Opal Fuels Inc revenue by segment OPAL

Opal Fuels Inc splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Fuel Station Services at $214.6 million, 66% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
Revenue
313
327
291
251
231
Fuel Station Services
—
215
+28.6%
share 65.7%
167
+23.6%
share 57.4%
135
+15.0%
share 53.8%
117
share 50.9%
Renewable Natural Gas Fuel Supply
—
102
+15.0%
share 31.1%
88
+33.4%
share 30.4%
66
-9.4%
share 26.4%
73
share 31.7%
Renewable Power
—
33
-26.7%
share 10.0%
45
-18.5%
share 15.4%
55
+21.9%
share 21.8%
45
share 19.5%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Gas & Other Services Combined (SIC 4932)
Listed as
OPAL (Nasdaq)
Fiscal year ends
December 31
Headquarters
Boston, MA
SEC filer status
, Emerging growth company
SEC CIK
1842279
Former names
ArcLight Clean Transition Corp. II (until Jul 21, 2022)

Other Gas & Other Services Combined companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.