Aemetis, Inc. (AMTX) Earnings Call Transcripts

Aemetis, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Aemetis, Inc. (AMTX:US) reported a significant revenue increase of 27% year-over-year, reaching $54.6 million, driven by growth across all operating segments. The company also improved its gross profit to $2.8 million from a loss of $5.1 million in the prior year. Notably, management highlighted a positive shift in operational metrics, with an operating loss reduced by approximately 60% to $6.3 million, and a net loss of $21.7 million, an improvement from $24.5 million in Q1 2025. Guidance for the remainder of 2026 focuses on scaling production and monetizing renewable fuel credits, with several key projects expected to drive future revenue growth.

Reported metrics

Guidance from management

Management is focused on scaling production and monetizing renewable fuel credits, with key projects expected to drive revenue growth throughout 2026. They are also preparing for the IPO of their India subsidiary, Universal Biofuels Private Limited.

What management said

It's a look-back process, which basically just starts July 1, if you're approved December 30. And then you -- yes, there might be a 1-quarter catch-up. But in essence, it's just a delayed approval for the previous quarter. It's the way the government looks like.

Given the temporary pathway score of negative 150. And then once we go through the process with CARB, which hopefully now that they've moved to a Tier 1 approval process will be significantly shorter than what we've experienced in the last few years, which is this kind of 24 months to 36 months. approval process. It should be more like 9 months, and then we would get the benefit of that higher or lower, however you w...

What analysts pressed on

Analysts expressed concerns regarding the timing of the updated 45Z tax credits and the impact of market conditions on financing for the renewable diesel and SAF projects. There is uncertainty around how quickly these projects can be financed given the current market dynamics.

Main topics on the call

• Revenue Growth Acceleration — Aemetis achieved a 27% increase in revenue to $54.6 million compared to $42.9 million in Q1 2025, with all three operating segments contributing to this growth. Management stated, 'Q1 was a financial inflection point.'
• Improved Profitability Metrics — The company reported a gross profit of $2.8 million, a significant turnaround from a gross loss of $5.1 million in the prior year. This reflects a nearly $8 million improvement year-over-year.
• California LCFS Pathways Expansion — Aemetis received approval for 7 new low-carbon fuel standard pathways, enhancing revenue potential from renewable natural gas. Eric McAfee noted, 'These LCFS pathways approvals substantially expand the LCFS credit genera...
• Dairy RNG Production Growth — The company sold 110,000 MMBtus of Dairy RNG in Q1, marking a 55% increase from the previous year. This growth supports the expansion of their operating dairy network.

Read the full Aemetis, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Aemetis, Inc. earnings call transcripts on record, spanning March 12, 2020 to August 6, 2026. Based on this history, Aemetis, Inc. reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AMTX

Exchange

NasdaqGM

Country

US

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

27

First call

March 12, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly