ALTO on Nasdaq
Alto Ingredients, Inc.
Alto Ingredients, Inc. is an American industrial organic chemicals company based in Sacramento.2
Price unavailable
Last updated Oct 20, 2026.
Overview
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- TickerALTO on Nasdaq2
- IndustryIndustrial Organic Chemicals2
- HeadquartersSacramento, United States2
- Incorporated inDE3
- Business address400 Capitol Mall, Suite 2060, Sacramento, Ca 958143
- Filer categoryAccelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300TI77MKE21DLE342
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 38775382
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Notes to Consolidated Financial Statements included elsewhere in this report for financial information about our business segments.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue96¢$883.0M
- Selling, general and admin3¢$27.2M
- Income tax0¢$621.0K
- Profit1¢$13.3M
Out of $917.9M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending35¢$4.6M
- Kept or used elsewhere65¢$8.6M
Out of $13.2M of cash from operations.5
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.4B6 | $897.0M7 | $1.2B8 | $1.3B9 | $1.2B5 | $965.3M5 | $917.9M5 |
| Cost of revenue | $1.4B6 | $844.2M7 | $1.1B8 | $1.4B9 | $1.2B5 | $955.5M5 | $883.0M5 |
| Gross profit | -$9.9M6 | $52.9M7 | $67.8M8 | -$27.6M9 | $15.7M5 | $9.7M5 | $34.9M5 |
| Selling, general and admin | $35.5M6 | $32.0M7 | $29.2M8 | $28.1M9 | $29.9M5 | $29.7M5 | $27.2M5 |
| Operating income | -$74.7M6 | $9.9M7 | $40.1M8 | -$61.4M9 | -$23.8M5 | -$51.7M5 | $7.4M5 |
| Interest | $20.2M6 | $17.9M6 | $3.6M8 | $1.8M8 | $7.4M8 | ||
| Income before tax | $47.6M8 | -$39.7M9 | -$27.9M5 | -$58.8M5 | $12.7M5 | ||
| Income tax | -$20.0K6 | -$17.0K7 | $1.5M8 | $1.9M9 | $97.0K5 | $173.0K5 | -$621.0K5 |
| Net income | -$88.9M6 | -$15.1M7 | $46.1M8 | -$41.6M9 | -$28.0M5 | -$59.0M5 | $13.3M5 |
| Earnings per share | -$1.906 | -$0.287 | $0.628 | -$0.609 | -$0.405 | -$0.825 | $0.165 |
| Earnings per share (diluted) | -$1.906 | -$0.287 | $0.618 | -$0.609 | -$0.405 | -$0.825 | $0.165 |
| Shares (weighted, basic) | 71.1M shares8 | 71.9M shares9 | 73.3M shares5 | 73.5M shares5 | 74.5M shares5 | ||
| Shares (weighted, diluted) | 72.2M shares8 | 71.9M shares9 | 73.3M shares5 | 73.5M shares5 | 75.7M shares5 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $19.0M12 | $47.7M6 | $50.6M8 | $36.5M9 | $30.0M5 | $35.5M5 | $23.4M5 |
| Receivables | $86.9M7 | $68.7M9 | $58.7M5 | $58.2M5 | $55.1M5 | ||
| Inventory | $54.4M7 | $66.6M8 | $52.6M9 | $49.9M5 | $61.7M5 | ||
| Current assets | $232.1M12 | $214.0M6 | $229.5M7 | $199.1M8 | $168.8M9 | $153.1M5 | $155.9M5 |
| Property, plant and equipment | $222.6M7 | $239.1M8 | $248.7M9 | $214.7M5 | $198.5M5 | ||
| Goodwill | $6.0M8 | ||||||
| Intangible assets | $2.7M7 | $9.1M8 | $8.5M9 | $4.5M5 | $7.6M5 | ||
| Total assets | $612.5M12 | $476.8M6 | $485.0M7 | $478.3M8 | $454.2M9 | $401.4M5 | $388.8M5 |
| Accounts payable | $28.1M8 | $20.8M9 | $20.4M5 | $14.5M5 | |||
| Short-term debt | $16.6M5 | ||||||
| Current liabilities | $160.4M12 | $86.9M6 | $69.6M7 | $78.0M8 | $65.3M9 | $57.8M5 | $59.1M5 |
| Long-term debt | $180.8M12 | $71.8M6 | $50.4M7 | $68.4M8 | $82.1M9 | $92.9M5 | $63.0M5 |
| Total liabilities | $385.4M12 | $180.6M6 | $139.7M7 | $170.2M8 | $174.7M9 | $176.4M5 | $143.5M5 |
