OPAL Fuels Inc. 8K

OPAL Fuels Inc. announced second quarter 2026 results showing strong Adjusted EBITDA growth supported by Section 45Z tax credits and RNG expansion despite reporting a GAAP net loss and modest revenue trends, entered a $100 million agreement to monetize tax credits, and reaffirmed its 2026 guidance.

On August 10, 2026, OPAL Fuels Inc. reported its financial and operating results for the quarter and six months ended June 30, 2026, highlighting a 40% year-over-year increase in quarterly Adjusted EBITDA to $23.1 million driven by Section 45Z production tax credits, growth in its Fuel Station Services segment, and G&A cost savings, while overall revenue grew modestly in the quarter and declined year-to-date and GAAP results reflected a net loss of $4.1 million for the quarter and $9.7 million year-to-date versus income in the prior-year periods. The company disclosed entering into a $100 million Master Agreement in April 2026 to monetize Section 45Z production tax credits and reported $16.3 million of RNG pending monetization at quarter end, along with liquidity of $162.3 million, increased capital expenditures on RNG projects and fueling stations, and continued advancement of new RNG facilities to expand production capacity, while reaffirming its full-year 2026 guidance. Operationally, RNG production volumes increased low single digits year over year, Fuel Station Services volumes declined slightly, and the company recorded an impairment in its Renewable Power and Fuel Station Services segments primarily related to repurposing a renewable power facility to RNG operations. Management emphasized the long-term growth opportunity from the structural economic advantage of natural gas versus diesel and the benefits of its vertically integrated model, and scheduled an earnings webcast for August 10, 2026 to discuss the quarterly results.

Filing Facts

CIK

1842279

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-054993

Alert Tier

6