Gevo, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $160.6M | $16.9M | $17.2M | $1.2M | $711,000 |
| Gross profit | — | — | — | — | -$11.5M |
| Selling, general & administrative | — | — | — | — | $25.5M |
| Research and development | $4.5M | $5.6M | $6.6M | $7.4M | $6.8M |
| Operating expenses | — | — | — | — | $48.6M |
| Operating income | -$20.2M | -$90.8M | -$81.8M | -$102.7M | -$60.3M |
| Interest expense | $17.6M | $3.9M | $2.2M | $1.2M | $251,000 |
| Net income | -$33.8M | -$78.6M | -$66.2M | -$98.0M | -$59.2M |
| Balance Sheet | |||||
| Cash and equivalents | $81.2M | $189.4M | $298.3M | $237.1M | $40.8M |
| Current assets | $143.4M | $203.7M | $386.4M | $415.4M | $348.5M |
| Total assets | $718.9M | $583.9M | $650.3M | $700.7M | $645.4M |
| Current liabilities | $78.6M | $24.4M | $91.4M | $25.4M | $29.1M |
| Total liabilities | $247.8M | $94.5M | $92.9M | $95.3M | $98.1M |
| Total debt | $173.2M | $68.2M | $68.3M | — | — |
| Stockholders' equity | $466.3M | $489.5M | $557.4M | $605.5M | $547.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$13.4M | -$57.4M | -$53.7M | -$44.3M | -$48.3M |
| Depreciation and amortization | $25.3M | $18.3M | $19.0M | $7.9M | $5.1M |
| Stock-based compensation | $9.2M | $14.7M | $17.1M | $17.4M | $9.9M |
| Capital expenditure | $30.1M | $51.1M | $54.5M | $84.1M | $56.8M |
| Free cash flow | -$43.5M | -$108.5M | -$108.2M | -$128.4M | -$105.0M |
| Share repurchases | — | $4.7M | — | — | — |
| Impairments | $0 | $0 | $0 | $24.7M | $0 |
Shares outstanding 243.4M · Free float 90.7%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.