---
schema_version: "secwatch.filing_event.v1"
accession: "0001842279-24-000029"
form_type: "8-K"
ticker: "OPAL"
cik: "0001842279"
company_name: "OPAL Fuels Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:00:44.065835+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OPAL Fuels Q1 revenue $65M (+51% YoY), net income $0.7M vs loss; RNG produced up 33%

## Summary
- Revenue $65M, up 51% YoY; net income $0.7M vs net loss $7.3M in Q1 2023.
- Adjusted EBITDA $15.2M, up $16.8M YoY; diluted EPS loss $0.01.
- RNG produced 0.8M MMBtu (+33% YoY); RNG sold as transportation fuel 16.4M GGEs (+98%).
- Prince William RNG facility (1.7M MMBtu annual capacity) commenced operations; Sapphire and Polk on track for Q3/Q4 2024.
- Started construction on fifteenth RNG project, Cottonwood (0.7M MMBtu capacity); aggregate portfolio design capacity 10.3M annual MMBtu.

## SEC filing metadata
- accession: 0001842279-24-000029
- form_type: 8-K
- ticker: OPAL
- cik: 0001842279
- company_name: OPAL Fuels Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1842279/000184227924000029/0001842279-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1842279/000184227924000029/opal-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001842279-24-000029
- JSON: https://secwatch.observer/filing/0001842279-24-000029.json
- Plain text: https://secwatch.observer/filing/0001842279-24-000029.txt

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