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Side-by-side financial comparison of Donnelley Financial Solutions, Inc. (DFIN) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
Donnelley Financial Solutions, Inc. is the larger business by last-quarter revenue ($172.5M vs $88.4M, roughly 2.0× OPAL Fuels Inc.). OPAL Fuels Inc. runs the higher net margin — 18.3% vs 3.6%, a 14.7% gap on every dollar of revenue. On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs 10.4%). Donnelley Financial Solutions, Inc. produced more free cash flow last quarter ($47.9M vs $-13.4M). Over the past eight quarters, OPAL Fuels Inc.'s revenue compounded faster (17.6% CAGR vs -7.9%).
Donnelley Financial Solutions (DFIN) is a financial compliance company based in Chicago, Illinois, United States. The company provides software as a service (SaaS) products, software-enabled services (SeS), print, and compliance services related to US Securities and Exchange Commission regulations to companies in capital and investment markets.
OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.
DFIN vs OPAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.5M | $88.4M |
| Net Profit | $6.2M | $16.2M |
| Gross Margin | — | — |
| Operating Margin | 8.3% | 7.5% |
| Net Margin | 3.6% | 18.3% |
| Revenue YoY | 10.4% | 18.7% |
| Net Profit YoY | -1.6% | 401.5% |
| EPS (diluted) | $0.31 | $0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $172.5M | $88.4M | ||
| Q3 25 | $175.3M | $77.9M | ||
| Q2 25 | $218.1M | $77.4M | ||
| Q1 25 | $201.1M | $83.0M | ||
| Q4 24 | $156.3M | $74.5M | ||
| Q3 24 | $179.5M | $82.6M | ||
| Q2 24 | $242.7M | $69.8M | ||
| Q1 24 | $203.4M | $64.0M |
| Q4 25 | $6.2M | $16.2M | ||
| Q3 25 | $-40.9M | $11.4M | ||
| Q2 25 | $36.1M | $7.6M | ||
| Q1 25 | $31.0M | $1.3M | ||
| Q4 24 | $6.3M | $-5.4M | ||
| Q3 24 | $8.7M | $17.1M | ||
| Q2 24 | $44.1M | $1.9M | ||
| Q1 24 | $33.3M | $677.0K |
| Q4 25 | 8.3% | 7.5% | ||
| Q3 25 | 16.1% | 4.6% | ||
| Q2 25 | 24.2% | -1.1% | ||
| Q1 25 | 22.8% | -2.3% | ||
| Q4 24 | 6.0% | -0.5% | ||
| Q3 24 | 10.1% | 14.9% | ||
| Q2 24 | 26.6% | 8.1% | ||
| Q1 24 | 21.9% | 5.6% |
| Q4 25 | 3.6% | 18.3% | ||
| Q3 25 | -23.3% | 14.6% | ||
| Q2 25 | 16.6% | 9.8% | ||
| Q1 25 | 15.4% | 1.5% | ||
| Q4 24 | 4.0% | -7.2% | ||
| Q3 24 | 4.8% | 20.7% | ||
| Q2 24 | 18.2% | 2.7% | ||
| Q1 24 | 16.4% | 1.1% |
| Q4 25 | $0.31 | $0.08 | ||
| Q3 25 | $-1.49 | $0.05 | ||
| Q2 25 | $1.28 | $0.03 | ||
| Q1 25 | $1.05 | $-0.01 | ||
| Q4 24 | $0.21 | $-0.05 | ||
| Q3 24 | $0.29 | $0.09 | ||
| Q2 24 | $1.47 | $-0.01 | ||
| Q1 24 | $1.09 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.5M | $24.4M |
| Total DebtLower is stronger | $171.3M | $361.3M |
| Stockholders' EquityBook value | $379.2M | $-12.9M |
