Alto Ingredients, Inc. (ALTO) Financial Statements
Industry: Industrial Organic Chemicals
In fiscal 2025, Alto Ingredients reported revenue of $917.9M, down 4.9% from $965.3M the year before. Net income was $13.3M (a 1.5% net margin), or $0.16 per diluted share. Gross margin was 3.8% and operating margin was 0.8%. Operating activities generated $13.2M of cash, leaving $8.6M of free cash flow. At fiscal year end, Alto Ingredients held $388.8M in total assets against $143.5M in total liabilities, including $23.4M of cash and equivalents.
Open the full interactive Alto Ingredients financials → Quarterly statements, key ratios, valuation history and price charts.
Alto Ingredients Key Stats
| Share Price | $3.77 |
|---|---|
| Market Cap | $290.6M |
| P/E Ratio | 23.6 |
| Revenue YoY Growth | -4.9% |
| 52-Week Range | $1.01 – $5.99 |
| Shares Outstanding | 75.6 million (basic, 2026 Q2) |
Alto Ingredients Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $897.0M | $1.21B | $1.34B | $1.22B | $965.3M | $917.9M |
| Cost of Goods Sold | $844.2M | $1.14B | $1.36B | $1.21B | $955.5M | $883.0M |
| Gross Profit | $52.9M | $67.8M | -$27.6M | $15.7M | $9.7M | $34.9M |
| Operating Income | $9.9M | $40.1M | -$61.4M | -$23.8M | -$51.7M | $7.4M |
| Pre-Tax Income | -$17.3M | $47.6M | -$39.7M | -$27.9M | -$58.8M | $12.7M |
| Income Tax | -$17,000 | $1.5M | $1.9M | $97,000 | $173,000 | -$621,000 |
| Net Income | -$15.1M | $46.1M | -$41.6M | -$28.0M | -$59.0M | $13.3M |
| Diluted EPS | -$0.28 | $0.61 | -$0.60 | -$0.40 | -$0.82 | $0.16 |
Alto Ingredients Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $241.0M | $232.0M | $224.7M | $245.7M |
| Net Income | $14.2M | $21.8M | $4.3M | $11.7M |
| Diluted EPS | $0.19 | $0.29 | $0.05 | $0.15 |
Alto Ingredients Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $47.7M | $50.6M | $36.5M | $30.0M | $35.5M | $23.4M |
| Current Assets | $214.0M | $229.5M | $199.1M | $168.8M | $153.1M | $155.9M |
| Total Assets | $476.8M | $485.0M | $478.3M | $454.2M | $401.4M | $388.8M |
| Current Liabilities | $86.9M | $69.6M | $78.0M | $65.3M | $57.8M | $59.1M |
| Total Long-Term Debt | $97.3M | $50.4M | $78.1M | $90.7M | $99.7M | $79.6M |
| Total Liabilities | $180.6M | $139.7M | $170.2M | $174.7M | $176.4M | $143.5M |
| Shareholders' Equity | $296.2M | $345.2M | $308.1M | $279.6M | $225.1M | $245.2M |
Alto Ingredients Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $71.8M | $26.8M | $6.0M | $22.0M | -$3.5M | $13.2M |
| Cash From Investing | $23.3M | $27.1M | -$37.7M | -$33.0M | -$13.5M | -$7.4M |
| Cash From Financing | -$66.4M | -$40.0M | $19.0M | $7.0M | $7.7M | -$16.4M |
| Free Cash Flow | $65.2M | $10.4M | -$31.7M | -$7.5M | -$14.6M | $8.6M |
Figures from Alto Ingredients' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Alto Ingredients financials page for every line item.
Alto Ingredients Company Profile
| Ticker | ALTO |
|---|---|
| Exchange | Nasdaq |
| Industry | Industrial Organic Chemicals |
| Headquarters | Sacramento, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0000778164 |
Frequently Asked Questions
What was Alto Ingredients' revenue in fiscal 2025?
Alto Ingredients (ALTO) reported revenue of $917.9M for fiscal 2025.
What is Alto Ingredients' annual revenue history?
Alto Ingredients' annual revenue by fiscal year: 2020: $897.0M; 2021: $1.21B; 2022: $1.34B; 2023: $1.22B; 2024: $965.3M; 2025: $917.9M.
What was Alto Ingredients' net income in fiscal 2025?
Alto Ingredients reported net income of $13.3M for fiscal 2025.
What was Alto Ingredients' earnings per share (EPS) in fiscal 2025?
Alto Ingredients' diluted EPS was $0.16 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Alto Ingredients generate in fiscal 2025?
Alto Ingredients generated $8.6M of free cash flow in fiscal 2025.
What was Alto Ingredients' revenue last quarter?
In its most recent reported quarter (2026 Q2), Alto Ingredients reported revenue of $245.7M.
How much debt does Alto Ingredients have?
Alto Ingredients reported $79.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Alto Ingredients are outstanding?
Alto Ingredients reported a weighted average of 75.6 million basic shares outstanding in 2026 Q2.
What is Alto Ingredients' market cap?
Based on its latest closing price, Alto Ingredients (ALTO) has a market capitalization of about $290.6M.
When does Alto Ingredients' fiscal year end?
Alto Ingredients' fiscal year end, as registered with the SEC, is December 31.
Where is Alto Ingredients headquartered?
Alto Ingredients lists its business address in Sacramento, California in its SEC filings.