OPAL Fuels (OPAL) Operating Income (2021 - 2026)
OPAL Fuels (OPAL) reported Operating Income of -$3.01 million for Q2 2026, compared with -$827,000 a year earlier.
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Analysis
OPAL Fuels (OPAL) Operating Income (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, OPAL Fuels' Operating Income came in at $2.33 million, down 74.7% year-over-year; for FY2025, it came in at $7.41 million, down 65.1% from FY2024.
- Operating Income has a four-year compound annual growth rate of -9.4% (FY2021 to FY2025).
- By year, Operating Income came in at $21.22 million in FY2024 (+201.4%), $7.04 million in FY2023 (-6.9%), $7.56 million in FY2022 (-31.4%) and $11.03 million in FY2021.
- Five-year quarterly Operating Income spans a low of -$10.57 million in Q1 2023 and a high of $21.38 million in Q4 2023.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$4.84 million (Q1 2026), $6.6 million (Q4 2025) and $3.59 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn | -64.11 Mn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn | 37.68 Mn |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn | 67.87 Mn |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - | -75,000.00 |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn | -5.13 Mn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn | -171.71 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn | -3.01 Mn |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn | 5.77 Mn |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - | -2.52 Mn |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | -731,106.00 |
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 | -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 |
API Access
OPAL Fuels Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=OPAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "OPAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=OPAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();