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Side-by-side financial comparison of AEMETIS, INC (AMTX) and Clarus Corp (CLAR). Click either name above to swap in a different company.
Clarus Corp is the larger business by last-quarter revenue ($65.4M vs $43.3M, roughly 1.5× AEMETIS, INC). On growth, AEMETIS, INC posted the faster year-over-year revenue change (-7.9% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-10.8M). Over the past eight quarters, Clarus Corp's revenue compounded faster (-2.9% CAGR vs -22.8%).
Aemetis, Inc. is a renewable fuels and sustainable biochemicals producer operating across North America and India. Its core products include low-carbon ethanol, renewable natural gas and biodiesel, serving transportation, industrial and agricultural sectors with decarbonization solutions for commercial clients.
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
AMTX vs CLAR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.3M | $65.4M |
| Net Profit | — | $-31.3M |
| Gross Margin | 17.8% | 27.7% |
| Operating Margin | -5.7% | -59.6% |
| Net Margin | — | -47.8% |
| Revenue YoY | -7.9% | -8.4% |
| Net Profit YoY | — | 52.3% |
| EPS (diluted) | $-0.03 | $-0.81 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.3M | $65.4M | ||
| Q3 25 | $59.2M | $69.3M | ||
| Q2 25 | $52.2M | $55.2M | ||
| Q1 25 | $42.9M | $60.4M | ||
| Q4 24 | $47.0M | $71.4M | ||
| Q3 24 | $81.4M | $67.1M | ||
| Q2 24 | $66.6M | $56.5M | ||
| Q1 24 | $72.6M | $69.3M |
| Q4 25 | — | $-31.3M | ||
| Q3 25 | $-23.7M | $-1.6M | ||
| Q2 25 | $-23.4M | $-8.4M | ||
| Q1 25 | $-24.5M | $-5.2M | ||
| Q4 24 | — | $-65.5M | ||
| Q3 24 | $-17.9M | $-3.2M | ||
| Q2 24 | $-29.2M | $-5.5M | ||
| Q1 24 | $-24.2M | $21.9M |
| Q4 25 | 17.8% | 27.7% | ||
| Q3 25 | -0.1% | 35.1% | ||
| Q2 25 | -6.4% | 35.6% | ||
| Q1 25 | -11.8% | 34.4% | ||
| Q4 24 | -4.3% | 33.4% | ||
| Q3 24 | 4.8% | 35.0% | ||
| Q2 24 | -2.7% | 36.1% | ||
| Q1 24 | -0.8% | 35.9% |
| Q4 25 | -5.7% | -59.6% | ||
| Q3 25 | -14.4% | -4.4% | ||
| Q2 25 | -20.4% | -19.7% | ||
| Q1 25 | -36.3% | -11.2% | ||
| Q4 24 | -28.7% | -70.2% | ||
| Q3 24 | -4.8% | -8.0% | ||
| Q2 24 | -20.4% | -14.4% | ||
| Q1 24 | -13.0% | -9.8% |
| Q4 25 | — | -47.8% | ||
| Q3 25 | -40.1% | -2.3% | ||
| Q2 25 | -44.8% | -15.3% | ||
| Q1 25 | -57.2% | -8.7% | ||
| Q4 24 | — | -91.8% | ||
| Q3 24 | -22.0% | -4.7% | ||
| Q2 24 | -43.8% | -9.7% | ||
| Q1 24 | -33.4% | 31.6% |
| Q4 25 | $-0.03 | $-0.81 | ||
| Q3 25 | $-0.37 | $-0.04 | ||
| Q2 25 | $-0.41 | $-0.22 | ||
| Q1 25 | $-0.47 | $-0.14 | ||
| Q4 24 | $-0.29 | $-1.72 | ||
