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Clean Energy Fuels

CLNE

Clean Energy Fuels Corp. is a leading renewable energy company specializing in the procurement and distribution of renewable natural gas (RNG) and conventional natural gas for the North American transportation market.

Market cap
$431.64M-4.3%
Revenue$438.6M+5.5%
Net income-$99.5M+50.2%
Free cash flow$28.7M+197%
EPS (diluted)-$0.46+47.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$111.3M
EPS estimate-$0.01

Financials

Q1 2026

Income statement

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Revenue$117.6M+13.3%
Operating income-$2.9M+97.7%
Net income-$12.4M+90.8%
EPS (diluted)-$0.06+90.0%

Balance sheet

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Cash & equivalents$57.7M-52.2%
Total debt$324.0M-12.0%
Total equity$558.1M-6.5%
Total assets$1.0B-7.1%

Cash flow

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Operating cash flow-$8.4M-136%
CapEx$6.9M-8.0%
Free cash flow-$15.3M-196%

Valuation & ratios

Valuation

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Market cap$431.64M-4.3%
Enterprise value$697.94M-2.7%
P/S-0.2×

Profitability

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Operating margin-8.3%-3.6pp
Net margin-22.7%-7.8pp
FCF margin6.5%

Returns & leverage

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Return on equity-17.2%-5.2pp
Debt / equity0.6×0.0×
Current ratio2.5×-0.4×

Segments

By product

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Volume Related Product Revenue$94.6M+11.7%
Volume Related Fuel Sales$79.6M+4.3%
Service$14.7M+9.0%
Volume Related Operations And Maintenance Service Revenue$14.2M+11.1%
Volume Related Renewable Identification Number Credits$10.1M+94.6%

By geography

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US$114.6M+11.6%
CA$3.0M+174%

By segment

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Single Reportable$117.6M+13.3%

Competitors

Profile

Clean Energy Fuels Corp. is a leading renewable energy company specializing in the procurement and distribution of renewable natural gas (RNG) and conventional natural gas for the North American transportation market. The company operates an extensive network of fueling stations to provide compressed natural gas (CNG) and liquefied natural gas (LNG) as sustainable alternatives to diesel and gasoline. Its core value proposition centers on reducing greenhouse gas emissions for heavy and medium-duty vehicle fleets while generating value through environmental credit markets.

Competitive position

North America's leading provider of RNG for the commercial transportation market with the largest network of natural gas fueling stations.

GeographiesUnited States, Canada
Customer segmentsCommercial transportation, Municipal government, Industrial and institutional
Business modelPhysical commodity distribution, Service and maintenance, Environmental credit trading
SuppliersDairy and livestock waste producers, Landfill operators, Anaerobic digester developers, Natural gas utilities
CustomersLogistics and trucking companies, Waste management firms, Municipal transit authorities, Aerospace and marine operators
Listed2007
Employees566.0
CEOBarclay F. Corbus
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Clean Energy Fuels's market cap?
Clean Energy Fuels (CLNE) has a market capitalization of $431.6M and trades on NASDAQ.
What is Clean Energy Fuels's revenue and profitability?
Clean Energy Fuels generated $438.6M in trailing twelve-month revenue with a net loss of $99.5M, representing a net margin of -22.7%. Gross margin stands at 40.2%, with free cash flow of $28.7M. These figures are based on the Q1 2026 filing.
Who are Clean Energy Fuels's competitors?
Clean Energy Fuels's key competitors include OPAL Fuels Inc., Chevron Corporation, Montauk Renewables, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Clean Energy Fuels partner with?
Clean Energy Fuels's notable partners include TotalEnergies S.E., BP Products North America, Maas Energy.
Where is Clean Energy Fuels headquartered?
Clean Energy Fuels is headquartered in United States of America and employs approximately 566 people. It has been publicly traded since 2007.