| Retained earnings | -$691.8M7 | -$734.6M8 | -$763.9M9 | -$824.2M5 | -$812.1M5 | ||
| Shareholders’ equity | $227.0M6 | $296.2M8 | $345.2M9 | $308.1M5 | $279.6M5 | $225.1M5 | $245.2M5 |
| Shares outstanding | 55.5M shares12 | 72.5M shares6 | 72.8M shares7 | 75.2M shares8 | 75.7M shares9 | 76.6M shares5 | 77.3M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$31.2M6 | $71.7M7 | $26.8M8 | $6.0M9 | $22.0M5 | -$3.5M5 | $13.2M5 |
| Depreciation and amortization | $23.3M8 | $25.1M9 | $23.1M5 | $24.4M5 | $25.2M5 | ||
| Stock-based compensation | $2.9M8 | $3.3M9 | $3.9M5 | $4.4M5 | $3.0M5 | ||
| Capital spending | $3.3M6 | $6.6M7 | $16.4M8 | $37.7M9 | $29.5M5 | $11.1M5 | $4.6M5 |
| Free cash flow | -$34.5M | $65.1M | $10.4M | -$31.7M | -$7.5M | -$14.6M | $8.6M |
| Cash from investing | $27.1M8 | -$37.7M9 | -$33.0M5 | -$13.5M5 | -$7.4M5 | ||
| Share buybacks | $1.3M9 | $3.7M5 | |||||
| Cash from financing | -$40.0M8 | $19.0M9 | $7.0M5 | $7.7M5 | -$16.4M5 |
Corporate structure
Alto Ingredients, Inc. sits at the top of its group. 8 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Alto Ingredients, Inc.
- BlackRock Filed SCHEDULE 13G on Alto Ingredients, Inc., latest Jul 27, 2026
- DOMO Capital Management, LLC Filed SCHEDULE 13G/A on Alto Ingredients, Inc., latest Feb 13, 2026 (2 filings since Jan 7, 2025)
- Radoff Bradley Louis Filed SCHEDULE 13D/A on Alto Ingredients, Inc., latest Mar 18, 2025 (2 filings since Feb 24, 2025)
- VANGUARD GROUP INC Filed SC 13G/A on Alto Ingredients, Inc., latest Feb 13, 2024 (2 filings since Feb 9, 2023)
- COOPER CREEK PARTNERS MANAGEMENT LLC Filed SC 13G/A on Alto Ingredients, Inc., latest Feb 13, 2023 (2 filings since Feb 14, 2022)
- State Street Corporation Filed SC 13G/A on Alto Ingredients, Inc., latest Jan 20, 2023 (5 filings since Dec 10, 2021)
- RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Alto Ingredients, Inc., latest Feb 10, 2022
- Alto Ingredients, Inc. Sacramento, California, United States
- ILLINOIS CORN PROCESSING, LLC Subsidiary · Pekin, Illinois, United States
- KINERGY MARKETING LLC Subsidiary · Sacramento, California, United States
- PACIFIC ETHANOL COLUMBIA, LLC Subsidiary · Sacramento, California, United States
- PACIFIC ETHANOL MADERA LLC Subsidiary · Sacramento, California, United States
- PACIFIC ETHANOL MAGIC VALLEY, LLC Subsidiary · Sacramento, California, United States
- PACIFIC ETHANOL PEKIN, LLC Subsidiary · Sacramento, California, United States
- PACIFIC ETHANOL STOCKTON LLC Subsidiary · Sacramento, California, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Alto Ingredients, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $3.6M5 Dec 31, 2025 | $3.6M5 Dec 31, 2024 | 0% |
| Machinery and equipment | $431.4M5 Dec 31, 2025 | $420.5M5 Dec 31, 2024 | +2.6% |
| Construction in progress | $4.7M5 Dec 31, 2025 | $11.2M5 Dec 31, 2024 | −57.8% |
| Property and equipment, before depreciation | $463.3M5 Dec 31, 2025 | $455.8M5 Dec 31, 2024 | +1.6% |
| Accumulated depreciation | $264.8M5 Dec 31, 2025 | $241.1M5 Dec 31, 2024 | +9.8% |
| Property and equipment, net | $198.5M5 Dec 31, 2025 | $214.7M5 Dec 31, 2024 | −7.6% |
| Operating-lease assets (leased space) | $16.9M5 Dec 31, 2025 | $20.6M5 Dec 31, 2024 | −17.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $23.4M5 Dec 31, 2025 | $35.5M5 Dec 31, 2024 | −34.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $7.6M5 Dec 31, 2025 | $4.5M5 Dec 31, 2024 | +68.0% |
