v3.26.1
Stockholders' Equity
 6 Months Ended
Jun. 30, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity STOCKHOLDERS’ EQUITY
Purchase of FQT Minority Interests
On June 16, 2026, the company issued warrants to BlackRock in a private placement to purchase 500,000 shares of our common stock at an exercise price of $0.01 per share and an exercise period ending on June 16, 2036. These warrants were issued in connection with the company's purchase of BlackRock's minority interest in FQT, are equity-based and recorded in additional paid-in capital. On May 8, 2026, the company entered into an agreement with Ospraie Partners LLC to purchase its minority interest in FQT for $5.2 million. The company retains a majority interest in FQT and continues to consolidate its results within its consolidated financial statements.
Components of stockholders’ equity for the three and six months ended June 30, 2026 and 2025 are as follows (in thousands):
Common StockAdditional
Paid-in
Capital		Retained DeficitAccumulated Other
Comprehensive Income (Loss)		Treasury StockTotal
Green Plains
Stockholders'
Equity		Non-
Controlling
Interests		Total
Stockholders'
Equity
SharesAmountSharesAmount
Balance, December 31, 202575,502 $76 $1,267,839 $(439,576)$(618)5,668 $(61,474)$766,247 $5,724 $771,971 
Net income— — — 32,938 — — — 32,938 527 33,465 
Distributions declared— — — — — — — — (402)(402)
Other comprehensive loss before reclassification— — — — (9,569)— — (9,569)— (9,569)
Amounts reclassified from accumulated other comprehensive loss— — — — (3,920)— — (3,920)— (3,920)
Other comprehensive loss, net of tax— — — — (13,489)— — (13,489)— (13,489)
Stock-based compensation201 — (520)— — — — (520)— (520)
Balance, March 31, 202675,703 76 1,267,319 (406,638)(14,107)5,668 (61,474)785,176 5,849 791,025 
Net income— — — 67,149 — — — 67,149 57 67,206 
Distributions declared— — — — — — — — (1,617)(1,617)
Other comprehensive income (loss) before reclassification— — — — 4,716 — — 4,716 — 4,716 
Amounts reclassified from accumulated other comprehensive income (loss)— — — — 11,397 — — 11,397 — 11,397 
Other comprehensive income, net of tax— — — — 16,113 — — 16,113 — 16,113 
Purchase of FQT minority interest— — (1,525)— — — — (1,525)(3,640)(5,165)
Issuance of warrants for FQT minority interest— — 738 — — — — 738 (738)— 
Stock-based compensation63 — 2,283 — — — — 2,283 — 2,283 
Balance, June 30, 202675,766 $76 $1,268,815 $(339,489)$2,006 5,668 $(61,474)$869,934 $(89)$869,845 
Common StockAdditional
Paid-in
Capital		Retained DeficitAccumulated Other
Comprehensive Loss		Treasury StockTotal
Green Plains
Stockholders'
Equity		Non-
Controlling
Interests		Total
Stockholders'
Equity
SharesAmountSharesAmount
Balance, December 31, 202467,512 $68 $1,213,646 $(318,298)$973 2,805 $(31,174)$865,215 $9,322 $874,537 
Net loss— — — (72,906)— — — (72,906)265 (72,641)
Other comprehensive loss before reclassification— — — — (2,307)— — (2,307)— (2,307)
Amounts reclassified from accumulated other comprehensive loss— — — — 37 — — 37 — 37 
Other comprehensive loss, net of tax— — — — (2,270)— — (2,270)— (2,270)
Investment in subsidiaries— — — — — — — — 94 94 
Stock-based compensation688 — 7,468 — — — — 7,468 — 7,468 
Balance, March 31, 202568,200 68 1,221,114 (391,204)(1,297)2,805 (31,174)797,507 9,681 807,188 
Net loss— — — (72,238)— — — (72,238)11 (72,227)
Other comprehensive loss before reclassification— — — — (8,191)— — (8,191)— (8,191)
Amounts reclassified from accumulated other comprehensive loss— — — — 2,747 — — 2,747 — 2,747 
Other comprehensive loss, net of tax— — — — (5,444)— — (5,444)— (5,444)
Investment in subsidiary— — — — — — — — 94 94 
Proventus disposition— — — — — — — — (4,534)(4,534)
Issuance of warrants— — 5,656 — — — — 5,656 — 5,656 
Modification of warrants— — 7,520 — — — — 7,520 — 7,520 
Stock-based compensation193 — 2,179 — — — — 2,179 — 2,179 
Balance, June 30, 202568,393 $68 $1,236,469 $(463,442)$(6,741)2,805 $(31,174)$735,180 $5,252 $740,432 
Amounts reclassified from accumulated other comprehensive loss are as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,		Statements of
Operations
Classification
2026202520262025
Gains (losses) on cash flow hedges
Commodity derivatives$(17,647)$— $(17,257)$(25)
(1)
Commodity derivatives2,371 (3,674)7,236 (3,698)
(2)
Total losses on cash flow hedges(15,276)(3,674)(10,021)(3,723)
(3)
Income tax expense3,879 927 2,544 939 
(4)
Amounts reclassified from accumulated other comprehensive loss$(11,397)$(2,747)$(7,477)$(2,784)
(1)Revenues
(2)Costs of goods sold
(3)Income (loss) before income taxes and income (loss) from equity method investees
(4)Income tax benefit (expense)