Clean Energy Fuels (CLNE) Company Report

Clean Energy Fuels reported Q3 2025 revenue of $106 million and Adjusted EBITDA of $17 million, reaffirming its 2025 outlook.
The company maintained a strong balance sheet, ending the quarter with $232 million in cash and short-term investments.
Two of the largest dairy projects recently began initial operations, increasing the total number of RNG projects in operation to eight. Additionally, three new dairy RNG projects were initiated, projected to produce 3 million gallons annually once fully operational.
Clean Energy is advancing its heavy-duty truck initiatives, including the expansion of its demo truck program for the Cummins X15N engine and a partnership with Pioneer Clean Fleet Solutions to facilitate leasing of low-carbon heavy-duty vehicles.

Nov 4, 2025, 9:30 PM

Clean Energy Fuels Corp. Reports Q3 2025 Results

CLNE

Earnings

Guidance Update

New Projects/Investments

Clean Energy Fuels Corp. reported revenue of $106.1 million for Q3 2025, an increase from $104.9 million in Q3 2024. The company recorded a GAAP net loss of $(23.8) million, or $(0.11) per share, for Q3 2025, compared to a net loss of $(18.2) million, or $(0.08) per share, in Q3 2024.
Adjusted EBITDA was $17.3 million for Q3 2025, down from $21.3 million in Q3 2024.
The company sold 61.3 million RNG gallons in Q3 2025, representing a 3% increase compared to Q3 2024.
Clean Energy made a strategic investment in Pioneer Clean Fleet Solutions and broke ground on three new renewable natural gas production facilities expected to produce approximately three million gallons of RNG annually.
For the full year 2025, the company projects Adjusted EBITDA to be between $60 million and $65 million.

Nov 4, 2025, 9:15 PM

Clean Energy Fuels Expands Nationwide RNG and LNG Supply Through Major Fleet Contracts

CLNE

New Projects/Investments

Clean Energy Fuels Corp. is expanding its supply of renewable natural gas (RNG) and liquefied natural gas (LNG) through new agreements with diverse customers in the trucking, waste management, and space sectors across the U.S.
Notable contracts include a 2.5 million gallon annual RNG supply to USA Hauling & Recycling and a 250,000 gallon deal with Paper Transport for their trucking fleets. Apollo Energy Resources also committed to 480,000 gallons for transportation needs.
Republic Services is enhancing its RNG infrastructure with new fueling stations supporting 176 trucks across Colorado and Nevada.
The company's California and Texas LNG plants, including a recently expanded facility in Boron, California, with a capacity of up to 270,000 gallons of LNG per day, provide substantial capacity to meet growing demand.
Clean Energy highlights RNG as a proven, economical, and scalable solution for decarbonizing fleets immediately, offering significant cost savings compared to diesel.

Oct 30, 2025, 4:50 PM

Clean Energy Fuels Secures New RNG and LNG Supply Deals

CLNE

New Projects/Investments

Revenue Acceleration/Inflection

Clean Energy Fuels (CLNE) announced new agreements for the supply of renewable natural gas (RNG) and bulk liquefied natural gas (LNG) with various customers across multiple sectors.
Key RNG deals include USA Hauling & Recycling committing to 2.5 million gallons annually, United Dairymen of Arizona for 200,000 gallons annually, and Republic Services expanding its fueling portfolio with new stations and upgrades.
The company also secured new bulk LNG fueling agreements with Astrobotic for 100,000 gallons, Stoke Space for 120,000 gallons, and Apollo Energy Resources for 480,000 gallons.
These agreements, announced on October 30, 2025, reflect the continued momentum of RNG adoption and the growing demand for clean fuel alternatives, often including infrastructure development and upgrades.

Oct 30, 2025, 10:30 AM

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Quarterly earnings call transcripts for Clean Energy Fuels.

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