NASDAQ$CLIR

ClearSign Technologies Corp · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

ClearSign Technologies Corp reported Q1 2026 results with revenue of $191,000 and a net loss of $2.19 million.

ClearSign Technologies Corporation reported revenue of $191 thousand for the three months ended March 31, 2026, down from $401 thousand in the prior year quarter. The company recorded a net loss of $2.19 million and an operating loss of $2.28 million. Cash and cash equivalents declined to $7.74 million as of quarter end.

  • Revenue declined 52% year-over-year to $191,000 due to lower order fulfillment in mid-stream and boiler burner products.
  • Gross loss of $393,000 resulted from a $410,000 warranty accrual adjustment for prior period installations.
  • Operating expenses decreased 23% to $1.89 million, driven by lower R&D and G&A costs.
  • Cash position fell to $7.74 million with operating cash burn of $1.35 million for the quarter.

Headline financials

Total Revenue

$191K

Previous: $401K-52.4%
EPS (adj)

-$0.39

Previous: -$0.04-875.0%
Cash and cash equivalents

$7.74M

No prior period
Common shares outstanding

5.4M

Previous: 52.4M-89.7%
Capital Expenditures

-$4K

Previous: -$4K+0.0%
Free Cash Flow

-$1.35M

No prior period
Net Income

-$2.19M

Previous: -$2.08M-5.5%
Operating Income

-$2.28M

Previous: -$2.26M-1.0%
Gross Profit

-$393K

Previous: $196K-300.5%
Cash & Equivalents

$7.74M

No prior period
Total Assets

$9.84M

No prior period

Revenue & EPS history

ClearSign · Revenue · Quarterly

$191K

Q1 2026-52.4%vs Q1 2025
Beat estimate in 1 of 10 quarters(10%)
ActualEstimate

Forward guidance

Company expects continued operating losses and negative cash flow; additional financing may be required to support commercialization efforts.

Tailwinds

  • Regained Nasdaq bid price compliance
  • DOE grant extension received for hydrogen burner development

Headwinds

  • Ongoing cash burn and need for additional capital
  • Revenue highly concentrated with limited customer base

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.9%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-3.2%

Avg return

30 days after

42%

15 / 36 earnings

Positive

+29.3%

Q4 2022

Best reaction

-16.3%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.6%
Q4 2025+0.0%+0.8%-17.6%
Q3 2025+0.0%-6.8%-34.1%
Q2 2025-8.2%-11.5%-11.5%
Q1 2025-12.7%-19.7%-12.7%
Q4 2024-16.3%-31.5%-19.2%
Q3 2024+26.3%+15.6%+25.6%
Q2 2024-1.9%+6.9%+22.2%
Q1 2024+19.2%+9.2%-13.2%
Q4 2023+2.8%+0.0%+13.9%
Q3 2023-3.1%-3.5%+52.3%
Q2 2023-8.1%-11.7%-1.8%
Q1 2023+7.4%+6.7%+7.4%
Q4 2022+29.3%+12.2%+20.7%
Q3 2022+1.4%-14.5%-21.7%
Q2 2022+4.0%+7.1%-7.1%
Q1 2022+9.8%+2.4%+2.4%
Q4 2021-9.1%-19.4%-15.2%
Q3 2021+7.2%-9.0%-13.3%
Q2 2021-5.0%-6.2%-25.5%
Q1 2021+1.7%+12.0%-88.2%
Q3 2020-0.4%+15.0%+22.3%
Q2 2020-4.5%-5.7%-7.7%
Q1 2020+5.3%-14.0%+49.1%
Q3 2019-10.5%-6.7%-25.7%
Q2 2019-2.6%-7.7%+4.3%
Q1 2019+0.0%-2.8%-14.0%
Q3 2018+7.4%+17.0%+3.7%
Q2 2018-1.6%+11.4%-2.6%
Q1 2018+2.9%+13.1%+18.9%
Q3 2017+0.0%-17.4%+1.4%
Q2 2017+0.0%-8.8%-5.9%
Q1 2017-1.4%+8.3%+0.0%
Q3 2016+4.8%+6.0%-11.9%
Q3 2012-3.6%
Q1 2012+3.1%
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010

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