Green Plains Renewable Energy (GPRE) financial statements
Green Plains Renewable Energy reported revenue of $2.1B in fiscal 2025, down 5.3% a year over 9 years.
Net income was -$121M and the operating margin -3.2%, against 2.7% in 2016.
Free cash flow was $74M, and the company returned $721,000 in dividends and $30M in net buybacks.
The diluted share count rose 75% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Green Plains Renewable Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4B | $3.3B | $3.0B | $2.4B | $1.9B | $2.8B | $3.7B | $3.3B | $2.5B | $2.1B |
| Cost of revenue | — | $3.0B | $2.8B | $2.4B | $1.8B | $2.6B | $3.6B | $3.1B | $2.3B | $2.0B |
| Gross profit | — | $268M | $177M | $32M | $112M | $202M | $113M | $165M | $130M | $137M |
| Selling, general and admin | $105M | $108M | $108M | $77M | $85M | $91M | $119M | $133M | $118M | $123M |
| Operating income | $92M | $24M | $90M | -$143M | -$123M | $26M | -$99M | -$62M | -$47M | -$67M |
| Interest expense | $52M | $84M | $87M | $40M | $40M | $67M | $33M | $38M | $33M | $77M |
| Pre-tax income | $38M | -$43M | $20M | -$173M | -$161M | -$43M | -$99M | -$82M | -$71M | -$144M |
| Income tax | $8M | -$132M | -$20M | -$21M | -$50M | $2M | $5M | -$6M | $6M | -$52M |
| Net income | $11M | $61M | $16M | -$167M | -$109M | -$66M | -$127M | -$93M | -$82M | -$121M |
| EPS (diluted) | $0.28 | $1.47 | $0.39 | -$4.38 | -$3.14 | -$1.41 | -$2.29 | -$1.59 | -$1.29 | -$1.80 |
| Diluted shares | 39M | 50M | 41M | 38M | 35M | 47M | 56M | 59M | 64M | 67M |
| Gross margin | — | 8.2% | 5.9% | 1.3% | 5.8% | 7.1% | 3.1% | 5.0% | 5.3% | 6.5% |
| Operating margin | 2.7% | 0.7% | 3.0% | -5.9% | -6.4% | 0.9% | -2.7% | -1.9% | -1.9% | -3.2% |
| Net margin | 0.3% | 1.9% | 0.5% | -6.9% | -5.7% | -2.3% | -3.5% | -2.8% | -3.4% | -5.8% |
Balance sheet
Fiscal years, from Green Plains Renewable Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $304M | $267M | $252M | $246M | $234M | $551M | $445M | $350M | $173M | $182M |
| Receivables | $147M | $151M | $89M | $107M | $56M | $120M | $109M | $94M | $95M | $74M |
| Total current assets | $1.0B | $1.2B | $1.2B | $668M | $642M | $1.1B | $929M | $733M | $569M | $523M |
| Property, plant and equipment | $1.2B | $1.2B | $815M | $827M | $802M | $894M | $1.0B | $1.0B | $1.0B | $957M |
| Goodwill | $184M | $183M | $35M | $35M | $11M | $29M | $29M | — | — | — |
| Total assets | $2.5B | $2.8B | $2.2B | $1.7B | $1.6B | $2.2B | $2.1B | $1.9B | $1.8B | $1.6B |
| Total current liabilities | $595M | $886M | $834M | $542M | $453M | $472M | $487M | $385M | $386M | $269M |
| Long-term debt | $783M | $767M | $298M | $244M | $287M | $514M | $495M | $492M | $432M | $362M |
| Total liabilities | $1.5B | $1.7B | $1.2B | $833M | $802M | $1.1B | $1.1B | $949M | $908M | $813M |
| Shareholders' equity | $863M | $942M | $947M | $752M | $647M | $950M | $910M | $844M | $865M | $766M |
| Net debt | $513M | $569M | $101M | $131M | $151M | $123M | $52M | $144M | $262M | $184M |
Cash flow
Fiscal years, from Green Plains Renewable Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $101M | -$182M | $39M | -$10M | $99M | $4M | $70M | $56M | -$30M | $111M |
| Capital spending | $58M | $45M | $41M | $75M | $111M | $187M | $212M | $108M | $95M | $37M |
| Free cash flow | $43M | -$227M | -$2M | -$85M | -$12M | -$183M | -$143M | -$52M | -$125M | $74M |
| Stock-based compensation | $9M | $12M | $11M | $10M | $8M | $6M | $9M | $13M | $8M | $17M |
| Dividends paid | $37M | $39M | $41M | $32M | $10M | $9M | $23M | $23M | $5M | $721,000 |
| Share buybacks (net) | -$6M | -$7M | -$3M | -$62M | -$11M | $0 | $0 | $0 | $0 | -$30M |
| Net borrowing | $417M | $60M | -$493M | $158M | $33M | $368M | $45M | $0 | $0 | $30M |
| Free cash flow margin | 1.2% | -6.9% | -0.1% | -3.5% | -0.6% | -6.5% | -3.9% | -1.6% | -5.1% | 3.5% |
| Dividends per share | $0.97 | $0.78 | $1.00 | $0.83 | $0.28 | $0.20 | $0.41 | $0.39 | $0.08 | $0.01 |
Questions
What was Green Plains Renewable Energy's revenue in 2025?
$2.1B in fiscal 2025, from its 10-K filing.
How much free cash flow does Green Plains Renewable Energy generate?
$74M in fiscal 2025 (operating cash flow minus capital spending).
From Green Plains Renewable Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.