Clean Energy Fuels Corp. balance sheet

At the end of fiscal 2025, Clean Energy Fuels Corp. had total assets of $1.06bn, total liabilities of $492m and shareholders' equity of $559m. It held $156m in cash against $250m of debt: net debt of $94.6m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Clean Energy Fuels Corp.: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	67	55	238	109	240	92	44	36	36	30	49	109	99	124	105	90	156	57
Receivables	—	46	56	58	53	82	74	79	64	69	62	62	87	91	98	108	101	92
Inventory	—	20	35	38	34	35	29	30	35	35	30	28	31	37	45	43	44	43
Total current assets	—	162	410	285	521	414	329	262	305	226	294	263	410	472	470	414	350	324
Goodwill	—	72	74	76	89	99	92	93	64	64	64	64	64	64	64	64	0	0
Total assets	—	583	931	975	1,251	1,160	1,001	897	792	699	777	715	957	1,082	1,259	1,244	1,057	1,026
Accounts payable	—	29	37	39	34	44	27	24	18	19	27	17	24	44	57	33	26	21
Deferred revenue (current)	—	9	10	14	16	15	11	7	2	6	5	2	6	5	5	7	18	9
Total current liabilities	—	97	97	114	120	120	246	89	203	80	163	80	126	148	164	155	151	131
Short-term debt	—	—	—	—	—	—	—	—	—	5	56	4	13	0	0	0	0	0
Long-term debt	—	42	266	301	597	566	417	306	120	75	33	82	23	145	261	265	227	229
Total debt	0	64	289	331	620	571	567	312	260	84	89	86	36	150	300	300	250	250
Total liabilities	—	167	387	429	732	695	672	404	342	174	234	192	202	355	526	524	492	467
Shareholders' equity	280	413	541	543	515	437	303	493	448	508	533	514	747	720	727	713	559	553
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	28	26	—	—	17	—	—	—	—	—	—	—	—
Net debt (negative = net cash)	−67	9	51	223	380	478	523	276	224	54	40	−23	−63	26	195	211	95	193
Shares outstanding	—	70m	85m	88m	89m	90m	92m	—	152m	204m	205m	198m	223m	222m	223m	223m	219m	220m

US$ millions unless shown otherwise. Fiscal quarters.

Clean Energy Fuels Corp.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	93	108	91	83	96	101	111	92
Inventory	46	43	46	45	44	44	43	43
Total current assets	442	414	409	408	409	350	332	324
Goodwill	64	64	0	0	0	0	0	0
Total assets	1,244	1,244	1,117	1,116	1,125	1,057	1,037	1,026
Accounts payable	31	33	30	28	33	26	22	21
Deferred revenue (current)	6	7	8	9	10	18	15	9
Total current liabilities	144	155	145	144	152	151	135	131
Short-term debt	0	0	0	0	0	0	0	0
Long-term debt	264	265	272	278	284	227	228	229
Total debt	264	265	272	278	284	227	228	229
Total liabilities	513	524	514	519	534	492	473	467
Shareholders' equity	725	713	597	591	585	559	558	553
Shares outstanding	223m	223m	224m	219m	219m	219m	220m	220m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Clean Energy Fuels Corp.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Clean Energy Fuels Corp.