| Finite-lived intangibles, gross | $13.3M5 Dec 31, 2025 | $9.7M5 Dec 31, 2024 | +38.2% |
| Accumulated amortization | -$5.8M5 Dec 31, 2025 | -$5.1M5 Dec 31, 2024 | −12.1% |
| Finite-lived intangibles, net | $4.9M5 Dec 31, 2025 | $1.8M9 Dec 31, 2024 | +167.4% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $61.7M5 Dec 31, 2025 | $49.9M5 Dec 31, 2024 | +23.6% |
| Raw materials | $10.0M5 Dec 31, 2025 | $9.0M5 Dec 31, 2024 | +11.7% |
| Work in process | $4.6M5 Dec 31, 2025 | $4.2M5 Dec 31, 2024 | +9.9% |
| Finished goods | $40.7M5 Dec 31, 2025 | $31.1M5 Dec 31, 2024 | +30.9% |
Properties, in its own words
Our corporate headquarters, located in Pekin, Illinois, consists of plants and facilities comprising our Pekin Campus production segment totaling 145 acres on land we own. In Sacramento, California, we lease office space totaling approximately 3,400 square feet under a lease expiring in July 2026. In St. Louis, Missouri, we lease warehouse space totaling approximately 84,000 square feet under a lease expiring in 2030. We have plants located in Boardman, Oregon, at a 25-acre facility, and Burley, Idaho, at a 25-acre facility. The land in Boardman, Oregon is leased under a lease expiring in 2076. We own the land in Burley, Idaho. The plants and facilities in Oregon and Idaho comprise our Western production segment. See “Business—Production Facilities.” Our properties are subject to deeds of trust and other encumbrances in favor of our lenders.
Item 2 of the 10-K filed Mar 13, 2026.4
Leadership
Who has led Alto Ingredients, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerBryon T. McGregor Sep 19, 2023 to now13
- Chief executive officerMichael D. Kandris Jul 28, 2020 to Apr 4, 202314
- Chief executive officerNeil M. Koehler Apr 20, 2006 to Aug 27, 202015
- PresidentBryon T. McGregor Sep 19, 2023 to now13
- PresidentMichael D. Kandris Jul 28, 2020 to Apr 4, 202314
- PresidentNeil M. Koehler Apr 20, 2006 to Aug 27, 202015
- Chief financial officerRobert R. Olander Aug 9, 2023 to now16
- Chief financial officerBryon T. McGregor Apr 28, 2009 to Apr 4, 202317
- Chief financial officerJoseph W. Hansen Jan 8, 2008 to Dec 15, 200818
- Chief financial officerDouglas C. Jeffries Jun 6, 2007 to Jun 6, 200719
- Chief financial officerWilliam G. Langley Apr 21, 2006 to Apr 21, 200620
- Chief operating officerTodd E. Benton Apr 1, 2024 to now21
- Chief operating officerMichael D. Kandris Jun 26, 2013 to Apr 4, 202322
- Chief operating officerRyan W. Turner Apr 19, 2006 to Apr 20, 200623
Board members and other officers (20)
- Gen. Counsel, VP & SecyAuste M. Graham Mar 30, 2022 to Apr 3, 202424
- Chief Restructuring OfficerWinston Mar Mar 26, 2020 to Mar 26, 202025
- VP of Ethanol Supply & TradingJames R. Sneed Apr 1, 2014 to now26
- VP of Corporate DevelopmentPaul Koehler Apr 1, 2014 to Jul 28, 202027
- Board memberAlan Robert Tank Jul 9, 2025 to now28
- Board memberJeremy Bezdek Jul 9, 2025 to now29
- Board memberBryon T. McGregor Nov 13, 2024 to now30
- Board memberGilbert E. Nathan Nov 15, 2019 to now31
- Board memberDianne S. Nury Nov 18, 2019 to now32
- Board memberRyan W. Turner Mar 1, 2010 to Oct 22, 201033
