OPAL Fuels (OPAL) Operating Income (2021 - 2026)

OPAL Fuels (OPAL) posted Operating Income 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) Operating Income (2021 - 2026) Analysis & Trends

OPAL Fuels (OPAL) has 6 years of Operating Income data on file, last reported at -$4.8 million in Q1 2026.

  • Quarterly Operating Income 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.
  • Operating Income 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 Operating Income was $21.4 million in Q4 2023, with the low at -$10.6 million in Q1 2023.
  • Average Operating Income over 5 years is $2.3 million, with a median of $2.3 million recorded in 2022.
  • Year-over-year, Operating Income plunged 968.76% in 2023 and jumped 2006.07% in 2025.
  • OPAL Fuels' Operating Income stood at $8.2 million in 2022, then soared by 161.45% to $21.4 million in 2023, then slumped by 101.62% to -$346000.0 in 2024, then jumped by 2006.07% to $6.6 million in 2025, then plunged by 173.43% to -$4.8 million in 2026.
  • Business Quant data shows OPAL's Operating Income 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) Op. Inc (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 764.80 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 -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
Jun 30, 2021 -394,413.00