Income Statement
OPAL FUELS INC.
OPAL
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Revenue
|
369.75 | 299.97 | 256.11 | 235.53 | - |
|
Cost of Revenue
|
166.78 | 15.15 | 5.75 | 78.95 | - |
|
Gross Profit
|
202.97 | 284.82 | 250.36 | 156.58 | - |
|
Operating Expenses
|
78.92 | 72.23 | 56.13 | 48.57 | 4.94 |
|
Research & Development
|
14.94 | 19.11 | 4.87 | - | - |
|
Selling, General & Administrative
|
63.98 | 53.12 | 51.26 | 48.57 | 4.94 |
|
Other Operating Expenses
|
- | - | - | - | - |
|
Operating Income
|
124.05 | 212.59 | 194.23 | 108.01 | -4.94 |
|
Non-Operating Income
|
-23.75 | 207.17 | 67.21 | 75.43 | - |
|
Interest Income
|
- | - | - | - | - |
|
Interest Expense
|
- | 15.06 | 5.23 | 3.78 | - |
|
Other Non-Op Income / Expense
|
2.63 | 2.21 | 124.47 | 1.94 | -11.25 |
|
Income Before Tax
|
38.30 | 33.51 | 127.02 | 32.58 | - |
|
Income Tax Expense
|
-52.75 | - | 0.00 | 0.00 | - |
|
Non-Controlling Interest
|
- | - | - | - | - |
|
Net Income
|
36.41 | 36.10 | 127.02 | 38.25 | -16.19 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY |
|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - |
|
EBITDA
|
124.05 | 212.59 | 194.23 | 108.01 | -4.94 |
|
Earnings Per Share (Basic)
|
0.15 | 0.02 | 0.70 | 0.13 | - |
|
Diluted EPS
|
0.15 | 0.02 | 0.69 | 0.12 | - |
|
Weighted Average Shares
|
28.14 | 27.62 | 27.15 | 25.77 | - |
|
Diluted Weighted Avg Shares
|
29.25 | 27.69 | 27.49 | 26.06 | - |
|
Comprehensive Income
|
- | - | - | - | - |