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

OPAL Fuels has disclosed Cost of Revenue across 6 years of filings, most recently posting $35.4 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $35.4 million, up 191.2% year-over-year; the trailing twelve-month figure through Mar 2026 was -$15.3 million (down 123.82% YoY), and the FY2025 annual result was $49.3 million, down 61.74% from the prior year.
• Cost of Revenue came in at $35.4 million for Q1 2026 at OPAL Fuels, up from -$69.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $71.8 million in Q4 2022 to a low of -$69.4 million in Q4 2025.
• The 5-year median for Cost of Revenue is $10.0 million (2024), against an average of $13.1 million.
• Across the five-year window, Cost of Revenue soared 1729.64% in 2024 and sank 304.59% in 2025, its largest moves.
• OPAL Fuels' Cost of Revenue stood at $71.8 million in 2022, then tumbled by 88.44% to $8.3 million in 2023, then jumped by 308.75% to $33.9 million in 2024, then tumbled by 304.59% to -$69.4 million in 2025, then surged by 150.99% to $35.4 million in 2026.
• The last three Cost of Revenue figures came in at $35.4 million (Q1 2026), -$69.4 million (Q4 2025), and $11.8 million (Q3 2025), per Business Quant data.