| Total Assets | $800.4M | $959.5M |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.5M | $24.4M | ||
| Q3 25 | $22.7M | $29.9M | ||
| Q2 25 | $33.8M | $29.3M | ||
| Q1 25 | $16.2M | $40.1M | ||
| Q4 24 | $57.3M | $24.3M | ||
| Q3 24 | $33.6M | $31.0M | ||
| Q2 24 | $35.0M | $27.6M | ||
| Q1 24 | $43.7M | $34.2M |
| Q4 25 | $171.3M | $361.3M | ||
| Q3 25 | $154.7M | $351.2M | ||
| Q2 25 | $190.1M | $331.6M | ||
| Q1 25 | $189.5M | $307.0M | ||
| Q4 24 | $124.7M | $307.5M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $233.3M | ||
| Q1 24 | — | $208.7M |
| Q4 25 | $379.2M | $-12.9M | ||
| Q3 25 | $423.1M | $7.5M | ||
| Q2 25 | $432.1M | $-25.0M | ||
| Q1 25 | $419.9M | $57.1M | ||
| Q4 24 | $436.1M | $-148.4M | ||
| Q3 24 | $444.5M | $-180.1M | ||
| Q2 24 | $441.5M | $-273.0M | ||
| Q1 24 | $408.9M | $-382.4M |
| Q4 25 | $800.4M | $959.5M | ||
| Q3 25 | $816.3M | $916.7M | ||
| Q2 25 | $874.7M | $905.5M | ||
| Q1 25 | $852.8M | $884.9M | ||
| Q4 24 | $841.6M | $881.1M | ||
| Q3 24 | $843.6M | $831.1M | ||
| Q2 24 | $882.9M | $782.3M | ||
| Q1 24 | $867.8M | $750.5M |
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.37× | 46.95× | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.45× | 5.38× | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $59.8M | $-3.5M |
| Free Cash FlowOCF − Capex | $47.9M | $-13.4M |
| FCF MarginFCF / Revenue | 27.8% | -15.1% |
| Capex IntensityCapex / Revenue | 6.9% | 11.1% |
| Cash ConversionOCF / Net Profit | 9.65× | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $107.8M | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.8M | $-3.5M | ||
| Q3 25 | $74.4M | $18.2M | ||
| Q2 25 | $68.4M | $-7.9M | ||
| Q1 25 | $-37.7M | $29.7M | ||
| Q4 24 | $56.4M | $-532.0K | ||
| Q3 24 | $86.4M | $17.7M | ||
| Q2 24 | $56.2M | $533.0K | ||
| Q1 24 | $-27.9M | $13.7M |
| Q4 25 | $47.9M | $-13.4M | ||
| Q3 25 | $59.2M | $-9.3M | ||
| Q2 25 | $51.7M | $-29.7M | ||
| Q1 25 | $-51.0M | $18.1M | ||
| Q4 24 | $41.3M | $-55.0M | ||
| Q3 24 | $67.3M | $-5.4M | ||
| Q2 24 | $36.8M | $-22.5M | ||
| Q1 24 | $-40.2M | $-13.0M |
| Q4 25 | 27.8% | -15.1% | ||
| Q3 25 | 33.8% | -11.9% | ||
| Q2 25 | 23.7% | -38.4% | ||
| Q1 25 | -25.4% | 21.8% | ||
| Q4 24 | 26.4% | -73.8% | ||
| Q3 24 | 37.5% | -6.5% | ||
| Q2 24 | 15.2% | -32.2% | ||
| Q1 24 | -19.8% | -20.4% |
| Q4 25 | 6.9% | 11.1% | ||
| Q3 25 | 8.7% | 35.3% | ||
| Q2 25 | 7.7% | 28.2% | ||
| Q1 25 | 6.6% | 13.9% | ||
| Q4 24 | 9.7% | 73.1% | ||
| Q3 24 | 10.6% | 27.9% | ||
| Q2 24 | 8.0% | 32.9% | ||
| Q1 24 | 6.0% | 41.8% |
| Q4 25 | 9.65× | -0.22× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | 1.89× | -1.04× | ||
| Q1 25 | -1.22× | 23.11× | ||
| Q4 24 | 8.95× | — | ||
| Q3 24 | 9.93× | 1.03× | ||
| Q2 24 | 1.27× | 0.28× | ||
| Q1 24 | -0.84× | 20.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
