Growth Metrics

OPAL Fuels (OPAL) Cost of Revenue (2021 - 2026)

OPAL Fuels' Cost of Revenue history spans 6 years, with the latest figure at $35.4 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 191.2% to $35.4 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$15.3 million, a 123.82% decrease, with the full-year FY2025 number at $49.3 million, down 61.74% from a year prior.
  • Cost of Revenue hit $35.4 million in Q1 2026 for OPAL Fuels, up from -$69.4 million in the prior quarter.
  • Over the last five years, Cost of Revenue for OPAL hit a ceiling of $71.8 million in Q4 2022 and a floor of -$69.4 million in Q4 2025.
  • Historically, Cost of Revenue has averaged $13.1 million across 5 years, with a median of $10.0 million in 2024.
  • Biggest five-year swings in Cost of Revenue: surged 1729.64% in 2024 and later tumbled 304.59% in 2025.
  • Tracing OPAL's Cost of Revenue over 5 years: stood at $71.8 million in 2022, then plummeted by 88.44% to $8.3 million in 2023, then surged by 308.75% to $33.9 million in 2024, then tumbled by 304.59% to -$69.4 million in 2025, then soared by 150.99% to $35.4 million in 2026.
  • Business Quant data shows Cost of Revenue for OPAL at $35.4 million in Q1 2026, -$69.4 million in Q4 2025, and $11.8 million in Q3 2025.