NASDAQ$OPAL

Opal Fuels Inc-A · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

OPAL Fuels reported Q4 2024 revenue of $80.0M, a net loss of $5.4M.

For Q4 2024, OPAL Fuels reported Revenue was $80.0M, net loss was $5.4M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $80.0M for Q4 2024.
  • Net loss $5.4M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$80M

Previous: $87M-8.1%
EPS (adj)

-$0.05

Previous: $0.11-145.5%
RNG Produced (MMBtu)

1.1M

Previous: 800.0K+37.5%
RNG Dispensed (GGEs)

19.3M

Previous: 12.5M+54.4%
Total Volumes Sold/Dispensed/Serviced (GGEs)

41.9M

Previous: 35.3M+18.7%
Landfill RNG Design Capacity (MMBtu)

8.8M

No prior period
Inlet Design Capacity Utilization

67.0%

Previous: 80.0%-16.3%
Utilization of Inlet Gas

78.0%

Previous: 79.0%-1.3%
Net Income

-$5.4M

Previous: $20.1M-126.9%
Operating Income

$21.2M

Previous: $7.04M+201.4%

Revenue & EPS history

Opal Fuels · Revenue · Quarterly

$80M

Q4 2024-8.1%vs Q4 2023
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

Outlook emphasizes cost discipline, liquidity, and path to profitability.

Tailwinds

  • Management outlines strategic priorities and efficiency actions.
  • Segment commentary supports the operating narrative.

Headwinds

  • Losses may continue until scale or pricing improve.
  • Macro or input costs can pressure 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 Q4 2024

Historical avgQ4 2024

-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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