Clean Energy Fuels ( (CLNE) ) has released its Q2 earnings. Here is a breakdown of the information Clean Energy Fuels presented to its investors.
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Clean Energy Fuels Corp., a leading provider of renewable natural gas (RNG) for the transportation sector, is dedicated to reducing greenhouse gas emissions through its extensive network of fueling stations across the U.S. and Canada.
In its latest earnings report for the second quarter of 2025, Clean Energy Fuels Corp. reported a revenue of $102.6 million, marking an increase from the previous year’s $98.0 million. Despite this revenue growth, the company faced a net loss of $20.2 million, up from $16.3 million in the same quarter of 2024.
Key highlights from the report include the sale of 61.4 million gallons of RNG, a 7.5% increase year-over-year, and the execution of new RNG supply agreements with major transit fleets and municipalities. The company also repurchased nearly 5 million shares under its Share Repurchase Program. However, the adjusted EBITDA slightly decreased to $17.5 million from $18.9 million in the previous year, influenced by higher Amazon warrant charges and a decrease in RIN and LCFS revenues.
Looking ahead, Clean Energy Fuels Corp. remains optimistic about the growing demand for RNG as a clean transportation fuel. The company anticipates continued momentum, supported by strategic partnerships and legislative support, as it navigates the evolving energy landscape.