Alto Ingredients, Inc.
ALTO
Alto Ingredients, a U.S. producer and distributor of specialty alcohols, renewable fuels, and essential ingredients, reported a revenue decline to $917.9 million in 2025 but achieved positive operating income of $7.4 million and net income of $13.3 million, reversing losses from previous years [F1]. The Magic Valley facility remained idled throughout 2025 due to unfavorable market conditions [S17]. The company leverages its Midwest production capabilities and certifications to serve diverse markets while managing risks related to commodity inputs and regulatory developments [S1], [S9]. Operating cash flow rebounded to $13.2 million with capital expenditures reduced to $4.6 million, supporting positive free cash flow and modest buybacks [F1]. Growth prospects focus on specialty alcohols expansion, essential ingredients markets, and regulatory support for renewable fuels [N2], [S18].
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Alto Ingredients, Inc. (ALTO)

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