- Board memberMichael D. Kandris Aug 5, 2008 to Jun 24, 202434
- Board memberLarry D. Layne Dec 26, 2007 to Nov 19, 201935
- Board memberDouglas L. Kieta Apr 20, 2006 to Jun 24, 202436
- Board memberFrank P. Greinke Apr 20, 2006 to Oct 6, 200637
- Board memberNeil M. Koehler Apr 20, 2006 to Oct 16, 202015
- Board memberRobert Paul Thomas Jr. Apr 20, 2006 to Oct 6, 200638
- Board memberWilliam L. Jones Apr 20, 2006 to Jun 27, 202239
- Board memberJohn L. Prince Oct 6, 2006 to Jun 21, 202140
- Board memberDaniel A. Sanders Oct 19, 2006 to Jan 16, 200741
- General counselAuste M. Graham Apr 2, 2025 to now42
Former names
Timeline
- Aug 7, 20268-K Entered a material agreement43
- Aug 5, 20268-K Results of operations44
- Jun 23, 20268-K Executive or director change; Shareholder vote45
- May 6, 20268-K Results of operations46
- Mar 4, 20268-K Results of operations47
- Nov 26, 20258-K Executive or director change48
- Nov 5, 20258-K Results of operations49
- Aug 6, 20258-K Results of operations50
- Jun 27, 20258-K Other events51
- Jun 25, 20258-K Shareholder vote52
- May 23, 20258-K Listing notice or transfer53
- May 7, 20258-K Results of operations54
- Sep 19, 2023New chief executive Bryon T. McGregor becomes CEO13
- Jul 28, 2020New chief executive Michael D. Kandris becomes CEO14
- Apr 20, 2006New chief executive Neil M. Koehler becomes CEO15
- Feb 27, 2005Founded Alto Ingredients, Inc. is founded2
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.19 a share, on Nov 5, 2025.55
When it reported results
- Aug 5, 2026Reported quarterly or annual results44
- May 6, 2026Reported quarterly or annual results46
- Mar 4, 2026Reported quarterly or annual results47
- Nov 5, 2025Reported quarterly or annual results49
- Aug 6, 2025Reported quarterly or annual results50
- May 7, 2025Reported quarterly or annual results54
- Mar 5, 2025Reported quarterly or annual results56
- Nov 6, 2024Reported quarterly or annual results57
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
198 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 38 major events, 92 insider forms, 18 large holders, 30 other. The latest 20:
- Sep 14, 20264 EDGAR
- Aug 12, 20264 EDGAR
- Aug 7, 20268-K CURRENT REPORT EDGAR
- Aug 7, 202610-Q QUARTERLY REPORT EDGAR
- Aug 5, 20268-K CURRENT REPORT EDGAR
- Aug 5, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Jul 27, 2026SCHEDULE 13G EDGAR
- Jun 25, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 23, 2026S-8 REGISTRATION STATEMENT EDGAR
- Jun 23, 20268-K CURRENT REPORT EDGAR
- May 22, 2026EFFECT EDGAR
- May 20, 2026CORRESP EDGAR
- May 18, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 2026UPLOAD EDGAR
- May 8, 2026S-3 REGISTRATION STATEMENT EDGAR
- May 8, 202610-Q QUARTERLY REPORT EDGAR
The 198 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
26 open-market trades by officers, directors and large owners since October 2021: 25 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | NATHAN GILBERT EDirector | Buy | 10,000 | $3.93 | $39.3K | Form 4 |
| Aug 11, 2026 | NATHAN GILBERT EDirector | Buy | 50,000 | $4.15 | $207.5K | Form 4 |
| May 13, 2026 | NATHAN GILBERT EDirector | Buy | 5,000 | $4.45 | $22.2K | Form 4 |
| May 12, 2026 | NATHAN GILBERT EDirector | Buy | 20,000 | $4.61 | $92.2K | Form 4 |
| Aug 13, 2025 | Sneed James RChief Commercial Officer | Buy | 3,176 | $1.06 | $3.4K | Form 4 |
