OPAL Fuels (OPAL) EBITDA (2021 - 2026)
OPAL Fuels (OPAL) posted EBITDA of -$4.8 million for Q1 2026, down 173.43% sequentially from $6.6 million in Q4 2025, and down 149.38% YoY from $9.8 million in Q1 2025.
OPAL Fuels (OPAL) EBITDA (2021 - 2026) Analysis & Trends
OPAL Fuels has reported EBITDA for 6 years, with the latest figure at -$4.8 million in Q1 2026.
- Quarterly EBITDA fell 149.38% year-over-year to -$4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.5 million (down 71.27% YoY) and the FY2025 annual result came in at $7.4 million, down 65.06% from the prior year.
- EBITDA declined to -$4.8 million in Q1 2026 per OPAL's latest filing, from $6.6 million in the prior quarter.
- Over five years, EBITDA peaked at $21.4 million in Q4 2023 and troughed at -$10.6 million in Q1 2023.
- A 5-year average of $2.3 million and a median of $2.3 million in 2022 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2025: EBITDA slumped 968.76% in 2023, then surged 2006.07% in 2025.
- Over 5 years, EBITDA stood at $8.2 million in 2022, then surged by 161.45% to $21.4 million in 2023, then sank by 101.62% to -$346000.0 in 2024, then soared by 2006.07% to $6.6 million in 2025, then tumbled by 173.43% to -$4.8 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$4.8 million, $6.6 million, and $3.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.59 Bn | - | 320.41 Mn |
| 2 | Nisource | 20.23 Bn | 20.16 Bn | 867.50 Mn | 228.10 Mn |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | -44.00 Mn |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | 97.00 Mn |
| 5 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 31.89 Mn |
| 6 | ONE Gas | 5.18 Bn | 5.15 Bn | 272.01 Mn | 82.67 Mn |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | 47.95 Mn |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 52.90 Mn |
| 9 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 342.00 Mn |
| 10 | OPAL Fuels | 64.47 Mn | -27.81 Mn | 43.04 Mn | -3.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.01 Mn |
| Mar 31, 2026 | -4.84 Mn |
| Dec 31, 2025 | 6.60 Mn |
| Sep 30, 2025 | 3.59 Mn |
| Jun 30, 2025 | -827,000.00 |
| Mar 31, 2025 | -1.94 Mn |
| Dec 31, 2024 | -346,000.00 |
| Sep 30, 2024 | 12.31 Mn |
| Jun 30, 2024 | 5.69 Mn |
| Mar 31, 2024 | 3.57 Mn |
| Dec 31, 2023 | 21.38 Mn |
| Sep 30, 2023 | 3.60 Mn |
| Jun 30, 2023 | -7.37 Mn |
| Mar 31, 2023 | -10.57 Mn |
| Dec 31, 2022 | 8.18 Mn |
| Sep 30, 2022 | -1.94 Mn |
| Jun 30, 2022 | 2.31 Mn |
| Mar 31, 2022 | -989,000.00 |
| Dec 31, 2021 | 8.62 Mn |
| Sep 30, 2021 | 3.15 Mn |