1	0.1	0.1	0.0
EBITDA $B	0.0	0.0	0.0	−0.0	0.1	−0.0	−0.1	0.2	0.1	0.2	0.1	0.3	0.2	0.1	0.1	0.1	0.1
Income tax $B	−0.1	0.0	−0.0	0.0	0.0	−0.1	−0.0	−0.0	−0.1	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0
Net income $B	−0.1	−0.1	−0.1	−0.1	−0.1	−0.1	−0.2	0.0	0.1	0.0	0.0	0.2	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.1	−0.1	−0.1	−0.1	−0.2	−0.0	−0.1	−0.0	−0.2	0.0	−0.0	0.2	0.1	−0.0	0.1	0.0	0.0
EPS, diluted $	−1.80	−1.29	−1.59	−2.29	−1.41	−3.14	−4.38	0.39	1.47	0.28	0.18	3.96	1.26	0.39	1.01	1.51	0.79
Dividend / sh $	·	·	·	·	·	·	·	0.48	0.48	0.40	·	·	·	·	·	·	·
Payout %	−1	−6	−24	−18	−14	−9	−19	259	64	350	280	6	6	·	·	·	·
ROE %	−14.9	−9.7	−10.6	−13.7	−8.3	−15.6	−19.6	1.7	6.8	1.3	0.9	23.8	8.4	2.4	7.7	9.8	·
Shares out B	0.07	0.06	0.06	0.06	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.04	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 78 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 14 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityIndustrial Organic Chemicals

Listed onNASDAQ

Incorporated inIowa

Fiscal year endsDecember 31

Data on record since2009