Filing Flows › Clean Energy Fuels (CLNE) › Q3 2026 › vs Q2 2026
Clean Energy Fuels (CLNE) Q3 2026 vs Q2 2026 (quarter over quarter)
Clean Energy Fuels's revenue rose $5.8M (+5%) from $106M in Q2 2026 to $112M in Q3 2026. The biggest changes: Product +$4.9M (+5%); Service +$362K (+2%); Other services +$16K (+3%).
Clean Energy Fuels, Q3 2026: revenue $112M (+6% year over year), operating margin 0.9%, net loss $1.9M, operating cash flow $36.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 25.3% | 23.6% | +1.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Fuel Sales | $74.0M | $61.1M | $12.9M | +21% |
| RIN Credits | $11.2M | $10.2M | $961K | +9% |
| Station construction sales | $6.2M | $16.0M | −$9.8M | -61% |
| LCFS Credits | $4.8M | $4.0M | $834K | +21% |
| Product | $96.3M | $91.4M | $4.9M | +5% |
| Service | $15.6M | $15.2M | $362K | +2% |
| Other services | $476K | $460K | $16K | +3% |
| Revenue | $112M | $106M | $5.8M | +5% |
| Net loss | $1.9M | $15.0M | −$13.1M | -87% |
| Costs & expenses | $114M | $121M | −$7.3M | -6% |
| Operating costs | $111M | $111M | −$275K | -0.2% |
| Interest & other, net | $2.8M | $9.8M | −$7.0M | -71% |
| Income tax | $77K | $128K | −$51K | -40% |
| SG&A | $29.7M | $24.6M | $5.1M | +21% |
| Other operating costs | $81.5M | $86.9M | −$5.4M | -6% |
| Operating cash sources | $38.1M | $43.8M | −$5.7M | -13% |
| Depreciation & amortization | $10.6M | $10.7M | −$120K | -1% |
| Share-based compensation | $2.4M | $2.3M | $107K | +5% |
| Working capital & other | $25.2M | $30.9M | −$5.7M | -18% |
| Net loss absorbed | $1.9M | $15.0M | −$13.1M | -87% |
| Operating cash flow | $36.2M | $28.8M | $7.4M | +26% |
| Free cash flow (OCF − capex) | $28.4M | $25.1M | $3.3M | +13% |
| Capital expenditures | $7.8M | $3.6M | $4.1M | +113% |
Questions
How much did Clean Energy Fuels's revenue grow quarter over quarter in Q3 2026?
Clean Energy Fuels's revenue rose $5.8M (+5%) from $106M in Q2 2026 to $112M in Q3 2026.
What drove Clean Energy Fuels's revenue change in Q3 2026?
Product +$4.9M (+5%); Service +$362K (+2%); Other services +$16K (+3%).