OPAL Fuels Q2 adjusted EBITDA up 40% to $23.1 million; GAAP net loss of $4.1 million
OPAL Fuels reported second-quarter 2026 results for the period ended June 30, 2026, with revenue of $83.4 million, up 4% from $80.5 million a year earlier, and adjusted EBITDA of $23.1 million, up from $16.5 million. The company posted a GAAP net loss of $4.1 million, compared with net income of $7.6 million a year earlier, and it maintained its 2026 guidance. For shareholders, the profit measure moved the other way from adjusted EBITDA, and the quarter included a $4.1 million impairment loss.
Key points
- Q2 2026 revenue was $83.4 million, up 4% from $80.5 million; six-month revenue was $156.8 million, down 5%.
- Q2 2026 net loss was $4.1 million, or $(0.05) per share, versus net income of $7.6 million, or $0.03 per share, in Q2 2025.
- Q2 2026 adjusted EBITDA was $23.1 million, up 40%, a non-GAAP measure reconciled to GAAP net loss in the filing.
- The company recorded a $4.1 million impairment loss in the quarter and said it maintains its 2026 guidance.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.