OPAL · XBRL financial data

OPAL Fuels financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (OPAL's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	71	87*	65	71	84	80*	85	80	83	100*	73	83
Revenue from contracts with customers	70	85*	64	70	83	74*	83	77	78	88*	67	80
Research and development	1	1*	1	3	7	9*	6	3	3	3*	2	3
Selling, general and administrative	14	10*	13	14	13	14*	16	17	14	16*	15	14
Operating income (loss)	2	23*	4	6	12	(0)*	(2)	(1)	4	7*	(5)	(3)
Interest expense	—	—	—	—	—	year only	6	7	—	year only	7	9
Other income (expense)	1	1*	1	0	1	0*	1	1	—	—	(1)	1
Income tax expense (benefit)	0	0*	0	0	—	year only	(8)	(14)	—	year only	(6)	(5)
Earnings per share, basic USD per share	(0.01)	—	(0.01)	(0.01)	0.09	—	(0.01)	0.03	0.05	—	(0.09)	(0.05)
Earnings per share, diluted USD per share	(0.01)	—	(0.01)	(0.01)	0.09	—	(0.01)	0.03	0.05	—	(0.09)	(0.05)
Weighted average shares, basic millions of shares	27	27*	27	28	28	28*	28	28	28	28*	28	30
Weighted average shares, diluted millions of shares	27	28*	27	28	28	28*	28	29	30	30*	28	30

Fiscal quarters (OPAL's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	15	38	28	19	20	24	40	29	30	24	133	91
Short-term investments	18	10	6	9	11	0	—	—	—	—	—	—
Accounts receivable	31	28	23	24	40	47	31	29	31	62	43	38
Prepaid and other current assets	5	6	6	6	5	11	10	12	11	16	18	14
Total current assets	106	128	106	105	123	117	116	123	123	123	213	163
Right-of-use asset	12	12	12	13	13	13	—	5	5	13	—	—
Goodwill	55	55	55	55	55	55	55	55	55	55	55	55
Total assets	690	755	750	782	831	881	885	906	917	959	1,061	1,040
Total current liabilities	57	76	75	81	98	104	102	98	83	104	97	90
Long-term debt	174	197	195	218	235	285	292	313	330	—	—	—
Lease liability, non-current	12	12	12	13	12	12	12	12	12	13	—	—
Total liabilities	254	297	297	328	361	416	420	432	434	462	549	524
Retained earnings (accumulated deficit)	(841)	(467)	(371)	(262)	(168)	(137)	69	(13)	19	(1)	20	38
Total stockholders' equity	(853)	(479)	(382)	(273)	(180)	(148)	57	(25)	7	(13)	8	26
Total liabilities and equity	690	755	750	782	831	881	885	906	917	959	1,061	1,040

Fiscal quarters (OPAL's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Stock-based compensation	2*	1*	1	2*	1*	2*	2	2*	1*	2*	2	2*
Net cash from operating activities	(3)*	33*	14	1*	18*	1*	30	(8)*	18*	(4)*	13	11*
Purchases of property and equipment	20*	22*	27	23*	23*	54*	12	22*	27*	10*	24	28*
Net cash from investing activities	(17)*	(29)*	(22)	(32)*	(32)*	(48)*	(9)	(27)*	(34)*	(7)*	(19)	(39)*
Proceeds from issuing common stock	0*	0*	0	0*	0*	0*	0	0*	0*	(0)*	—	—
Net cash from financing activities	14*	21*	(7)	22*	17*	52*	(5)	23*	16*	7*	115	(13)*
Net change in cash	(6)*	26*	(15)	(10)*	2*	5*	16	(11)*	—	—	—	—

SIC 4932 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4932 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
OPAL Fuels	91	83	11*	not reported	—	Q2 FY26 10-QJun 30, 2026
Montauk Renewables	16	54	15*	142.3M	—	Q2 FY26 10-QJun 30, 2026
Via Renewables	51	159	9.4	not reported	—	Q1 FY26 10-QMar 31, 2026
GridAI Technologies	1.4	0.1	(1.5)*	7.1M	0.9 quarters	Q2 FY26 10-Q/AJun 30, 2026
Allete	79	375	103*	58.1M	—	Q3 FY25 10-QSep 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.