绿色平原能源 2026年季度报告

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549_______________________ FORM 10-Q (Mark One) ☒Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 OR ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission File Number 001-32924 GREEN PLAINS INC.(Exact name of registrant as specified in its charter) 84-1652107 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) (402) 884-8700 (Address of principal executive offices, including zip code)(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading SymbolName of each exchange on which registeredCommon Stock, par value $0.001 per shareGPREThe Nasdaq Stock Market LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. ☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). ☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐Yes☒No The registrant had 70,095,328 common stock outstanding as of August3, 2026. TABLE OF CONTENTS PART I – FINANCIAL INFORMATION Item 1.Financial Statements4Consolidated Balance Sheets4Consolidated Statements of Operations5Consolidated Statements of Comprehensive Income (Loss)6Consolidated Statements of Cash Flows7Notes to Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations35Item 3.Quantitative and Qualitative Disclosures About Market Risk49Item 4.Controls and Procedures50 PART II – OTHER INFORMATION Item 1.Legal Proceedings52Item 1A.Risk Factors52Item 2.Unregistered Sales of Equity Securities and Use of Proceeds52Item 3.Defaults Upon Senior Securities52Item 4.Mine Safety Disclosures52Item 5.Other Information52Item 6.Exhibits53Signatures Commonly Used Defined Terms PART I – FINANCIAL INFORMATION Item 1. Financial Statements. GREEN PLAINS INC. CONSOLIDATED BALANCE SHEETS (in thousands, except share amounts) GREEN PLAINS INC. CONSOLIDATED STATEMENTS OF OPERATIONS GREEN PLAINS INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited and in thousands) GREEN PLAINS INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited and in thousands) GREEN PLAINS INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited and in thousands) GREEN PLAINS INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited) 1.BASIS OF PRESENTATION, DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTINGPOLICIES References to the Company References to “Green Plains,” "we," "our" or the “company” in the consolidated financial statements and in these notes to theconsolidated financial statements refer to Green Plains Inc., an Iowa corporation, and its subsidiaries. Consolidated Financial Statements The consolidated financial statements include the company’s accounts and all significant intercompany balances and transactionsare eliminated. Unconsolidated entities are included in the financial statements on an equity method basis. The company also owns a majority interest in FQT, with its results being consolidated in our consolidated financial statements. The accompanying consolidated financial statements are prepared in accordance with GAAP for interim financial information andthe instructions to Form 10-Q and Article 10 of Regulation S-X. Because they do not include all of the information and footnotesrequired by GAAP for complete financial statements, the consolidated financial statements should be read in conjunction with thecompany’s annual report on Form 10-K for the year ende