Reported results
- Diluted net income per share attributable to REX common shareholders of $1.06 in Q2 2026 vs. $0.22 in Q2 2025
- Gross profit of $53.3 million in Q2 2026 vs. $14.3 million in Q2 2025
- Net income attributable to REX shareholders of $34.9 million in Q2 2026 vs. $7.1 million in Q2 2025
- Net sales and revenue of $168.5 million in Q2 2026 vs. $158.6 million in Q2 2025
- Production tax credit income of $18.4 million net of estimated monetization expenses in Q2 2026
- Cash and cash equivalents plus short-term investments of $379.5 million as of July 31, 2026 with no bank debt
Guidance
- One Earth Energy ethanol production expansion expected to become operational during fiscal 2026, with testing and commissioning to begin upon completion of construction phase
Notes
Company received draft permits from U.S. EPA on August 17, 2026 for three Class VI injection wells related to its carbon capture and sequestration project. Capital expenditures to-date for One Earth Energy carbon capture and sequestration project and related expansion totaled $191.2 million. CEO commentary notes this was REX’s 24th consecutive profitable quarter. Per share results based on 33,090,000 and 33,010,000 diluted weighted average shares outstanding for Q2 2026 and Q2 2025, respectively.
Price and volatility reaction
The stock moved +1.9% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -10.2 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 41.99 | 2026-09-01 |
| Close after release | 42.8 | 2026-09-02 |
| Realised move | +1.9% | close to close |
| 30d ATM IV change | -10.2 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-09-02 (8-K, Item 2.02). Read the original filing on sec.gov.