OPAL Fuels Q1 2025 revenue up 31% to $85.4M; adjusted EBITDA $20.1M

OPAL Fuels Inc.

2025-Q1 EPS reported -$0.01 revenue$85,407,000

Revenue $85.4M (+31% YoY); net income $1.3M vs $0.7M; diluted EPS -$0.01.
Adjusted EBITDA $20.1M, up from $15.2M in prior-year period.
RNG produced 1.1M MMBtu (+38% YoY); RNG dispensed 19.5M GGEs (+19%).
Completed $8.9M IRA Investment Tax Credit sale in Q1; expects more in 2025.
Two RNG facilities from Q4 2024 online and ramping; full-year outlook reaffirmed.

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