OPAL Fuels (OPAL) Gross Margin (2021 - 2026)
OPAL Fuels (OPAL) posted Gross Margin of 51.77% for Q1 2026, down 69.47% sequentially from 169.57% in Q4 2025, and down 3400.0% YoY from 1.57% in Q1 2025.
OPAL Fuels (OPAL) Gross Margin (2021 - 2026) Analysis & Trends
OPAL Fuels (OPAL) has 6 years of Gross Margin data on file, last reported at 51.77% in Q1 2026.
- Quarterly Gross Margin fell 3400.0% year-over-year to 51.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 104.55% (up 2464.0% YoY) and the FY2025 annual result came in at 85.88%, up 2882.0% from the prior year.
- Gross Margin slipped to 51.77% in Q1 2026 per OPAL's latest filing, from 169.57% in the prior quarter.
- The five-year high for Gross Margin was 169.57% in Q4 2025, with the low at 7.62% in Q4 2022.
- Average Gross Margin over 5 years is 79.13%, with a median of 85.77% recorded in 2025.
- Year-over-year, Gross Margin plunged 8914 bps in 2022 and surged 11196 bps in 2025.
- OPAL Fuels' Gross Margin stood at 7.62% in 2022, then surged by 1287 bps to 90.46% in 2023, then slumped by 36 bps to 57.61% in 2024, then surged by 194 bps to 169.57% in 2025, then plunged by 69 bps to 51.77% in 2026.
- Business Quant data shows OPAL's Gross Margin at 51.77% in Q1 2026, 169.57% in Q4 2025, and 85.88% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | - |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 78.93% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 55.79% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 88.02% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | - |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 52.68% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | - |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 41.08% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 4.94% |
| 10 | OPAL Fuels | 62.26 Mn | -61.70 Mn | 37.99 Mn | 51.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.77% |
| Dec 31, 2025 | 169.57% |
| Sep 30, 2025 | 85.88% |
| Jun 30, 2025 | 91.43% |
| Mar 31, 2025 | 85.77% |
| Dec 31, 2024 | 57.61% |
| Sep 30, 2024 | 88.12% |
| Jun 30, 2024 | 88.27% |
| Mar 31, 2024 | 85.75% |
| Dec 31, 2023 | 90.46% |
| Sep 30, 2023 | 84.37% |
| Jun 30, 2023 | 50.08% |
| Mar 31, 2023 | 98.82% |
| Dec 31, 2022 | -7.62% |
| Sep 30, 2022 | 53.66% |
| Jun 30, 2022 | 85.08% |
| Mar 31, 2022 | 86.19% |
| Dec 31, 2021 | 81.52% |
| Sep 30, 2021 | 67.24% |