OPAL Fuels annual net debt
2021
2022
2023
2024
2025
OPAL Fuels Net Debt Growth & History (OPAL)
OPAL Fuels's net debt was $353.0M for fiscal 2025.
View full OPAL Fuels company overviewOPAL Fuels annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $353.0M | $69.2M | +24.39% |
| 2024 | 2024-12-31 | $283.8M | $113.1M | +66.28% |
| 2023 | 2023-12-31 | $170.7M | $81.1M | +90.47% |
| 2022 | 2022-12-31 | $89.6M | −$5.2M | −5.46% |
| 2021 | 2021-12-31 | $94.8M | — | — |
OPAL Fuels quarterly net debt
Q4.21
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $348.7M | $52.7M | +17.82% |
| Q1 2026 | 2026-03-31 | $323.4M | $59.5M | +22.55% |
| Q4 2025 | 2025-12-31 | $353.0M | $69.2M | +24.39% |
| Q3 2025 | 2025-09-30 | $312.4M | $85.0M | +37.40% |
| Q2 2025 | 2025-06-30 | $296.0M | $84.1M | +39.69% |
| Q1 2025 | 2025-03-31 | $263.9M | $85.0M | +47.52% |
| Q4 2024 | 2024-12-31 | $283.8M | $113.1M | +66.28% |
| Q3 2024 | 2024-09-30 | $227.4M | $54.1M | +31.23% |
| Q2 2024 | 2024-06-30 | $211.9M | $106.7M | +101.52% |
| Q1 2024 | 2024-03-31 | $178.9M | $78.9M | +78.87% |
| Q4 2023 | 2023-12-31 | $170.7M | $81.1M | +90.47% |
| Q3 2023 | 2023-09-30 | $173.3M | $87.7M | +102.47% |
| Q2 2023 | 2023-06-30 | $105.2M | — | — |
| Q1 2023 | 2023-03-31 | $100.0M | — | — |
| Q4 2022 | 2022-12-31 | $89.6M | −$5.2M | −5.46% |
| Q3 2022 | 2022-09-30 | $85.6M | — | — |
| Q4 2021 | 2021-12-31 | $94.8M | — | — |
OPAL Fuels net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, OPAL Fuels's net debt increased from $94.8M to $353.0M, a change of $258.2M. The latest reported quarter, Q2 2026, shows $348.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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