Quarterly ResultAug 10, 2026, 07:12 AM
OPAL Fuels Q2 Adjusted EBITDA Jumps 40% to $23.1M
AI Summary
OPAL Fuels Inc. reported its second quarter 2026 financial results, with Adjusted EBITDA increasing 40% year-over-year to $23.1 million, driven by 45Z production tax credits, FSS segment growth, and G&A cost savings. Despite this, the company posted a net loss of $(4.1) million for the quarter, compared to a net income of $7.6 million in the prior year. Total revenue for the quarter grew 4% to $83.4 million, and management affirmed that results were in line with expectations, keeping them on track to meet annual guidance.
Key Highlights
- Adjusted EBITDA for Q2 2026 increased 40% to $23.1 million.
- Net loss for Q2 2026 was $(4.1) million, compared to $7.6 million net income last year.
- Revenue for Q2 2026 was $83.4 million, a 4% increase year-over-year.
- RNG produced was 1.3 million MMBtu in Q2 2026, up 4% from prior year.
- Entered a $100 million Master Agreement to monetize section 45Z Production Tax Credits.
- Liquidity stood at $162.3 million as of June 30, 2026.
- Capital expenditures for H1 2026 were $52.7 million, up from $33.4 million last year.
Price Impact
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