What is OPAL Fuels Inc.'s R&D?

OPAL Fuels Inc. (OPAL) reported R&D of $1.82M in Q1 2026.

How has OPAL Fuels Inc.'s R&D changed year-over-year?

OPAL Fuels Inc.'s R&D decreased by 70.2% year-over-year, from $6.08M to $1.82M.

What is the long-term trend for OPAL Fuels Inc.'s R&D?

Over 3 years (2022 to 2025), OPAL Fuels Inc.'s R&D has grown at a 32.4% compound annual growth rate (CAGR), from $6.44M to $14.94M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

OPAL Fuels Inc. OPAL R&D

R&D at other companies

NET PowerNPWR

$19.7M-12.8%

GevoGEVO

$1.5M+42.5%

Segments

By segment

See full

RNG fuel$1.82M-70.2%

Fuel Station Services$0—

Renewable Power Segment$0—

Other financials

Income statement

See full

Revenue$73.4M-14.1%

Operating income-$4.8M-149%

Net income-$5.6M-536%

EPS (diluted)-$0.09-800%

Balance sheet

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Cash & equivalents$137.0M+205%

Total debt$475.5M+59.2%

Total equity$8.2M-85.6%

Total assets$1.1B+19.9%

Cash flow

See full

Operating cash flow$12.9M-56.5%

CapEx$24.4M+111%

Free cash flow-$11.5M-163%

Valuation

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Market cap$66.79M-11.7%

Enterprise value$405.35M+11.3%

P/E2.3×—

P/S0.2×0.0×

Profitability

See full

Operating margin1.3%-3.7pp

Net margin8.8%—

FCF margin-18.9%-1.1pp

Returns & leverage

See full

Return on equity90.4%—

Debt / equity57.9×+52.6×

Current ratio2.2×+1.1×

Where this comes from

Reported directly by OPAL Fuels Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: OPAL Fuels Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is OPAL Fuels Inc.'s R&D?: OPAL Fuels Inc. (OPAL) reported R&D of $1.82M in Q1 2026.
How has OPAL Fuels Inc.'s R&D changed year-over-year?: OPAL Fuels Inc.'s R&D decreased by 70.2% year-over-year, from $6.08M to $1.82M.
What is the long-term trend for OPAL Fuels Inc.'s R&D?: Over 3 years (2022 to 2025), OPAL Fuels Inc.'s R&D has grown at a 32.4% compound annual growth rate (CAGR), from $6.44M to $14.94M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.