Gevo Inc
NASDAQ:GEVO
Gevo Inc
Gevo, Inc. is a renewable chemicals and next generation biofuels company, which focuses on the development and commercialization of renewable alternatives to petroleum-based products. The company is headquartered in Englewood, Colorado and currently employs 99 full-time employees. The company went IPO on 2011-02-09. The firm focused on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels, such as sustainable aviation fuel (SAF). The firm operates in four segments: Gevo segment, Agri-Energy segment, Renewable Natural Gas segment and Net-Zero segment. The Gevo segment helps in all research and development activities related to seeks to production of isobutanol, including the development of its biocatalysts and production and sale of biojet fuel. Agri-Energy segment is engaged in the operation of the Company's luverne facility and the production of isobutanol, ethanol and related products. Renewable Natural Gas segment produces low-carbon methane from the manure of cows and pigs for the production of energy. Net-Zero segment is for the production of energy dense liquid hydrocarbons using renewable energy and its technology.
Gevo, Inc. is a renewable chemicals and next generation biofuels company, which focuses on the development and commercialization of renewable alternatives to petroleum-based products. The company is headquartered in Englewood, Colorado and currently employs 99 full-time employees. The company went IPO on 2011-02-09. The firm focused on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels, such as sustainable aviation fuel (SAF). The firm operates in four segments: Gevo segment, Agri-Energy segment, Renewable Natural Gas segment and Net-Zero segment. The Gevo segment helps in all research and development activities related to seeks to production of isobutanol, including the development of its biocatalysts and production and sale of biojet fuel. Agri-Energy segment is engaged in the operation of the Company's luverne facility and the production of isobutanol, ethanol and related products. Renewable Natural Gas segment produces low-carbon methane from the manure of cows and pigs for the production of energy. Net-Zero segment is for the production of energy dense liquid hydrocarbons using renewable energy and its technology.
Strong Revenue Growth: Revenue soared to $43.6 million in Q3 2025 from $2 million a year ago, a jump driven by the North Dakota acquisition and improved operations.
Improved Profitability: Adjusted EBITDA turned positive at $6.6 million, versus a loss last year, with Gevo North Dakota contributing $17.8 million in adjusted EBITDA.
Tax Credit Monetization: Gevo sold $52 million in Section 45Z production tax credits for 2025; cash inflows from these sales are expected to continue into the next two quarters.
Carbon Business Expansion: The company is successfully selling verified carbon credits, with CDR sales expected to grow from $1 million to between $3–5 million by end of 2025.
Platform for Growth: Management believes that North Dakota operations could deliver over $100 million in annual adjusted EBITDA through incremental expansions and carbon value optimization.
ATJ-30 Project Update: Design and engineering for the 30M gallon jet fuel plant are progressing; management sees a path to $150 million in additional EBITDA from this project.
DOE Loan Shift: The Department of Energy is considering transferring its loan guarantee to the North Dakota site, seen as a validation of Gevo's strategy and asset quality.
Verity Platform Nears Commercialization: Carbon tracking and verification platform Verity is installed and expected to be fully functional by year-end, presenting a new commercialization opportunity.
