Gevo (GEVO) Company Report

Gevo focuses on converting renewable biomass into low-carbon fuels and chemicals, including jet fuel, ethanol, and renewable natural gas, supported by its Verity software platform and Gevo Chem R&D.
The company reported $6.7 million of EBITDA last quarter and projects growth to $40 million per year through optimization, with a potential to reach $110 million with modest capital for debottlenecking and carbon utilization.
Gevo plans a large-scale alcohol-to-jet plant in North Dakota, estimated to cost $500 million and generate $150 million of EBITDA, targeting a Final Investment Decision in the second half of 2026 with a conditional U.S. Department of Energy loan commitment.
Current CEO Pat Gruber will retire, and Paul Bloom, the current president director, will succeed him.

3 hours ago

Transcript

Gevo Announces CEO Transition and Outlines Significant EBITDA Growth and Alcohol-to-Jet Project Milestones

GEVO

CEO Change

New Projects/Investments

Guidance Update

Gevo announced a CEO transition, with Paul Bloom succeeding Pat Gruber.
The company aims to grow its current EBITDA to $40 million per year through optimization, potentially reaching $110 million annually with modest capital for debottlenecking and carbon utilization.
Gevo is targeting a Final Investment Decision (FID) in H2 2026 for a $500 million Alcohol-to-Jet (ATJ) plant in North Dakota, projected to generate $150 million of EBITDA and supported by a conditional U.S. Department of Energy loan commitment.
Following FID, the ATJ plant's construction is expected to take 2-3 years.

3 hours ago

Transcript

Gevo Discusses Strategic Initiatives and Leadership Transition

GEVO

CEO Change

New Projects/Investments

Revenue Acceleration/Inflection

Paul Bloom is set to become CEO, succeeding Pat Gruber, bringing extensive experience in bio-based fuels and chemicals.
Gevo reported $6.7 million EBITDA last quarter and aims to grow this to $40 million per year through optimization, with potential to reach $110 million by utilizing existing assets and third-party CO2 with modest self-funded capital.
The company plans to build its first large-scale alcohol-to-jet (ATJ) plant in North Dakota, estimated to cost $500 million and generate $150 million of EBITDA, targeting a Final Investment Decision (FID) in H2 2026.
The Verity software subsidiary, which provides a cloud-based audit trail for low-carbon products, recently partnered with Bushel to integrate on-farm data, positioning it as a potential growth area.

3 hours ago

Transcript

Gevo Announces CEO Transition and Strategic Growth Initiatives

GEVO

CEO Change

Management Change

New Projects/Investments

Pat Gruber is transitioning from CEO to Executive Chairman, with Paul Bloom assuming the CEO role starting in April. Bloom has been with Gevo for five years, previously serving as Chief Carbon Officer and Chief Business Officer.
Gevo anticipates annual revenue to increase from $20 million to $150 million - $200 million and expects adjusted non-GAAP EBITDA to grow from $6.7 million last quarter towards an annualized $20 million, potentially reaching $40 million without new capital. Operating cash flow is projected to become neutral to positive in the next couple of quarters.
The company's strategy focuses on driving profitability at its Gevo, North Dakota plant and executing Project Northstar (ATJ30), an alcohol-to-jet plant with an anticipated $150 million in annual Adjusted EBITDA from a $500 million capital investment.
Gevo is leveraging its Verity platform for carbon monetization and has secured an ETO patent expected to reduce capital and operating costs by up to 35%. The company aims to address the 2.3 billion gallon jet fuel demand in the U.S. by 2035.

Jan 23, 2026, 3:00 PM

Transcript

Gevo Announces CEO Transition and Strategic Outlook

GEVO

CEO Change

Management Change

New Projects/Investments

Patrick Gruber is transitioning from his role as CEO of Gevo, Inc. to become the Executive Chair of the Board, with Paul Bloom taking over as the incoming CEO starting in April.
Gevo anticipates annual revenue of $150 million-$200 million and reported $6.7 million in positive adjusted non-GAAP EBITDA last quarter, with a target of $40 million EBITDA without additional capital and operating cash flow expected to become neutral to positive in the next couple of quarters.
The company is actively pursuing Project Northstar (ATJ30), a 30 million gallon alcohol-to-jet plant, and is working with the Department of Energy to secure financing for this facility.
Debottlenecking efforts at the Gevo, North Dakota plant are underway, with a goal to increase capacity to 75 million gallons.
Gevo holds a patent portfolio of over 400 patents and is developing ethanol-to-olefins (ETO) technology, which is projected to decrease capital costs by up to 35% and operating costs by up to 35%.

