OPAL Fuels annual free cash flow
2021
2022
2023
2024
2025
OPAL Fuels Free Cash Flow (FCF) History (OPAL)
OPAL Fuels reported −$34.2M in free cash flow for fiscal 2025, an increase of $61.6M from the previous fiscal year, with a free cash flow margin of −10.48%.
View full OPAL Fuels company overviewOPAL Fuels free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$34.2M | $61.6M | — | −10.48% |
| 2024 | 2024-12-31 | −$95.9M | −$20.3M | — | −32.96% |
| 2023 | 2023-12-31 | −$75.6M | $57.2M | — | −30.08% |
| 2022 | 2022-12-31 | −$132.8M | −$62.0M | — | −57.56% |
| 2021 | 2021-12-31 | −$70.8M | — | — | −43.68% |
OPAL Fuels quarterly free cash flow
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$17.6M | $12.2M | — | −22.02% |
| Q1 2026 | 2026-03-31 | −$11.5M | −$29.6M | — | −16.99% |
| Q4 2025 | 2025-12-31 | −$13.4M | $41.6M | — | −15.12% |
| Q3 2025 | 2025-09-30 | −$9.3M | −$3.9M | — | −11.90% |
| Q2 2025 | 2025-06-30 | −$29.7M | −$7.3M | — | −38.37% |
| Q1 2025 | 2025-03-31 | $18.1M | $31.1M | — | +21.83% |
| Q4 2024 | 2024-12-31 | −$55.0M | −$66.8M | — | −73.82% |
| Q3 2024 | 2024-09-30 | −$5.4M | $17.8M | — | −6.53% |
| Q2 2024 | 2024-06-30 | −$22.5M | $7.2M | — | −32.17% |
| Q1 2024 | 2024-03-31 | −$13.0M | $21.6M | — | −20.38% |
| Q4 2023 | 2023-12-31 | $11.9M | $38.4M | — | +13.96% |
| Q3 2023 | 2023-09-30 | −$23.2M | $19.3M | — | −33.16% |
| Q2 2023 | 2023-06-30 | −$29.6M | $2.6M | — | −54.69% |
| Q1 2023 | 2023-03-31 | −$34.6M | −$3.1M | — | −82.29% |
| Q4 2022 | 2022-12-31 | −$26.5M | $2.5M | — | −40.93% |
| Q3 2022 | 2022-09-30 | −$42.5M | — | — | −65.10% |
| Q2 2022 | 2022-06-30 | −$32.2M | — | — | −61.21% |
| Q1 2022 | 2022-03-31 | −$31.5M | — | — | −65.74% |
| Q3 2021 | 2021-09-30 | −$29.0M | — | — | −63.52% |
OPAL Fuels free cash flow growth trends
OPAL Fuels's latest reported quarter, Q2 2026, generated −$17.6M in free cash flow, an increase of $12.2M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review OPAL Fuels filings at SEC.gov ↗