Alto Ingredients, Inc.
ALTO- Exchange
- Nasdaq
- Industry
- Industrial Organic Chemicals
- SEC CIK
- 0000778164
In the last 90 days, Alto Ingredients, Inc. insiders filed 1 open-market purchase and 0 sales; 132 institutions reported holding it in 13F filings for Q2 2026, worth $204.5M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:32 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 4, 2026 | Mar 5, 2025 | Mar 11, 2024 | Mar 9, 2023 | Mar 10, 2022 |
| Revenue | $917.9M | $965.3M | $1.22B | $1.34B | $1.21B |
| Cost of revenue | $883.0M | $955.5M | $1.21B | $1.36B | $1.14B |
| Gross profit | $34.9M | $9.72M | $15.7M | -$27.6M | $67.8M |
| Selling, general and administrative | $27.2M | $29.7M | $32.7M | $31.6M | $29.2M |
| Operating income | $7.36M | -$51.7M | -$23.8M | -$61.4M | $40.1M |
| Interest expense | – | – | $7.42M | – | $3.59M |
| Income tax | -$621.0K | $173.0K | $97.0K | $1.93M | $1.47M |
| Net income | $13.3M | -$59.0M | -$28.0M | -$41.6M | $46.1M |
| EPS, basic | $0.16 | $-0.82 | $-0.40 | $-0.60 | $0.62 |
| EPS, diluted | $0.16 | $-0.82 | $-0.40 | $-0.60 | $0.61 |
| Weighted shares, basic | 74.5M | 73.5M | 73.3M | 71.9K | 71.1M |
| Weighted shares, diluted | 75.7M | 73.5M | 73.3M | 71.9K | 72.2M |
| Margins and growth | |||||
| Gross margin | 3.8% | 1.0% | 1.3% | -2.1% | 5.6% |
| Operating margin | 0.8% | -5.4% | -2.0% | -4.6% | 3.3% |
| Net margin | 1.5% | -6.1% | -2.3% | -3.1% | 3.8% |
| Revenue growth, year over year | −4.9% | −21.1% | −8.4% | +10.6% | +34.7% |
| Net income growth, year over year | – | – | – | −190.3% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 4, 2026 | Mar 5, 2025 | Mar 11, 2024 | Mar 9, 2023 | Mar 10, 2022 |
| Cash and equivalents | $23.4M | $35.5M | $30.0M | $36.5M | $50.6M |
| Accounts receivable | $55.1M | $58.2M | $58.7M | $68.7M | $86.9M |
| Inventory | $61.7M | $49.9M | $52.6M | $66.6M | $54.4M |
| Total current assets | $155.9M | $153.1M | $168.8M | $199.1M | $229.5M |
| Property, plant and equipment | $198.5M | $214.7M | $248.7M | $239.1M | $222.6M |
| Goodwill | – | – | – | $5.97M | – |
| Intangible assets | $7.57M | $4.51M | $8.50M | $9.09M | – |
| Total assets | $388.8M | $401.4M | $454.2M | $478.3M | $485.0M |
| Accounts payable | $14.5M | $20.4M | $20.8M | – | – |
| Short-term debt | $16.6M | – | – | – | – |
| Total current liabilities | $59.1M | $57.8M | $65.3M | $78.0M | $69.6M |
| Long-term debt | $63.0M | $92.9M | $82.1M | $68.4M | $50.4M |
| Total liabilities | $143.5M | $176.4M | $174.7M | $170.2M | $139.7M |
| Shareholders' equity | $245.2M | $225.1M | $279.6M | $308.1M | $345.2M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 4, 2026 | Mar 5, 2025 | Mar 11, 2024 | Mar 9, 2023 | Mar 10, 2022 |
| Operating cash flow | $13.2M | -$3.52M | $22.0M | $6.05M | $26.8M |
| Capital expenditures | $4.60M | $11.1M | $29.5M | $37.7M | $16.4M |
| Free cash flow | $8.65M | -$14.6M | -$7.51M | -$31.7M | $10.4M |
| Depreciation and amortization | $25.2M | $24.4M | $23.1M | – | – |
| Stock-based compensation | $3.02M | $4.36M | $3.90M | $3.33M | $2.88M |
| Share buybacks | – | – | $3.67M | $1.32M | – |
| Investing cash flow | -$7.43M | -$13.5M | -$33.0M | -$37.7M | $27.1M |
| Financing cash flow | -$16.4M | $7.72M | $6.96M | $19.0M | -$40.0M |
| Net change in cash | – | – | – | -$12.6M | $13.9M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.3% | 0.5% | 0.3% | 0.2% | 0.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 5, 2026 | 77.6M | +0.3% | SEC |
| Aug 6, 2026 | 77.6M | +0.2% | SEC |
| May 7, 2026 | 77.5M | +0.4% | SEC |
| Mar 12, 2026 | 77.3M | +0.9% | SEC |
| Nov 6, 2025 | 77.3M | +0.9% | SEC |
| Aug 7, 2025 | 77.4M | +1.2% | SEC |
| May 8, 2025 | 77.2M | +0.8% | SEC |
| Mar 12, 2025 | 76.6M | +1.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.