Clean Energy Q1 GAAP net loss $135.0M on $115M non-cash charges; ADJ EBITDA up 34%

Clean Energy Fuels Corp.

2025-Q1 EPS reported -$0.60 revenue$103,764,000

Revenue $103.8M (flat YoY); RNG gallons sold 50.6M, down 12.8% due to cold weather.
GAAP net loss $(135.0)M ($0.60/share), including $64.3M goodwill impairment and $50.7M accelerated depreciation.
Adjusted EBITDA $17.1M vs $12.8M YoY; non-GAAP EPS $0.01 vs $(0.01) YoY.
Ended Q1 with $226.6M cash & investments, up from $217.5M at Dec 31, 2024.
Resumed share repurchases; $26.1M remaining under program.

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