ClearSign Technologies reports Q2 2026 revenue of $560,000

ClearSign Technologies (NASDAQ: CLIR ) held its second-quarter earnings conference call on Wednesday.

Below is the complete transcript from the call.

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View the webcast at Summary ClearSign Technologies reported a significant year-over-year increase in Q2 2026 revenue to $560,000, driven by delivery of flare system orders and CFD studies.

The company's net loss decreased by $373,000 due to reduced general and administrative expenses, particularly from lower legal fees.

Cash and cash equivalents stood at $9.9 million as of June 30, 2026, with an additional $1.7 million raised through a private equity offering post-quarter.

Strategic initiatives include the addition of former Exxon technology leader Larry Sadler to the Board, enhancing strategic guidance and industry credibility.

The company is seeing strong demand in its M Series and process burner product lines, with significant orders and a promising sales pipeline.

A strategic shift towards a royalty or licensing model for burner manufacturing is being piloted to enhance scalability.

ClearSign Technologies anticipates substantial growth opportunities in the process burner and flare product lines, potentially leading to double-digit million revenues in the near future.

The company is actively managing resources to accommodate a busy quarter with multiple site installations and startups.

Full Transcript OPERATOR Greetings.

Welcome to the ClearSign Technologies 2Q26 earnings conference call.

At this time all participants are in a listen-only mode.

A question-and-answer session will follow the formal presentation.

If anyone should require operator assistance during the conference, please press Star 0 on your telephone keypad.

Please note this conference is being recorded.

I will now turn the conference over to your host, Matthew Sellinger, Investor Relations.

You may begin.

Please hold.

Ladies and gentlemen, we appear to be having technical difficulties.

Just one moment.

Matthew Sellinger, Investor Relations Good afternoon and thank you, Operator.

Welcome everyone to ClearSign Technologies Corporation's second quarter 2026 corporate update call.

During this conference call, the Company will make forward-looking statements.

Any statement that is not a statement of historical fact is a forward-looking statement.

This includes remarks about the Company's projections, expectations, plans, beliefs and prospects.

These statements are based on judgments and analysis as of the date of this conference call and are subject to numerous important risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

The risks and uncertainties associated with the forward-looking statements made in this conference call include, but are not limited to, whether field testing and sales of ClearSign products will be successfully completed, whether ClearSign will be successful in expanding the market for its products, and the other risks that are described in ClearSign's filings with the SEC, including those discussed under the Risk Factors section of the annual report on Form 10-K for the period ended December 31, 2025.

Except as required by law, ClearSign assumes no responsibility to update these forward-looking statements to reflect future events or actual outcomes and is not intended to do so.

So on the call with me today are Jim Deller, ClearSign's Chief Executive Officer, and Brent Hines, ClearSign's Chief Financial Officer.

So with that I am going to turn the call over to Jim Deller.

So Jim, please go ahead.

Jim Deller, CEO Thank you, Matthew.

As always, I'd like to thank everyone for joining us on the call today and your interest in ClearSign.