OPAL Fuels (OPAL) Research & Development (2023 - 2026)
OPAL Fuels (OPAL) posted Research & Development of $1.8 million for Q1 2026, down 36.11% sequentially from $2.8 million in Q4 2025, and down 70.15% YoY from $6.1 million in Q1 2025.
OPAL Fuels (OPAL) Research & Development (2023 - 2026) Analysis & Trends
OPAL Fuels has reported Research & Development for 4 years, with the latest figure at $1.8 million in Q1 2026.
- Quarterly Research & Development fell 70.15% year-over-year to $1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.7 million (down 56.25% YoY) and the FY2025 annual result came in at $14.9 million, down 21.81% from the prior year.
- Research & Development fell to $1.8 million in Q1 2026 per OPAL's latest filing, from $2.8 million in the prior quarter.
- Over five years, Research & Development peaked at $8.6 million in Q4 2024 and troughed at $785000.0 in Q1 2024.
- A 4-year average of $3.1 million and a median of $2.5 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2026: Research & Development soared 860.4% in 2024, then sank 70.15% in 2026.
- Over 4 years, Research & Development stood at $894000.0 in 2023, then jumped by 860.4% to $8.6 million in 2024, then sank by 66.91% to $2.8 million in 2025, then sank by 36.11% to $1.8 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.8 million, $2.8 million, and $2.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.04 Bn | 28.51 Bn | - | - |
| 2 | Nisource | 20.20 Bn | 20.13 Bn | 867.50 Mn | - |
| 3 | Ugi | 8.24 Bn | 7.76 Bn | 573.00 Mn | - |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | - |
| 5 | Black Hills | 5.60 Bn | 5.52 Bn | - | - |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | - |
| 7 | Mdu Resources | 4.34 Bn | 4.29 Bn | - | - |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | - |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | - |
| 10 | OPAL Fuels | 64.32 Mn | -27.96 Mn | 43.04 Mn | 3.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30 Mn |
| Mar 31, 2026 | 1.82 Mn |
| Dec 31, 2025 | 2.84 Mn |
| Sep 30, 2025 | 2.54 Mn |
| Jun 30, 2025 | 3.48 Mn |
| Mar 31, 2025 | 6.08 Mn |
| Dec 31, 2024 | 8.59 Mn |
| Sep 30, 2024 | 6.80 Mn |
| Jun 30, 2024 | 2.94 Mn |
| Mar 31, 2024 | 785,000.00 |
| Dec 31, 2023 | 894,000.00 |
| Sep 30, 2023 | 974,000.00 |
| Jun 30, 2023 | 1.12 Mn |
| Mar 31, 2023 | 1.88 Mn |