REX American Resources reports record fiscal Q2 2026 earnings

REX American Resources Corporation reported record financial results for its fiscal second quarter of 2026. The ethanol producer achieved diluted earnings per share of $1.06, a significant increase from the $0.22 reported in the same period last year.

Total revenue for the quarter reached $168.5 million, up from $158.6 million in Q2 2025, driven largely by improved pricing. The company reported a net income of $34.9 million, compared to $7.1 million in the prior-year period. Gross profit rose to $53.3 million from $14.3 million year-over-year, benefiting from improved crush margins and $18.4 million in production tax credit income.

Operationally, the company manages six ethanol production facilities. Additionally, the company noted that it received a Class VI injection well draft permit from the U.S. EPA.