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Opal Fuels Inc. revenue

Opal Fuels Inc.'s revenue was $349m in fiscal 2025, up 16.3% on the year before. Since fiscal 2021 ($166m) it has grown at a compound 20.4% a year. Over the last twelve months it was $340m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue166236256300349340
Growth on the year before—+41.8%+8.7%+17.1%+16.3%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Fuel Station Services $215M 61.5% ▲ 28.6%
Renewable Natural Gas Fuel Supply $102M 29.1% ▲ 15.0%
Renewable Power $32.8M 9.4% ▼ 26.7%

From Opal Fuels Inc.'s 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Gas Utilities: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Opal Fuels Inc. $340m 3.0% 13.7%
Clean Energy Fuels Corp. $442m 5.2% -1.4%
Chesapeake Utilities Corp $994m 14.6% 13.9%
RGC Resources Inc $107m 13.8% 2.6%
Northwest Natural Holding Co $1.29bn 4.4% 2.7%
Suburban Propane Partners LP $1.39bn -2.5% -1.1%

Compare with peers

Head to head: CLNE vs OPALCPK vs OPALOPAL vs RGCO

More: Gas Utilities stocks compared, Utilities sector, rankings of US companies

Figures from Opal Fuels Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Opal Fuels Inc.