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OPAL Fuels Inc. (OPAL)

OPAL Fuels Inc. brought in $339.9M of revenue over the twelve months to June 30, 2026, up 3.0% from a year earlier. It posted a net loss of $425K. In fiscal 2025 capital spending exceeded operating cash flow by $34.2M. At June 30, 2026 it held $91.4M in cash against $440.1M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 10, 2026.

Revenue (last 12 months)
$339.9M
+3.0% year on year
Net margin
-0.1%

What OPAL Fuels Inc. does

OPAL Fuels Inc. is registered with the SEC under industry code SIC 4932 (Gas & Other Services Combined). Its shares trade on NASDAQ under the ticker OPAL.

Revenue and profit by year

Revenue
FY21: $166.1M $166.1M FY21FY22: $235.5M $235.5M FY22FY23: $256.1M $256.1M FY23FY24: $300M $300M FY24FY25: $349M $349M FY25
Net income
FY21: -$16.2M -$16.2M FY21FY22: $3.4M $3.4M FY22FY23: $18.9M $18.9M FY23FY24: $561K $561K FY24FY25: $4.3M $4.3M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$349M$7.4M$4.3M$0.15-$34.2M
2024$300M$21.2M$561K$0.02-$95.9M
2023$256.1M$7M$18.9M$0.69-$75.6M
2022$235.5M$7.6M$3.4M$0.12-$132.8M
2021$166.1M$11M-$16.2M$0.00-$70.8M

Latest SEC filings

What OPAL Fuels Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 14, 2026
    Shelf registration to sell securities (amended) S-3/A
  2. September 4, 2026
    Shelf registration to sell securities S-3
  3. August 10, 2026
    Quarterly report 10-Q · period to June 30, 2026
  4. August 10, 2026
    Quarterly results 8-K
  5. July 28, 2026
    Investor disclosure 8-K
  6. June 22, 2026
    Shareholder vote results 8-K
  7. June 3, 2026
    Other event 8-K
  8. May 20, 2026
    Shareholder rights changed 8-K
  9. May 11, 2026
    Quarterly results 8-K
  10. May 11, 2026
    Quarterly report 10-Q · period to March 31, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 8, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about OPAL

What does OPAL Fuels Inc. do?

OPAL Fuels Inc. is registered with the SEC under industry code SIC 4932 (Gas & Other Services Combined). Its shares trade on NASDAQ under the ticker OPAL.

Is OPAL Fuels Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $425K on revenue of $339.9M.

How much revenue does OPAL Fuels Inc. make?

Over the twelve months to June 30, 2026 OPAL Fuels Inc. reported revenue of $339.9M. That is 3.0% more than a year earlier.

When did OPAL Fuels Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 10, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the shelf registration to sell securities (amended) from September 14, 2026.

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Where the numbers come from

Financial figures are the values OPAL Fuels Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.