CLNE Q1 2023 Earnings — Clean Energy Fuels Corp. Revenue & Financial Results | Market Cap Arena

CLNEClean Energy Fuels Corp.

$509M

Q1 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$132M+58.3% YoY

Gross Profit

-$6M-4.4% margin

Operating Income

-$35M-26.8% margin

Net Income

-$39M-29.3% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+16.2%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$47M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$366M

Stockholders' Equity

$696M

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$83M	+58.3%
Gross Profit	-$6M	$8M	-173.2%
Operating Income	-$35M	-$20M	-76.6%
Net Income	-$39M	-$24M	-60.0%

Revenue Segments

Product revenue

$120M83%

Service revenue

$12M9%

AFTC

$4M3%

Station construction sales

$4M3%

LCFS Credits

$2M2%

Other services

$412,0000%