Highwater Ethanol FY26 Q3 net income rises to $10.84 million; revenue increases 12.15% to $39.09 million

Reuters2026/09/11 16:57

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Highwater Ethanol posted net income of USD 10.84 million for the quarter ended July 31, 2026, up 545.67% year over year.
Revenue rose 12.15% to USD 39.09 million, while cost of goods sold fell 2.42% to USD 31.62 million.
Other income climbed to USD 5.18 million from USD 186,538, driven by USD 5 million of Section 45Z federal tax credits.
Operating expenses increased to USD 1.81 million from USD 958,776, attributed to fees tied to Section 45Z incentives.
Sold USD 14.31 million of 2025 Section 45Z tax credits; buyer holds first refusal on up to USD 14 million annually for 2026-2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Highwater Ethanol LLC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-061490), on September 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Highwater Ethanol FY26 Q3 net income rises to $10.84 million; revenue increases 12.15% to $39.09 million

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