GEVO, INC. financials
Source: EDGAR filings · Built 2026-06-04T02:26:18Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -45.28M | -109.37M | -108.20M | -128.40M | -105.06M | -25.56M |
| EBITDA | 5.11M | -72.53M | -62.83M | -94.80M | -55.14M | -21.06M |
| Working Capital | 64.82M | 179.35M | 294.96M | 389.99M | 319.45M | 78.34M |
| Net Debt | 86.36M | -118.77M | -228.17M | -167.43M | 50.01M | -76.74M |
| Gross Margin | — | — | — | — | -2148.97% | -171.01% |
| Operating Margin | -12.59% | -536.94% | -475.78% | -8739.23% | -11307.32% | -487.01% |
| Net Margin | -21.07% | -464.91% | -384.97% | -8341.02% | -11107.50% | -725.90% |
| Return on Equity (ROE) | -7.26% | -16.07% | -11.88% | -16.19% | -10.82% | -27.45% |
| Return on Assets (ROA) | -4.71% | -13.47% | -10.18% | -13.99% | -9.17% | -26.42% |
| Current Ratio | 1.82× | 8.36× | 4.23× | 16.33× | 11.98× | 16.88× |
| Debt-to-Equity | 0.36× | 0.14× | 0.13× | 0.12× | 0.17× | 0.01× |
| Cash Conversion Ratio | 0.40× | 0.73× | 0.81× | 0.45× | 0.82× | 0.48× |
| Accruals Ratio | -0.03× | -0.04× | -0.02× | -0.08× | -0.02× | -0.14× |
| SBC % of Revenue | 5.73% | 87.10% | 99.34% | 1482.47% | 1852.53% | 38.39% |
| CapEx Coverage | -0.42× | -1.10× | -0.99× | -0.53× | -0.85× | -3.11× |
| Free Cash Flow Per Share | $-0.19 | $-0.47 | $-0.45 | $-0.58 | $-0.54 | $-0.45 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 111.78× | — | — | — | — | — |
| P/S | 3.02× | 29.55× | 16.22× | 383.50× | 1621.97× | 98.37× |
| P/B | 1.04× | 1.02× | 0.50× | 0.74× | 1.58× | 3.72× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 160.58M | 16.91M | 17.20M | 1.18M | 533.00K | — |
| Revenues | — | — | — | — | 711.00K | 5.54M |
| Cost of Goods and Services Sold | — | — | — | — | — | 15.00M |
| Gross Profit | — | — | — | — | -11.45M | -9.47M |
| Research and Development Expense | 4.55M | 5.58M | 6.64M | 7.43M | 6.78M | 3.51M |
| Selling, General and Administrative Expense | — | — | — | — | 25.49M | 11.19M |
| Operating Expenses | — | — | — | — | 48.64M | 17.49M |
| Operating Income (Loss) | -20.21M | -90.82M | -81.83M | -102.69M | -60.27M | -26.96M |
| Income Tax Expense (Benefit) | — | — | — | — | — | 0 |
| Net Income (Loss) Attributable to Parent | -33.84M | -78.64M | -66.22M | -98.01M | -59.20M | -40.19M |
| Earnings Per Share, Basic | $-0.14 | $-0.34 | $-0.28 | $-0.44 | $-0.30 | — |
| Weighted Average Number of Shares Outstanding, Basic | 234.01M | 231.67M | 238.69M | 221.54M | 195.79M | — |
| Earnings Per Share, Diluted | $-0.14 | $-0.34 | $-0.28 | $-0.44 | $-0.30 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 234.01M | 231.67M | 238.69M | 221.54M | 195.79M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 81.16M | 189.39M | 298.35M | 237.13M | 40.83M | 78.34M |
| Assets, Current | 143.40M | 203.71M | 386.38M | 415.42M | 348.54M | 83.27M |
| Assets | 718.93M | 583.94M | 650.32M | 700.75M | 645.38M | 152.10M |
| Long-term Debt | 164.75M | 67.13M | 68.12M | 67.54M | 66.96M | 1.25M |
| Liabilities, Current | 78.58M | 24.36M | 91.43M | 25.44M | 29.09M | 4.93M |
| Long-term Debt, Excluding Current Maturities | 164.75M | 67.11M | 21.00K | 67.38M | 66.80M | 447.00K |
| Liabilities | 247.76M | 94.45M | 92.93M | 95.27M | 98.13M | 5.72M |
| Stockholders' Equity Attributable to Parent | 466.34M | 489.49M | 557.39M | 605.48M | 547.25M | 146.38M |
| Common Stock, Shares, Outstanding | 242.46M | 239.18M | 240.50M | 237.17M | 201.99M | 128.14M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -13.40M | -57.38M | -53.72M | -44.31M | -48.27M | -19.34M |
| Payments to Acquire Property, Plant, and Equipment | 30.11M | 51.09M | 54.45M | 84.08M | 56.77M | 6.22M |
| Net Cash Provided by (Used in) Investing Activities | -226.57M | -51.82M | 114.13M | 85.09M | -411.36M | -5.91M |
