Filing Flows › Clean Energy Fuels (CLNE) › Q3 2026 › vs Q3 2025
Clean Energy Fuels (CLNE) Q3 2026 vs Q3 2025 (year over year)
Clean Energy Fuels's revenue rose $6.0M (+6%) from $106M in Q3 2025 to $112M in Q3 2026. The biggest changes: Product +$5.1M (+6%); Service +$333K (+2%); Other services −$165K (-26%).
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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 25.3% | 6.1% | +19.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Fuel Sales | $74.0M | $69.9M | $4.2M | +6% |
| RIN Credits | $11.2M | $8.3M | $2.9M | +34% |
| Station construction sales | $6.2M | $9.9M | −$3.6M | -37% |
| LCFS Credits | $4.8M | $3.1M | $1.7M | +53% |
| Product | $96.3M | $91.2M | $5.1M | +6% |
| Service | $15.6M | $15.2M | $333K | +2% |
| Other services | $476K | $641K | −$165K | -26% |
| Revenue | $112M | $106M | $6.0M | +6% |
| Net loss | $1.9M | $24.0M | −$22.1M | -92% |
| Costs & expenses | $114M | $130M | −$16.0M | -12% |
| Operating costs | $111M | $120M | −$8.6M | -7% |
| Interest & other, net | $2.8M | $10.3M | −$7.5M | -73% |
| Income tax | $77K | $75K | $2K | +3% |
| SG&A | $29.7M | $26.3M | $3.4M | +13% |
| Other operating costs | $81.5M | $93.5M | −$12.0M | -13% |
| Operating cash sources | $38.1M | $37.1M | $1.0M | +3% |
| Depreciation & amortization | $10.6M | $14.7M | −$4.1M | -28% |
| Share-based compensation | $2.4M | $2.2M | $166K | +8% |
| Working capital & other | $25.2M | $20.2M | $5.0M | +25% |
| Net loss absorbed | $1.9M | $24.0M | −$22.1M | -92% |
| Operating cash flow | $36.2M | $13.1M | $23.1M | +176% |
| Free cash flow (OCF − capex) | $28.4M | $6.5M | $21.9M | +339% |
| Capital expenditures | $7.8M | $6.6M | $1.1M | +17% |
Questions
How much did Clean Energy Fuels's revenue grow year over year in Q3 2026?
Clean Energy Fuels's revenue rose $6.0M (+6%) from $106M in Q3 2025 to $112M in Q3 2026.
What drove Clean Energy Fuels's revenue change in Q3 2026?
Product +$5.1M (+6%); Service +$333K (+2%); Other services −$165K (-26%).