| Q3 24 | $-0.38 | $-0.08 | ||
| Q2 24 | $-0.66 | $-0.14 | ||
| Q1 24 | $-0.58 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9M | $36.7M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $-306.8M | $196.4M |
| Total Assets | $259.8M | $249.0M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9M | $36.7M | ||
| Q3 25 | $5.6M | $29.5M | ||
| Q2 25 | $1.6M | $28.5M | ||
| Q1 25 | $499.0K | $41.3M | ||
| Q4 24 | $898.0K | $45.4M | ||
| Q3 24 | $296.0K | $36.4M | ||
| Q2 24 | $234.0K | $46.2M | ||
| Q1 24 | $1.6M | $47.5M |
| Q4 25 | — | $0 | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $1.9M | ||
| Q1 25 | — | $1.9M | ||
| Q4 24 | $338.1M | $1.9M | ||
| Q3 24 | $322.2M | — | ||
| Q2 24 | $309.0M | — | ||
| Q1 24 | $307.2M | $37.0K |
| Q4 25 | $-306.8M | $196.4M | ||
| Q3 25 | $-304.9M | $225.8M | ||
| Q2 25 | $-289.3M | $225.1M | ||
| Q1 25 | $-280.7M | $229.3M | ||
| Q4 24 | $-263.9M | $233.1M | ||
| Q3 24 | $-258.9M | $308.5M | ||
| Q2 24 | $-249.0M | $307.3M | ||
| Q1 24 | $-232.1M | $310.4M |
| Q4 25 | $259.8M | $249.0M | ||
| Q3 25 | $241.1M | $283.1M | ||
| Q2 25 | $240.0M | $286.5M | ||
| Q1 25 | $242.5M | $292.8M | ||
| Q4 24 | $259.3M | $294.1M | ||
| Q3 24 | $259.3M | $375.3M | ||
| Q2 24 | $259.3M | $369.4M | ||
| Q1 24 | $259.3M | $377.0M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.8M | $12.5M |
| Free Cash FlowOCF − Capex | $-10.8M | $11.6M |
| FCF MarginFCF / Revenue | -24.9% | 17.7% |
| Capex IntensityCapex / Revenue | 38.2% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-22.7M | $-9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.8M | $12.5M | ||
| Q3 25 | $3.1M | $-5.7M | ||
| Q2 25 | $-5.7M | $-9.4M | ||
| Q1 25 | $160.0K | $-2.1M | ||
| Q4 24 | $-12.6M | $16.6M | ||
| Q3 24 | $-5.0M | $-8.3M | ||
| Q2 24 | $-5.1M | $834.0K | ||
| Q1 24 | $-10.3M | $-16.4M |
| Q4 25 | $-10.8M | $11.6M | ||
| Q3 25 | $-1.0M | $-7.0M | ||
| Q2 25 | $-9.3M | $-11.3M | ||
| Q1 25 | $-1.7M | $-3.3M | ||
| Q4 24 | $-19.4M | $14.4M | ||
| Q3 24 | $-9.5M | $-9.4M | ||
| Q2 24 | $-10.5M | $-744.0K | ||
| Q1 24 | $-13.9M | $-18.3M |
| Q4 25 | -24.9% | 17.7% | ||
| Q3 25 | -1.7% | -10.0% | ||
| Q2 25 | -17.7% | -20.4% | ||
| Q1 25 | -3.9% | -5.4% | ||
| Q4 24 | -41.2% | 20.1% | ||
| Q3 24 | -11.6% | -14.0% | ||
| Q2 24 | -15.8% | -1.3% | ||
| Q1 24 | -19.1% | -26.3% |
| Q4 25 | 38.2% | 1.4% | ||
| Q3 25 | 6.9% | 1.8% | ||
| Q2 25 | 6.7% | 3.4% | ||
| Q1 25 | 4.3% | 2.0% | ||
| Q4 24 | 14.4% | 3.1% | ||
| Q3 24 | 5.5% | 1.6% | ||
| Q2 24 | 8.1% | 2.8% | ||
| Q1 24 | 4.9% | 2.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
