Filing Flows

Filing Flows › Clene (CLNN) › How it makes money

How Clene (CLNN) makes money

Clene (CLNN) made $56K of revenue in the third quarter 2026 (Q3 2026), +273% from a year earlier. Product brought in $43K (77%); Royalty brought in $13K (23%).

Drawing the Sankey…

Clene revenue by segment, Q3 2026Clene revenue by segment, Q3 2026Product$43KRoyalty$13K
Clene: revenue by line, Q1 2025 to Q3 2026Clene: revenue by line, Q1 2025 to Q3 2026ProductRoyaltyProduct: $43K latest$43KRoyalty: $13K latest$13KQ1 2025Q2 2025Q4 2025Q1 2026Q2 2026Q3 2026
Royalty went from 21% of revenue in Q1 2025 to 23% in Q3 2026, the largest shift in the mix.
Clene revenue by quarterClene revenue by quarter$81KQ1 2025$27KQ2 2025$15KQ3 2025$77KQ4 2025$15KQ1 2026$90KQ2 2026$56KQ3 2026

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Product$43K76.8%-42%—
Royalty$13K23.2%-19%-13%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$56K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$56K+273%
Q2 2026$90K+233%
Q1 2026$15K-82%
Q4 2025$77K-15%
Q3 2025$15K-83%
Q2 2025$27K-70%
Q1 2025$81K+11%

From Clene's 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Clene make money?

Clene (CLNN) made $56K of revenue in the third quarter 2026 (Q3 2026), +273% from a year earlier. Product brought in $43K (77%); Royalty brought in $13K (23%).

What is Clene's biggest business?

Product: $43K in the third quarter 2026, 77% of revenue.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.