ClearSign Q2 2026 revenue rose to about $560,000 from $133,000; net loss narrowed
ClearSign Technologies reported second quarter 2026 revenue of about $560,000, up from about $133,000 a year earlier, and a smaller net loss, which fell by $373,000 on lower general and administrative expenses. The company also said it sold 500,000 shares at $3.54 on July 21, 2026, adding about $1.7 million in net proceeds, and that six M1 Series burners were ordered from two midstream customers in West Texas.
Key points
- Q2 2026 revenue was about $560,000 versus about $133,000 in Q2 2025; gross margin was about 41%, roughly flat year over year.
- Net loss decreased by $373,000 year over year, mainly from a $368,000 decrease in general and administrative expenses.
- Cash and cash equivalents were about $9.9 million at June 30, 2026; pro forma for the July 21 share sale, about $11.6 million.
- Larry Saddler, a retired ExxonMobil executive, was appointed to the Board of Directors.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.