NASDAQ$OPAL

Opal Fuels Inc-A · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

OPAL Fuels reported Q3 2025, revenue of $83.4M, net income of $11.4M, diluted EPS of $0.05.

For Q3 2025, OPAL Fuels reported revenue of $83.4M, net income of $11.4M, diluted EPS was $0.05. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Revenue $83.4M.
  • Net income $11.4M.
  • Diluted EPS $0.05.

Headline financials

Total Revenue

$83.4M

Previous: $84M-0.8%
EPS (adj)

$0.05

Previous: $0.09-44.4%
Capital Expenditures

-$60.9M

Previous: -$72.8M+16.4%
Free Cash Flow

-$49.5M

Previous: -$55.7M+11.1%
Net Income

$11.4M

Previous: $17.1M-33.4%
Operating Income

$3.59M

Previous: $12.3M-70.9%
Gross Profit

$83.4M

Previous: $82.6M+0.9%

Revenue & EPS history

Opal Fuels · Revenue · Quarterly

$83.4M

Q3 2025-0.8%vs Q3 2024
Beat estimate in 1 of 14 quarters(7%)
ActualEstimate

Revenue by segment

Opal Fuels · $71.1M total across 3 segments · Q3 2023

  • Fuel Station Services
    $37.3M
  • RNG Fuel
    $20.1M
  • Renewable Power
    $13.7M

Forward guidance

The filing discusses OPAL Fuels's outlook for upcoming periods, including capital allocation, operating priorities, and market risks disclosed in the quarterly report.

Tailwinds

  • OPAL Fuels cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • Commodity, fuel, and input-cost inflation can affect margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-1.1%

Avg return

Earnings day

-3.6%

Avg return

5 days after

-1.7%

Avg return

30 days after

40%

6 / 15 earnings

Positive

+30.3%

Q4 2025

Best reaction

-12.9%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.5%-14.5%-14.5%
Q4 2025+30.3%-3.7%+15.0%
Q3 2025+4.0%+13.1%+30.2%
Q1 2025-7.5%-6.6%+33.2%
Q4 2024-12.9%-7.2%-26.4%
Q3 2024+0.0%-3.9%-4.7%
Q2 2024-2.4%-9.0%-14.9%
Q1 2024+2.4%-1.0%-7.3%
Q4 2023+1.9%+1.5%+0.4%
Q3 2023+0.9%+7.0%+0.3%
Q2 2023-5.1%-4.0%-9.5%
Q1 2023+0.5%+0.0%-5.0%
Q4 2022-3.4%-1.3%+7.5%
Q3 2022-10.4%-12.4%-16.5%
Q2 2022-10.9%-12.2%-12.9%

Discussion

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