Clean Energy Fuels Corp. (CLNE) Financial Statements
Industry: Gas & Other Services Combined
In fiscal 2025, Clean Energy Fuels reported revenue of $424.8M, up 2.2% from $415.9M the year before. Net income was -$222.0M (a -52.3% net margin), or -$1.01 per diluted share. Gross margin was -37.6% and operating margin was -37.6%. Operating activities generated $85.5M of cash, leaving $59.9M of free cash flow. At fiscal year end, Clean Energy Fuels held $1.06B in total assets against $491.6M in total liabilities, including $155.6M of cash and equivalents.
Open the full interactive Clean Energy Fuels financials → Quarterly statements, key ratios, valuation history and price charts.
Clean Energy Fuels Key Stats
| Share Price | $1.43 |
|---|---|
| Market Cap | $315.0M |
| Revenue YoY Growth | +2.2% |
| 52-Week Range | $1.41 – $3.06 |
| Shares Outstanding | 220.3 million (basic, 2026 Q2) |
Clean Energy Fuels Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $291.7M | $255.6M | $420.2M | $425.2M | $415.9M | $424.8M |
| Cost of Goods Sold | $301.6M | $350.7M | $471.9M | $501.6M | $452.2M | $584.7M |
| Gross Profit | -$9.8M | -$95.0M | -$51.7M | -$76.4M | -$36.4M | -$159.9M |
| Operating Income | -$9.8M | -$95.0M | -$51.7M | -$76.4M | -$36.4M | -$159.9M |
| Pre-Tax Income | -$11.2M | -$94.0M | -$59.4M | -$100.5M | -$81.0M | -$225.5M |
| Income Tax | $309,000 | $119,000 | $220,000 | -$423,000 | $2.7M | -$2.8M |
| Net Income | -$9.9M | -$93.1M | -$58.7M | -$99.5M | -$83.1M | -$222.0M |
| Diluted EPS | -$0.05 | -$0.44 | -$0.26 | -$0.45 | -$0.37 | -$1.01 |
Clean Energy Fuels Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $106.1M | $112.3M | $117.6M | $106.4M |
| Net Income | -$23.8M | -$43.0M | -$12.4M | -$14.9M |
| Diluted EPS | -$0.11 | -$0.19 | -$0.06 | -$0.07 |
Clean Energy Fuels Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $109.0M | $99.4M | $124.0M | $104.9M | $89.5M | $155.6M |
| Current Assets | $263.0M | $409.9M | $471.7M | $470.2M | $413.8M | $350.3M |
| Total Assets | $715.0M | $957.1M | $1.08B | $1.26B | $1.24B | $1.06B |
| Current Liabilities | $79.8M | $125.9M | $148.1M | $163.8M | $154.7M | $151.2M |
| Total Long-Term Debt | $85.7M | $36.1M | $145.6M | $261.2M | $265.4M | $226.8M |
| Total Liabilities | $192.2M | $201.7M | $354.9M | $525.8M | $524.4M | $491.6M |
| Shareholders' Equity | $513.5M | $747.1M | $720.0M | $726.8M | $713.3M | $559.4M |
Clean Energy Fuels Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $61.0M | $41.3M | $66.7M | $43.8M | $64.6M | $85.5M |
| Cash From Investing | $24.2M | -$207.7M | -$148.5M | -$202.0M | -$77.7M | $63.1M |
| Cash From Financing | -$18.7M | $152.8M | $101.6M | $139.1M | -$1.9M | -$82.1M |
| Free Cash Flow | $47.8M | $18.2M | $22.2M | -$57.2M | -$418,000 | $59.9M |
Figures from Clean Energy Fuels' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Clean Energy Fuels financials page for every line item.
Clean Energy Fuels Company Profile
| Ticker | CLNE |
|---|---|
| Exchange | Nasdaq |
| Industry | Gas & Other Services Combined |
| Headquarters | Newport Beach, California |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001368265 |
Frequently Asked Questions
What was Clean Energy Fuels' revenue in fiscal 2025?
Clean Energy Fuels (CLNE) reported revenue of $424.8M for fiscal 2025.
What is Clean Energy Fuels' annual revenue history?
Clean Energy Fuels' annual revenue by fiscal year: 2020: $291.7M; 2021: $255.6M; 2022: $420.2M; 2023: $425.2M; 2024: $415.9M; 2025: $424.8M.
What was Clean Energy Fuels' net income in fiscal 2025?
Clean Energy Fuels reported net income of -$222.0M for fiscal 2025.
What was Clean Energy Fuels' earnings per share (EPS) in fiscal 2025?
Clean Energy Fuels' diluted EPS was -$1.01 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Clean Energy Fuels generate in fiscal 2025?
Clean Energy Fuels generated $59.9M of free cash flow in fiscal 2025.
What was Clean Energy Fuels' revenue last quarter?
In its most recent reported quarter (2026 Q2), Clean Energy Fuels reported revenue of $106.4M.
How much debt does Clean Energy Fuels have?
Clean Energy Fuels reported $226.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Clean Energy Fuels are outstanding?
Clean Energy Fuels reported a weighted average of 220.3 million basic shares outstanding in 2026 Q2.
What is Clean Energy Fuels' market cap?
Based on its latest closing price, Clean Energy Fuels (CLNE) has a market capitalization of about $315.0M.
When does Clean Energy Fuels' fiscal year end?
Clean Energy Fuels' fiscal year end, as registered with the SEC, is December 31.
Where is Clean Energy Fuels headquartered?
Clean Energy Fuels lists its business address in Newport Beach, California in its SEC filings.