HIGHWATER ETHANOL LLC Financial Statements (2026 and earlier)

Company Profile

Business Address 24500 US HIGHWAY 14
LAMBERTON, MN 56152
State of Incorp.
Fiscal Year End October 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

10/31/2025
Q4
7/31/2025
Q3
4/30/2025
Q2
1/31/2025
Q1
10/31/2024
Q4
7/31/2024
Q3
4/30/2024
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments13,84813,55215,44433,83130,30220,984
Cash and cash equivalent13,84813,55215,44433,83130,30220,984
Receivables2,7692,8402,6823,2801,6033,251
Inventory, net of allowances, customer advances and progress billings18,28214,78817,50114,24713,63513,229
Inventory18,28214,78817,50114,24713,63513,229
Prepaid expense301570682818265533
Derivative instruments and hedges, assets348393519725605530
Total current assets:35,54732,14336,82952,90146,41038,527
Noncurrent Assets
Property, plant and equipment29,90129,38028,83829,64228,83529,618
Other noncurrent assets6,2476,1976,2836,1596,2096,236
Total noncurrent assets:36,14735,57735,12135,80135,04435,854
TOTAL ASSETS:71,69467,72071,95088,70281,45474,381
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8,2645,9339,63918,27613,08310,748
Accounts payable7,2585,1828,96317,16211,8709,970
Accrued liabilities1,0067516751,1141,213778
Debt145143141139137136
Other undisclosed current liabilities      28
Total current liabilities:8,4096,0769,78018,41513,22110,912
Noncurrent Liabilities
Long-term debt and lease obligation531568605641676711
Finance lease, liability531568605641676711
Total noncurrent liabilities:531568605641676711
Total liabilities:8,9406,64410,38419,05613,89711,623
Equity
Other undisclosed liabilities and equity62,75461,07661,56569,64667,55762,758
TOTAL LIABILITIES AND EQUITY:71,69467,72071,95088,70281,45474,381

Income Statement (P&L) ($ in thousands)

10/31/2025
Q4
7/31/2025
Q3
4/30/2025
Q2
1/31/2025
Q1
10/31/2024
Q4
7/31/2024
Q3
4/30/2024
Q2
Revenues34,85835,09133,21934,59437,44532,543
Cost of revenue
(Cost of Product and Service Sold)
(32,408)(34,544)(32,248)(31,831)(32,027)(33,340)
Gross profit:2,4505479702,7635,418(797)
Operating expenses(959)(1,220)(1,294)(978)(963)(1,097)
Operating income (loss):1,492(672)(324)1,7854,455(1,894)
Nonoperating income187193332304344294
Investment income, nonoperating 9682232293294174
Other nonoperating income 731041039724119
Interest and debt expense(50)(50)(62)(52)(52)(53)
Net income (loss):1,628(530)(53)2,0374,747(1,652)
Other undisclosed net income attributable to parent505062525253
Net income (loss) available to common stockholders, diluted:1,678(480)82,0894,799(1,599)

Comprehensive Income ($ in thousands)

10/31/2025
Q4
7/31/2025
Q3
4/30/2025
Q2
1/31/2025
Q1
10/31/2024
Q4
7/31/2024
Q3
4/30/2024
Q2
Net income (loss):1,628(530)(53)2,0374,747(1,652)
Comprehensive income (loss), net of tax, attributable to parent:1,628(530)(53)2,0374,747(1,652)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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