VGAS net incomeQ2 2026-$907.0K
VGAS net income was -$907.0K in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$1.26M a year earlier. For the full fiscal 2025 it was -$6.96M, compared with -$3.33M in fiscal 2024.
Verde Clean Fuels Inc. (VGAS) financials
For the twelve months ended Jun 30, 2026, Verde Clean Fuels Inc. reported -$6.57M of net income.
- Net income, TTM
- -$6.57M
- Free cash flow, TTM
- -$12.57M
- Cash
- $53.45M
- Market cap
- $45.2M
FY2021FY2025
FY2022FY2025
VGAS revenue and earnings growth
VGAS EPSQ2 2026-$0.04
VGAS diluted EPS was -$0.04 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.07 a year earlier. For the full fiscal 2024 it was -$0.53, compared with -$0.45 in fiscal 2023.
VGAS free cash flowQ2 2026-$827.0K
VGAS free cash flow was -$827.0K in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$3.73M a year earlier. For the full fiscal 2025 it was -$16.57M, compared with -$11.43M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Research and development | $591.0K | $451.0K | $329.2K | $316.7K | - |
| Selling, general and admin | $11.93M | $11.21M | $11.52M | $4.51M | $456.8K |
| Operating income | -$16.45M | -$11.66M | -$10.55M | $2.72M | -$456.8K |
| Interest expense | - | $0 | $236.7K | - | - |
| Pre-tax income | -$14.03M | -$10.46M | -$10.34M | $2.72M | -$474.6K |
| Income tax | $106.0K | $51.0K | $166.3K | $431.6K | - |
| Net income | -$6.96M | -$3.33M | -$2.74M | $2.72M | -$474.6K |
| EPS, diluted | - | -$0.53 | -$0.45 | - | -$0.05 |
| Diluted shares | - | 6.3M | 6.1M | - | 4.0M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $57.22M | $19.14M | $28.88M | $463.5K | $87.6K |
| Current assets | $57.93M | $20.17M | $29.25M | $3.84M | $728.7K |
| Total assets | $60.25M | $23.57M | $31.93M | $6.36M | $174.96M |
| Current liabilities | $2.10M | $2.81M | $2.46M | $3.87M | $241.6K |
| Total liabilities | $2.11M | $2.89M | $3.10M | $5.25M | $6.28M |
| Shareholders' equity | $58.13M | $20.68M | $28.82M | $1.10M | -$6.79M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$8.89M | -$8.88M | -$9.11M | -$3.28M | -$528.3K |
| Capital expenditures | $7.68M | $2.55M | $58.6K | $4.4K | - |
| Free cash flow | -$16.57M | -$11.43M | -$9.17M | -$3.28M | - |
| Investing cash flow | -$2.39M | -$855.0K | -$58.6K | -$4.4K | -$174.22M |
| Financing cash flow | $49.45M | $0 | $37.50M | $3.66M | $175.25M |
| Stock-based compensation | $2.19M | $1.35M | $2.90M | $1.42M | - |
Key ratios
Income statement
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | $165.0K | $181.0K | $134.0K | $128.0K | $145.0K | $183.0K | $101.0K | $91.0K | $173.0K | $85.8K | $82.4K | $78.3K |
| Selling, general and admin | $2.36M | $2.67M | $3.08M | $2.75M | $3.09M | $3.00M | $2.73M | $2.69M | $2.99M | $2.79M | $2.28M | $2.51M |
| Operating income | -$2.52M | -$2.85M | -$7.15M | -$2.88M | -$3.24M | -$3.18M | -$2.83M | -$2.79M | -$3.16M | -$2.88M | -$2.36M | -$2.59M |
| Interest expense | - | - | - | - | - | - | - | - | - | - | $0 | $67.4K |
| Pre-tax income | -$2.05M | -$2.35M | -$6.57M | -$2.23M | -$2.57M | -$2.65M | -$2.60M | -$2.49M | -$2.85M | -$2.53M | -$2.15M | -$2.51M |
| Income tax | -$106.0K | $46.0K | -$23.0K | $104.0K | -$28.0K | $53.0K | $65.0K | $0 | -$13.9K | $0 | $47.1K | $119.2K |
| Net income | -$907.0K | -$1.21M | -$3.30M | -$1.16M | -$1.26M | -$1.25M | -$880.0K | -$778.0K | -$903.7K | -$772.4K | -$646.8K | -$773.2K |
| EPS, basic | -$0.04 | -$0.05 | - | - | -$0.07 | -$0.08 | - | - | - | -$0.13 | - | -$0.13 |
