March 9, 2026. Aemetis, Inc., a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, announced its financial results for the fourth quarter and year ending December 31, 2025.
“Revenues for the full year of 2025 were $197.6 million plus production tax credit income of $10.4 million for total income of $208.0 million,” said Todd Waltz, Chief Financial Officer of Aemetis. “Capital expenditures for carbon intensity reduction and the expansion of biogas production capacity were $26 million for 2025 as our engineering and construction teams moved forward with low carbon initiatives and the dairy RNG project buildout,” added Waltz.
“In addition to achieving important operational milestones during 2025 in all of the business segments, the dairy RNG segment generated net income of $12.2 million for the fourth quarter of 2025 while we continued building the infrastructure that supports long-term growth across our renewable energy platform,” said Eric McAfee, Chairman and CEO of Aemetis. “With RNG production scaling, ethanol plant efficiency improvements underway, and federal clean fuel incentives beginning to be monetized, we believe Aemetis is positioned for meaningful growth in revenue and cash flow as we move through 2026. We are pleased to see policy support from the White House and Congress in the One Big Beautiful Bill that is now being implemented as well as the exciting California legislative approval of year-round E15 in October 2025 which allows the ethanol market to grow by 50% in the state to offset rising gasoline prices.”
Aemetis achieved key milestones during 2025, reflecting its commitment to innovation, sustainability, and growth in the renewable energy sector.
The Aemetis Dairy RNG platform continued to scale during 2025, reaching 12 operating digesters that produced approximately 405,000 MMBtu of renewable natural gas during the year.