Clean Energy Fuels (CLNE) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Clean Energy Fuels Revenue Highlights

Latest Revenue (Y)

$425.16M

Latest Revenue (Q)

$104.88M

Main Segment (Y)

Product revenue

Main Geography (Y)

United States

Clean Energy Fuels Revenue by Period

Clean Energy Fuels Revenue by Year

Date	Revenue	Change
2023-12-31	$425.16M	1.19%
2022-12-31	$420.16M	64.35%
2021-12-31	$255.65M	-12.37%
2020-12-31	$291.72M	-15.21%
2019-12-31	$344.06M	-0.68%
2018-12-31	$346.42M	1.41%
2017-12-31	$341.60M	-15.16%
2016-12-31	$402.66M	4.77%
2015-12-31	$384.32M	-10.40%
2014-12-31	$428.94M	21.69%
2013-12-31	$352.48M	5.53%
2012-12-31	$334.01M	14.11%
2011-12-31	$292.72M	38.18%
2010-12-31	$211.83M	61.09%
2009-12-31	$131.50M	1.57%
2008-12-31	$129.47M	9.99%
2007-12-31	$117.72M	28.59%
2006-12-31	$91.55M	17.44%
2005-12-31	$77.96M	35.24%
2004-12-31	$57.64M	43.05%
2003-12-31	$40.29M	-

Clean Energy Fuels generated $425.16M in revenue during NA 2023, up 1.19% compared to the previous quarter, and up 122.73% compared to the same period a year ago.

Clean Energy Fuels Revenue by Quarter

Date	Revenue	Change
2024-09-30	$104.88M	7.13%
2024-06-30	$97.89M	-4.11%
2024-03-31	$102.09M	-4.33%
2023-12-31	$106.71M	11.66%
2023-09-30	$95.57M	5.55%
2023-06-30	$90.55M	-31.50%
2023-03-31	$132.18M	16.20%
2022-12-31	$113.76M	-9.49%
2022-09-30	$125.69M	29.28%
2022-06-30	$97.22M	16.44%
2022-03-31	$83.50M	-9.17%
2021-12-31	$91.93M	6.78%
2021-09-30	$86.09M	17836.46%
2021-06-30	$480.00K	-99.38%
2021-03-31	$77.14M	2.91%
2020-12-31	$74.96M	5.74%
2020-09-30	$70.89M	18.39%
2020-06-30	$59.87M	-30.38%
2020-03-31	$86.01M	-28.10%
2019-12-31	$119.61M	60.70%
2019-09-30	$74.43M	2.93%
2019-06-30	$72.32M	-6.92%
2019-03-31	$77.70M	-19.26%
2018-12-31	$96.23M	24.46%
2018-09-30	$77.32M	9.73%
2018-06-30	$70.47M	-31.19%
2018-03-31	$102.40M	14.67%
2017-12-31	$89.30M	9.18%
2017-09-30	$81.79M	0.96%
2017-06-30	$81.02M	-9.47%
2017-03-31	$89.49M	-12.12%
2016-12-31	$101.83M	4.96%
2016-09-30	$97.02M	-10.19%
2016-06-30	$108.03M	12.78%
2016-03-31	$95.78M	-19.74%
2015-12-31	$119.35M	29.36%
2015-09-30	$92.26M	6.20%
2015-06-30	$86.87M	1.19%
2015-03-31	$85.85M	-35.02%
2014-12-31	$132.11M	27.74%
2014-09-30	$103.42M	5.39%
2014-06-30	$98.13M	3.00%
2014-03-31	$95.28M	12.09%
2013-12-31	$85.00M	-1.54%
2013-09-30	$86.32M	-2.04%
2013-06-30	$88.12M	-5.30%
2013-03-31	$93.04M	-6.09%
2012-12-31	$99.07M	8.33%
2012-09-30	$91.46M	30.95%
2012-06-30	$69.84M	-5.15%
2012-03-31	$73.63M	-14.56%
2011-12-31	$86.18M	19.56%
2011-09-30	$72.08M	4.30%
2011-06-30	$69.11M	5.77%
2011-03-31	$65.34M	-21.42%
2010-12-31	$83.16M	82.15%
2010-09-30	$45.65M	3.68%
2010-06-30	$44.03M	12.94%
2010-03-31	$38.99M	-7.62%
2009-12-31	$42.20M	35.35%
2009-09-30	$31.18M	11.88%
2009-06-30	$27.87M	-7.86%
2009-03-31	$30.25M	2.02%
2008-12-31	$29.65M	-15.94%
2008-09-30	$35.27M	1.94%
2008-06-30	$34.60M	15.54%
2008-03-31	$29.95M	0.92%
2007-12-31	$29.68M	-

Clean Energy Fuels generated $104.88M in revenue during Q3 2024, up 7.13% compared to the previous quarter, and up 115.82% compared to the same period a year ago.

Clean Energy Fuels Revenue Breakdown

Clean Energy Fuels Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
AFTC	$20.85M	$21.76M	$20.70M	-	-
Station construction sales	$26.43M	$22.35M	$16.41M	-	-
Service revenue	$55.34M	$47.17M	-	-	-
Product revenue	$369.82M	$373.00M	-	-	-
Other services	$2.67M	$1.27M	-	-	-
LCFS Credits	$9.88M	$12.63M	-	-	-
Volume -Related	-	-	$218.54M	-	-
Volume Related Revenue	-	-	-	$245.30M	$273.54M
Station Construction Sales	-	-	-	$26.59M	$23.12M
Federal Alternative Fuels Tax Credit	-	-	-	$19.83M	$47.12M
Other Revenue Source	-	-	-	-	$287.00K

