Alto Ingredients Reports Fourth Consecutive Profitable Quarter

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Alto Ingredients reported its fourth consecutive quarter of positive gross profit, income from operations, net income, and adjusted EBITDA in the second quarter of 2026. Consolidated net sales rose to $246 million, up $27 million from a year earlier, with gross profit increasing by $19 million to $17 million. Adjusted EBITDA improved by $23.9 million to $23.7 million, and net income attributable to common stockholders was $11.4 million, or $0.15 per share, compared to a net loss of $11.3 million a year ago. The company sold 88.5 million gallons of ethanol and specialty alcohols at an average price of $2.15 per gallon, up 10% year over year, while crush margins improved to $0.33 per gallon from $0.11 per gallon. Alto also recognized $5.1 million in 45Z tax credit earnings during the quarter and expects to generate a minimum of $15 million in income from tax credits for the full year.

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Alto Ingredients Inc
ALTO
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Fourth consecutive profitable quarter with strong earnings and improved margins.