Every 10-Q that Alto Ingredients, Inc. (ALTO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ALTO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALTO filings page.
Alto Ingredients reported a strong turnaround for the quarter ended June 30, 2026. Net sales rose to $245.7 million, up 12.5% from $218.4 million a year earlier, as higher average alcohol and essential ingredient prices more than offset modest volume changes. Gross margin improved to 6.8% from a negative 0.9%, driving net income of $11.7 million versus an $11.0 million loss, and net income attributable to common stockholders of $11.4 million, or $0.15 per diluted share.
The company generated $23.7 million of Adjusted EBITDA in the quarter and $28.3 million year‑to‑date, aided by $5.1 million in transferable tax credits, net, and lower interest expense from reduced debt. Pekin Campus was the main earnings driver, while Western production and corporate operations also posted positive gross profit.
Liquidity remained solid with $24.0 million in cash and $110.4 million of working capital at June 30, 2026, plus $41.3 million of unused capacity on Kinergy’s credit line and $65.0 million available for Orion term‑loan capital projects. The Magic Valley, Idaho plant remains cold‑idled due to margin pressure, though it continues to provide terminaling services.
Alto Ingredients reports Q1 2026 results showing a return to profitability. Net sales were $224.7 million, roughly flat year over year, but gross profit improved to $9.2 million from a loss, driven by better crush margins and derivative gains.
The company generated net income of $4.3 million, or $0.05 per diluted share, versus a prior-year loss. Adjusted EBITDA was $4.7 million. Alto also recorded $3.9 million in Section 45Z transferable clean fuel production tax credits and expects about $15 million of net Section 45Z proceeds for 2026.
Cash, cash equivalents and restricted cash were $21.6 million with working capital of $116.9 million, supported by an asset-based revolver and an Orion term loan. The Magic Valley plant remains cold-idled to avoid losses, while the company invests in debottlenecking, CO2 capacity and dock projects to grow higher-value specialty alcohols and CO2 sales.
Alto Ingredients (ALTO) reported stronger Q3 2025 results, posting net income $14,208k (vs. loss $2,441k a year ago) on net sales $240,986k. Gross profit rose to $23,494k with a 9.7% margin (2.4% prior). EPS was $0.19 vs. $(0.04). Adjusted EBITDA reached $21,368k (vs. $12,164k).
Management cites higher renewable fuel export sales, strong liquid CO2 demand following the $7.6M Kodiak Carbonic acquisition, cost reductions including the cold‑idling of Magic Valley, and favorable non‑cash derivative gains as key drivers. Year‑to‑date, net sales were $685,962k with a net loss $8,468k and gross profit $19,750k.
Balance sheet at September 30, 2025: cash $32,516k, long‑term debt $100,598k, equity $222,402k, and total assets $388,474k. The company recorded $0.8M in Q3 impacts tied to a Pekin dock outage. It also states plans to monetize Section 45Z tax credits and indicates potential aggregate value of up to $18M across 2025–2026, alongside expected per‑gallon credits at certain plants.
Alto Ingredients reported weaker GAAP earnings driven by commodity and hedging swings but showed operational improvements and strategic progress. Net sales were $218.4 million for the quarter and the company recorded a net loss of $11.0 million (loss per share $0.15), compared with a $3.1 million loss in the prior-year quarter. Total assets declined to $393.1 million from $401.4 million and cash and cash equivalents were $29.8 million. Long-term debt, net increased to $118.3 million from $92.9 million, while stockholders' equity declined to $207.8 million.
The company completed the acquisition of Kodiak Carbonic for $7.6 million, adding liquid CO2 production and contributing to a Western production gross profit improvement of $5.6 million. Management reported Adjusted EBITDA improved materially versus prior-year periods, attributing gains to cost actions, Western asset performance and marketing/distribution improvements. Non-cash derivative valuation changes and a damaged Pekin loadout dock reduced gross profitability in the quarter.