Stocks · Materials · Industrial Organic Chemicals

Gevo, Inc.

GEVO Clue Score57
United States Fiscal year ends December CIK 0001392380
$1.32 -2.22% Close, 9 Oct 2026
Price $1.32 −80.09% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue27.2Operating income−24.0Net income−37.2Fiscal year 2017Revenue27.5 +1.2%Operating income−23.3Net income−24.6Fiscal year 2018Revenue32.9 +19.3%Operating income−22.2Net income−28.0Fiscal year 2019Revenue24.5 −25.5%Operating income−26.4Net income−28.7Fiscal year 2020Revenue5.5 −77.4%Operating income−27.0Net income−40.2Fiscal year 2021Revenue0.5 −90.4%Operating income−60.3Net income−59.2EPS, diluted−0.30Fiscal year 2022Revenue1.2 +120.5%Operating income−102.7Net income−98.0EPS, diluted−0.44Fiscal year 2023Revenue17.2 +1,363.8%Operating income−81.8Net income−66.2EPS, diluted−0.28Fiscal year 2024Revenue16.9 −1.7%Operating income−90.8Net income−78.6EPS, diluted−0.34Fiscal year 2025Revenue160.6 +849.3%Operating income−20.2Net income−33.8EPS, diluted−0.14
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 27.2 27.5 32.9 24.5 5.5 0.5 1.2 17.2 16.9 160.6
Growth +1.2% +19.3% −25.5% −77.4% −90.4% +120.5% +1,363.8% −1.7% +849.3%
Operating income −24.0 −23.3 −22.2 −26.4 −27.0 −60.3 −102.7 −81.8 −90.8 −20.2
Net income −37.2 −24.6 −28.0 −28.7 −40.2 −59.2 −98.0 −66.2 −78.6 −33.8
Growth
EPS, diluted n/a n/a n/a n/a n/a −0.30 −0.44 −0.28 −0.34 −0.14
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin−36.0%Operating margin−88.1%Net margin−136.8%Free cash flow margin−97.2%Fiscal year 2017Gross margin−38.6%Operating margin−84.6%Net margin−89.4%Free cash flow margin−81.8%Fiscal year 2018Gross margin−26.5%Operating margin−67.6%Net margin−85.1%Free cash flow margin−55.0%Fiscal year 2019Gross margin−50.0%Operating margin−107.6%Net margin−117.0%Free cash flow margin−111.6%Fiscal year 2020Gross margin−171.0%Operating margin−487.0%Net margin−725.9%Free cash flow margin−461.6%Fiscal year 2021Gross margin−2,149.0%Operating margin−11,307.3%Net margin−11,107.5%Free cash flow margin−19,707.5%Fiscal year 2022Operating margin−8,739.2%Net margin−8,341.0%Free cash flow margin−10,926.6%Fiscal year 2023Operating margin−475.8%Net margin−385.0%Free cash flow margin−628.9%Fiscal year 2024Operating margin−536.9%Net margin−464.9%Free cash flow margin−641.3%Fiscal year 2025Operating margin−12.6%Net margin−21.1%Free cash flow margin−27.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −36.0% −38.6% −26.5% −50.0% −171.0% −2,149.0% n/a n/a n/a n/a
Operating margin −88.1% −84.6% −67.6% −107.6% −487.0% −11,307.3% −8,739.2% −475.8% −536.9% −12.6%
Net margin −136.8% −89.4% −85.1% −117.0% −725.9% −11,107.5% −8,341.0% −385.0% −464.9% −21.1%
Free cash flow margin −97.2% −81.8% −55.0% −111.6% −461.6% −19,707.5% −10,926.6% −628.9% −641.3% −27.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−20.5Capital expenditure−5.9Free cash flow−26.5Fiscal year 2017Operating cash flow−20.6Capital expenditure−1.9Free cash flow−22.5Fiscal year 2018Operating cash flow−15.9Capital expenditure−2.2Free cash flow−18.1Fiscal year 2019Operating cash flow−20.8Capital expenditure−6.5Free cash flow−27.3Fiscal year 2020Operating cash flow−19.3Capital expenditure−6.2Free cash flow−25.6Fiscal year 2021Operating cash flow−48.3Capital expenditure−56.8Free cash flow−105.0Fiscal year 2022Operating cash flow−44.3Capital expenditure−84.1Free cash flow−128.4Fiscal year 2023Operating cash flow−53.7Capital expenditure−54.5Free cash flow−108.2Fiscal year 2024Operating cash flow−57.4Capital expenditure−51.1Free cash flow−108.5Buybacks−4.7Fiscal year 2025Operating cash flow−13.4Capital expenditure−30.1Free cash flow−43.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −20.5 −20.6 −15.9 −20.8 −19.3 −48.3 −44.3 −53.7 −57.4 −13.4
Capital expenditure −5.9 −1.9 −2.2 −6.5 −6.2 −56.8 −84.1 −54.5 −51.1 −30.1
Free cash flow −26.5 −22.5 −18.1 −27.3 −25.6 −105.0 −128.4 −108.2 −108.5 −43.5
Growth
Buybacks n/a n/a n/a n/a n/a n/a n/a n/a −4.7 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash27.9Total debt35.7Net cash (debt)−7.8Shareholders’ equity69.3Debt to equity0.52Fiscal year 2017Cash11.6Shareholders’ equity63.5Fiscal year 2018Cash33.7Shareholders’ equity88.8Fiscal year 2019Cash16.3Total debt0.7Net cash (debt)15.6Shareholders’ equity72.5Debt to equity0.01Fiscal year 2020Cash78.3Total debt1.3Net cash (debt)77.1Shareholders’ equity146.4Debt to equity0.01Fiscal year 2021Cash40.8Total debt67.0Net cash (debt)−26.1Shareholders’ equity547.3Debt to equity0.12Fiscal year 2022Cash237.1Total debt67.5Net cash (debt)169.6Shareholders’ equity605.5Debt to equity0.11Fiscal year 2023Cash298.3Total debt68.1Net cash (debt)230.2Shareholders’ equity557.4Debt to equity0.12Fiscal year 2024Cash189.4Total debt67.1Net cash (debt)122.3Shareholders’ equity489.5Debt to equity0.14Fiscal year 2025Cash81.2Total debt164.8Net cash (debt)−83.6Shareholders’ equity466.3Debt to equity0.35
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 27.9 11.6 33.7 16.3 78.3 40.8 237.1 298.3 189.4 81.2
Total debt 35.7 n/a n/a 0.7 1.3 67.0 67.5 68.1 67.1 164.8
Net cash (debt) −7.8 n/a n/a 15.6 77.1 −26.1 169.6 230.2 122.3 −83.6
Shareholders’ equity 69.3 63.5 88.8 72.5 146.4 547.3 605.5 557.4 489.5 466.3
Debt to equity 0.52 n/a n/a 0.01 0.01 0.12 0.11 0.12 0.14 0.35