| Nov 13, 2024 | NATHAN GILBERT EDirector | Buy | 30,000 | $1.34 | $40.1K | Form 4 |
| Nov 12, 2024 | McGregor Bryon TPresident & CEO | Buy | 37,000 | $1.36 | $50.3K | Form 4 |
| Nov 12, 2024 | Olander Robert R.Chief Financial Officer | Buy | 7,350 | $1.36 | $10.0K | Form 4 |
| Jun 1, 2023 | NATHAN GILBERT EDirector | Buy | 5,000 | $1.97 | $9.8K | Form 4 |
| May 31, 2023 | NATHAN GILBERT EDirector | Buy | 5,000 | $1.99 | $9.9K | Form 4 |
| Mar 17, 2023 | NATHAN GILBERT EDirector | Buy | 10,000 | $1.71 | $17.1K | Form 4 |
| Mar 16, 2023 | NATHAN GILBERT EDirector | Buy | 10,000 | $1.81 | $18.1K | Form 4 |
| Mar 16, 2023 | Graham Auste MCLO & Secretary | Buy | 2,700 | $1.85 | $5.0K | Form 4 |
| Mar 15, 2023 | NATHAN GILBERT EDirector | Buy | 15,000 | $1.86 | $27.9K | Form 4 |
| Mar 14, 2023 | Graham Auste MCLO & Secretary | Buy | 2,526 | $1.98 | $5.0K | Form 4 |
| Dec 16, 2022 | Gray Maria GDirector | Buy | 5,000 | $2.73 | $13.7K | Form 4 |
| Dec 16, 2022 | NATHAN GILBERT EDirector | Buy | 35,000 | $2.71 | $94.8K | Form 4 |
| May 20, 2022 | NATHAN GILBERT EDirector | Buy | 20,000 | $4.04 | $80.8K | Form 4 |
| May 20, 2022 | Kandris Michael DDirector | Buy | 12,415 | $4.06 | $50.4K | Form 4 |
| Dec 8, 2021 | NATHAN GILBERT EDirector | Buy | 10,000 | $4.96 | $49.6K | Form 4 |
All 26 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G, 1 filing Jul 27, 202658
- DOMO Capital Management, LLCSCHEDULE 13G/A, 2 filings Jan 7, 2025 to Feb 13, 202659
- Radoff Bradley LouisSCHEDULE 13D/A, 2 filings Feb 24, 2025 to Mar 18, 202560
- VANGUARD GROUP INCSC 13G/A, 2 filings Feb 9, 2023 to Feb 13, 202461
- COOPER CREEK PARTNERS MANAGEMENT LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 13, 202362
- State Street CorporationSC 13G/A, 5 filings Dec 10, 2021 to Jan 20, 202363
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 10, 202264
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Bryon T. McGregor | 62 | $554.0K | $1.5M65 |
| 2025 | Robert R. Olander | 48 | $368.3K | $789.8K65 |
| 2025 | Auste M. Graham | 46 | $369.3K | $772.3K65 |
| 2025 | Todd E. Benton | 53 | $355.1K | $772.0K65 |
| 2025 | James R. Sneed | 59 | $367.9K | $771.6K65 |
| 2024 | President and Chief | $537.1K | $1.3M65 | |
| 2024 | Chief Financial Officer | $354.2K | $640.1K65 | |
| 2024 | Chief Legal Officer and Secretary | $360.8K | $614.6K65 | |
| 2024 | Chief Operating Officer | $331.1K | $609.4K65 | |
| 2024 | Chief Commercial Officer | $349.5K | $604.9K65 | |
| 2023 | Executive Officer | $427.3K | $1.4M65 | |
| 2023 | Chief Financial Officer | $292.8K | $655.3K65 | |
| 2023 | Chief Legal Officer and Secretary | $346.2K | $562.2K65 | |
| 2023 | Chief Commercial Officer | $329.4K | $545.0K65 | |
| 2023 | Chief Operating Officer | $270.7K | $370.6K65 |
SEC filer profile
How Alto Ingredients, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAlto Ingredients, Inc.1
- CIK0000778164
- Employer ID (EIN)41-21706184
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)2860 Industrial Organic Chemicals1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address400 Capitol Mall, Suite 2060, Sacramento, CA 958141
- Phone916-403-21231
- Shares outstanding77,567,564 as of Aug 6, 202611
- Public float$85.3M as of Jun 30, 20254
