CLEAN ENERGY FUELS CORP.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-222.0M | $-83.1M | $-99.5M | $-58.7M | $-93.1M | $-9.9M | $20.4M | $-3.8M |
| Depreciation & Amortization | $98.6M | $44.7M | $45.7M | $54.7M | $45.2M | $47.7M | $49.6M | $51.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $100.0K | $0 | $0 | $0 | $500.0K | $800.0K | $1.0M | $1.4M |
| Stock-Based Compensation | $8.9M | $10.8M | $23.3M | $26.5M | $15.0M | $3.0M | $3.9M | $5.3M |
| Net Cash from Operating Activities | $85.5M | $64.6M | $43.8M | $66.7M | $41.3M | $61.0M | $12.3M | $38.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $25.7M | $65.0M | $100.9M | $44.5M | $23.1M | $13.3M | $27.1M | $25.3M |
| Business Acquisitions | — | — | — | — | — | — | — | $0 |
| Net Cash from Investing Activities | $63.1M | $-77.7M | $-202.0M | $-148.5M | $-207.7M | $24.2M | $-1.5M | $54.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $7.9M | $0 | $0 | $6.1M | $2.9M | $14.6M | — | — |
| Net Cash from Financing Activities | $-82.1M | $-1.9M | $139.1M | $101.6M | $152.8M | $-18.7M | $7.7M | $-95.2M |
| Net Change in Cash | $66.2M | $-15.4M | $-19.0M | $19.5M | $-13.5M | $66.8M | $18.6M | $-2.6M |
| Free Cash Flow | $59.9M | $-418.0K | $-57.2M | $22.2M | $18.2M | $47.8M | $-14.8M | $12.7M |