Filing Flows › Clean Energy Fuels (CLNE) › Q2 2026 › vs Q2 2025
Clean Energy Fuels (CLNE) Q2 2026 vs Q2 2025 (year over year)
Clean Energy Fuels's revenue rose $3.7M (+4%) from $103M in Q2 2025 to $106M in Q2 2026. The biggest changes: Product +$3.7M (+4%); Service −$288K (-2%).
Clean Energy Fuels, Q2 2026: revenue $106M (+4% year over year), operating margin -4.8%, net loss $15.0M, operating cash flow $28.8M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 23.6% | 30.2% | -6.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Fuel Sales | $61.1M | $67.9M | −$6.7M | -10% |
| Station construction sales | $16.0M | $7.9M | $8.2M | +103% |
| Volume-related, O&M services | $14.8M | $14.9M | −$99K | -0.7% |
| RIN Credits | $10.2M | $9.2M | $1.0M | +11% |
| LCFS Credits | $4.0M | $2.7M | $1.3M | +47% |
| Other services | $460K | $649K | −$189K | -29% |
| Product | $91.4M | $87.7M | $3.7M | +4% |
| Service | $15.2M | $15.5M | −$288K | -2% |
| Revenue | $106M | $103M | $3.7M | +4% |
| Net loss | $15.0M | $20.4M | −$5.4M | -26% |
| Costs & expenses | $121M | $123M | −$1.6M | -1% |
| Operating costs | $111M | $112M | −$358K | -0.3% |
| Interest & other, net | $9.8M | $11.1M | −$1.3M | -12% |
| Income tax | $128K | $72K | $56K | +78% |
| SG&A | $24.6M | $27.5M | −$2.9M | -10% |
| Other operating costs | $86.9M | $84.4M | $2.5M | +3% |
| Operating cash sources | $43.8M | $56.3M | −$12.5M | -22% |
| Depreciation & amortization | $10.7M | $10.0M | $720K | +7% |
| Share-based compensation | $2.3M | $2.4M | −$151K | -6% |
| Working capital & other | $30.9M | $43.9M | −$13.1M | -30% |
| Net loss absorbed | $15.0M | $20.4M | −$5.4M | -26% |
| Operating cash flow | $28.8M | $35.9M | −$7.1M | -20% |
| Free cash flow (OCF − capex) | $25.1M | $30.9M | −$5.8M | -19% |
| Capital expenditures | $3.6M | $5.0M | −$1.3M | -27% |
Questions
How much did Clean Energy Fuels's revenue grow year over year in Q2 2026?
Clean Energy Fuels's revenue rose $3.7M (+4%) from $103M in Q2 2025 to $106M in Q2 2026.
What drove Clean Energy Fuels's revenue change in Q2 2026?
Product +$3.7M (+4%); Service −$288K (-2%).