Clean Energy Technologies Reports Revenue Decline but Increased Gross Profit for Nine Months Ending September 30, 2025

Clean Energy Technologies, Inc. (CETY) reported its financial results for the nine months ending September 30, 2025, revealing total revenue of $1.8 million, a decrease from $1.9 million in the same period of 2024. The decline was attributed primarily to reduced contributions from its natural gas business in China, which faced macroeconomic challenges. Despite the drop in revenue, the company experienced an increase in gross profit, which rose to $1.1 million from $641,575 year-over-year, largely due to higher-margin sales of refurbished systems.

Operating expenses for the nine-month period increased to $3.3 million from $3.2 million in 2024, driven by costs associated with a consulting agreement related to a potential acquisition. The net loss for the period was reported at $3.5 million, slightly improved from a loss of $3.6 million in the prior year. The company noted that the relatively stable net loss reflected reduced salary expenses and lower general costs, alongside improved margins from its U.S.-based operations.

CETY's balance sheet showed significant growth, with total assets increasing to $14.8 million as of September 30, 2025, compared to $9.5 million at the end of 2024. This growth was primarily driven by an increase in cash and accounts receivable, which rose to $826,786 and $2.4 million, respectively. The company’s stockholders' equity also improved to $7.1 million, up from $2.9 million, reflecting higher investments and a successful capital raise.

Strategically, CETY has focused on diversifying its operations across four segments: Clean Energy HRS, Waste-to-Energy, Engineering and Manufacturing, and CETY HK for natural gas trading. The company is actively pursuing growth opportunities in its Waste-to-Energy and Heat Recovery segments, with expectations of stronger revenue contributions in the latter half of the year. CETY is also working on finalizing its pilot Waste-to-Energy facility in Vermont, which is pending regulatory approval.

Looking ahead, CETY anticipates continued challenges in the natural gas market but remains optimistic about its growth strategy. The company plans to leverage its diversified portfolio to capitalize on the global shift towards renewable energy solutions. However, it acknowledges the need for additional capital to support its operations and growth initiatives, emphasizing the importance of securing sufficient funding to achieve its long-term objectives.