Earnings Releases·Nov 5, 2026, 4:15 PM ET

Clean Energy Fuels Corp. — Third Quarter 2026 Earnings Summary

Revenue rose to $112.2 million in Q3 2026 from $106.1 million in Q3 2025, while net loss narrowed to $(5.7) million versus $(23.8) million in the prior year period.
Adjusted EBITDA increased to $27.2 million from $17.3 million year-over-year, driven by a $12.7 million reduction in product cost of sales due to Section 45Z Production Tax Credits.
The company raised its full-year 2026 adjusted EBITDA guidance to $75–$80 million from the previous $70–$75 million range.
Strategic capital activities included the partial repayment of $15 million in long-term debt and the sale of $30.7 million in federal tax credits, the company's largest ITC sale to date.
Operational growth was supported by a 9.0% increase in RNG gallons sold to 66.8 million and the award of a $27.5 million contract for a new hydrogen fueling station in California.