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Clean Energy Reports Revenue of $106.4 Million and 63.2 Million RNG Gallons Sold for the Second Quarter of 2026

  • Clean Energy Fuels Corp. reported Q2 2026 revenue of $106.4 million, an increase from $102.6 million in Q2 2025.
  • The company posted a GAAP net loss of $(14.9) million, or $(0.07) per share, for Q2 2026, compared to a loss of $(20.2) million, or $(0.09) per share, in the prior year period.
  • Adjusted EBITDA for Q2 2026 was $16.0 million, down from $17.5 million in Q2 2025.
  • Cash, cash equivalents, and short-term investments totaled $138.0 million as of June 30, 2026, a decrease from $156.1 million at the end of 2025.
  • Bart Frabotta was appointed as the new Chief Operating Officer.
  • Clean Energy secured two contracts to design liquefied natural gas fueling systems in Puerto Rico to support pharmaceutical manufacturing and a six-megawatt combined heat and power plant.
  • The company expanded its RNG station network to six new locations in California, New Jersey, Oklahoma, Michigan, and Washington.
  • RNG gallons sold reached 63.2 million in Q2 2026, representing a 2.9% year-over-year increase.
  • Revenue included a $9.6 million reduction due to non-cash Amazon warrant charges, down from $17.4 million in Q2 2025, while station construction revenue rose to $16.0 million from $7.8 million.
  • RIN and LCFS revenues totaled $14.2 million in Q2 2026, up from $11.9 million in Q2 2025, driven by higher volumes, prices, and the consolidated dairy RNG project.
  • The 2026 outlook forecasts a GAAP net loss between $(66) million and $(71) million, with Adjusted EBITDA projected between $70 million and $75 million.
  • Non-GAAP income per share for Q2 2026 was $(0.01), compared to $0.00 per share in Q2 2025.
  • Total fuel volume sold in Q2 2026 was 81.8 million GGEs, comprising 63.2 million GGEs of RNG and 18.6 million GGEs of conventional natural gas.
  • The company announced a conference call for investors on August 5, 2026, at 4:30 p.m. Eastern time.