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Companies / Energy / Clean Energy Fuels Corp.
CLNE

Clean Energy Fuels Corp.

EnergyElectric, Gas & Water
Ticker CLNENEWPORT BEACH, CAFiscal year ends DecemberBook value per share $2.55Diluted shares 220.1M

Clean Energy Fuels Corp. (Nasdaq: CLNE) procures and distributes renewable natural gas (RNG) and conventional natural gas as compressed natural gas (CNG) and liquefied natural gas (LNG) for transportation markets in the United States and Canada. RNG is produced from biogas captured at sources including dairy farms and… From the company’s description.

Over the twelve months to Sep 30, 2026, Clean Energy Fuels Corp. reported revenue of $448.41M, up 6.3% from a year earlier, and a net loss of $72.68M. Its operating margin was −4.0%, and operations generated $69.71M in cash. In fiscal 2025, it reported revenue of $424.83M, up 2.2% from fiscal 2024, and a net loss of $222.64M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$424.83MFY2025
+2.2% year over year
Last 12 mo $448.41M
-37.63%FY2025
−28.9 percentage points
Last 12 mo -3.96%
$-222.64MFY2025
−166.0% year over year
Last 12 mo $-72.68M
-28.05%FY2025
−16.4 percentage points
Last 12 mo -13.56%
Cash & financing
$85.53MFY2025
+32.4% year over year
Last 12 mo $69.71M
$25.64MFY2025
+266.8% year over year
Last 12 mo $35.71M
0.41FY2025
Was 0.38× a year earlier
Last 12 mo 0.39
220.6MFY2025
−1.2% year over year
Last 12 mo 220.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Clean Energy Fuels Corp. does

In the company’s own words

Clean Energy Fuels Corp. (Nasdaq: CLNE) procures and distributes renewable natural gas (RNG) and conventional natural gas as compressed natural gas (CNG) and liquefied natural gas (LNG) for transportation markets in the United States and Canada. RNG is produced from biogas captured at sources including dairy farms and landfills; the company also develops and operates RNG projects and generates environmental credits when RNG is dispensed as vehicle fuel. Its customers include commercial fleets in trucking, refuse, transit and airport markets, as well as industrial and institutional users of natural gas. Other services include designing, building, operating and maintaining fueling stations, selling fueling equipment, and transporting CNG to sites without pipeline access. In 2025, the company delivered fuel through 582 stations in the United States and 27 in Canada, and served more than 1,200 fleet customers operating over 65,000 vehicles. RNG accounted for 88% of vehicle fuel sales in 2025. Clean Energy also sells LNG for marine, industrial, rail, utility and rocket-propulsion uses. Its website is www.cleanenergyfuels.com.

Company details
Sector
Energy
Industry (SIC)
Electric, Gas & Water
Headquarters
NEWPORT BEACH, CA
Fiscal year end
December
CIK
1368265
SIC
4932

Financial performance, year by year

Fiscal 2011–2025 · USD
$-289.74M$-88.43M$112.89M$314.20M$515.52M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Clean Energy Fuels Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

158
funds hold it
0 of 35
superinvestors hold it
$96.45M
held by funds, at market
20.8%
of shares held by funds

Largest fund holders · Clean Energy Fuels Corp.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
GMO Climate Change Fund
GCCHX · GMO TRUST
—of fund net assets
0.19%of fund net assets
GMO Resources Fund
GOFIX · GMO TRUST
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Clean Energy Fuels Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Clean Energy Fuels Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Clean Energy Fuels Corp.'s last four quarterly filings that the numbers alone won't show?”
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