# Gevo Inc. (GEVO)

**Exchange:** NASDAQ  
**Sector:** Basic Materials  
**Market cap:** $349M  
**Price:** $1.49 (-0.67%)

> Gevo Inc. is a renewable chemicals and next-generation biofuels company that develops, manufactures, and markets sustainable, low-carbon fuels and chemical products. It focuses on commercializing advanced renewable alternatives to petroleum-based products, including sustainable aviation fuel, renewable premium gasoline, renewable natural gas, diesel fuel, and chemicals for plastics and materials. Gevo operates through segments such as Gevo, GevoFuels, and GevoRNG, involving research and development of proprietary biocatalysts and isobutanol technology, production of drop-in fuels compatible with existing infrastructure, and operation of facilities that capture methane from dairy manure to produce pipeline-quality renewable natural gas. The company leverages low-carbon renewable carbohydrates, electricity, and natural gas as inputs to create energy-dense hydrocarbons that perform as well as or better than fossil-based equivalents, while supporting carbon abatement and rural economies through regenerative agriculture and circular economy principles. Founded in 2005 and headquartered in Englewood, Colorado, Gevo plays a key role in the transition to low-carbon transportation fuels and sustainable chemicals.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $161M | — | -$20M | -$34M | $-0.14 |
| 2024 | $17M | — | -$91M | -$79M | $-0.34 |
| 2023 | $17M | — | -$82M | -$66M | $-0.28 |
| 2022 | $1M | — | -$103M | -$98M | $-0.44 |
| 2021 | $533,000 | -$11M | -$60M | -$59M | $-0.30 |
| 2020 | $6M | -$9M | -$27M | -$40M | — |
| 2019 | $24M | -$12M | -$26M | -$29M | — |
| 2018 | $33M | -$9M | -$22M | -$28M | — |
| 2017 | $28M | -$11M | -$23M | -$25M | — |
| 2016 | $27M | -$10M | -$24M | -$37M | — |
| 2015 | $30M | -$9M | -$32M | -$36M | — |
| 2014 | $28M | -$7M | -$40M | -$41M | — |
| 2013 | $8M | -$10M | -$56M | -$67M | — |
| 2012 | $24M | -$8M | -$71M | -$61M | — |
| 2011 | $65M | $4M | -$45M | -$48M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $719M | $248M | $466M | $81M | $165M |
| 2024 | $584M | $94M | $489M | $189M | $67M |
| 2023 | $650M | $93M | $557M | $298M | $68M |
| 2022 | $701M | $95M | $605M | $237M | $68M |
| 2021 | $645M | $98M | $547M | $41M | $67M |
| 2020 | $152M | $6M | $146M | $78M | $1M |
| 2019 | $93M | $21M | $73M | $16M | $749,000 |
| 2018 | $107M | $18M | $89M | $34M | — |
| 2017 | $89M | $25M | $64M | $12M | — |
| 2016 | $112M | $43M | $69M | $28M | $36M |
| 2015 | $103M | $55M | $48M | $17M | $49M |
| 2014 | $99M | $52M | $47M | $6M | $54M |
| 2013 | $116M | $45M | $71M | $25M | $38M |
| 2012 | $156M | $58M | $98M | $67M | $24M |
| 2011 | $133M | $41M | $92M | $94M | $31M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$13M | $30M | -$44M |
| 2024 | -$57M | $51M | -$108M |
| 2023 | -$54M | $54M | -$108M |
| 2022 | -$44M | $84M | -$128M |
| 2021 | -$48M | $57M | -$105M |
| 2020 | -$19M | $6M | -$26M |
| 2019 | -$21M | $6M | -$27M |
| 2018 | -$16M | $2M | -$18M |
| 2017 | -$21M | $2M | -$23M |
| 2016 | -$21M | $6M | -$26M |
| 2013 | -$47M | $10M | -$57M |
| 2012 | -$68M | $52M | -$120M |
| 2011 | -$34M | $8M | -$42M |
| 2010 | -$21M | $806,000 | -$22M |
| 2009 | -$16M | $3M | -$19M |

Source: [CompaniesByCap](https://companiesbycap.com/company/GEVO)