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Company research / OPAL

OPAL Fuels Inc. (OPAL)

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CIK 0001842279 · Nasdaq · Gas & Other Services Combined

  • Sector Transportation & Utilities
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, OPAL Fuels Inc. reported revenue of $348.98M. Revenue grew 16.3% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $339.89M.

Key ratios (year ended 2025-12-31)

2.1%
Operating margin
10.4%
Net margin
16.3%
Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-21

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue$339.89M$348.98M$299.97M$256.11M$235.53M$166.12M
R&D Expense$10.50M$14.94M$19.11M$4.87M$6.44Mn/a
Operating Income$2.33M$7.41M$21.22M$7.04M$7.56M$11.03M
Depreciation & Amortization$22.04M$22.47M$17.89M$14.56M$13.14M$10.65M
EBITDA$24.37M$29.88M$39.11M$21.61M$20.70M$21.68M
Net Income$17.83M$36.41M$14.32M$127.02M$32.58M$40.77M
EPS (Diluted)n/a$0.15$0.02$0.69$0.12$0.00
Total Assets$1.04B$959.47M$881.08M$754.61M$644.86M$380.84M
Total Liabilities$523.89M$461.71M$416.05M$297.12M$267.04M$285.89M
Long-Term Debt$440.11M$361.27M$307.46M$209.07M$170.44Mn/a
Shareholders' Equity$26.35M-$12.93M-$148.45M-$478.81M-$800.60M$14.0K
Cash & Equivalents$91.36M$24.41M$24.31M$38.35M$40.39M$39.31M
Operating Cash Flow$38.37M$36.50M$31.39M$38.27M-$1.35M$18.86M
Capital Expenditures$90.01M$70.74M$127.24M$113.83M$131.41M$89.65M
Free Cash Flow-$51.64M-$34.24M-$95.85M-$75.56M-$132.76M-$70.79M
Weighted Average Diluted Sharesn/a29.25M27.69M27.49M26.06Mn/a
EPS (Basic)n/a$0.15$0.02$0.70$0.13$0.00

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