OPAL Fuels Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	336.94	348.98	299.97	256.11	235.53	166.12
Revenue Growth (YoY)	5.15%	16.34%	17.13%	8.74%	41.78%	41.13%
Cost of Revenue	238.01	242.79	199.85	183.9	162.79	115.07
Gross Profit	98.94	106.18	100.12	72.21	72.74	51.06
Selling, General & Admin	63.2	63.98	53.12	51.26	51.39	29.38
Depreciation & Amortization Expenses	22.14	22.47	17.89	14.57	13.14	10.65
Other Operating Expenses	12.43	12.32	7.89	-0.66	0.65	-
Total Operating Expenses	97.77	98.77	78.9	65.17	65.18	40.03
Operating Income	4.51	7.41	21.22	7.04	7.56	11.03
Interest Income	-	1.25	1.92	-	-	-
Interest Expense	-	-27.52	-21.53	-9.31	-6.64	-7.47
Other Non-Operating Income (Expense)	1.2	2.53	3.81	129.29	31.66	37.21
Total Non-Operating Income (Expense)	1.2	-23.75	-15.8	119.98	25.02	29.74
Pretax Income	-3.18	-16.34	5.42	127.02	32.58	40.77
Provision for Income Taxes	-50.42	-52.75	-8.91	-	-	-
Net Income	29.53	36.41	14.33	127.02	32.58	40.77
Minority Interest in Earnings	-12.23	21.66	3.29	97.08	21.26	40.56
Net Income Attributable to Preferred Dividends	17.39	10.47	10.47	11.01	7.93	0.21
Net Income to Common	-2.64	4.28	0.56	18.94	3.39	0
Net Income Growth	-	663.46%	-97.04%	458.42%	-	-
Shares Outstanding (Basic)	28	28	28	27	26	0
Shares Outstanding (Diluted)	29	29	28	27	26	0
Shares Change (YoY)	5.50%	5.62%	0.73%	5.49%	2640467.38%	0.10%
EPS (Basic)	0.01	0.15	0.02	0.70	0.13	41908.00
EPS (Diluted)	0.01	0.15	0.02	0.69	0.12	41908.00
EPS Growth	-50.00%	650.00%	-97.10%	475.00%	-100.00%	-
Free Cash Flow	-63.81	-34.24	-95.85	-75.56	-132.77	-70.79
Free Cash Flow Per Share	-2.18	-1.17	-3.46	-2.75	-5.09	-71722.40
Gross Margin	29.36%	30.43%	33.38%	28.19%	30.88%	30.74%
Operating Margin	1.34%	2.12%	7.07%	2.75%	3.21%	6.64%
Profit Margin	8.77%	10.43%	4.78%	49.60%	13.83%	24.54%
FCF Margin	-18.94%	-9.81%	-31.95%	-29.50%	-56.37%	-42.61%
EBITDA	26.65	29.88	39.11	22.25	21.47	21.68
EBITDA Margin	7.91%	8.56%	13.04%	8.69%	9.12%	13.05%
EBIT	4.51	7.41	21.22	7.04	7.56	11.03
EBIT Margin	1.34%	2.12%	7.07%	2.75%	3.21%	6.64%
Effective Tax Rate	1584.97%	322.90%	-164.35%	0.00%	0.00%	0.00%

SEC Filings: 10-K · 10-Q