Clean Energy Reports Revenue of $112.2 Million and 66.8 Million RNG Gallons Sold for the Third Quarter of 2026
Business Wire•05/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $112.2 million, up from $106.1 million year over year
- ➤Adjusted EBITDA $27.2 million, versus $17.3 million in Q3 2025
- ➤2026 adjusted EBITDA outlook raised to $75 million-$80 million
- ➤RNG gallons sold 66.8 million, up 9.0% year over year
- ➤$30.7 million federal tax-credit sale closed, the company’s largest ITC sale
Expert Statements
Clay Corbus, President and Chief Executive Officer of Clean Energy Fuels
“The value of our dairy RNG investments and station network was underscored by our solid third quarter results.”
Clay Corbus, President and Chief Executive Officer of Clean Energy Fuels
“Our priority is to scale production and deliveries to drive sustained earnings growth and long-term shareholder value.”
Clay Corbus, President and Chief Executive Officer of Clean Energy Fuels
“Favorable developments in the quarter supported a significant 45Z production tax credit contribution to Adjusted EBITDA, and we expect continued contributions from 45Z through at least 2029.”
Clay Corbus, President and Chief Executive Officer of Clean Energy Fuels
“We also monetized PTC and ITC credits associated with our dairy RNG portfolio, further strengthening our cash position during the quarter.”
Clay Corbus, President and Chief Executive Officer of Clean Energy Fuels
“Meanwhile, our core recurring RNG and conventional natural gas fuel sales, construction and operating services businesses continued to perform in line with our expectations.”
Clean Energy Reports Revenue of $112.2 Million and 66.8 Million RNG Gallons Sold for the Third Quarter of 2026
Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean Energy” or the “Company”) today announced its operating results for the third quarter of 2026.
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