REX American Resources Q1 Fiscal 2026 EPS $0.56, Revenue $156.5M
REX American Resources Reports Q1 Fiscal 2026 Results
REX American Resources announced fiscal first-quarter 2026 net income of $0.56 per diluted share, with revenue of $156.5 million and gross profit of $29.1 million. This marks the best first quarter on a net income per share basis in company history.
Financial Highlights
Net sales and revenue: $156.5 million for Q1 2026 (vs. $158.3 million in Q1 2025). Gross profit: $29.1 million (vs. $14.3 million in Q1 2025), including $7.5 million production tax credit income.
Net income attributable to REX common shareholders: $18.5 million (vs. $8.7 million in Q1 2025). Diluted EPS of $0.56.
Operational Highlights
Consolidated ethanol sales volumes reached 71.1 million gallons. The One Earth Energy ethanol expansion is nearing completion, with full operational status expected during fiscal 2026. The carbon capture and sequestration project is pending permitting.
Capital expenditures for the One Earth expansion and carbon capture project totaled $176.3 million, with a budget of $220–$230 million.
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