---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008822"
form_type: "8-K"
ticker: "CLNE"
cik: "0001368265"
company_name: "Clean Energy Fuels Corp."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:38:35.752149+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clean Energy Q1 net loss widens to $38.7M; revenue $132.2M, RNG gallons up 34.5%

## Summary
- GAAP net loss of $38.7M ($0.17/share) vs. $24.2M ($0.11/share) in Q1 2022.
- Revenue of $132.2M, up from $83.5M YoY; includes $13.7M Amazon warrant charge.
- RNG gallons sold rose 34.5% to 53.4M gallons; station construction revenue up to $4.1M.
- Historic California natural gas price spike in Jan 2023 cost at least $10M in lost profits.
- Announced joint development with Tourmaline to build CNG stations in Western Canada.

## SEC filing metadata
- accession: 0001558370-23-008822
- form_type: 8-K
- ticker: CLNE
- cik: 0001368265
- company_name: Clean Energy Fuels Corp.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368265/000155837023008822/0001558370-23-008822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368265/000155837023008822/clne-20230509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008822
- JSON: https://secwatch.observer/filing/0001558370-23-008822.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008822.txt

## Key facts
- Earnings Releases
  Clean Energy Fuels Corp. reported first quarter ended March 31, 2023 results: revenue $132.2 million, net income $(38.7) million, EPS $(0.17) per share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $132.2 million
  - Net income: $(38.7) million
  - EPS: $(0.17) per share
  - Result: reported results
  source text: Clean Energy Reports Revenue of $132.2 Million and 53.4 Million RNG Gallons Sold for the First Quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368265/000155837023008822/0001558370-23-008822-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.