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Opal Fuels Inc. (OPAL) is a non-energy raw materials company in the oil-based and renewable fuel production industry, based in White Plains, United States, with about 330 full-time employees.
It reported revenue of $348.98 million for fiscal year 2025, up 16.3% from fiscal year 2024, and net income of $4.28 million. Its largest business segment, Fuel Station Services, brought in 63% of segment revenue in fiscal year 2025. Its market capitalization was $302.21 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
OPAL Fuels Inc. together with its subsidiaries, engages in the production and distribution of renewable natural gas (RNG) for use as a vehicle fuel for heavy and medium-duty trucking fleets throughout the United States. It operates through three segments, RNG Fuel, Fuel Station Services and Renewable Power.
Opal Fuels reported $348.98 million in revenue for fiscal year 2025, up 16.3% from $299.97 million in fiscal year 2024.
Fuel Station Services, with $234.77 million or 63% of segment revenue in fiscal year 2025. Next: RNG Fuel (28%) and Renewable Power (9%).
$302.21 million as of October 9, 2026.
Listed companies of a similar size in the same industry (oil-based and renewable fuel production) include Westlake Chemical Partners LP (WLKP), Montauk Renewables, Inc. (MNTK), Gevo, Inc. (GEVO), FutureFuel Corp. (FF).