Clean Energy Fuels Reports Q3 2026 Earnings Growth and Raises Full-Year EBITDA Guidance
Clean Energy Fuels (CLNE) reported strong third-quarter results for 2026, highlighted by a significant improvement in Adjusted EBITDA to $27.2 million, up from $17.3 million in the prior year. This growth was largely driven by the recognition of Section 45Z production tax credits and increased Renewable Natural Gas (RNG) volumes, which grew 9% year-over-year to 66.8 million gallons. Following these results, the company raised its full-year 2026 Adjusted EBITDA guidance to a range of $75 million to $80 million, a $5 million increase over previous estimates due to higher tax credit values. While the company reported a net loss of $5.7 million per share, this represents a substantial improvement from the $23.8 million loss recorded in the same period last year.
Topics: EBITDA net loss revenue RNG production tax credits