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Side-by-side financial comparison of Clean Energy Fuels Corp. (CLNE) and Coursera, Inc. (COUR). Click either name above to swap in a different company.

Coursera, Inc. is the larger business by last-quarter revenue ($196.9M vs $112.3M, roughly 1.8× Clean Energy Fuels Corp.). Coursera, Inc. runs the higher net margin — -13.6% vs -38.3%, a 24.7% gap on every dollar of revenue. On growth, Coursera, Inc. posted the faster year-over-year revenue change (9.9% vs 2.7%). Clean Energy Fuels Corp. produced more free cash flow last quarter ($6.5M vs $5.4M). Over the past eight quarters, Coursera, Inc.'s revenue compounded faster (7.9% CAGR vs 4.1%).

Bloom Energy is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which independently produce electricity onsite for power generation in data centers, manufacturing, and other commercial sectors. Founded in 2001 and headquartered in San Jose, California; its fuel cell technology generates electricity through a chemical conversion process, which differs from most other power sources reliant on combustion, and can use natural gas, biogas or hydrogen as fuel...

Coursera Inc. is an American for-profit online university, earlier operating as a global massive open online course provider from 2012 until 2021. It was founded in 2012 by Stanford University computer science professors Andrew Ng and Daphne Koller. Coursera works with universities and other organizations to offer online courses, certifications, and degrees in a variety of subjects.

CLNE vs COUR — Head-to-Head

Bigger by revenue
COUR
COUR
1.8× larger
COUR
$196.9M
$112.3M
CLNE
Growing faster (revenue YoY)
COUR
COUR
+7.1% gap
COUR
9.9%
2.7%
CLNE
Higher net margin
COUR
COUR
24.7% more per $
COUR
-13.6%
-38.3%
CLNE
More free cash flow
CLNE
CLNE
$1.1M more FCF
CLNE
$6.5M
$5.4M
COUR
Faster 2-yr revenue CAGR
COUR
COUR
Annualised
COUR
7.9%
4.1%
CLNE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLNE
CLNE
COUR
COUR
Revenue
$112.3M
$196.9M
Net Profit
$-43.0M
$-26.8M
Gross Margin
54.2%
Operating Margin
-9.5%
-16.4%
Net Margin
-38.3%
-13.6%
Revenue YoY
2.7%
9.9%
Net Profit YoY
-42.6%
-24.1%
EPS (diluted)
$-0.21
$-0.16

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.

Revenue
CLNE
CLNE
COUR
COUR
Q4 25
$112.3M
$196.9M
Q3 25
$106.1M
$194.2M
Q2 25
$102.6M
$187.1M
Q1 25
$103.8M
$179.3M
Q4 24
$109.3M
$179.2M
Q3 24
$104.9M
$176.1M
Q2 24
$98.0M
$170.3M
Q1 24
$103.7M
$169.1M
Net Profit
CLNE
CLNE
COUR
COUR
Q4 25
$-43.0M
$-26.8M
Q3 25
$-23.8M
$-8.6M
Q2 25
$-20.2M
$-7.8M
Q1 25
$-135.0M
$-7.8M
Q4 24
$-30.2M
$-21.6M
Q3 24
$-18.2M
$-13.7M
Q2 24
$-16.3M
$-22.9M
Q1 24
$-18.4M
$-21.3M
Gross Margin
CLNE
CLNE
COUR
COUR
Q4 25
54.2%
Q3 25
54.6%
Q2 25
54.9%
Q1 25
54.6%
Q4 24
53.3%
Q3 24
54.6%
Q2 24
53.0%
Q1 24
52.9%
Operating Margin
CLNE
CLNE
COUR
COUR
Q4 25
-9.5%
-16.4%
Q3 25
-12.8%
-8.0%
Q2 25
-9.0%
-8.1%
Q1 25
-121.7%
-8.0%
Q4 24
-11.8%
-17.0%
Q3 24
-8.1%
-12.3%
Q2 24
-5.7%
-18.3%
Q1 24
-9.0%
-17.6%
Net Margin
CLNE
CLNE
COUR
COUR
Q4 25
-38.3%
-13.6%
Q3 25
-22.4%
-4.4%
Q2 25
-19.7%
-4.2%
Q1 25
-130.1%
-4.4%
Q4 24
-27.6%
-12.1%
Q3 24
-17.3%
-7.8%
Q2 24
-16.6%
-13.4%
Q1 24
-17.8%
-12.6%
EPS (diluted)
CLNE
CLNE
COUR
COUR
Q4 25
$-0.21
$-0.16
Q3 25
$-0.11
$-0.05
Q2 25
$-0.09
$-0.05
Q1 25
$-0.60
$-0.05
Q4 24
$-0.14
$-0.13
Q3 24
$-0.08
$-0.09
Q2 24
$-0.07
$-0.15
Q1 24
$-0.08
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLNE
CLNE
COUR
COUR
Cash + ST InvestmentsLiquidity on hand
$156.1M
$792.6M
Total DebtLower is stronger
$226.8M
Stockholders' EquityBook value
$559.4M
$635.7M
Total Assets
$1.1B
$1.0B
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLNE
CLNE
COUR
COUR
Q4 25
$156.1M
$792.6M
Q3 25
$232.2M
$797.7M
Q2 25
$240.8M
$775.1M
Q1 25
$226.6M
$748.0M
Q4 24
$217.5M
$726.1M
Q3 24
$243.5M
$719.4M
Q2 24
$249.3M
$708.8M
Q1 24
$248.9M
$725.4M
Total Debt
CLNE
CLNE
COUR
COUR
Q4 25
$226.8M
Q3 25
$284.3M
Q2 25
$277.9M
Q1 25
$271.6M
Q4 24
$265.4M
Q3 24
$264.1M
Q2 24
$263.0M
Q1 24
$262.0M
Stockholders' Equity
CLNE
CLNE
COUR
COUR
Q4 25
$559.4M
$635.7M
Q3 25
$585.2M
$639.5M
Q2 25
$590.8M
$627.0M
Q1 25
$596.7M
$610.5M
Q4 24
$713.3M
$597.4M
Q3 24
$724.8M
$593.3M
Q2 24
$723.0M
$585.2M
Q1 24
$722.9M
$609.1M
Total Assets
CLNE
CLNE
COUR
COUR
Q4 25
$1.1B
$1.0B
Q3 25
$1.1B
$995.3M
Q2 25
$1.1B
$979.9M
Q1 25
$1.1B
$951.2M
Q4 24
$1.2B
$930.3M
Q3 24
$1.2B
$914.1M
Q2 24
$1.2B
$904.4M
Q1 24
$1.2B
$916.3M
Debt / Equity
CLNE
CLNE
COUR
COUR
Q4 25
0.41×
Q3 25
0.49×
Q2 25
0.47×
Q1 25
0.46×
Q4 24
0.37×
Q3 24
0.36×
Q2 24
0.36×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLNE
CLNE
COUR
COUR
Operating Cash FlowLast quarter
$13.1M
$5.8M
Free Cash FlowOCF − Capex
$6.5M
$5.4M
FCF MarginFCF / Revenue
5.8%
2.7%
Capex IntensityCapex / Revenue
5.9%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.9M
$107.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLNE
CLNE
COUR
COUR
Q4 25
$13.1M
$5.8M
Q3 25
$13.1M
$33.9M
Q2 25
$35.9M
$35.5M
Q1 25
$23.4M
$33.5M
Q4 24
$21.9M
$19.2M
Q3 24
$21.4M
$27.9M
Q2 24
$18.8M
$23.8M
Q1 24
$2.6M
$24.5M
Free Cash Flow
CLNE
CLNE
COUR
COUR
Q4 25
$6.5M
$5.4M
Q3 25
$6.5M
$33.7M
Q2 25
$30.9M
$35.1M
Q1 25
$15.9M
$33.0M
Q4 24
$10.3M
$18.1M
Q3 24
$42.0K
$27.7M
Q2 24
$4.8M
$23.6M
Q1 24
$-15.6M
$24.4M
FCF Margin
CLNE
CLNE
COUR
COUR
Q4 25
5.8%
2.7%
Q3 25
6.1%
17.4%
Q2 25
30.2%
18.8%
Q1 25
15.4%
18.4%
Q4 24
9.5%
10.1%
Q3 24
0.0%
15.7%
Q2 24
4.9%
13.9%
Q1 24
-15.1%
14.4%
Capex Intensity
CLNE
CLNE
COUR
COUR
Q4 25
5.9%
0.2%
Q3 25
6.2%
0.1%
Q2 25
4.8%
0.2%
Q1 25
7.2%
0.3%
Q4 24
10.5%
0.6%
Q3 24
20.3%
0.1%
Q2 24
14.2%
0.1%
Q1 24
17.6%
0.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLNE
CLNE

Volume Related Fuel Sales$73.6M66%
Services$15.1M13%
Station Construction Sales$10.7M9%
Volume Related Renewable Identification Number Credits$9.5M8%
Volume Related Low Carbon Fuel Standard Credits$3.4M3%

COUR
COUR

Consumer Segment$131.5M67%
Enterprise Segment$65.4M33%

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