Gevo (NASDAQ:GEVO) beats expectations in strong Q3 2026, stock jumps 17.2%

Gevo, Inc. (GEVO) reported record Q3 results with $83M revenue, $23M net income, and $48M gross profit, driven by carbon credit sales. The company raised its adjusted EBITDA outlook for 2026 and 2027. Shares surged 36.7% to $1.90 on Wednesday.

Gevo (NASDAQ:GEVO) shares surged 35.7% after reporting Q3 2026 results with revenue up 94.2% YoY to $82.95M, beating estimates. GAAP profit was $0.09 per share. The company cited strong earnings power and growth plans in sustainable aviation fuel and technology licensing. Shares are volatile, down 7.7% YTD, and 31.5% below 52-week high.

Gevo (GEVO) shares rose 30.9% to $1.82 after reporting Q3 2026 revenue of $83M, up 94% YoY, and adjusted EPS of $0.12, beating estimates. The company also raised its 2026 adjusted EBITDA forecast to $90M from $60M, driven by its carbon business.

Gevo, Inc. (GEVO) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Gevo Reports Record Third Quarter 2026 Financial Results Gevo Carbon Business Drives Net Income of $23 million and Adjusted EBITDA 1 of $44 million for Third Quarter ENGLEWOOD, Colo. – November 10, 2026 – Gevo, Inc. (NASDAQ: GEVO) today announced its financial result

Gevo (GEVO) reported Q3 Non-GAAP EPS of $0.12, beating estimates by $0.07, with revenue of $82.95M, up 94.2% Y/Y and exceeding expectations by $28.45M. The company raised its full-year 2026 and 2027 non-GAAP Adjusted EBITDA outlook, now expecting it to exceed $90M and $70M, respectively. Shares rose 15%.

Gevo (GEVO) shares rose 5.8% after completing a sale of 10,000 carbon removal credits, aiming for $30M annual revenue from its carbon business. The stock later cooled to $1.37, up 5%. Gevo's shares are highly volatile, down 33.7% YTD and 50.8% from its 52-week high.