Clean Energy Fuels Corp (CLNE) financials
Clean Energy Fuels revenue and earnings by year
Clean Energy Fuels's revenue was $425 million in the fiscal year to December 31, 2025, up 2.2% from the year before. Net income was -$222 million, -52.3% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 0.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 425 | 416 | 425 | 420 | 256 | 292 | 344 | 346 | 342 | 403 |
| Revenue growth | 2.2% | -2.2% | 1.2% | 64.4% | -12.4% | -15.2% | -0.7% | 1.4% | -15.2% | — |
| Gross profit | 115 | 128 | 82 | 112 | 40 | 106 | 132 | 133 | 99 | 147 |
| Gross margin | 27.0% | 30.9% | 19.2% | 26.8% | 15.7% | 36.4% | 38.4% | 38.5% | 29.0% | 36.5% |
| Operating income | -160 | -36 | -76 | -52 | -95 | -10 | 10 | 4 | -134 | -18 |
| Operating margin | -37.6% | -8.7% | -18.0% | -12.3% | -37.2% | -3.4% | 2.9% | 1.1% | -39.4% | -4.4% |
| Net income | -222 | -83 | -99 | -59 | -93 | -10 | 20 | -4 | -79 | -12 |
| Net margin | -52.3% | -20.0% | -23.4% | -14.0% | -36.4% | -3.4% | 5.9% | -1.1% | -23.2% | -3.0% |
| Diluted EPS | -$1.01 | -$0.37 | -$0.45 | -$0.26 | -$0.44 | -$0.05 | $0.10 | -$0.02 | -$0.53 | -$0.09 |
| Free cash flow | 31 | -15 | -77 | 14 | 15 | 52 | -7 | 13 | -41 | 23 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CLNE in Markets.
How Clean Energy Fuels makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Volume Related Product Revenue | $75.1M | 70.6% |
| Station Construction Sales | $16.0M | 15.1% |
| Volume Related Operations & Maintenance Service Revenue | $14.8M | 13.9% |
| Other Service Revenue Source | $460K | 0.4% |
See also: CLNE returns
No forecast, no recommendation. This page describes Clean Energy Fuels Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.