| Payments for Repurchase of Common Stock | — | 4.71M | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 97.88M | -7.36M | -189.00K | 138.56M | 517.32M | 87.28M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -30.16M | 7.93M | -53.21M | -38.37M | -30.34M | -33.80M |
| EBITDA | 1.96M | 3.62M | 3.71M | 13.01M | -14.52M | -13.57M |
| Working Capital | 88.97M | 64.82M | 65.05M | 97.21M | 52.86M | 179.35M |
| Net Debt | 91.33M | 86.36M | 95.16M | 114.06M | 106.08M | -118.77M |
| Operating Margin | -11.40% | -4.81% | -8.64% | 13.35% | -69.18% | -344.67% |
| Net Margin | -50.52% | -13.89% | -18.62% | 4.94% | -74.64% | -308.89% |
| Return on Equity (ROE) | -4.85% | -1.35% | -1.70% | 0.45% | -4.62% | -3.60% |
| Return on Assets (ROA) | -3.32% | -0.88% | -1.16% | 0.31% | -3.02% | -3.02% |
| Current Ratio | 4.31× | 1.82× | 1.91× | 2.33× | 2.04× | 8.36× |
| Debt-to-Equity | 0.38× | 0.36× | 0.36× | 0.36× | 0.36× | 0.14× |
| Cash Conversion Ratio | 0.97× | -3.17× | 4.19× | -12.39× | 1.11× | 1.07× |
| Accruals Ratio | -0.00× | -0.04× | 0.04× | 0.04× | 0.00× | 0.00× |
| SBC % of Revenue | 4.90% | 5.96% | 15.23% | 9.54% | 6.52% | 39.44% |
| CapEx Coverage | -2.35× | 1.66× | -1.68× | -2.25× | -3.82× | -1.26× |
| Free Cash Flow Per Share | $-0.13 | $0.03 | $-0.23 | $-0.16 | $-0.13 | $-0.15 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EV / EBITDA | 33.84× | 98.04× | — | — | — | — |
| P/S | 3.80× | 3.02× | 3.92× | 3.98× | 6.61× | 29.55× |
| P/B | 1.48× | 1.04× | 1.01× | 0.67× | 0.59× | 1.02× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 42.95M | 45.35M | 42.71M | 43.41M | 29.11M | 5.70M |
| Research and Development Expense | 1.50M | 1.29M | 1.27M | 934.00K | 1.05M | 1.27M |
| Operating Income (Loss) | -4.90M | -2.18M | -3.69M | 5.80M | -20.14M | -19.65M |
| Income Tax Expense (Benefit) | 0 | — | 0 | 0 | 0 | — |
| Net Income (Loss) Attributable to Parent | -21.70M | -6.30M | -7.95M | 2.14M | -21.73M | -17.61M |
| Earnings Per Share, Basic | $-0.09 | $-0.02 | $-0.03 | $0.01 | $-0.09 | $-0.09 |
| Weighted Average Number of Shares Outstanding, Basic | 236.84M | 234.01M | 232.68M | 232.95M | 232.03M | 231.67M |
| Earnings Per Share, Diluted | $-0.09 | $-0.02 | $-0.03 | $0.01 | $-0.09 | $-0.09 |
| Weighted Average Number of Shares Outstanding, Diluted | 236.84M | 234.01M | 232.68M | 236.84M | 232.03M | 231.67M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 78.90M | 81.16M | 72.60M | 57.26M | 65.29M | 189.39M |
| Assets, Current | 115.87M | 143.40M | 136.71M | 170.44M | 103.86M | 203.71M |
| Assets | 653.50M | 718.93M | 685.21M | 702.12M | 718.93M | 583.94M |
| Long-term Debt | 166.75M | 164.75M | 164.47M | 167.49M | 167.01M | 67.13M |
| Liabilities, Current | 26.89M | 78.58M | 71.66M | 73.23M | 51.00M | 24.36M |
| Long-term Debt, Excluding Current Maturities | 166.75M | 164.75M | 134.19M | 139.60M | 147.09M | 67.11M |
| Liabilities | 198.80M | 247.76M | 210.38M | 222.35M | 203.01M | 94.45M |
| Stockholders' Equity Attributable to Parent | 447.75M | 466.34M | 468.87M | 474.10M | 469.84M | 489.49M |
| Common Stock, Shares, Outstanding | 243.07M | 242.46M | 242.12M | 241.84M | 239.56M | 239.18M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -21.14M | 19.95M | -33.36M | -26.57M | -24.05M | -18.84M |
| Payments to Acquire Property, Plant, and Equipment | 8.88M | 11.21M | 18.91M | 11.08M | 5.83M | 14.63M |
| Net Cash Provided by (Used in) Investing Activities | -9.13M | -9.21M | -217.37M | -209.54M | -204.29M | -14.63M |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | -7.77M | -2.18M | 100.06M | 103.98M | 104.24M | -369.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (GEVO CIK 0001392380),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.