OPAL Fuels (OPAL) EBITDA (2021 - 2026)
OPAL Fuels' (OPAL) quarterly EBITDA came in at -$3.0 million in Q2 2026, down 264.09% year-over-year from $1.8 million in Q2 2025, and up 37.83% quarter-over-quarter from -$4.8 million in Q1 2026.
Analysis
OPAL Fuels (OPAL) EBITDA (2021 - 2026) Analysis & Trends
OPAL Fuels has disclosed EBITDA across 6 years of filings, most recently posting -$3.0 million for Q2 2026.
- In Q2 2026, EBITDA fell 264.09% year-over-year to -$3.0 million; the TTM figure through Jun 2026 stood at $2.3 million (down 87.61% YoY), while the FY2025 annual figure was $29.0 million, down 24.49% from the prior year.
- EBITDA came in at -$3.0 million for Q2 2026 at OPAL Fuels, up from -$4.8 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $24.7 million in Q4 2023 to a low of -$7.3 million in Q1 2023.
- Average EBITDA over 5 years is $4.3 million, with a median of $4.1 million recorded in 2024.
- Year-over-year, EBITDA soared 1506.9% in 2022 and sank 454.22% in 2023.
- Over 5 years, EBITDA stood at $10.8 million in 2022, then soared by 128.73% to $24.7 million in 2023, then plunged by 81.38% to $4.6 million in 2024, then jumped by 43.43% to $6.6 million in 2025, then sank by 145.66% to -$3.0 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were -$3.0 million in Q2 2026, -$4.8 million in Q1 2026, and $6.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rex American Resources | 1.41 Bn | 1.03 Bn | 53.30 Mn | 37.68 Mn |
| 2 | Green Plains | 1.08 Bn | 836.45 Mn | 113.03 Mn | 67.87 Mn |
| 3 | Gevo | 373.36 Mn | 315.21 Mn | 19.80 Mn | -168.31 Mn |
| 4 | Clean Energy Fuels | 362.32 Mn | 222.17 Mn | 42.05 Mn | -5.13 Mn |
| 5 | Montauk Renewables | 355.25 Mn | 339.48 Mn | 52.02 Mn | 7.43 Mn |
| 6 | Aemetis | 130.78 Mn | 129.81 Mn | 13.52 Mn | 5.77 Mn |
| 7 | OPAL Fuels | 55.13 Mn | -37.15 Mn | 43.04 Mn | -3.01 Mn |
| 8 | Blue Biofuels | 33.41 Mn | 33.38 Mn | - | -731,106.00 |
| 9 | Verde Clean Fuels | 30.24 Mn | -23.32 Mn | - | -2.52 Mn |
| 10 | Clean Vision | 6.33 Mn | 6.33 Mn | - | - |
Historic Data
Download Data
Historic 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 | 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 |