- AuditorRSM US LLP, Des Moines, Iowa PCAOB ID 49; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceAug 16, 19951
- Filings1,573 in all: 4 (619), 8-K (278), 10-Q (64), SC 13G/A (49), 3 (44), 4/A (32), 10QSB (31), SC 13G (31)1
All 64 form types
CORRESP (29), SC 13D/A (29), DEF 14A (27), 424B3 (24), 424B5 (24), UPLOAD (23), DEFA14A (21), 10-K (20), EFFECT (19), S-8 (18), SC 13D (18), 425 (15), PRE 14A (13), S-3 (13), NT 10-Q (12), 8-K/A (10), 10-K/A (8), 10KSB (8), NT 10-K (7), S-1 (7), S-1/A (7), 10QSB/A (5), 3/A (5), RW (5), S-3/A (5), 5 (4), 10KSB/A (3), 10KSB40 (3), D (3), POS AM (3), REGDEX (3), S-4/A (3), 8-A12G (2), DEF 14C (2), DEFR14A (2), FWP (2), PRE 14C (2), S-3MEF (2), SCHEDULE 13G (2), 305B2 (1), D/A (1), DEFM14A (1), POS EX (1), PREM14A (1), PRER14A (1), PRER14C (1), PRES14A (1), PRES14C (1), RW WD (1), S-4 (1), S-8 POS (1), SB-2 (1), SC 14F1 (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Mar 13, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Apr 30, 2026
Latest 8-K (8-K) Aug 7, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.001 par value | ALTO | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Alto Ingredients, Inc. names in Item 1A of its 10-K filed Mar 13, 2026: 24 risks under these headings, as written.4
- Our results of operations and our ability to operate at a profit are largely dependent on our ability to manage the costs of corn, natural gas and other production inputs, with the prices of our alcohols and essential ingredients, all of which are subject to volatility and uncertainty.
- The prices of our products are volatile and subject to large fluctuations, which may cause our results of operations to fluctuate significantly.
- We may engage in hedging transactions and other risk mitigation strategies that could harm our results of operations and financial condition.
- Disruptions in our production or distribution, including from climate change and other weather effects, may adversely affect our business, results of operations and financial condition.
- Increased alcohol or essential ingredient production or higher inventory levels may cause a decline in prices for those products, and may have other negative effects, materially and adversely impacting our results of operations, cash flows and financial condition.
- We may suffer impairments in the value of our long-lived assets which may materially and adversely affect our results of operations.
- Our alcohol production relies on traditional corn-based feedstock and process technologies. New technologies could make corn-based alcohol production and traditional process technologies less competitive or even obsolete, materially and adversely harming our business.
- Inflation and sustained higher prices may adversely impact our results of operations and financial condition.
- Climate change, and governmental regulations aimed at addressing climate-related issues, may affect conditions to which our business is highly sensitive, many of which could materially and adversely harm our business, results of operations and financial condition.
- Risks Related to our Finances
- We have incurred significant losses and negative operating cash flow in the past and we may incur losses and negative operating cash flow in the future, which may hamper our operations and impede us from expanding our business.