Clean Energy Fuels's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product revenue (76.25%), Service revenue (11.41%), Station construction sales (5.45%), AFTC (4.30%), LCFS Credits (2.04%), and Other services (0.55%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Federal Alternative Fuels Tax Credit	$6.39M	$5.36M	$5.29M	$5.24M	$4.48M	$5.03M	$5.02M	$4.37M	$5.42M	-	-	-	-	-	-	-	-	-	-	-
Service	$14.98M	$14.29M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Station construction sales	$7.82M	$5.58M	$16.51M	$5.85M	$4.07M	$6.63M	$6.42M	$5.97M	$3.33M	$3.22M	-	-	-	-	-	-	-	-	-	-
LCFS Credits	$1.92M	$-164.00K	$5.11M	$2.47M	$2.30M	$2.52M	$2.60M	-	-	-	-	-	-	-	-	-	-	-	-	-
Other services	$570.00K	$560.00K	$1.26M	$1.01M	$412.00K	$307.00K	$345.00K	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	$89.90M	$89.41M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
AFTC	-	-	$11.30M	$5.06M	$4.50M	$5.48M	$16.06M	$-9.00K	$231.00K	$5.69M	-	-	-	-	-	-	-	-	-	-
Service revenue	-	-	$27.96M	$14.92M	$12.46M	$12.48M	$12.33M	-	-	-	-	-	-	-	-	-	-	-	-	-
Product revenue	-	-	$174.47M	$75.63M	$119.73M	$101.28M	$113.36M	-	-	-	-	-	-	-	-	-	-	-	-	-
Volume -Related	-	-	-	-	-	-	-	$91.27M	$79.94M	$83.01M	-	-	-	-	-	-	-	-	-	-
Volume Related Revenue	-	-	-	-	-	-	-	-	-	-	$78.23M	$-10.83M	$68.13M	$62.88M	$57.13M	$50.23M	$64.87M	$67.87M	$66.26M	-
Station Construction Sales	-	-	-	-	-	-	-	-	-	-	$2.58M	$6.07M	$4.54M	$7.05M	$8.74M	$5.28M	$5.52M	$7.58M	$6.43M	$5.94M
Other Revenue Source	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$48.00K	$134.00K	$115.00K

Clean Energy Fuels's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (73.94%), Service (12.32%), Station construction sales (6.43%), Federal Alternative Fuels Tax Credit (5.26%), LCFS Credits (1.58%), and Other services (0.47%).

Clean Energy Fuels Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
United States	$418.75M	$416.98M	$252.31M	-	-
Canada	$6.41M	$3.19M	$3.34M	-	-
U	-	-	-	$281.55M	$338.55M
C	-	-	-	$10.18M	$5.52M

Clean Energy Fuels's latest annual revenue breakdown by geography, as of Dec 23: United States (98.49%), and Canada (1.51%).

Clean Energy Fuels Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PSX	Phillips 66	$147.40B	$36.16B
VLO	Valero Energy	$144.77B	$32.88B
PBF	PBF Energy	$38.32B	$8.38B
DINO	HF Sinclair	$31.96B	$7.21B
DK	Delek US	$16.92B	$2.83B
IEP	Icahn Enterprises	$11.08B	$2.24B
CVI	CVR Energy	$9.25B	$1.83B
PARR	Par Pacific	$8.23B	$2.14B
VTNR	Vertex Energy	$3.18B	$695.33M
DKL	Delek Logistics Partners, LP	$1.02B	$214.07M
CLNE	Clean Energy Fuels	$425.16M	$104.88M
AMTX	Aemetis	$186.72M	$66.56M

CLNE Revenue FAQ

What is Clean Energy Fuels’s yearly revenue?

Clean Energy Fuels's yearly revenue for 2023 was $425.16M, representing an increase of 1.19% compared to 2022. The company's yearly revenue for 2022 was $420.16M, representing an increase of 64.35% compared to 2021. CLNE's yearly revenue for 2021 was $255.65M, representing a decrease of -12.37% compared to 2020.

What is Clean Energy Fuels’s quarterly revenue?

Clean Energy Fuels's quarterly revenue for Q3 2024 was $104.88M, a 7.13% increase from the previous quarter (Q2 2024), and a 9.74% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $97.89M, a -4.11% decrease from the previous quarter (Q1 2024), and a 8.11% increase year-over-year (Q2 2023). CLNE's quarterly revenue for Q1 2024 was $102.09M, a -4.33% decrease from the previous quarter (Q4 2023), and a -22.77% decrease year-over-year (Q1 2023).

What is Clean Energy Fuels’s revenue growth rate?

Clean Energy Fuels's revenue growth rate for the last 3 years (2021-2023) was 66.31%, and for the last 5 years (2019-2023) was 23.57%.

What are Clean Energy Fuels’s revenue streams?

Clean Energy Fuels's revenue streams in c 23 are AFTC, Station construction sales, Service revenue, Product revenue, Other services, and LCFS Credits. AFTC generated $20.85M in revenue, accounting 4.30% of the company's total revenue, down -4.16% year-over-year. Station construction sales generated $26.43M in revenue, accounting 5.45% of the company's total revenue, up 18.26% year-over-year. Service revenue generated $55.34M in revenue, accounting 11.41% of the company's total revenue, up 17.31% year-over-year. Product revenue generated $369.82M in revenue, accounting 76.25% of the company's total revenue, down -0.85% year-over-year. Other services generated $2.68M in revenue, accounting 0.55% of the company's total revenue, up 110.96% year-over-year. LCFS Credits generated $9.88M in revenue, accounting 2.04% of the company's total revenue, down -21.76% year-over-year.

What is Clean Energy Fuels’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Clean Energy Fuels was Product revenue. This segment made a revenue of $369.82M, representing 76.25% of the company's total revenue.