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Private company

Benson Hill, Inc.

In its 2024 annual report the company says: “Benson Hill is an ag-tech company on a mission to lead the pace of innovation in soy protein through differentiated and advantaged genetics. We are headquartered in St. Louis, Missouri, where most of our research and development activities are managed. We continue to process dry peas in North Dakota through our Dakota ingredients facility, and we sell our products throughout North America, in Europe and in several countries globally.”4

Last updated Oct 21, 2026.

Overview

  • IndustryFood and Kindred Products1
  • HeadquartersSt. Louis, Missouri1
  • Incorporated inDE2
  • Business address1200 Research Boulevard, St. Louis, Mo 631322
  • Filer category, Emerging growth company2

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Benson Hill is an ag-tech company on a mission to lead the pace of innovation in soy protein through differentiated and advantaged genetics. Leveraging downstream insights and demand, we utilize our CropOS ® technology platform to design and deliver food and feed that’s better from the beginning: more nutritious, and more functional, while enabling efficient production and delivering novel sustainability benefits to food and feed customers. We are headquartered in St. Louis, Missouri, where most of our research and development activities are managed. In February 2024, as part of our acceleration to an asset-light business model, we divested our soy-crushing and food-grade white flake and soy flour manufacturing operation in Creston, Iowa, which followed the October 2023 divestiture of our soy crushing facility in Seymour, Indiana. We continue to process dry peas in North Dakota through o…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

5.0%Gross margin5
-22.1%Operating margin5
-24.4%Net margin5
24.2%Revenue growth, 20235
-134.0%Return on equity5
0.06×Debt to equity5
-$84.9MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue80¢$449.7M
  • Research and development7¢$40.3M
  • Selling, general and admin12¢$69.1M
  • Income tax0¢$192.0K

Out of $473.3M in revenue.5 The company lost money this year.

Financial statements

Revenue675$473.3M in 2023+495% since 2019
0$200.0M$400.0M$600.0M2019: $79.5M$79.5M20192020: $59.1M$59.1M2020−26%2021: $90.9M$90.9M2021+54%2022: $381.2M$381.2M2022+319%2023: $473.3M$473.3M2023+24%
Gross profit675$23.6M in 2023+176% since 2019
-$10.0M0$10.0M$20.0M$30.0M2019: $8.6M$8.6M20192020: $4.6M$4.6M2020−46%2021: -$5.9M-$5.9M20212022: $3.5M$3.5M20222023: $23.6M$23.6M2023+570%
Operating income675-$104.5M in 2023+139% since 2019
-$150.0M-$100.0M-$50.0M02019: -$43.7M-$43.7M20192020: -$57.2M-$57.2M2020+31%2021: -$118.4M-$118.4M2021+107%2022: -$125.0M-$125.0M2022+6%2023: -$104.5M-$104.5M2023−16%
Net income675-$115.3M in 2023+163% since 2019
-$150.0M-$100.0M-$50.0M02019: -$43.9M-$43.9M20192020: -$67.2M-$67.2M2020+53%2021: -$126.2M-$126.2M2021+88%2022: -$127.9M-$127.9M2022+1%2023: -$115.3M-$115.3M2023−10%
Fiscal year201820192020202120222023
Revenue$79.5M6$59.1M7$90.9M5$381.2M5$473.3M5
Cost of revenue$71.0M6$54.4M7$96.8M5$377.7M5$449.7M5
Gross profit$8.6M6$4.6M7-$5.9M5$3.5M5$23.6M5
Research and development$24.8M6$29.5M7$40.6M5$47.5M5$40.3M5
Selling, general and admin$27.5M6$29.5M7$71.9M5$81.0M5$69.1M5
Operating expenses$112.5M5$128.5M5$128.1M5
Operating income-$43.7M6-$57.2M7-$118.4M5-$125.0M5-$104.5M5
Income before tax-$122.0M5-$99.6M5-$111.4M5
Income tax$19.0K6$48.0K7$231.0K5$59.0K5-$192.0K5
Net income-$43.9M6-$67.2M7-$126.2M5-$127.9M5-$115.3M5
Earnings per share-$0.656-$0.817-$1.045-$0.715-$0.615
Earnings per share (diluted)-$0.656-$0.817-$1.045-$0.715-$0.615
Shares (weighted, basic)121.8M shares5179.9M shares5187.9M shares5
Shares (weighted, diluted)121.8M shares5179.9M shares5187.9M shares5

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Corporate structure

Benson Hill, Inc. sits at the top of its group. 11 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Benson Hill, Inc.