Jan 23, 2026, 3:00 PM

Transcript

Gevo Announces CEO Transition and Positive Financial Outlook

GEVO

CEO Change

New Projects/Investments

Revenue Acceleration/Inflection

Gevo announced a management transition, with Paul Bloom (President) becoming the new CEO, succeeding Patrick Gruber, who will transition to Executive Chair.
The company anticipates reaching an annualized EBITDA of $40 million without additional capital and expects annual revenue to increase to $150 million-$200 million from $20 million.
Operating cash flow is projected to become neutral to positive in the next few quarters, signaling a move away from diluted fundraising.
The planned Alcohol-to-Jet 30 (ATJ30) plant is expected to generate $150 million in Adjusted EBITDA annually from an estimated $500 million capital investment.

Jan 23, 2026, 3:00 PM

Transcript

Gevo's North Dakota Plant Issues Over 500,000 Carbon Removal Certificates

GEVO

New Projects/Investments

Product Launch

Gevo's North Dakota plant has issued over 500,000 engineered carbon-dioxide removal certificates (CORCs) since carbon capture and storage activities began in June 2022.
This achievement demonstrates that engineered carbon removal can be both scalable and reliable, with Gevo being the first carbon removal supplier to achieve this level of scale.
The GND plant's carbon capture and storage efforts recently received an "A" rating from BeZero Carbon Ltd..
The carbon dioxide removal credits market has exceeded $11 billion, but only 2.8 percent of those purchases have been delivered, highlighting Gevo's operational delivery.

Jan 21, 2026, 2:00 PM

Press Release

Gevo Awarded Patent for Ethanol-to-Olefins Process

GEVO

New Projects/Investments

Product Launch

Gevo, Inc. was awarded U.S. Patent No. 12,486,207 B2 from the United States Patent and Trademark Office (USPTO) on January 14, 2026, for its Ethanol-to-Olefins (ETO) process.
The patent broadens protections for different catalyst combinations and explicitly protects the use of ETO technology to produce fuels.
Gevo is developing this ETO technology with partners LG Chem, Ltd. for renewable chemical applications and Axens and IFP Energies nouvelles (IFPEN) for fuel applications.
The ETO technology is expected to deliver up to 35% lower capital and operating costs compared to current technologies and converts ethanol into transportation fuels using commercially proven Alcohol-to-Jet (ATJ) technologies.

Jan 14, 2026, 2:00 PM

Press Release

Gevo announces leadership changes and executive compensation updates

GEVO

Management Change

CEO Change

Executive Compensation

Gevo, Inc. announced the appointment of Greg Hanselman as Executive Vice President, Operations and Engineering on January 5, 2026, with plans for him to succeed Chris Ryan as Chief Operating Officer upon Mr. Ryan's retirement in June 2026.
Paul Bloom was promoted to President, effective January 1, 2026, and is anticipated to assume the role of Chief Executive Officer on or about April 1, 2026.
The company updated compensation arrangements for key executives, including Paul Bloom (President, soon-to-be CEO) with a base salary of $550,000 and a target annual bonus of 100% of base salary, and Oluwagbemileke Agiri (Chief Financial Officer) with a base salary of $380,000 and a target annual bonus of 65% of base salary, effective January 1, 2026.

Jan 5, 2026, 2:06 PM

8-K

Gevo North Dakota Facility Receives "A" Rating from BeZero Carbon

GEVO

New Projects/Investments

Revenue Acceleration/Inflection

Gevo's North Dakota (GND) facility, which includes carbon capture and storage, has received an "A" rating from BeZero Carbon Ltd., a preeminent global carbon rating agency.
The GND facility is recognized as the largest producer of technology-based carbon dioxide removal credits (CORCs), issued under the high-integrity Puro.earth standard for thousand-year permanence.
This upgraded rating is anticipated to improve the value of CORCs and simplify the due diligence process for buyers, with the facility's Class VI carbon-storage well having a 1 million tons per year capacity.