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OPAL Fuels Inc. OPAL Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Total revenues by Business
Fuel Station Services$177.98M-25.6%$239.16M+9.8%$217.85M+3.0%$211.52M+3.8%$203.75M+9.6%
Renewable Power Segment$25.68M-21.6%$32.77M-2.8%$33.7M-10.8%$37.78M-9.5%$41.72M-6.6%
RNG fuel$68.65M-32.9%$102.35M+0.6%$101.69M-2.8%$104.63M+5.7%$98.95M+11.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business
Fuel Station Services$37.3M-1.6%$37.89M+8.0%$35.07M-1.2%$35.48M-0.6%$35.71M+9.1%
Renewable Power Segment-$542K+76.6%-$2.32M
RNG fuel-$15.21M-50.2%-$10.13M
Other segment items by Business
Fuel Station Services$3.23M-6.1%$3.44M+793%$385K+142%$159K-61.8%$416K+197%
Renewable Power Segment$3.75M-14.0%$4.36M-30.3%$6.26M0.0%$6.26M-1.1%$6.33M+15.9%
RNG fuel$12.89M+10.5%$11.67M-7.3%$12.58M+2.2%$12.31M-1.8%$12.54M+10.8%
Cost of Sales by Business
Fuel Station Services$162.45M-2.6%$166.78M+9.3%$152.61M+4.5%$145.98M+5.6%$138.19M+7.3%
Renewable Power Segment$25.6M-4.2%$26.73M+2.3%$26.14M-6.6%$28M-6.7%$30M-7.7%
RNG fuel$49.96M+1.4%$49.28M+4.3%$47.25M+3.9%$45.46M+7.3%$42.37M+9.9%
RNG Fuel Supply$50.1M+1.4%$49.43M+4.3%$47.39M+3.9%$45.6M+9.0%$41.84M+9.4%
Cost of sales and other operating costs by Business
Fuel Station Services$162.45M-2.6%$166.78M+9.3%$152.61M+4.5%$145.98M+6.0%$137.7M+6.9%
Renewable Power Segment$25.6M-4.2%$26.73M+2.3%$26.14M-6.6%$28M-6.7%$30M-7.7%
Service agreements by Business
Fuel Station Services$0$0$0$0$0
Renewable Power Segment$0$0$0$0$0
RNG fuel$521K+31.6%$396K+46.1%$271K+85.6%$146K$0
Interest and financing expense, net by Business
Renewable Power Segment-$82K-5.1%-$78K-14.7%-$68K+9.3%-$75K+13.8%-$87K+34.1%
RNG fuel$26.63M+1.2%$26.32M+5.5%$24.94M+8.6%$22.97M+6.6%$21.55M+10.1%
Investments in other entities by Business
Fuel Station Services$0$0$0
Renewable Power Segment$0$0$0
RNG fuel$907.63M+0.5%$902.81M+0.9%$895.18M
Cash paid for purchases of property, plant and equipment by Business
Fuel Station Services$24.76M-7.1%$26.66M+48.6%$17.94M-9.3%$19.78M-8.0%$21.51M+16.8%
Renewable Power Segment$1.09M0.0%$1.09M+122%$491K+15.0%$427K$0
RNG fuel$58.96M+33.2%$44.26M-54.3%$96.89M+6.8%$90.7M+0.2%$90.55M-16.8%
Income (Loss) from Equity Method Investments by Business
Fuel Station Services$0$0$0$0
Renewable Power Segment$0$0$0$0
RNG fuel$1.59M-39.4%$2.63M-20.0%$3.28M-49.2%$6.47M
Depreciation, amortization, and accretion by Business
Fuel Station Services$5.93M-7.4%$6.41M+0.8%$6.35M0.0%$6.35M+0.4%$6.33M+12.7%
Renewable Power Segment$4.01M+0.3%$4M+3.3%$3.87M-0.9%$3.91M-1.5%$3.97M-1.3%
RNG fuel$12.2M+1.1%$12.06M+2.6%$11.76M+8.4%$10.85M+10.5%$9.82M+19.0%
Total assets of consolidated VIEs by Business
Fuel Station Services$742.43M+0.1%$741.38M+2.4%$723.83M+1.1%$715.87M+3.5%$691.76M+4.5%
Renewable Power Segment$117.99M-1.9%$120.31M-1.5%$122.09M-3.8%$126.88M-3.4%$131.29M-4.2%
RNG fuel$2.7B+2.4%$2.64B+1.5%$2.6B+12.0%$2.32B+15.2%$2.01B+18.0%
Project development and startup costs by Business
Fuel Station Services$0$0$0$0$0
Renewable Power Segment$0$0$0$0$0
RNG fuel$10.68M-28.6%$14.94M-27.8%$20.69M-17.1%$24.95M+2.2%$24.41M+27.7%
Total revenues by Product
Electricity sales$17.24M-21.5%$21.96M
Other$1.8M-4.4%$1.88M-14.2%$2.2M+14.0%$1.93M+8.3%$1.78M+1.1%

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Questions, answered.

How does OPAL Fuels Inc. break its business down?
OPAL Fuels Inc. (OPAL) reports total revenues by business across 3 parts — Fuel Station Services, Renewable Power Segment and RNG fuel. Each is extracted from the segment footnotes and tracked over time.
Where does OPAL Fuels Inc.'s segment data come from?
Segment breakdowns are pulled from the segment footnotes in OPAL Fuels Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.