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CLIRClearSign Technologies Corporation
$3.54$22M
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CLIR logo

ClearSign Technologies Corporation

CLIR
NASDAQ · Environmental Services
$3.54
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$22M
P/E-3.6x
52W High$11.20
Volume36.78K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Persistent Operational Losses Challenge Long-term Viability

ClearSign Technologies faces a precarious outlook as its project-based business model fails to generate consistent revenue, evidenced by a 52.4% revenue contraction in 2026Q1. The company's inability to achieve operating leverage, coupled with a massive $106.7...

GrowthMixed
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

CLIR price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-113% Peers

P/E is 113% below peer median

03

Market leadership

RS 28 · Lag

Laggard (Underperforming 72% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 13

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CLIR-37.89%
S&P 500 (^GSPC)+12.39%
1-Year Return
CLIR-50.49%
S&P 500 (^GSPC)+15.77%
3-Year Return
CLIR-68.95%
S&P 500 (^GSPC)+77.08%
5-Year Return
CLIR-85.06%
S&P 500 (^GSPC)+61.54%

Growth & profitability

Annual revenue & EPS trend
Revenue
$5M+45.6% YoY
Net income
-$5M-3.7% YoY
Free cash flow
-$5M-5.4% YoY
Operating margin
-113.4%+67.0 pts YoY
ROIC (TTM)-2060.8%
Avg ROIC 5Y-
ROE (TTM)-47.2%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate3/12 (25%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 17, 2026
-$0.22+12.0%
vs -$0.25
$560,000-8.6%
vs $612,500
Q3 2026
Aug 14, 2026
-$0.22+12.0%
vs -$0.25
$560,000-8.6%
vs $612,500
Q2 2026
May 20, 2026
-$0.39-34.5%
vs -$0.29
$191,000-85.0%
vs $1M
Q2 2026
May 15, 2026
-$0.39-34.5%
vs -$0.29
$191,000-85.0%
vs $1M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Accesswire·Sep 10, 2026
ClearSign Technologies Corporation to Present at H.C. Wainwright 28th Annual Global Investment Conference

Company to Present on Tuesday, September 15th at 3:30pm ET TULSA, OK / ACCESS Newswire / September 10, 2026 / ClearSign Technologies Corporation (NASDAQ:CLIR) ("ClearSign" or the "Company"), a leader in advanced combustion and sensing technologies that help industrial operators dramatically reduce emissions, increase efficiency and support the use of cleaner fuels including hydrogen announced today that Chief Executive Officer, Jim Deller, Ph.D., will present at the upcoming H.C.

Zacks Investment Research·Aug 27, 2026
ClearSign (CLIR) Upgraded to Buy: What Does It Mean for the Stock?

ClearSign (CLIR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Seeking Alpha·Aug 20, 2026
ClearSign Technologies Corporation (CLIR) Q2 2026 Earnings Call Transcript

ClearSign Technologies Corporation (CLIR) Q2 2026 Earnings Call Transcript

Accesswire·Aug 19, 2026
ClearSign Technologies Corporation Provides Second Quarter 2026 Update

TULSA, OK / ACCESS Newswire / August 19, 2026 / ClearSign Technologies Corporation (Nasdaq:CLIR) ("ClearSign" or the "Company"), a leader in advanced combustion and sensing technologies that help industrial operators dramatically reduce emissions, increase efficiency and support the use of cleaner fuels including hydrogen, today provides an update on operations for the second quarter ended June 30, 2026. "We made notable progress across multiple product lines," said Jim Deller, Ph.D.

Filtered for ClearSign Technologies CorporationMore Headlines
04

Compare before deciding

Benchmark CLIR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for ClearSign Technologies Corporation (CLIR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CLIR logoCLIRClearSign Technologies CorporationCurrent
$3.54$22.33M-3.5845.55%-105.01%-47.19%—
FTEK logoFTEKFuel Tech, Inc.
$1.65$51.42M-21.976.14%-12.75%-8.88%—
PESI logoPESIPerma-Fix Environmental Services, Inc.
$15.79$334.8M-21.054.33%-37.04%-40.97%—
CECO logoCECOCECO Environmental Corp.
$74.99$4.38B54.7338.79%-2.98%-3.58%—
ENVX logoENVXEnovix Corporation
$2.94$641.37M-3.9237.91%-473.89%-66.3%—
CLNE logoCLNEClean Energy Fuels Corp.
$1.62$356.76M-1.602.56%-21.27%-16.52%—

Compare CLIR vs Peers

ClearSign Technologies Corporation (CLIR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FTEK

Most directly comparable listed peer for CLIR.

Scale Benchmark

vs XOM

Larger-name benchmark to compare CLIR against a more recognizable public peer.

Peer Set

Compare Top 5

vs FTEK, PESI, CECO, ENVX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CLIR SEC Filings & Documents

ClearSign Technologies Corporation (CLIR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 20, 2026·SEC

Material company update

Aug 11, 2026·SEC

Material company update

Jul 23, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 31, 2026·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 14, 2026·SEC

FY 2026

May 15, 2026·SEC

FY 2025

Nov 14, 2025·SEC

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CLIR Frequently Asked Questions

ClearSign Technologies Corporation (CLIR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is ClearSign Technologies Corporation's revenue?

ClearSign Technologies Corporation (CLIR) reported $5.5M in revenue for fiscal year 2025.

How fast is ClearSign Technologies Corporation growing?

ClearSign Technologies Corporation (CLIR) grew revenue by 45.6% over the past year. This is strong growth.

Is CLIR profitable?

ClearSign Technologies Corporation (CLIR) reported a net loss of $5.2M for fiscal year 2025.

Dividend & Returns
What is CLIR's return on equity?

ClearSign Technologies Corporation (CLIR) has a return on equity (ROE) of -47.2%. Negative ROE indicates the company is unprofitable.

What is ClearSign Technologies Corporation's free cash flow?

ClearSign Technologies Corporation (CLIR) had negative free cash flow of $5.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CLIR back in 2009?

Total return calculator · dividends reinvested · 17+ years of data

See returns →