Ethanol Production was Green Plains’s largest segment in fiscal 2025, bringing in $1.90B of $2.09B (91%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Marketing & Distribution | — | — | — | — | |||||||||||
| Ethanol Production | $3.08B | $2.82B | $2.07B | $1.90B | |||||||||||
| Agribusiness | — | — | — | — | |||||||||||
| Agribusiness & Energy Services | $615.62M | $500.90M | $421.11M | $213.34M | |||||||||||
| Food & Food Ingredients | — | — | — | — | |||||||||||
| Food & Ingredients | — | — | — | — | |||||||||||
| Corn Oil Production | — | — | — | — | |||||||||||
| Partnership | — | — | — | — | |||||||||||
| Green Plains Partners | — | — | — | — | |||||||||||
| Eliminations | -$31.41M | -$29.70M | -$29.40M | -$23.52M | |||||||||||
| Intersegment | — | — | — | — | |||||||||||
| Intersegment Eliminations | — | — | — | — | |||||||||||
| Total | $3.66B | $3.30B | $2.46B | $2.09B |
Green Plains brought in $2.09B from its three segments in fiscal 2025, the year ended December 31, 2025. That was down 14.9% from $2.46B in fiscal 2024. Ethanol Production was the largest at $1.90B (90.9%), ahead of Agribusiness & Energy Services at $213.34M (10.2%).
Compared with fiscal 2024, Ethanol Production fell 8.0% to $1.90B and Agribusiness & Energy Services fell 49.3% to $213.34M. From fiscal 2022 to 2025, combined revenue from these segments fell from $3.66B to $2.09B, a compound annual decline of 17.0%. Ethanol Production's share of the total rose from 84.1% to 90.9%.
The total is net of Eliminations, which took $23.52M off revenue in fiscal 2025.
Ethanol was Green Plains’s largest revenue line in fiscal 2014, bringing in $2.36B of $3.24B (73%).
| Product Lines | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 |
|---|---|---|---|---|---|
| Ethanol | $2.72B | $2.51B | $2.33B | $2.36B | |
| Distillers Grains | $405.09M | $433.09M | $488.38M | $531.70M | |
| Grain | $290.54M | $348.41M | $92.49M | $175.00M | |
| Corn Oil | $44.86M | $58.64M | $74.25M | $99.17M | |
| Agronomy Products | $61.17M | — | — | — | |
| Other | $31.13M | $129.61M | $47.83M | $29.19M | |
| Food & Food Ingredients | — | — | — | $29.26M | |
| Service Revenues | — | — | $7.18M | $8.48M | |
| Total | $3.55B | $3.48B | $3.04B | $3.24B |
Green Plains brought in $3.24B from its seven revenue lines in fiscal 2014, the year ended December 31, 2014. Green Plains regrouped these revenue lines after fiscal 2013, so the total does not compare directly with that year's $3.04B. Ethanol was the largest at $2.36B (73.0%), ahead of Distillers Grains at $531.70M (16.4%) and Grain at $175.00M (5.4%). The other four revenue lines brought in $166.11M combined.
Compared with fiscal 2013, Grain grew fastest, up 89.2% to $175.00M. Every revenue line above 2% of revenue grew.
Green Plains began breaking out Food & Food Ingredients in fiscal 2014 and Service Revenues in fiscal 2013. Green Plains stopped reporting Agronomy Products as a separate revenue line after fiscal 2011, when it brought in $61.17M.
Product was Green Plains’s largest product and service line in fiscal 2019, bringing in $2.41B of $2.42B (100%).
| Product and Service | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 |
|---|---|---|---|---|---|
| Product | $3.40B | $3.28B | $2.98B | $2.41B | |
| Ethanol | — | — | — | — | |
| Distillers Grains | — | — | — | — | |
| Grain | — | — | — | — | |
| Food & Ingredients | — | — | — | — | |
| Corn Oil | — | — | — | — | |
| Product Line, Other | — | — | — | — | |
| Cattle | — | $22.20M | — | — | |
| Service Revenues | — | — | — | — | |
| Service | $8.30M | $6.19M | $6.48M | $6.86M | |
| Total | $3.41B | $3.31B | $2.98B | $2.42B |
Green Plains brought in $2.42B from its two product and service lines in fiscal 2019, the year ended December 31, 2019. That was down 19.0% from $2.98B in fiscal 2018. Product was the largest at $2.41B (99.7%), ahead of Service at $6.86M (0.3%).
From fiscal 2016 to 2019, combined revenue from these lines fell from $3.41B to $2.42B, a compound annual decline of 10.8%. Product's share held steady at about 99.7%.
Green Plains stopped reporting Cattle as a separate line after fiscal 2017, when it brought in $22.20M.
Green Plains (GPRE) reports its revenue by segment, by product lines and by product and service. In fiscal 2025, Ethanol Production was its largest segment, bringing in $1.90B (90.9% of the total), followed by Agribusiness & Energy Services at $213.34M (10.2%).
Ethanol Production was Green Plains' largest segment in fiscal 2025, bringing in $1.90B, or 90.9% of the $2.09B total across its three segments.
Ethanol was Green Plains' largest revenue line in fiscal 2014, bringing in $2.36B, or 73.0% of the $3.24B total across its seven revenue lines.
Product was Green Plains' largest product and service line in fiscal 2019, bringing in $2.41B, or 99.7% of the $2.42B total across its two product and service lines.
Every figure comes from Green Plains' annual financial filings, as reported. Each line keeps the name Green Plains gives it, and years follow its fiscal calendar.
Green Plains' revenue by segment goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.