vs
Side-by-side financial comparison of OPAL Fuels Inc. (OPAL) and OppFi Inc. (OPFI). Click either name above to swap in a different company.
OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $85.6M, roughly 1.0× OppFi Inc.). OppFi Inc. runs the higher net margin — 19.7% vs 18.3%, a 1.4% gap on every dollar of revenue. On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs 5.9%). OppFi Inc. produced more free cash flow last quarter ($382.2M vs $-13.4M). Over the past eight quarters, OPAL Fuels Inc.'s revenue compounded faster (17.6% CAGR vs 16.3%).
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.
OppFi Inc. is a US-headquartered financial technology firm that provides responsible, accessible financial solutions including installment loans, credit-building tools and related support services to consumers underserved by traditional banking institutions, prioritizing fair terms to help users boost their long-term financial wellness.
OPAL vs OPFI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $88.4M | $85.6M |
| Net Profit | $16.2M | $16.8M |
| Gross Margin | — | — |
| Operating Margin | 7.5% | 36.1% |
| Net Margin | 18.3% | 19.7% |
| Revenue YoY | 18.7% | 5.9% |
| Net Profit YoY | 401.5% | 400.3% |
| EPS (diluted) | $0.08 | $1.48 |
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 | $88.4M | $85.6M | ||
| Q3 25 | $77.9M | $104.6M | ||
| Q2 25 | $77.4M | $100.2M | ||
| Q1 25 | $83.0M | $90.8M | ||
| Q4 24 | $74.5M | $80.8M | ||
| Q3 24 | $82.6M | $91.2M | ||
| Q2 24 | $69.8M | $86.3M | ||
| Q1 24 | $64.0M | $63.2M |
| Q4 25 | $16.2M | $16.8M | ||
| Q3 25 | $11.4M | $41.6M | ||
| Q2 25 | $7.6M | $-20.8M | ||
| Q1 25 | $1.3M | $-11.4M | ||
| Q4 24 | $-5.4M | $-5.6M | ||
| Q3 24 | $17.1M | $4.3M | ||
| Q2 24 | $1.9M | $3.1M | ||
| Q1 24 | $677.0K | $5.5M |
| Q4 25 | 7.5% | 36.1% | ||
| Q3 25 | 4.6% | 46.3% | ||
| Q2 25 | -1.1% | 44.7% | ||
| Q1 25 | -2.3% | 46.8% | ||
| Q4 24 | -0.5% | 30.5% | ||
| Q3 24 | 14.9% | 38.5% | ||
| Q2 24 | 8.1% | 34.2% | ||
| Q1 24 | 5.6% | 8.4% |
| Q4 25 | 18.3% | 19.7% | ||
| Q3 25 | 14.6% | 39.8% | ||
| Q2 25 | 9.8% | -20.7% | ||
| Q1 25 | 1.5% | -12.5% | ||
| Q4 24 | -7.2% | -6.9% | ||
| Q3 24 | 20.7% | 4.7% | ||
| Q2 24 | 2.7% | 3.6% | ||
| Q1 24 | 1.1% | 8.8% |
| Q4 25 | $0.08 | $1.48 | ||
| Q3 25 | $0.05 | $0.77 | ||
| Q2 25 | $0.03 | $-0.78 | ||
| Q1 25 | $-0.01 | $-0.48 | ||
| Q4 24 | $-0.05 | $-0.11 | ||
| Q3 24 | $0.09 | $0.21 | ||
| Q2 24 | $-0.01 | $0.16 | ||
| Q1 24 | $-0.01 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.4M | $49.5M |
| Total DebtLower is stronger | $361.3M | — |
| Stockholders' EquityBook value | $-12.9M | $58.5M |
| Total Assets | $959.5M | $754.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.4M | $49.5M | ||
| Q3 25 | $29.9M | $45.5M | ||
| Q2 25 | $29.3M | $45.2M | ||
| Q1 25 | $40.1M | $58.0M | ||
| Q4 24 | $24.3M | $61.3M | ||
| Q3 24 | $31.0M | $44.8M | ||
| Q2 24 | $27.6M | $46.6M | ||
| Q1 24 | $34.2M | $47.2M |
| 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 | $-12.9M | $58.5M | ||
| Q3 25 | $7.5M | $49.4M | ||
| Q2 25 | $-25.0M | $13.4M | ||
| Q1 25 | $57.1M | $22.6M | ||
| Q4 24 | $-148.4M | $32.8M | ||
| Q3 24 | $-180.1M | $34.9M | ||
| Q2 24 | $-273.0M | $18.6M | ||
| Q1 24 | $-382.4M | $18.2M |
| Q4 25 | $959.5M | $754.1M | ||
| Q3 25 | $916.7M | $720.6M | ||
| Q2 25 | $905.5M | $673.4M | ||
| Q1 25 | $884.9M | $640.1M | ||
| Q4 24 | $881.1M | $641.2M | ||
| Q3 24 | $831.1M | $619.3M | ||
| Q2 24 | $782.3M | $573.1M | ||
| Q1 24 | $750.5M | $563.2M |
| 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 | $-3.5M | $401.3M |
| Free Cash FlowOCF − Capex | $-13.4M | $382.2M |
| FCF MarginFCF / Revenue | -15.1% | 446.6% |
| Capex IntensityCapex / Revenue | 11.1% | 22.3% |
| Cash ConversionOCF / Net Profit | -0.22× | 23.82× |
| TTM Free Cash FlowTrailing 4 quarters | $-34.2M | $652.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.5M | $401.3M | ||
| Q3 25 | $18.2M | $105.1M | ||
| Q2 25 | $-7.9M | $95.6M | ||
| Q1 25 | $29.7M | $83.7M | ||
| Q4 24 | $-532.0K | $323.8M | ||
| Q3 24 | $17.7M | $77.6M | ||
| Q2 24 | $533.0K | $77.3M | ||
| Q1 24 | $13.7M | $74.4M |
| Q4 25 | $-13.4M | $382.2M | ||
| Q3 25 | $-9.3M | $99.9M | ||
| Q2 25 | $-29.7M | $91.0M | ||
| Q1 25 | $18.1M | $79.3M | ||
| Q4 24 | $-55.0M | $310.8M | ||
| Q3 24 | $-5.4M | $73.7M | ||
| Q2 24 | $-22.5M | $74.7M | ||
| Q1 24 | $-13.0M | $72.3M |
| Q4 25 | -15.1% | 446.6% | ||
| Q3 25 | -11.9% | 95.6% | ||
| Q2 25 | -38.4% | 90.8% | ||
| Q1 25 | 21.8% | 87.4% | ||
| Q4 24 | -73.8% | 384.6% | ||
| Q3 24 | -6.5% | 80.8% | ||
| Q2 24 | -32.2% | 86.6% | ||
| Q1 24 | -20.4% | 114.4% |
| Q4 25 | 11.1% | 22.3% | ||
| Q3 25 | 35.3% | 5.0% | ||
| Q2 25 | 28.2% | 4.6% | ||
| Q1 25 | 13.9% | 4.8% | ||
| Q4 24 | 73.1% | 16.1% | ||
| Q3 24 | 27.9% | 4.3% | ||
| Q2 24 | 32.9% | 3.0% | ||
| Q1 24 | 41.8% | 3.4% |
| Q4 25 | -0.22× | 23.82× | ||
| Q3 25 | 1.60× | 2.52× | ||
| Q2 25 | -1.04× | — | ||
| Q1 25 | 23.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.03× | 18.19× | ||
| Q2 24 | 0.28× | 25.21× | ||
| Q1 24 | 20.26× | 13.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
OPFI
Segment breakdown not available.
