ALTO

In the past six months, Alto Ingredients' stock has been impacted by a return to profitability and strategic initiatives, with the company reporting strong financial results for Q4 2025, Q1 2026, and Q2 2026, all exceeding analyst expectations. For Q4 2025, Alto Ingredients returned to profitability with a gross profit of $15.2 million, net income of $21.5 million ($0.28/share), and Adjusted EBITDA of $27.9 million. In March 2026, the company completed the sale of all its 2025 Section 45Z Clean Fuel Production Tax Credits, generating approximately $8.9 million in cash proceeds. Q1 2026 results showed net sales of $224.7 million, a gross profit of $9.2 million, net income of $4.0 million ($0.05 per diluted share), and Adjusted EBITDA of $4.7 million, reflecting an $8.1 million unrealized derivative gain and contributions from Section 45Z tax credits, with investments in CO2 utilization also highlighted. For Q2 2026, the company posted net sales of $245.7 million, a gross profit of $16.6 million, net income attributable to common stockholders of $11.4 million ($0.15 per diluted share), and Adjusted EBITDA of $23.7 million. The stock has shown significant growth, increasing by 230.51% from September 15, 2025, to September 11, 2026, and a 245.37% increase over the last year as of September 23, 2026.