vs
Side-by-side financial comparison of Hippo Holdings Inc. (HIPO) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
Hippo Holdings Inc. is the larger business by last-quarter revenue ($120.4M vs $88.4M, roughly 1.4× OPAL Fuels Inc.). OPAL Fuels Inc. runs the higher net margin — 18.3% vs 5.0%, a 13.3% gap on every dollar of revenue. On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs 18.2%). Hippo Holdings Inc. produced more free cash flow last quarter ($9.1M vs $-13.4M). Over the past eight quarters, Hippo Holdings Inc.'s revenue compounded faster (18.9% CAGR vs 17.6%).
Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.
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.
HIPO vs OPAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $120.4M | $88.4M |
| Net Profit | $6.0M | $16.2M |
| Gross Margin | — | — |
| Operating Margin | 5.6% | 7.5% |
| Net Margin | 5.0% | 18.3% |
| Revenue YoY | 18.2% | 18.7% |
| Net Profit YoY | -86.4% | 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 | $120.4M | $88.4M | ||
| Q3 25 | $120.6M | $77.9M | ||
| Q2 25 | $117.3M | $77.4M | ||
| Q1 25 | $110.3M | $83.0M | ||
| Q4 24 | $101.9M | $74.5M | ||
| Q3 24 | $95.5M | $82.6M | ||
| Q2 24 | $89.6M | $69.8M | ||
| Q1 24 | $85.1M | $64.0M |
| Q4 25 | $6.0M | $16.2M | ||
| Q3 25 | $98.1M | $11.4M | ||
| Q2 25 | $1.3M | $7.6M | ||
| Q1 25 | $-47.7M | $1.3M | ||
| Q4 24 | $44.2M | $-5.4M | ||
| Q3 24 | $-8.5M | $17.1M | ||
| Q2 24 | $-40.5M | $1.9M | ||
| Q1 24 | $-35.7M | $677.0K |
| Q4 25 | 5.6% | 7.5% | ||
| Q3 25 | 81.3% | 4.6% | ||
| Q2 25 | 3.4% | -1.1% | ||
| Q1 25 | -41.3% | -2.3% | ||
| Q4 24 | 46.3% | -0.5% | ||
| Q3 24 | -5.4% | 14.9% | ||
| Q2 24 | -40.7% | 8.1% | ||
| Q1 24 | -38.7% | 5.6% |
| Q4 25 | 5.0% | 18.3% | ||
| Q3 25 | 81.3% | 14.6% | ||
| Q2 25 | 1.1% | 9.8% | ||
| Q1 25 | -43.2% | 1.5% | ||
| Q4 24 | 43.4% | -7.2% | ||
| Q3 24 | -8.9% | 20.7% | ||
| Q2 24 | -45.2% | 2.7% | ||
| Q1 24 | -42.0% | 1.1% |
| Q4 25 | $0.31 | $0.08 | ||
| Q3 25 | $3.77 | $0.05 | ||
| Q2 25 | $0.05 | $0.03 | ||
| Q1 25 | $-1.91 | $-0.01 | ||
| Q4 24 | $1.81 | $-0.05 | ||
| Q3 24 | $-0.34 | $0.09 | ||
| Q2 24 | $-1.64 | $-0.01 | ||
| Q1 24 | $-1.47 | $-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 | $218.3M | $24.4M |
| Total DebtLower is stronger | — | $361.3M |
| Stockholders' EquityBook value | $436.1M | $-12.9M |
| Total Assets | $1.9B | $959.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.3M | $24.4M | ||
| Q3 25 | $247.7M | $29.9M | ||
| Q2 25 | $198.9M | $29.3M | ||
| Q1 25 | $140.9M | $40.1M | ||
| Q4 24 | $197.6M | $24.3M | ||
| Q3 24 | $191.2M | $31.0M | ||
| Q2 24 | $175.9M | $27.6M | ||
| Q1 24 | $223.4M | $34.2M |
| Q4 25 | — | $361.3M | ||
| Q3 25 | — | $351.2M | ||
| Q2 25 | — | $331.6M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | — | $307.5M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $233.3M | ||
| Q1 24 | — | $208.7M |
| Q4 25 | $436.1M | $-12.9M | ||
| Q3 25 | $421.5M | $7.5M | ||
| Q2 25 | $332.5M | $-25.0M | ||
| Q1 25 | $322.8M | $57.1M | ||
| Q4 24 | $362.1M | $-148.4M | ||
| Q3 24 | $326.4M | $-180.1M | ||
| Q2 24 | $322.6M | $-273.0M | ||
| Q1 24 | $351.2M | $-382.4M |
| Q4 25 | $1.9B | $959.5M | ||
| Q3 25 | $1.9B | $916.7M | ||
| Q2 25 | $1.7B | $905.5M | ||
| Q1 25 | $1.5B | $884.9M | ||
| Q4 24 | $1.5B | $881.1M | ||
| Q3 24 | $1.5B | $831.1M | ||
| Q2 24 | $1.5B | $782.3M | ||
| Q1 24 | $1.5B | $750.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 46.95× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.38× | ||
| Q4 24 | — | — | ||
| 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 | $9.2M | $-3.5M |
| Free Cash FlowOCF − Capex | $9.1M | $-13.4M |
| FCF MarginFCF / Revenue | 7.6% | -15.1% |
| Capex IntensityCapex / Revenue | 0.1% | 11.1% |
| Cash ConversionOCF / Net Profit | 1.53× | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $14.8M | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.2M | $-3.5M | ||
| Q3 25 | $16.9M | $18.2M | ||
| Q2 25 | $24.7M | $-7.9M | ||
| Q1 25 | $-35.6M | $29.7M | ||
| Q4 24 | $47.5M | $-532.0K | ||
| Q3 24 | $46.8M | $17.7M | ||
| Q2 24 | $-10.6M | $533.0K | ||
| Q1 24 | $17.7M | $13.7M |
| Q4 25 | $9.1M | $-13.4M | ||
| Q3 25 | $16.8M | $-9.3M | ||
| Q2 25 | $24.6M | $-29.7M | ||
| Q1 25 | $-35.7M | $18.1M | ||
| Q4 24 | $47.2M | $-55.0M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | $-10.7M | $-22.5M | ||
| Q1 24 | $17.6M | $-13.0M |
| Q4 25 | 7.6% | -15.1% | ||
| Q3 25 | 13.9% | -11.9% | ||
| Q2 25 | 21.0% | -38.4% | ||
| Q1 25 | -32.4% | 21.8% | ||
| Q4 24 | 46.3% | -73.8% | ||
| Q3 24 | — | -6.5% | ||
| Q2 24 | -11.9% | -32.2% | ||
| Q1 24 | 20.7% | -20.4% |
| Q4 25 | 0.1% | 11.1% | ||
| Q3 25 | 0.1% | 35.3% | ||
| Q2 25 | 0.1% | 28.2% | ||
| Q1 25 | 0.1% | 13.9% | ||
| Q4 24 | 0.3% | 73.1% | ||
| Q3 24 | 0.0% | 27.9% | ||
| Q2 24 | 0.1% | 32.9% | ||
| Q1 24 | 0.1% | 41.8% |
| Q4 25 | 1.53× | -0.22× | ||
| Q3 25 | 0.17× | 1.60× | ||
| Q2 25 | 19.00× | -1.04× | ||
| Q1 25 | — | 23.11× | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 0.28× | ||
| Q1 24 | — | 20.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HIPO
Segment breakdown not available.
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