| EPS, diluted | -$0.04 | -$0.05 | - | - | -$0.07 | -$0.08 | - | - | - | -$0.13 | -$0.11 | -$0.13 |
| Diluted shares | 22.1M | 22.1M | - | - | 18.8M | 14.8M | - | - | - | 6.2M | - | 6.2M |
Balance sheet
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $53.45M | $54.28M | $57.22M | $59.44M | $62.16M | $65.38M | $19.14M | $21.77M | $23.31M | $26.04M | $28.88M | $31.25M |
| Current assets | $54.34M | $55.33M | $57.93M | $61.45M | $63.97M | $67.17M | $20.17M | $22.77M | $24.97M | $27.45M | $29.25M | $32.10M |
| Total assets | $56.82M | $57.91M | $60.25M | $67.18M | $68.73M | $71.29M | $23.57M | $25.91M | $27.84M | $30.06M | $31.93M | $34.57M |
| Current liabilities | $2.08M | $1.54M | $2.10M | $3.11M | $2.93M | $3.46M | $2.81M | $3.52M | $3.34M | $2.95M | $2.46M | $3.82M |
| Total liabilities | $2.08M | $1.57M | $2.11M | $3.14M | $2.98M | $3.55M | $2.89M | $3.61M | $3.45M | $3.10M | $3.10M | $3.82M |
| Shareholders' equity | $54.74M | $56.34M | $58.13M | $64.05M | $65.75M | $67.74M | $20.68M | $22.29M | $24.39M | $26.95M | $28.82M | $30.75M |
Cash flow
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$826.0K | -$2.62M | -$1.33M | -$1.68M | -$2.18M | -$3.70M | -$2.23M | -$1.64M | -$2.19M | -$2.83M | -$2.32M | -$1.99M |
| Capital expenditures | $1.0K | $458.0K | $3.23M | $2.44M | $1.55M | $473.0K | $1.10M | $892.7K | $544.0K | $8.3K | $55.9K | - |
| Free cash flow | -$827.0K | -$3.08M | -$4.55M | -$4.12M | -$3.73M | -$4.17M | -$3.33M | -$2.53M | -$2.73M | -$2.84M | -$2.37M | - |
| Investing cash flow | -$1.0K | -$317.0K | -$899.0K | -$935.0K | -$540.0K | -$12.0K | -$404.0K | $101.3K | -$544.0K | -$8.3K | -$55.9K | - |
| Financing cash flow | $0 | $0 | $0 | $0 | -$504.0K | $49.95M | $0 | $0 | $0 | $0 | $0 | -$16.6K |
| Stock-based compensation | $486.0K | $597.0K | $642.0K | $631.0K | $495.0K | $417.0K | $442.0K | $400.7K | $262.6K | $248.7K | $277.6K | $276.9K |
Key ratios
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 26.16 | 35.93 | 27.58 | 19.78 | 21.81 | 19.43 | 7.18 | 6.47 | 7.47 | 9.29 | 11.90 | 8.40 |
Source: XBRL data Verde Clean Fuels Inc. files with the SEC, latest filing dated Aug 11, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
VGAS peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| VGAS | - | - | -$6.57M | - | $45.2M |
| LIN | $36.24B | +8.2% | $7.01B | 19.3% | $236.08B |
| APD | $12.60B | +4.5% | -$47.30M | -0.4% | $70.46B |
| DOW | $42.61B | +4.2% | -$897.00M | -2.1% | $25.12B |
| IFF | $9.98B | -4.6% | $290.00M | 2.9% | $23.73B |
| LYB | $31.96B | +3.5% | $1.30B | 4.1% | $22.17B |
| DD | $7.06B | +3.2% | $301.00M | 4.3% | $18.91B |
| ALB | $5.91B | +18.3% | $224.18M | 3.8% | $10.74B |
| SOLS | $4.09B | +9.2% | $210.00M | 5.1% | $9.62B |
VGAS FAQ
5 questionsIs VGAS profitable?
No. Verde Clean Fuels Inc. reported a net loss of $6.57M for the twelve months ended Jun 30, 2026.How much cash and debt does VGAS have?
Verde Clean Fuels Inc. reported $53.45M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is VGAS free cash flow?
Verde Clean Fuels Inc. generated -$12.57M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$6.45M less capital expenditures.When did VGAS last report financial results?
The latest statements here come from Verde Clean Fuels Inc.'s 10-Q filed on Aug 11, 2026, covering the period ended Jun 30, 2026.Where does this VGAS financial data come from?
Quantisnow builds these statements from the structured XBRL data Verde Clean Fuels Inc. files with the SEC. It is provided for information only and is not investment advice.