---
schema_version: "secwatch.filing_event.v1"
accession: "0001842279-23-000066"
form_type: "8-K"
ticker: "OPAL"
cik: "0001842279"
company_name: "OPAL Fuels Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:20:14.410721+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OPAL Fuels Q2 revenue $55M (+3% YoY); adjusted EBITDA $21.4M (+92%)

## Summary
- Q2 revenue $55.0M (+3% YoY); H1 revenue $98.0M (-4% YoY).
- Net income $114.1M includes one-time gain; adjusted net loss $7.8M ($0.06/share).
- Adjusted EBITDA $21.4M in Q2 (+92% YoY); H1 $30.1M (+97%).
- Full-year adjusted EBITDA guidance reaffirmed at $85-95M; production may be at low end.
- Unsold RINs and LCFS credits valued at $34.4M, up from $17.7M in Q1.

## SEC filing metadata
- accession: 0001842279-23-000066
- form_type: 8-K
- ticker: OPAL
- cik: 0001842279
- company_name: OPAL Fuels Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1842279/000184227923000066/0001842279-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842279/000184227923000066/opal-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001842279-23-000066
- JSON: https://secwatch.observer/filing/0001842279-23-000066.json
- Plain text: https://secwatch.observer/filing/0001842279-23-000066.txt

## Key facts
- Earnings Releases
  OPAL Fuels Inc. reported three and six months ended June 30, 2023 results: revenue $55.0 million and $98.0 million, net income $114.1 million and $106.7 million, EPS $0.66 and $0.60. Guidance reaffirmed.
  - Period: three and six months ended June 30, 2023
  - Revenue: $55.0 million and $98.0 million
  - Net income: $114.1 million and $106.7 million
  - EPS: $0.66 and $0.60
  - Guidance: reaffirmed
  - Result: reported results
  source text: we believe we are well positioned heading into the second half of 2023.” said Maurer. 1 Financial Highlights • Revenues for the three and six months ended June 30, 2023, were $55.0 million and $98.0 million, up 3% and down 4%, in the first half of the year compared to the same periods last year. As disclosed in previous reporting, revenue was affected by our
  evidence_url: https://www.sec.gov/Archives/edgar/data/1842279/000184227923000066/0001842279-23-000066-index.htm

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