---
schema_version: "secwatch.filing_event.v1"
accession: "0001842279-22-000044"
form_type: "8-K/A"
ticker: "OPAL"
cik: "0001842279"
company_name: "OPAL Fuels Inc."
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:43:35.670308+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); FY22 Adj. EBITDA guidance $60-63M

## Summary
- Q3 2022 revenue $66.6M, up 41% YoY; net income $5.4M vs $0.8M prior year.
- Adjusted EBITDA Q3 $25.5M, up 130% YoY; nine-month Adj. EBITDA $40.6M, up 78%.
- FY2022 Adj. EBITDA guidance $60-63M; RNG production guidance 2.2-2.3M MMBtu.
- Filed 8-K/A to correct clerical error: nine-month Renewable Power revenue decline due to lower generation, not mark-to-market change.

## SEC filing metadata
- accession: 0001842279-22-000044
- form_type: 8-K/A
- ticker: OPAL
- cik: 0001842279
- company_name: OPAL Fuels Inc.
- filed_at: 2022-11-16T23:59:59+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/1842279/000184227922000044/0001842279-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842279/000184227922000044/opal-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001842279-22-000044
- JSON: https://secwatch.observer/filing/0001842279-22-000044.json
- Plain text: https://secwatch.observer/filing/0001842279-22-000044.txt

## Key facts
- Earnings Releases
  OPAL Fuels Inc. updated its the full year 2022 guidance (initiated).
  - Period: the full year 2022
  - Guidance: initiated
  - Result: guidance update
  source text: 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/1842279/000184227922000044/0001842279-22-000044-index.htm
- Earnings Releases
  OPAL Fuels Inc. reported the three months ended September 30, 2022 results: revenue $66.6 million, net income $5.4 million.
  - Period: the three months ended September 30, 2022
  - Revenue: $66.6 million
  - Net income: $5.4 million
  - 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1842279/000184227922000044/0001842279-22-000044-index.htm
- Earnings Releases
  OPAL Fuels Inc. reported the nine months ended September 30, 2022 results: revenue $168.8 million, net income $0.6 million.
  - Period: the nine months ended September 30, 2022
  - Revenue: $168.8 million
  - Net income: $0.6 million
  - Result: reported results
  source text: results for the three and nine months ended September 30, 2022. Financial Highlights • 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,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1842279/000184227922000044/0001842279-22-000044-index.htm

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