Green Plains Inc. reported third quarter 2025 net income attributable to the company of $11.9 million, or $0.17 per diluted share, down from $48.2 million, or $0.69 per diluted share, in the same period of 2024. The decrease was primarily driven by $35.7 million in non-recurring interest expense related to the extinguished junior mezzanine notes. Adjusted EBITDA was $52.6 million, compared to $53.3 million in the prior year. Revenues for the quarter were $508.5 million, a decrease from $658.7 million in the third quarter of 2024. Business developments included the completion of the Obion, Tennessee plant sale, with proceeds used to fully repay $130.7 million in junior mezzanine debt, and the startup of carbon capture operations at the York, Nebraska facility, with additional Nebraska-based carbon capture systems ramping up. The company executed a 45Z tax credit monetization agreement and recorded $26.5 million in year-to-date 45Z production tax credit value net of discounts as an income tax benefit.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Plains Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251105237684) on November 05, 2025, and is solely responsible for the information contained therein.
Comments