OPAL Fuels reports 2025 revenue $349M, up 16% YoY; Adj. EBITDA $90.2M, in guidance range

OPAL Fuels Inc.

Revenue $349.0M for 2025 (+16% YoY); Q4 revenue $99.8M (+25% YoY).
Net income $36.4M for 2025 vs $14.3M prior year; EPS $0.15.
Adjusted EBITDA $90.2M for 2025, within guidance; Q4 Adj. EBITDA $34.2M.
RNG production 4.9M MMBtu in 2025 (+29% YoY); sold $42.9M IRA tax credits.
Closed $180M preferred stock facility with Fortistar; $120M issued, redeemed prior preferred.

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