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Side-by-side financial comparison of CN ENERGY GROUP. INC. (CNEY) and Gevo, Inc. (GEVO). Click either name above to swap in a different company.

Gevo, Inc. is the larger business by last-quarter revenue ($45.3M vs $5.0M, roughly 9.1× CN ENERGY GROUP. INC.). CN ENERGY GROUP. INC. runs the higher net margin — -0.4% vs -13.2%, a 12.9% gap on every dollar of revenue.

EVE Energy Co., Ltd. is a Chinese battery manufacturing company founded by Liu Jincheng in 2001 that specializes in the manufacturing of lithium-ion batteries for energy storage systems and electric vehicles. Its headquarters are located in Huizhou, Guangdong, and it was first listed on the Shenzhen Stock Exchange's ChiNext subsidiary in 2009. It is considered to be a Tier-1 battery supplier, and is the third largest energy storage battery cell maker in the world as of 2023. According to a st...

Gevo, Inc. is an American renewable chemicals and advanced biofuels company headquartered in unincorporated Douglas County, Colorado, in the Denver-Aurora metropolitan area. Gevo operates in the sustainability sector, pursuing a business model based on the concept of the "circular economy". The company develops bio-based alternatives to petroleum-based products using a combination of biotechnology and classical chemistry. Gevo uses the GREET model from Argonne National Laboratory as a basis f...

CNEY vs GEVO — Head-to-Head

Bigger by revenue
GEVO
GEVO
9.1× larger
GEVO
$45.3M
$5.0M
CNEY
Higher net margin
CNEY
CNEY
12.9% more per $
CNEY
-0.4%
-13.2%
GEVO

Income Statement — Q2 2025 vs Q4 2025

Metric
CNEY
CNEY
GEVO
GEVO
Revenue
$5.0M
$45.3M
Net Profit
$-18.0K
$-6.0M
Gross Margin
0.1%
Operating Margin
-0.4%
-4.8%
Net Margin
-0.4%
-13.2%
Revenue YoY
695.6%
Net Profit YoY
65.9%
EPS (diluted)
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNEY
CNEY
GEVO
GEVO
Q4 25
$45.3M
Q3 25
$42.7M
Q2 25
$43.4M
Q1 25
$5.0M
$29.1M
Q4 24
$5.7M
Q3 24
$2.0M
Q2 24
$5.3M
Q1 24
$22.7M
$4.0M
Net Profit
CNEY
CNEY
GEVO
GEVO
Q4 25
$-6.0M
Q3 25
$-8.0M
Q2 25
$2.1M
Q1 25
$-18.0K
$-21.7M
Q4 24
$-17.6M
Q3 24
$-21.2M
Q2 24
$-21.0M
Q1 24
$-4.2M
$-18.9M
Gross Margin
CNEY
CNEY
GEVO
GEVO
Q4 25
Q3 25
Q2 25
Q1 25
0.1%
Q4 24
Q3 24
Q2 24
Q1 24
3.5%
Operating Margin
CNEY
CNEY
GEVO
GEVO
Q4 25
-4.8%
Q3 25
-8.6%
Q2 25
13.4%
Q1 25
-0.4%
-69.2%
Q4 24
-344.7%
Q3 24
-1221.8%
Q2 24
-456.8%
Q1 24
-19.2%
-580.0%
Net Margin
CNEY
CNEY
GEVO
GEVO
Q4 25
-13.2%
Q3 25
-18.6%
Q2 25
4.9%
Q1 25
-0.4%
-74.6%
Q4 24
-308.9%
Q3 24
-1076.6%
Q2 24
-399.3%
Q1 24
-18.4%
-473.1%
EPS (diluted)
CNEY
CNEY
GEVO
GEVO
Q4 25
$-0.03
Q3 25
$-0.03
Q2 25
$0.01
Q1 25
$-0.09
Q4 24
$-0.08
Q3 24
$-0.09
Q2 24
$-0.09
Q1 24
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNEY
CNEY
GEVO
GEVO
Cash + ST InvestmentsLiquidity on hand
$81.2M
Total DebtLower is stronger
$164.8M
Stockholders' EquityBook value
$102.3M
$466.3M
Total Assets
$104.2M
$718.9M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNEY
CNEY
GEVO
GEVO
Q4 25
$81.2M
Q3 25
$72.6M
Q2 25
$57.3M
Q1 25
$65.3M
Q4 24
$189.4M
Q3 24
$223.2M
Q2 24
$245.7M
Q1 24
$270.6M
Total Debt
CNEY
CNEY
GEVO
GEVO
Q4 25
$164.8M
Q3 25
$164.5M
Q2 25
$167.5M
Q1 25
$167.0M
Q4 24
$67.1M
Q3 24
$67.0M
Q2 24
$66.8M
Q1 24
$565.5K
$68.3M
Stockholders' Equity
CNEY
CNEY
GEVO
GEVO
Q4 25
$466.3M
Q3 25
$468.9M
Q2 25
$474.1M
Q1 25
$102.3M
$469.8M
Q4 24
$489.5M
Q3 24
$504.7M
Q2 24
$522.7M
Q1 24
$102.8M
$541.9M
Total Assets
CNEY
CNEY
GEVO
GEVO
Q4 25
$718.9M
Q3 25
$685.2M
Q2 25
$702.1M
Q1 25
$104.2M
$677.8M
Q4 24
$583.9M
Q3 24
$583.9M
Q2 24
$617.9M
Q1 24
$118.4M
$633.6M
Debt / Equity
CNEY
CNEY
GEVO
GEVO
Q4 25
0.35×
Q3 25
0.35×
Q2 25
0.35×
Q1 25
0.36×
Q4 24
0.14×
Q3 24
0.13×
Q2 24
0.13×
Q1 24
0.01×
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNEY
CNEY
GEVO
GEVO
Operating Cash FlowLast quarter
$20.0M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
19.3%
Capex IntensityCapex / Revenue
24.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-43.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNEY
CNEY
GEVO
GEVO
Q4 25
$20.0M
Q3 25
$-6.8M
Q2 25
$-2.5M
Q1 25
$-24.0M
Q4 24
$-18.8M
Q3 24
$-11.0M
Q2 24
$-11.4M
Q1 24
$-579.2K
$-16.1M
Free Cash Flow
CNEY
CNEY
GEVO
GEVO
Q4 25
$8.7M
Q3 25
$-14.6M
Q2 25
$-7.8M
Q1 25
$-29.9M
Q4 24
$-33.5M
Q3 24
$-20.8M
Q2 24
$-20.6M
Q1 24
$-579.3K
$-33.6M
FCF Margin
CNEY
CNEY
GEVO
GEVO
Q4 25
19.3%
Q3 25
-34.2%
Q2 25
-17.9%
Q1 25
-102.7%
Q4 24
-587.2%
Q3 24
-1057.0%
Q2 24
-392.4%
Q1 24
-2.6%
-841.9%
Capex Intensity
CNEY
CNEY
GEVO
GEVO
Q4 25
24.7%
Q3 25
18.3%
Q2 25
12.1%
Q1 25
20.0%
Q4 24
256.6%
Q3 24
496.2%
Q2 24
174.8%
Q1 24
0.0%
438.9%
Cash Conversion
CNEY
CNEY
GEVO
GEVO
Q4 25
Q3 25
Q2 25
-1.18×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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