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
27.2 27.5 32.9 24.5 5.5 0.5 1.2 17.2 16.9 160.6
Growth +1.2% +19.3% −25.5% −77.4% −90.4% +120.5% +1,363.8% −1.7% +849.3%
37.0 38.2 41.6 36.7 15.0 n/a n/a n/a n/a n/a
−9.8 −10.6 −8.7 −12.2 −9.5 −11.5 n/a n/a n/a n/a
Growth
5.2 5.2 5.4 3.9 3.5 6.8 7.4 6.6 5.6 4.6
9.0 7.5 8.1 9.8 11.2 25.5 39.9 42.6 45.8 51.2
−24.0 −23.3 −22.2 −26.4 −27.0 −60.3 −102.7 −81.8 −90.8 −20.2
Growth
n/a n/a 0.0 0.0 0.0 n/a n/a n/a n/a n/a
−37.2 −24.6 −28.0 −28.7 −40.2 −59.2 −98.0 −66.2 −78.6 −33.8
Growth
Per share
n/a n/a n/a n/a n/a −0.30 −0.44 −0.28 −0.34 −0.14
n/a n/a n/a n/a n/a −0.30 −0.44 −0.28 −0.34 −0.14
Growth
n/a n/a n/a n/a n/a 195.8 221.5 238.7 231.7 234.0
n/a n/a n/a n/a n/a 195.8 221.5 238.7 231.7 234.0
Growth +13.1% +7.7% −2.9% +1.0%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 96.1% a year over five years.
  • Operating margin is up 474.4 points on five years ago, at -12.6%.
  • A net loss in 10 of 10 years on file.