OPAL Fuels Q2 2025 revenue up 13% to $80.5M; net income $7.6M vs $1.9M prior year

OPAL Fuels Inc.

2025-Q2 EPS reported $0.02 revenue$165,863,000

Revenue $80.5M (+13% YoY); net income $7.6M (vs $1.9M); diluted EPS $0.03 (vs $(0.01)).
RNG production 1.2M MMBtu (+33% YoY); Fuel Station Services sold 40.8M GGEs (+11% YoY).
Adjusted EBITDA $16.5M (Q2) includes $2.0M non-recurring add-back; H1 $36.6M vs $36.3M.
Atlantic RNG on schedule for Q3 2025; Burlington & Cottonwood RNG expected in 2026.
Completed sale of $16.7M IRA Investment Tax Credits; guidance reaffirmed for 2025.

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