---
schema_version: "secwatch.filing_event.v1"
accession: "0001842279-22-000039"
form_type: "8-K"
ticker: "OPAL"
cik: "0001842279"
company_name: "OPAL Fuels Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:18:13.713512+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OPAL Fuels Q3 revenue $66.6M (+41% YoY), Adj. EBITDA $25.5M (+130%); FY2022 EBITDA guidance $60-63M

## Summary
- Q3 revenue $66.6M (+41% YoY); net income $5.4M vs $0.8M year ago.
- Q3 Adj. EBITDA $25.5M, up 130% YoY; 9-month Adj. EBITDA $40.6M (+78% YoY).
- FY2022 Adj. EBITDA guidance $60-63M; RNG production expected 2.2-2.3M MMBtu.
- 9-month net income $0.6M, down from $19.0M prior year, reflecting non-cash items.

## SEC filing metadata
- accession: 0001842279-22-000039
- form_type: 8-K
- ticker: OPAL
- cik: 0001842279
- company_name: OPAL Fuels Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1842279/000184227922000039/0001842279-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842279/000184227922000039/opal-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001842279-22-000039
- JSON: https://secwatch.observer/filing/0001842279-22-000039.json
- Plain text: https://secwatch.observer/filing/0001842279-22-000039.txt

## Key facts
- Earnings Releases
  OPAL Fuels Inc. reported Three and nine months ended September 30, 2022 results: revenue $66.6 million (three months) and $168.8 million (nine months), net income $5.4 million (three months) and $0.6 million (nine months). Guidance initiated.
  - Period: Three and nine months ended September 30, 2022
  - Revenue: $66.6 million (three months) and $168.8 million (nine months)
  - Net income: $5.4 million (three months) and $0.6 million (nine months)
  - Guidance: initiated
  - Result: reported results
  source text: Revenues for the three and nine months ended September 30, 2022, were $66.6 million and $168.8 million, respectively, up 41% and 61%, compared to prior-year periods. • Net income for the three and nine months ended September 30, 2022, was $5.4 million and $0.6 million, respectively, compared to $0.8 million and $19.0 million, in the same period last year. • Adjusted EBITDA 1 for the three and nine months ended September 30, 2022, was $25.5 million and $40.6 million, respectively, up 130% and 78%, compared to prior-year periods. Full Year 2022 Guidance Expectations • Estimated Adjusted EBITDA 2 for the full year 2022 is anticipated to range between $60.0 million and $63.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1842279/000184227922000039/0001842279-22-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.