OPAL Fuels Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $83.4M | $73.4M | $99.8M | $83.4M | $80.5M | $85.4M | $80.0M | $84.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $3.3M | $1.8M | $2.8M | $2.5M | $3.5M | $6.1M | $8.6M | $6.8M |
| SG&A Expense | $14.3M | $15.2M | $16.2M | $14.4M | $17.5M | $16.0M | $13.6M | $12.7M |
| Operating Income | $-3.0M | $-4.8M | $6.6M | $3.6M | $-827.0K | $-1.9M | $-346.0K | $12.3M |
| Operating Margin | -3.6% | -6.6% | 6.6% | 4.3% | -1.0% | -2.3% | -0.4% | 14.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-8.9M | $-11.3M | $-274.0K | $-3.2M | $-6.1M | $-6.8M | $-5.4M | $8.2M |
| Income Tax Expense | $-4.7M | $-5.7M | — | — | $-13.7M | $-8.0M | — | — |
| Net Income | $-4.1M | $-5.6M | $16.2M | $11.4M | $7.6M | $1.3M | $-5.4M | $17.1M |
| Net Margin | -5.0% | -7.6% | 16.2% | 13.7% | 9.4% | 1.5% | -6.7% | 20.4% |
| EPS (Basic) | $-0.05 | $-0.09 | $0.08 | $0.05 | $0.03 | $-0.01 | $-0.05 | $0.09 |
| EPS (Diluted) | $-0.05 | $-0.09 | $0.08 | $0.05 | $0.03 | $-0.01 | $-0.05 | $0.09 |
| Shares Outstanding (Basic) | 29.6M | 28.3M | 28.1M | 28.3M | 28.3M | 27.7M | 27.6M | 27.7M |
| Shares Outstanding (Diluted) | 29.6M | 28.3M | 29.3M | 29.6M | 29.2M | 27.7M | 27.7M | 27.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |