The massive EPS beat and swing to profitability are positive, but the slight revenue decline and lack of guidance keep the picture mixed. Watch for sustainability of Q1 tailwinds (export demand, 45Z credits) and any future margin compression from commodity cycles.
Price Chart
Executive Summary
Alto Ingredients reported Q1 2026 earnings with net income of $4.0M ($0.05 diluted EPS) vs a loss of $12.0M (-$0.16) a year ago, a $16.0M improvement. Revenue slipped 0.8% to $224.7M but beat consensus of $215.7M, while EPS crushed the -$0.03 estimate by 267%. Gross profit swung from a $1.8M loss to a $9.2M profit, fueled by higher crush margins, strong export sales, and $3.9M of Section 45Z tax credits. The company did not provide forward guidance.
Key Financial Metrics
Key Facts
- Q1 2026 net income $4.0M vs Q1 2025 net loss $12.0M
- Diluted EPS $0.05 vs consensus -$0.03, a 267% beat
- Revenue $224.7M vs consensus $215.7M, a 4.2% beat
- Gross profit $9.2M vs gross loss $1.8M in prior year
- Adjusted EBITDA $4.7M vs -$4.4M in prior year
- Cash and equivalents $20.3M, down from $23.4M at year-end 2025
Financial Impact
Profitability improvement of $16.0M year-over-year; revenue slight decline of 0.8%
Risk Factors
- Reliance on Section 45Z tax credits ($3.9M) for Q1 profitability
- Revenue decline of 0.8% YoY signals top-line pressure
- Commodity price volatility (corn, ethanol) could reverse margin gains
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-052830 |
| Document: ea0289395-8k_alto.htm | 0001213900-26-052830 |
| Document: 0001213900-26-052830-index-headers.html | 0001213900-26-052830 |
| Document: 0001213900-26-052830-index.html | 0001213900-26-052830 |
| Document: 0001213900-26-052830.txt | 0001213900-26-052830 |
| 8-K Data (Synthetic) | 0001213900-26-052830 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 22, 2026 4w ago | Institutional Cluster | $3.82 $3.56 | ▲ +6.81% | ▲ +6.25% | $3.61 (+5.50%) |
Jun 23, 2026 17w ago | 8-K | $5.05 $5.08 | ▲ +0.49% | ▼ −1.44% | $3.61 (−28.51%) |
Jun 11, 2026 19w ago | Institutional Cluster | $5.65 $5.67 | ▲ +0.35% | ▼ −1.54% | $3.61 (−36.11%) |
May 26, 2026 21w ago | EFFECT | $5.22 $4.98 | ▼ −4.60% | ▼ −2.65% | $3.61 (−30.84%) |
May 6, 2026 24w ago | 8-K | $4.54 $5.53 | ▲ +21.81% | ▲ +18.67% | $3.61 (−20.48%) |
Apr 30, 2026 25w ago | DEFA14A | $5.43 $5.71 | ▲ +5.16% | ▼ −0.11% | $3.61 (−33.52%) |
Mar 4, 2026 33w ago | 8-K | $4.02 $4.67 | ▲ +16.17% | ▲ +19.96% | $3.61 (−10.20%) |
Mar 4, 2026 33w ago | Press Release | $4.02 $4.67 | ▲ +16.17% | ▲ +19.96% | $3.61 (−10.20%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers