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

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $112.3M, roughly 1.1× Clean Energy Fuels Corp.). Turning Point Brands, Inc. runs the higher net margin — 6.8% vs -38.3%, a 45.1% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 2.7%). Turning Point Brands, Inc. produced more free cash flow last quarter ($21.5M vs $6.5M). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% 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...

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

CLNE vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.1× larger
TPB
$121.0M
$112.3M
CLNE
Growing faster (revenue YoY)
TPB
TPB
+26.5% gap
TPB
29.2%
2.7%
CLNE
Higher net margin
TPB
TPB
45.1% more per $
TPB
6.8%
-38.3%
CLNE
More free cash flow
TPB
TPB
$15.0M more FCF
TPB
$21.5M
$6.5M
CLNE
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
4.1%
CLNE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLNE
CLNE
TPB
TPB
Revenue
$112.3M
$121.0M
Net Profit
$-43.0M
$8.2M
Gross Margin
55.9%
Operating Margin
-9.5%
16.5%
Net Margin
-38.3%
6.8%
Revenue YoY
2.7%
29.2%
Net Profit YoY
-42.6%
239.8%
EPS (diluted)
$-0.21
$0.40

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
TPB
TPB
Q4 25
$112.3M
$121.0M
Q3 25
$106.1M
$119.0M
Q2 25
$102.6M
$116.6M
Q1 25
$103.8M
$106.4M
Q4 24
$109.3M
$93.7M
Q3 24
$104.9M
$90.7M
Q2 24
$98.0M
$93.2M
Q1 24
$103.7M
$83.1M
Net Profit
CLNE
CLNE
TPB
TPB
Q4 25
$-43.0M
$8.2M
Q3 25
$-23.8M
$21.1M
Q2 25
$-20.2M
$14.5M
Q1 25
$-135.0M
$14.4M
Q4 24
$-30.2M
$2.4M
Q3 24
$-18.2M
$12.4M
Q2 24
$-16.3M
$13.0M
Q1 24
$-18.4M
$12.0M
Gross Margin
CLNE
CLNE
TPB
TPB
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Q1 24
58.2%
Operating Margin
CLNE
CLNE
TPB
TPB
Q4 25
-9.5%
16.5%
Q3 25
-12.8%
21.8%
Q2 25
-9.0%
22.6%
Q1 25
-121.7%
21.8%
Q4 24
-11.8%
19.1%
Q3 24
-8.1%
22.9%
Q2 24
-5.7%
24.5%
Q1 24
-9.0%
23.2%
Net Margin
CLNE
CLNE
TPB
TPB
Q4 25
-38.3%
6.8%
Q3 25
-22.4%
17.7%
Q2 25
-19.7%
12.4%
Q1 25
-130.1%
13.5%
Q4 24
-27.6%
2.6%
Q3 24
-17.3%
13.6%
Q2 24
-16.6%
14.0%
Q1 24
-17.8%
14.5%
EPS (diluted)
CLNE
CLNE
TPB
TPB
Q4 25
$-0.21
$0.40
Q3 25
$-0.11
$1.13
Q2 25
$-0.09
$0.79
Q1 25
$-0.60
$0.79
Q4 24
$-0.14
$0.15
Q3 24
$-0.08
$0.68
Q2 24
$-0.07
$0.68
Q1 24
$-0.08
$0.63

Balance Sheet & Financial Strength

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

Metric
CLNE
CLNE
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$156.1M
$222.8M
Total DebtLower is stronger
$226.8M
Stockholders' EquityBook value
$559.4M
$372.0M
Total Assets
$1.1B
$763.8M
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLNE
CLNE
TPB
TPB
Q4 25
$156.1M
$222.8M
Q3 25
$232.2M
$201.2M
Q2 25
$240.8M
$109.9M
Q1 25
$226.6M
$99.6M
Q4 24
$217.5M
$48.9M
Q3 24
$243.5M
$33.6M
Q2 24
$249.3M
$142.2M
Q1 24
$248.9M
$130.9M
Total Debt
CLNE
CLNE
TPB
TPB
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
TPB
TPB
Q4 25
$559.4M
$372.0M
Q3 25
$585.2M
$358.2M
Q2 25
$590.8M
$224.8M
Q1 25
$596.7M
$203.4M
Q4 24
$713.3M
$190.4M
Q3 24
$724.8M
$185.7M
Q2 24
$723.0M
$172.8M
Q1 24
$722.9M
$160.0M
Total Assets
CLNE
CLNE
TPB
TPB
Q4 25
$1.1B
$763.8M
Q3 25
$1.1B
$742.8M
Q2 25
$1.1B
$595.8M
Q1 25
$1.1B
$564.6M
Q4 24
$1.2B
$493.4M
Q3 24
$1.2B
$488.0M
Q2 24
$1.2B
$591.6M
Q1 24
$1.2B
$586.3M
Debt / Equity
CLNE
CLNE
TPB
TPB
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
TPB
TPB
Operating Cash FlowLast quarter
$13.1M
$24.9M
Free Cash FlowOCF − Capex
$6.5M
$21.5M
FCF MarginFCF / Revenue
5.8%
17.8%
Capex IntensityCapex / Revenue
5.9%
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$59.9M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLNE
CLNE
TPB
TPB
Q4 25
$13.1M
$24.9M
Q3 25
$13.1M
$3.3M
Q2 25
$35.9M
$11.8M
Q1 25
$23.4M
$17.4M
Q4 24
$21.9M
$17.7M
Q3 24
$21.4M
$13.2M
Q2 24
$18.8M
$13.4M
Q1 24
$2.6M
$22.6M
Free Cash Flow
CLNE
CLNE
TPB
TPB
Q4 25
$6.5M
$21.5M
Q3 25
$6.5M
$-721.0K
Q2 25
$30.9M
$7.8M
Q1 25
$15.9M
$15.2M
Q4 24
$10.3M
$16.6M
Q3 24
$42.0K
$12.6M
Q2 24
$4.8M
$10.9M
Q1 24
$-15.6M
$22.3M
FCF Margin
CLNE
CLNE
TPB
TPB
Q4 25
5.8%
17.8%
Q3 25
6.1%
-0.6%
Q2 25
30.2%
6.7%
Q1 25
15.4%
14.3%
Q4 24
9.5%
17.8%
Q3 24
0.0%
13.9%
Q2 24
4.9%
11.7%
Q1 24
-15.1%
26.8%
Capex Intensity
CLNE
CLNE
TPB
TPB
Q4 25
5.9%
2.8%
Q3 25
6.2%
3.4%
Q2 25
4.8%
3.4%
Q1 25
7.2%
2.1%
Q4 24
10.5%
1.2%
Q3 24
20.3%
0.7%
Q2 24
14.2%
2.7%
Q1 24
17.6%
0.4%
Cash Conversion
CLNE
CLNE
TPB
TPB
Q4 25
3.03×
Q3 25
0.16×
Q2 25
0.82×
Q1 25
1.21×
Q4 24
7.34×
Q3 24
1.07×
Q2 24
1.03×
Q1 24
1.89×

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%

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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