Alto Ingredients IncFourth consecutive profitable quarter with strong earnings and improved margins.

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.
Alto Ingredients IncFourth consecutive profitable quarter with strong earnings and improved margins.