The earnings call presented a mixed sentiment with several achievements including improved gross margins, expansion across product lines, successful testing and new orders from major clients. However, challenges such as reduced revenue, increased net loss, and higher cash usage were also highlighted. The company appears to be on a path of growth, but the financial challenges indicate a need for cautious optimism.

Company Guidance

In the third quarter of 2025, ClearSign Technologies reported approximately $1 million in revenues, a decrease from $1.9 million in the same period in 2024, largely due to a significant order in 2024 that accounted for about 50% of that year's annual revenue. Despite the drop in sales, the company witnessed a 6.1 percentage point increase in gross margin year-over-year, aligning with their long-term strategy to target gross margins of 40% to 45%. Meanwhile, net loss increased by approximately $274,000 due to lower sales volume, and net cash used in operations was $1.8 million compared to $1.4 million the previous year. As of September 30, 2025, ClearSign held $10.5 million in cash and cash equivalents, with 52.5 million shares of common stock outstanding. The company attributed the uptick in order flow to regulatory pressures in Texas and California, along with the evolving and maturing product portfolio gaining acceptance from major clients.

Improved Gross Margin

Gross margin increased by approximately 6.1 percentage points in Q3 2025 compared to the same period in 2024. Year-to-date Q3 2025 gross profit margin increased 5.3 percentage points compared to 2024, aligning with the company's long-term strategy of targeting margins between 40% and 45%.

Expansion Across Product Lines

An uptick in order flow across major product lines, including process burners, flares, and the new M series line, is driven by regulatory pressures and increased customer trust.

Successful Completion of Hydrogen Burner Testing

Completed testing for a 100% hydrogen-capable burner for a petrochemical client, showcasing versatility and robustness, aligning with global fuel requirements.

New Orders from Major Clients

Received engineering orders from a new super major for retrofit of process heaters in California and an integrated petroleum producer for 36 burners in the U.S. Gulf Coast.

Progress in Sensor Product Line

The ClearSign Eye sensor product is operational in a client's team and has led to further quoting opportunities for a sister refinery.

Strong Relationship with Zeeco

Continued support and collaboration with Zeeco, including extensive testing and fabrication of burners, leading to potential new proposals from Zeeco's sales team.

ClearSign Combustion (CLIR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CLIR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 08, 2026	2025 (Q4)	-0.03 / -	-0.04	―	―	―
Nov 19, 2025	2025 (Q3)	-0.04 / -0.03	-0.02	-50.00% (>-0.01)	―
Aug 14, 2025	2025 (Q2)	-0.04 / -0.03	-0.04	25.00% (+0.01)	―
May 21, 2025	2025 (Q1)	- / -0.04	-0.03	-33.33% (-0.01)	―
Apr 02, 2025	2024 (Q4)	-0.03 / -0.04	-0.03	-33.33% (-0.01)	―
Nov 20, 2024	2024 (Q3)	-0.03 / -0.02	-0.03	33.33% (<+0.01)	―
Aug 21, 2024	2024 (Q2)	-0.04 / -0.04	-0.04	0.00% (0.00)	―
May 23, 2024	2024 (Q1)	- / -	-0.04	―	―
Apr 23, 2024	2023 (Q4)	-0.03 / -0.03	-0.04	25.00% (+0.01)	―
Nov 14, 2023	2023 (Q3)	-0.04 / -0.03	-0.03	0.00% (0.00)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CLIR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 19, 2025	$0.86	$0.82	-4.65%
Aug 14, 2025	$0.61	$0.56	-8.20%
May 21, 2025	$0.71	$0.62	-12.68%
Apr 02, 2025	$0.73	$0.61	-16.44%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does ClearSign Combustion (CLIR) report earnings?

ClearSign Combustion (CLIR) is schdueled to report earning on Apr 08, 2026, After Close (Confirmed).

What is ClearSign Combustion (CLIR) earnings time?

ClearSign Combustion (CLIR) earnings time is at Apr 08, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CLIR EPS forecast?

CLIR EPS forecast for the fiscal quarter 2025 (Q4) is -0.03.

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