AI-extracted from the 10-Q filed 2026-08-10 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
OPAL Fuels Q2 revenue $83.4M flat YoY despite 5% RNG fuel decline, but net loss widened to $4.1M from $7.6M income on higher financing costs and $4.1M impairment charge.
Environmental attributes gained $0.5M but brown gas sales declined $1.8M due to lower mark-to-market gains
Renewable Power$6.5M-22% YoY
Environmental attribute revenue declined $1.6M, primarily at West Covina facility
Largest Expense Items
Cost of sales - Fuel Station Services$40.4M+4% YoY
Dispensing fees increased $5.1M; service labor costs up $0.8M, partially offset by lower construction costs
Cost of sales - RNG Fuel$12.3M+8% YoY
Royalty expense increased $0.5M, higher non-labor and maintenance costs $0.5M, higher gas expense $0.2M
Impairment loss$4.1MNew in Q2 2026
Renewable power segment impairment $3.6M from repurposing facility to RNG; Fuel Station Services $0.5M
Selling, general and administrative$14.3M-18% YoY
Lower compensation costs $1.8M, IT expenses $0.5M, D&O insurance $0.5M
Watch Items from the Filing
Single customer (Customer A) represents 45% of Q2 2026 revenue (42% of Q2 2025), with concentration in RNG fuel (22%), Fuel Station Services (22%), and Renewable Power (1%).
RNG Fuel revenue declined 14% YoY for H1 2026 ($45.5M vs. $52.7M) driven by $7.3M decrease in environmental attributes, reflecting lower RIN volumes, green gas sales, and LCFS credits.
Litigation exposure: two EPC contractors (MD Digester, VS Digester projects) seeking ~$14M change orders; arbitration hearing scheduled May-June 2027; mechanic's liens recorded totaling $9.6M by contractor and subcontractors.
Preferred funding commitment of $60M undrawn as of June 30, 2026; Series A-1 preferred dividend rate increased to 12% (from 8%) effective May 18, 2026, with enhanced redemption rights and protective provisions.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Battle Betsy L.DirectorGrant or award · Mar 31, 2026
Vemuri AshokDirectorGrant or award · Mar 31, 2026
Martell James JDirectorGrant or award · Mar 31, 2026
Moll Lance DDirectorGrant or award · Mar 31, 2026
Hasan KaziChief Financial OfficerGrant or award · Mar 31, 2026
Birck DarrellExecutive Vice PresidentGrant or award · Mar 31, 2026
About OPAL Fuels Inc. (OPAL): stock profile, AI score and financials
OPAL Fuels Inc. (OPAL) stock profile, AI quality score, and SEC EDGAR financial data, a Utilities sector company. 13F Pro's AI-powered ranking engine scores OPAL at 43.7/100 on a composite quality score built from its SEC filings, placing it at rank #1,961 of 2,925 stocks — the bottom half of the AI-ranked universe. OPAL scores in the top quartile across institutional flow (85.5). Areas of concern include free cash flow (15.3) and earnings quality (30.7), which score below median versus the broader universe. Shareholder dilution risk is elevated at 40.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), OPAL Fuels Inc. reports quarterly revenue of $83.4M, net income of $-4.1M, an operating margin of -3.6%. Top institutional holders of OPAL by reported 13-F value include Invesco Ltd., ARES MANAGEMENT, Electron Capital Partners, based on the most recent SEC filings. OPAL trades on the Nasdaq exchange and files with the SEC under CIK 1842279. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate OPAL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for OPAL Fuels Inc. directly from SEC EDGAR.