  • Benson Hill, Inc. St. Louis, Missouri
    • Benson Hill Biosystem do Brasil—Inovacao Tecnologica LTDA Subsidiary · Brazil
    • Benson Hill Fresh, LLC Subsidiary · Delaware, United States
    • Benson Hill Holdings, Inc. Subsidiary · Delaware, United States
    • Benson Hill Ingredients, LLC Subsidiary · Delaware, United States
    • Benson Hill Seeds Holding, Inc. Subsidiary · Delaware, United States
    • Benson Hill Seeds, Inc. Subsidiary · Delaware, United States
    • BHB Holdings, LLC Subsidiary · North Carolina, United States
    • Dakota Dry Bean Inc. Subsidiary · North Dakota, United States
    • DDB Holdings, Inc. Subsidiary · Delaware, United States
    • J&J Southern Farms, Inc. Subsidiary · Florida, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Benson Hill, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$120.3M5 Dec 31, 2023$130.3M5 Dec 31, 2022−7.7%
Accumulated depreciation$41.3M5 Dec 31, 2023$30.6M5 Dec 31, 2022+35.1%
Property and equipment, net$79.0M5 Dec 31, 2023$99.8M5 Dec 31, 2022−20.8%
Finance-lease assets$59.2M5 Dec 31, 2023$66.5M5 Dec 31, 2022−11.0%
Operating-lease assets (leased space)$2.9M5 Dec 31, 2023$1.7M5 Dec 31, 2022+76.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$15.8M5 Dec 31, 2023$25.1M5 Dec 31, 2022−36.8%
Marketable securities, current$32.9M5 Dec 31, 2023$132.1M5 Dec 31, 2022−75.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$19.2M5 Dec 31, 2022$17.7M7 Dec 31, 2021+8.7%
Accumulated amortization$2.1M5 Dec 31, 2023$1.8M5 Dec 31, 2022+18.0%
Finite-lived intangibles, net$5.2M5 Dec 31, 2023$8.2M7 Dec 31, 2022−35.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$25.5M5 Dec 31, 2023$62.1M5 Dec 31, 2022−58.9%
Work in process$3.9M5 Dec 31, 2023$5.0M5 Dec 31, 2022−20.9%
Finished goods$11.0M5 Dec 31, 2023$19.6M5 Dec 31, 2022−43.9%

Leadership

Who has led Benson Hill, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Eric J. Scheyer2021
  2. Matthew B. Crisp2021–2023
  3. Adrienne Elsner2023–2024

President

  1. Craig Rohr2021
  2. Bruce Tyler Bennett2021–2023
  3. Matthew B. Crisp2021–2023

Chief financial officer

  1. Michael D. Wilds2021
  2. Deann L. Brunts2021–2022
  3. Dean P. Freeman2022–2024
  4. Susan Keefe2024
2025
Board members and other officers (19)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • BHB Holdings, LLC North Carolina3
  • Benson Hill Biosystem do Brasil—Inovacao Tecnologica LTDA Brazil3
  • Benson Hill Fresh, LLC Delaware3
  • Benson Hill Holdings, Inc. Delaware3
  • Benson Hill Ingredients, LLC Delaware3
  • Benson Hill Seeds Holding, Inc. Delaware3
  • Benson Hill Seeds, Inc. Delaware3
  • DDB Holdings, Inc. Delaware3
  • Dakota Dry Bean Inc. North Dakota3
  • J&J Southern Farms, Inc. Florida3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Star Peak Corp IINov 3, 2020 to Oct 1, 20212

Timeline

  1. Sep 3, 20258-K Bankruptcy or receivership; Executive or director change; Regulation FD disclosure35
  2. May 27, 20258-K Entered a material agreement; Bankruptcy or receivership; Completed an acquisition or sale36
  3. Mar 25, 20258-K Entered a material agreement; Bankruptcy or receivership; New debt or obligation37
  4. Feb 13, 20258-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale38
  5. Nov 12, 20248-K Results of operations39
  6. Oct 15, 20248-K Executive or director change40
  7. Sep 27, 20248-K Ended a material agreement; Regulation FD disclosure41
  8. Sep 9, 20248-K Regulation FD disclosure42
  9. Aug 13, 20248-K Listing notice or transfer; Regulation FD disclosure43
  10. Aug 8, 20248-K Results of operations44
  11. Jul 18, 20248-K Bylaws or fiscal year changed; Shareholder vote; Regulation FD disclosure45
  12. Jun 27, 20248-K Regulation FD disclosure46
  13. Jun 20, 2023New chief executive Adrienne Elsner becomes CEO10
  14. Oct 8, 2021New chief executive Matthew B. Crisp becomes CEO12
  15. Jan 5, 2021New chief executive Eric J. Scheyer becomes CEO11

Calendar

When it reported results

  1. Nov 12, 2024Reported quarterly or annual results39
  2. Aug 8, 2024Reported quarterly or annual results44
  3. May 9, 2024Reported quarterly or annual results47
  4. Mar 14, 2024Reported quarterly or annual results48
  5. Nov 9, 2023Reported quarterly or annual results49
  6. Aug 9, 2023Reported quarterly or annual results50
  7. May 10, 2023Reported quarterly or annual results51
  8. Mar 13, 2023Reported quarterly or annual results52

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

299 filings to the SEC since October 2021: 5 annual reports, 10 quarterly reports, 51 major events, 120 insider forms, 28 large holders, 85 other. The latest 20:

  1. Sep 3, 20258-K EDGAR
  2. May 27, 20258-K EDGAR
  3. May 23, 2025SCHEDULE 13D/A EDGAR
  4. Mar 25, 20258-K EDGAR
  5. Mar 21, 2025SCHEDULE 13D/A EDGAR
  6. Mar 18, 2025NT 10-K EDGAR
  7. Feb 14, 2025SCHEDULE 13G EDGAR
  8. Feb 13, 20258-K EDGAR
  9. Nov 12, 202410-Q EDGAR
  10. Nov 12, 20248-K EDGAR
  11. Nov 8, 2024SC 13G/A EDGAR
  12. Oct 16, 2024SC 13D/A EDGAR
  13. Oct 16, 2024SC 13D/A EDGAR
  14. Oct 15, 20248-K EDGAR
  15. Oct 1, 20244 EDGAR
  16. Sep 30, 20244 EDGAR
  17. Sep 27, 20248-K EDGAR
  18. Sep 9, 20248-K EDGAR
  19. Aug 23, 202425 25 (NYSE) EDGAR
  20. Aug 23, 20248-A12B 8-A12B (NASDAQ) EDGAR

The 299 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

19 open-market trades by officers, directors and large owners since October 2021: 5 buys and 14 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 2, 2024Fundler YevgenyChief Legal Officer/Corp SectySale18,872$0.15$2.8KForm 4
Sep 29, 2023Molly MontgomeryDirectorSale8,484$0.33$2.8KForm 4
Sep 29, 2023Bennett Bruce TylerPresident, IngredientsSale4,615$0.33$1.5KForm 4
Jul 3, 2023Molly MontgomeryDirectorSale23,510$1.24$29.2KForm 4
Mar 23, 2023Fundler YevgenyChief Legal Officer/Corp SectySale3,159$1.19$3.8KForm 4
Mar 23, 2023Bull JasonChief Technology OfficerSale5,326$1.19$6.3KForm 4
Mar 23, 2023Bennett Bruce TylerPresident, IngredientsSale5,061$1.19$6.0KForm 4
Mar 22, 2023Fundler YevgenyChief Legal Officer/Corp SectySale2,336$1.25$2.9KForm 4
Mar 22, 2023Bull JasonChief Technology OfficerSale3,939$1.25$4.9KForm 4
Mar 22, 2023Bennett Bruce TylerPresident, IngredientsSale3,743$1.25$4.7KForm 4
Mar 21, 2023Fundler YevgenyChief Legal Officer/Corp SectySale2,135$1.31$2.8KForm 4
Mar 21, 2023Bull JasonChief Technology OfficerSale3,599$1.31$4.7KForm 4
Mar 21, 2023Bennett Bruce TylerPresident, IngredientsSale3,420$1.31$4.5KForm 4
Feb 6, 2023Freeman Dean PChief Financial OfficerSale26,703$2.55$68.1KForm 4
Dec 14, 2022Crisp Matthew B.10% ownerBuy20,000$2.54$50.8KForm 4
Dec 12, 2022Freeman Dean PChief Financial OfficerBuy59,230$2.53$149.9KForm 4
Nov 16, 2022Crisp Matthew B.10% ownerBuy11,658$3.19$37.2KForm 4
Nov 15, 2022Freeman Dean PChief Financial OfficerBuy50,000$3.37$168.5KForm 4
Nov 15, 2022Crisp Matthew B.10% ownerBuy20,342$3.28$66.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$3.0M 2020–2020
Money received by yearMoney received by year, 2020–2020: $3.0M in all. PPP loans $3.0M.$0$1M$2M$3M2020 · PPP loans: $3.0M2020
Figures by year
YearPPP loansTotal
2020$3.0M$3.0M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA67. Matched to this company by name and state.

  1. Apr 14, 2020$3.0M PPP loan (first draw) from Silicon Valley Bridge Bank NA67To BENSON HILL, INC., Saint Louis MO; no forgiveness recorded

SEC filer profile

How Benson Hill, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBenson Hill, Inc.1
  • CIK0001830210
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2000 Food and Kindred Products1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1200 Research Boulevard, St. Louis, MO 631321
  • Phone314-222-82181
  • Shares outstanding6,114,020 as of Nov 7, 20249
  • Public float$247.0M as of Jun 30, 202368
  • On EDGAR sinceNov 3, 20201
  • Filings416 in all: 4 (91), 425 (59), 8-K (56), 424B3 (39), 3 (30), SC 13G/A (15), 10-Q (12), SC 13G (11)1
    All 41 form types

    CORRESP (10), EFFECT (9), UPLOAD (8), 144 (5), 3/A (5), 8-K/A (5), DEFA14A (5), 10-K (4), 424B4 (4), S-1 (4), S-4/A (4), 4/A (3), DEF 14A (3), POS AM (3), S-1/A (3), SC 13D/A (3), 10-K/A (2), 25-NSE (2), 8-A12B (2), ARS (2), CERT (2), S-8 (2), SC 13D (2), SCHEDULE 13D/A (2), 25 (1), 424B5 (1), DRS (1), NT 10-K (1), NT 10-Q (1), PRE 14A (1), S-3 (1), S-4 (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 15, 2024
    Quarterly report (10-Q) Nov 12, 2024
    Proxy statement (DEF 14A) Jun 14, 2024
    Latest 8-K (8-K) Sep 3, 2025

Sources

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