Verde Clean Fuels (VGAS) Operating Income (2021 - 2026)

Verde Clean Fuels (VGAS) posted Operating Income of -$2.9 million for Q1 2026, up 60.1% sequentially from -$7.2 million in Q4 2025, and up 10.28% YoY from -$2.6 million in Q1 2025.

Verde Clean Fuels (VGAS) Operating Income (2021 - 2026) Analysis & Trends

Verde Clean Fuels has reported Operating Income for 6 years, with the latest figure at -$2.9 million in Q1 2026.

  • Quarterly Operating Income rose 10.28% year-over-year to -$2.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$16.1 million (down 34.81% YoY) and the FY2025 annual result came in at -$16.5 million, down 41.15% from the prior year.
  • Operating Income advanced to -$2.9 million in Q1 2026 per VGAS's latest filing, from -$7.2 million in the prior quarter.
  • Over five years, Operating Income peaked at $4.3 million in Q3 2022 and troughed at -$7.2 million in Q4 2025.
  • A 5-year average of -$2.3 million and a median of -$2.8 million in 2024 frame the typical range for Operating Income.
  • The widest YoY moves for Operating Income: up 20730.38% in 2022, down 68853.89% in 2022.
  • Over 5 years, Operating Income stood at -$880886.0 in 2022, then plunged by 168.24% to -$2.4 million in 2023, then dropped by 19.98% to -$2.8 million in 2024, then slumped by 152.31% to -$7.2 million in 2025, then jumped by 60.1% to -$2.9 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$2.9 million, -$7.2 million, and -$2.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn 90.93 Mn
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn 34.20 Mn
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn -160.00 Mn
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn 116.00 Mn
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn 13.00 Mn
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn -29.79 Mn
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - 60.00 Mn
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn 1.05 Bn
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn -24.20 Mn
10 Verde Clean Fuels 28.47 Mn -25.91 Mn - -2.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.85 Mn
Dec 31, 2025 -7.15 Mn
Sep 30, 2025 -2.88 Mn
Jun 30, 2025 -3.24 Mn
Mar 31, 2025 -3.18 Mn
Dec 31, 2024 -2.84 Mn
Sep 30, 2024 -2.79 Mn
Jun 30, 2024 -3.16 Mn
Mar 31, 2024 -2.88 Mn
Dec 31, 2023 -2.36 Mn
Sep 30, 2023 -2.59 Mn
Jun 30, 2023 -2.54 Mn
Mar 31, 2023 -3.05 Mn
Dec 31, 2022 -880,886.00
Sep 30, 2022 4.35 Mn
Jun 30, 2022 677,708.00
Mar 31, 2022 -1.43 Mn
Dec 31, 2021 -383,119.00
Sep 30, 2021 -68,294.00
Jun 30, 2021 -3,285.00