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 (OPAL) has 6 years of EBITDA data on file, last reported 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 84.65% YoY) and the FY2025 annual result came in at $29.0 million, down 24.49% 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.
  • The five-year high for EBITDA was $24.7 million in Q4 2023, with the low at -$7.3 million in Q1 2023.
  • Average EBITDA over 5 years is $4.8 million, with a median of $4.6 million recorded in 2024.
  • Year-over-year, EBITDA soared 1506.9% in 2022 and plunged 454.22% in 2023.
  • OPAL Fuels' EBITDA stood at $10.8 million in 2022, then soared by 128.73% to $24.7 million in 2023, then tumbled by 81.38% to $4.6 million in 2024, then jumped by 43.43% to $6.6 million in 2025, then plunged by 173.43% to -$4.8 million in 2026.
  • Business Quant data shows OPAL's EBITDA at -$4.8 million in Q1 2026, $6.6 million in Q4 2025, and $3.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 576.96 Mn
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 819.20 Mn
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 758.00 Mn
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 301.03 Mn
5 Black Hills 5.61 Bn 5.58 Bn - 201.90 Mn
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 189.59 Mn
7 Mdu Resources 4.26 Bn 4.20 Bn - 115.71 Mn
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 99.40 Mn
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn -4.74 Mn
10 OPAL Fuels 62.26 Mn -61.70 Mn 37.99 Mn -4.84 Mn

Historic Data

Download Data
DateValue
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 4.60 Mn
Sep 30, 2024 16.97 Mn
Jun 30, 2024 9.77 Mn
Mar 31, 2024 7.06 Mn
Dec 31, 2023 24.70 Mn
Sep 30, 2023 7.08 Mn
Jun 30, 2023 -4.00 Mn
Mar 31, 2023 -7.27 Mn
Dec 31, 2022 10.80 Mn
Sep 30, 2022 1.06 Mn
Jun 30, 2022 5.55 Mn
Mar 31, 2022 2.05 Mn
Dec 31, 2021 11.96 Mn
Sep 30, 2021 3.15 Mn
Jun 30, 2021 -394,413.00