Education
About Us
Working with TipRanks
Follow Us
Alto Ingredients (ALTO)
NASDAQ:ALTO
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.16Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights a pronounced turnaround: substantial swings to positive net income and adjusted EBITDA, improved margins (crush and product returns), successful CO2 diversification and progress on 45Z credits, plus active debt reduction and a disciplined capital plan for 2026. Lowlights include lower volumes from idling a plant, derivative losses and one-time operational disruptions, incomplete 45Z eligibility for some assets, and seasonal/weather risks. Overall, the positive operational and financial progress materially outweighs the remaining challenges.Company Guidance
Material Improvement in Profitability
Net income (attributable to common stockholders) of $21.5M in Q4 2025, a $63.5M improvement versus Q4 2024; full-year 2025 net income of $12.1M compared to a $60.3M loss in 2024 (swing ≈ $72.4M).
Large Increase in Adjusted EBITDA
Adjusted EBITDA of $27.9M in Q4 2025 (vs. negative $7.7M in Q4 2024) and $44.7M for full-year 2025 (vs. negative $8.5M in 2024), representing positive swings of $35.6M and $53.2M, respectively.
Stronger Margins and Gross Profit Recovery
Q4 gross profit of $15.2M vs. a $1.4M gross loss a year ago (improvement of $16.6M); crush margin improved to $0.23/gal from $0.08/gal (+187.5%), contributing roughly $8M to the quarter.
Price Per Gallon and Export Mix Benefits
Average sales price rose to $2.10/gal from $1.88/gal (≈+11.7%), and increased renewable fuel export sales contributed about $5M in Q4 due to higher volumes and premiums.
45Z Tax Credit Progress and Expected Benefit
Qualified ~90M gallons combined annual production at Columbia and Pekin for 45Z credits; recognized $7.5M net proceeds for 2025 (≈$0.10/gal) and expect ~$0.20/gal (~$15M net) in 2026 with further upside from additional carbon-score reductions.
CO2 Diversification and Western Asset Improvement
Acquired Alto Carbonic in early 2025; contributed $1.4M to the Western Production segment in Q4 and materially improved Western Essential Ingredients return to 48% (from 30% a year ago, +18 percentage points). Consolidated return rose to 52% from 43% (+9 pts).
Stronger Cash Generation and Debt Reduction
Generated $10M cash from operations in Q4, ended year with $23M cash, paid down $16M on operating line and $5M on term debt during Q4; term loan outstanding $55M at year-end and planned further paydowns to reduce principal to ~$39M by end of Q1 2026.
Clear 2026 Capital and Operational Plan
2026 CapEx budget ≈ $25M (45% maintenance, 55% optimization), planned 8% capacity increase (~5M gallons) at Pekin Dry Mill, dock repairs and second alcohol loadout to be completed by end-2026 to improve throughput/redundancy.
ALTO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ALTO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | $2.60 | ― | ― |
Nov 05, 2025 | $1.16 | $1.42 | +22.41% |
Aug 06, 2025 | $1.04 | $1.00 | -3.85% |
May 07, 2025 | $0.86 | $0.85 | -1.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Alto Ingredients (ALTO) report earnings?
Alto Ingredients (ALTO) is schdueled to report earning on May 11, 2026, After Close (Confirmed).
What is Alto Ingredients (ALTO) earnings time?
Alto Ingredients (ALTO) earnings time is at May 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALTO EPS forecast?
ALTO EPS forecast for the fiscal quarter 2026 (Q1) is -0.05.