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Side-by-side financial comparison of Gevo, Inc. (GEVO) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

Gevo, Inc. is the larger business by last-quarter revenue ($45.3M vs $26.9M, roughly 1.7× WEST BANCORPORATION INC). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -13.2%, a 52.5% gap on every dollar of revenue. On growth, Gevo, Inc. posted the faster year-over-year revenue change (695.6% vs 16.6%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $8.7M). Over the past eight quarters, Gevo, Inc.'s revenue compounded faster (237.1% CAGR vs 17.3%).

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...

West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.

GEVO vs WTBA — Head-to-Head

Bigger by revenue
GEVO
GEVO
1.7× larger
GEVO
$45.3M
$26.9M
WTBA
Growing faster (revenue YoY)
GEVO
GEVO
+678.9% gap
GEVO
695.6%
16.6%
WTBA
Higher net margin
WTBA
WTBA
52.5% more per $
WTBA
39.2%
-13.2%
GEVO
More free cash flow
WTBA
WTBA
$3.6M more FCF
WTBA
$12.4M
$8.7M
GEVO
Faster 2-yr revenue CAGR
GEVO
GEVO
Annualised
GEVO
237.1%
17.3%
WTBA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GEVO
GEVO
WTBA
WTBA
Revenue
$45.3M
$26.9M
Net Profit
$-6.0M
$10.6M
Gross Margin
Operating Margin
-4.8%
50.0%
Net Margin
-13.2%
39.2%
Revenue YoY
695.6%
16.6%
Net Profit YoY
65.9%
34.8%
EPS (diluted)
$-0.03
$0.61

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
GEVO
GEVO
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$45.3M
$24.2M
Q3 25
$42.7M
$25.0M
Q2 25
$43.4M
$23.8M
Q1 25
$29.1M
$23.1M
Q4 24
$5.7M
$20.9M
Q3 24
$2.0M
$20.3M
Q2 24
$5.3M
$19.6M
Net Profit
GEVO
GEVO
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$-6.0M
$7.4M
Q3 25
$-8.0M
$9.3M
Q2 25
$2.1M
$8.0M
Q1 25
$-21.7M
$7.8M
Q4 24
$-17.6M
$7.1M
Q3 24
$-21.2M
$6.0M
Q2 24
$-21.0M
$5.2M
Operating Margin
GEVO
GEVO
WTBA
WTBA
Q1 26
50.0%
Q4 25
-4.8%
39.6%
Q3 25
-8.6%
45.8%
Q2 25
13.4%
43.4%
Q1 25
-69.2%
43.4%
Q4 24
-344.7%
30.9%
Q3 24
-1221.8%
36.6%
Q2 24
-456.8%
32.6%
Net Margin
GEVO
GEVO
WTBA
WTBA
Q1 26
39.2%
Q4 25
-13.2%
30.7%
Q3 25
-18.6%
37.3%
Q2 25
4.9%
33.5%
Q1 25
-74.6%
34.0%
Q4 24
-308.9%
34.0%
Q3 24
-1076.6%
29.3%
Q2 24
-399.3%
26.5%
EPS (diluted)
GEVO
GEVO
WTBA
WTBA
Q1 26
$0.61
Q4 25
$-0.03
$0.44
Q3 25
$-0.03
$0.55
Q2 25
$0.01
$0.47
Q1 25
$-0.09
$0.46
Q4 24
$-0.08
$0.41
Q3 24
$-0.09
$0.35
Q2 24
$-0.09
$0.31

Balance Sheet & Financial Strength

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

Metric
GEVO
GEVO
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$81.2M
$362.0M
Total DebtLower is stronger
$164.8M
Stockholders' EquityBook value
$466.3M
$270.7M
Total Assets
$718.9M
$4.0B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEVO
GEVO
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$81.2M
$471.1M
Q3 25
$72.6M
$232.9M
Q2 25
$57.3M
$345.2M
Q1 25
$65.3M
Q4 24
$189.4M
$243.5M
Q3 24
$223.2M
Q2 24
$245.7M
Total Debt
GEVO
GEVO
WTBA
WTBA
Q1 26
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
Stockholders' Equity
GEVO
GEVO
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$466.3M
$266.0M
Q3 25
$468.9M
$255.1M
Q2 25
$474.1M
$240.9M
Q1 25
$469.8M
$237.9M
Q4 24
$489.5M
$227.9M
Q3 24
$504.7M
$235.4M
Q2 24
$522.7M
$223.9M
Total Assets
GEVO
GEVO
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$718.9M
$4.1B
Q3 25
$685.2M
$4.0B
Q2 25
$702.1M
$4.1B
Q1 25
$677.8M
$4.0B
Q4 24
$583.9M
$4.0B
Q3 24
$583.9M
$4.0B
Q2 24
$617.9M
$4.0B
Debt / Equity
GEVO
GEVO
WTBA
WTBA
Q1 26
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×

Cash Flow & Capital Efficiency

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

Metric
GEVO
GEVO
WTBA
WTBA
Operating Cash FlowLast quarter
$20.0M
$12.9M
Free Cash FlowOCF − Capex
$8.7M
$12.4M
FCF MarginFCF / Revenue
19.3%
46.0%
Capex IntensityCapex / Revenue
24.7%
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$-43.5M
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEVO
GEVO
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$20.0M
$46.5M
Q3 25
$-6.8M
$11.4M
Q2 25
$-2.5M
$13.5M
Q1 25
$-24.0M
$9.7M
Q4 24
$-18.8M
$39.8M
Q3 24
$-11.0M
$12.9M
Q2 24
$-11.4M
$10.0M
Free Cash Flow
GEVO
GEVO
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$8.7M
$43.2M
Q3 25
$-14.6M
$10.8M
Q2 25
$-7.8M
$12.8M
Q1 25
$-29.9M
$8.3M
Q4 24
$-33.5M
$13.7M
Q3 24
$-20.8M
$7.0M
Q2 24
$-20.6M
$2.7M
FCF Margin
GEVO
GEVO
WTBA
WTBA
Q1 26
46.0%
Q4 25
19.3%
178.3%
Q3 25
-34.2%
43.0%
Q2 25
-17.9%
53.6%
Q1 25
-102.7%
35.7%
Q4 24
-587.2%
65.6%
Q3 24
-1057.0%
34.2%
Q2 24
-392.4%
14.0%
Capex Intensity
GEVO
GEVO
WTBA
WTBA
Q1 26
1.8%
Q4 25
24.7%
13.7%
Q3 25
18.3%
2.6%
Q2 25
12.1%
3.2%
Q1 25
20.0%
6.5%
Q4 24
256.6%
125.3%
Q3 24
496.2%
29.4%
Q2 24
174.8%
37.1%
Cash Conversion
GEVO
GEVO
WTBA
WTBA
Q1 26
1.22×
Q4 25
6.26×
Q3 25
1.23×
Q2 25
-1.18×
1.70×
Q1 25
1.24×
Q4 24
5.61×
Q3 24
2.17×
Q2 24
1.93×

Financial Flow Comparison

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

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