Curated News
By: NewsRamp Editorial Staff
May 11, 2026
Aemetis Q1 2026 Revenue Up 27% as RNG Production Surges
TLDR
- Aemetis revenue grew 27% to $54.6M, gross profit turned positive, and RNG sales surged 55%.
- Aemetis recognized $4.0M in Section 45Z tax credits tied to quarterly production of ethanol and RNG.
- Aemetis converts dairy waste into renewable natural gas, reducing emissions and supporting sustainable farming.
- Aemetis' dairy RNG pathways average a negative 380 carbon intensity score, far below the default negative 150.
Impact - Why it Matters
This news matters because Aemetis' strong quarterly results signal growing viability of renewable natural gas and biofuels as profitable, scalable alternatives to fossil fuels. The company's success in generating Section 45Z tax credits and securing LCFS pathways with extremely low carbon intensity scores demonstrates that policy incentives can effectively drive emissions reductions. For investors, the improved gross profit and narrowing losses suggest Aemetis is on a path to financial sustainability. For the broader energy transition, the expansion of dairy digesters, MVR technology, and on-site RNG fueling infrastructure offers a replicable model for decarbonizing agriculture and heavy transport, directly impacting efforts to combat climate change.
Summary
Aemetis, Inc. (NASDAQ: AMTX) reported a strong first quarter for 2026, with revenues soaring 27% year-over-year to $54.6 million, driven by growth across its California Ethanol, Dairy RNG, and India Biodiesel segments. The company achieved a gross profit of $2.8 million, a significant turnaround from a gross loss of $5.1 million in Q1 2025, thanks to operational scale and the recognition of $4.0 million in Section 45Z Production Tax Credits—the first quarterly generation of these credits since eligibility was established in Q4 2025. Dairy RNG sales volume increased 55% to 110,000 MMBtu, supported by seven approved LCFS provisional pathways with an average negative 380 CI score, while six more pathways are nearing approval. India Biodiesel rebounded to $10.5 million in revenue with the resumption of OMC tender shipments.
Key operational milestones include the first delivery of dairy biogas pretreatment skids under a $27 million fabrication contract, major equipment for a $40 million Mechanical Vapor Recompression (MVR) system at the Keyes ethanol plant, and equipment for an on-site RNG station to directly fuel trucks and gas delivery trailers, bypassing utility pipelines. CFO Todd Waltz emphasized that the improved profitability reflects both scale and the 45Z credits, while CEO Eric McAfee highlighted the ramp-up of a large centralized dairy digester and the MVR project's potential to displace 80% of fossil natural gas at Keyes using on-site solar and geothermal grid electricity. The company is also pursuing a multi-track financing plan, including an IPO of its India subsidiary, Universal Biofuels Private Limited, to address near-term obligations and fund growth.
As reported by PRISM MediaWire (Press Release Service – Press Release Distribution), Aemetis' adjusted EBITDA improved to negative $1.3 million from negative $10.7 million in the prior year, while net loss narrowed to $21.7 million from $24.5 million. The company expects 45Z credit accruals to normalize on a quarterly cadence, with further improvement pending the updated 45ZCF-GREET model from the Department of Energy. With a focus on reducing carbon intensity and expanding RNG production, Aemetis is positioning itself as a leader in the renewable fuels sector.
Source Statement
This curated news summary relied on content disributed by PRISM Mediawire. Read the original source here, Aemetis Q1 2026 Revenue Up 27% as RNG Production Surges
