Aemetis Beats Earnings Expectations, Revenue Falls Short

Aemetis reported its quarterly earnings for Q2 2026, showing an improvement in operating performance. Revenue rose 20% year-over-year to $62.7 million from $52.2 million in the same period last year.

The company's adjusted loss narrowed sharply to 13 cents a share, beating analysts' expectations of a 26-cent loss per share. However, revenue fell short of Wall Street estimates by $7.19 million or 10.29%.

Aemetis attributed the growth in revenue to an increase in California ethanol and dairy renewable natural gas sales. The company also noted that operating income improved by $16.4 million to a profit of $5.8 million from an operating loss of $10.7 million last year.

The stock price rose 3.55% to $1.605 in pre-market trading, but remains well below its 52-week high of $3.8. Management highlighted several catalysts for future growth, including the completion of two new dairy methane capture digesters and the operationalization of a mechanical vapor recompression system at the Keyes ethanol plant.