Investor Relations

Latest financial results

May 8, 2025 • 4:05 PM EDT

Q1 2025 Quarterly Results

Quarter Ended Mar 31, 2025

Earnings Release PDF
Earnings Webcast
10-Q PDF XBRL Zip
$103.8M

Revenue

$(135.0)M

Net loss

$17.1M

Adjusted EBITDA

For complete information regarding our financials, see our periodic filings

Vertically integrated RNG solutions

At Clean Energy, we’re decarbonizing transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste.

With 600+ fueling stations across North America, we’re the nation’s largest provider of RNG for the transportation market. Over 50,000 heavy-duty trucks, buses, and other large vehicles fuel with us every day. To support our extensive portfolio of fueling customers, we source RNG through 3rd-party supply contracts and our own investment in dairy RNG production facilities. RNG produced from dairy manure achieves a negative carbon-intensity rating, making it the most powerful solution currently available to reduce greenhouse gas emissions.

Stock information

Clean Energy Fuels Corp.

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View detailed stock information

Latest financial results

Q1 2025

Quarter Ended Mar 31, 2025

Latest annual filing

For Fiscal Year Ending Dec 31, 2024

View 10-K
$103.8M

Revenue

$(135.0)M

Net loss

$17.1M

Adjusted EBITDA

For complete information regarding our financials, see our periodic filings

YoY fuel volume sold

Fuel Volume, GGEs1 Sold

In millions

Year RNG<sup>2</sup> Conventional natural gas<sup>2</sup> Total fuel volume
2021 167 78.8 245.8
2022 198.2 69.6 267.8
2023 225.7 62.5 288.2
2024 236.7 60.8 297.5

As of Dec. 31, 2024 • 10-K 2024

1 GGEs are calculated based on the conversion rate of one MMBTU equaling eight GGEs.

2 RNG is procured from third-party sources and from the DR JV, one of our jointly owned RNG production facilities (see Note 4), and conventional natural gas is sourced from third-party suppliers.

For complete information regarding our financials, see our periodic filings.

Latest news

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Clean Energy Reports Revenue of $103.8 Million and 50.6 Million RNG Gallons Sold for the First Quarter of 2025
View all news

Latest presentation

Clean Energy Company Presentation February 2025

Latest event

First Quarter 2025 Conference Call
View all events

From farm to fleet

Our vertically integrated business model begins in dairies and ends in commercial vehicles.

Dairies

We actively invest in dairy RNG projects across the country, providing farms with an alternative revenue stream while reducing their methane emissions.

Learn how we work with dairy farms

Renewable Natural Gas (RNG)

We capture methane from dairy manure, process and purify it into RNG, and then distribute RNG through our nationwide station network.

Learn how RNG is made

Hydrogen

The RNG we produce can also be used as a feedstock for hydrogen. RNG is currently the only pathway to producing negative carbon-intensity hydrogen.

Learn how far RNG can go

Fleets

Fueling commercial vehicles with renewable natural gas results in a variety of benefits from sustainability, affordability, and easier maintenance.

Learn how RNG benefits fleets

Working together to reduce carbon

Our blue chip customer base

Our partnerships with energy leaders

We produce and distribute sustainable fuel

At the heart of our sustainability strategy is a two-pronged approach: to decarbonize transportation by capturing waste-methane emissions. In the US, livestock manure and landfills account for 23% of methane emissions, and the transportation industry is responsible for 35% of all greenhouse gases. Renewable natural gas elegantly solves both.

Browse our sustainability reports

IR contacts

Corporate office

Clean Energy Fuels Corp.
4675 MacArthur Court
Suite 800
Newport Beach, CA 92660

Investor contact

Thomas Driscoll
Thomas.Driscoll@cleanenergyfuels.com
T: 949-437-1191

Transfer agent

Computershare Trust Company, N.A.
T: 303-262-0600