- We are engaged in multiple capital improvement initiatives and projects. These initiatives and projects, and their financing, costs, timing and effects, are based on our plans, expectations and various assumptions that may not eventuate. We may therefore be unable to timely achieve, or achieve at all, the results we expect.
The other 13 risks
- We regularly incur significant expenses to repair, maintain and upgrade our production facilities and operating equipment, and any interruption in our operations would harm our operating performance.
- We may be unable to qualify for and receive anticipated Section 45Z tax credit benefits available to low carbon fuel producers.
- Our indebtedness may expose us to risks that could negatively impact our business, prospects, liquidity, cash flows and results of operations.
- Our ability to utilize net operating loss carryforwards and certain other tax attributes may be limited.
- Risks Related to Legal and Regulatory Matters
- We may be adversely affected by environmental, health and safety laws and regulations, as well as related liabilities that may not be adequately covered by insurance.
- We may be adversely affected by food and drug laws and regulations, as well as related liabilities that may not be adequately covered by insurance.
- The United States fuel-grade ethanol industry is highly dependent upon various federal and state laws and regulations and any changes in or reinterpretations of those laws or regulations could have a material adverse effect on our results of operations, cash flows and financial condition.
- Future demand for fuel-grade ethanol is uncertain and may be affected by changes to federal mandates, public perception, consumer acceptance and overall consumer demand for transportation fuel, any of which could negatively affect demand for fuel-grade ethanol and our results of operations.
- The United States Supreme Court’s decision in the case of Loper Bright Enterprises v. Raimondo may result in less industry-favorable rulemaking and agency interpretations of laws and regulations, which could materially and adversely affect our results of operations, cash flows and financial condition as well as the business and financial prospects of certain capital improvement projects.
- Risks Related to Ownership of our Common Stock
- Our stock price is highly volatile, which could result in substantial losses for investors purchasing shares of our common stock and in litigation against us.
- Because we do not plan to pay any cash dividends on our shares of common stock, our stockholders will not be able to receive a return on their shares unless and until they sell them.
- Our bylaws contain exclusive forum provisions that could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, employees or agents.
- General Risk Factors
- Cyberattacks through security vulnerabilities could lead to disruption of our business, reduced revenue, increased costs, liability claims, or harm to our reputation or competitive position.
Legal proceedings
We are subject to legal proceedings, claims and litigation arising in the ordinary course of business. While the amounts claimed may be substantial, the ultimate liability cannot presently be determined because of considerable uncertainties that exist. Therefore, it is possible that the outcome of those legal proceedings, claims and litigation could adversely affect our quarterly or annual operating results or cash flows when resolved in a future period. However, based on facts currently available, management believes such matters will not adversely affect in any material respect our financial position, results of operations or cash flows.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 28SEC EDGARAlan Robert Tank, Board member
- 29SEC EDGARJeremy Bezdek, Board member
- 30SEC EDGARBryon T. McGregor, Board member
- 31SEC EDGARGilbert E. Nathan, Board member
- 32SEC EDGARDianne S. Nury, Board member
- 33SEC EDGARRyan W. Turner, Board member
- 34SEC EDGARMichael D. Kandris, Board member
- 35SEC EDGARLarry D. Layne, Board member
- 36SEC EDGARDouglas L. Kieta, Board member
- 37SEC EDGARFrank P. Greinke, Board member
- 38SEC EDGARRobert Paul Thomas Jr., Board member
- 39SEC EDGARWilliam L. Jones, Board member
- 40SEC EDGARJohn L. Prince, Board member
- 41SEC EDGARDaniel A. Sanders, Board member
- 42SEC EDGARAuste M. Graham, General counsel
- 43SEC EDGAREntered a material agreement
- 44SEC EDGARResults of operations
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- 46SEC EDGARResults of operations
- 47SEC EDGARResults of operations
- 48SEC EDGARExecutive or director change
- 49SEC EDGARResults of operations
- 50SEC EDGARResults of operations
- 51SEC EDGAROther events
- 52SEC EDGARShareholder vote
- 53SEC EDGARListing notice or transfer
- 54SEC EDGARResults of operations
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