Aemetis Q2 Earnings Jump 20% as Renewable Natural Gas Segment Drives Growth

Aemetis Inc., parent company of Aemetis Advanced Fuels, has announced its Q2 2026 earnings results. Revenue reached $62.7 million, representing a 20% increase year over year due to growth in California Ethanol and Dairy Renewable Natural Gas operating segments.

The company reported positive operating income at $5.8 million, up from an operating loss of $10.7 million the previous year. Section 45Z Production Tax Credits contributed $8.6 million, with $2.1 million coming from the Dairy Renewable Natural Gas segment and $6.5 million from California Ethanol.

Aemetis' ethanol sales volume increased to 15.5 million gallons in Q2 2026, reflecting a 12% rise year over year. This represents 113% of nameplate capacity utilization at that time. The company's net loss for the period was $9.4 million, an improvement from the previous year's $23.4 million.