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Side-by-side financial comparison of OPAL Fuels Inc. (OPAL) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.
Porch Group, Inc. is the larger business by last-quarter revenue ($121.1M vs $88.4M, roughly 1.4× OPAL Fuels Inc.). OPAL Fuels Inc. runs the higher net margin — 18.3% vs -3.9%, a 22.2% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 18.7%). Over the past eight quarters, Porch Group, Inc.'s revenue compounded faster (26.4% CAGR vs 17.6%).
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.
Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.
OPAL vs PRCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $88.4M | $121.1M |
| Net Profit | $16.2M | $-4.7M |
| Gross Margin | — | 52.7% |
| Operating Margin | 7.5% | 34.7% |
| Net Margin | 18.3% | -3.9% |
| Revenue YoY | 18.7% | 100.0% |
| Net Profit YoY | 401.5% | 2.0% |
| EPS (diluted) | $0.08 | $-0.04 |
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.
| Q1 26 | — | $121.1M | ||
| Q4 25 | $88.4M | $112.3M | ||
| Q3 25 | $77.9M | $115.1M | ||
| Q2 25 | $77.4M | $107.0M | ||
| Q1 25 | $83.0M | $84.5M | ||
| Q4 24 | $74.5M | $75.3M | ||
| Q3 24 | $82.6M | $77.7M | ||
| Q2 24 | $69.8M | $75.9M |
| Q1 26 | — | $-4.7M | ||
| Q4 25 | $16.2M | $-3.5M | ||
| Q3 25 | $11.4M | $-10.9M | ||
| Q2 25 | $7.6M | $2.6M | ||
| Q1 25 | $1.3M | $8.4M | ||
| Q4 24 | $-5.4M | $30.5M | ||
| Q3 24 | $17.1M | $14.4M | ||
| Q2 24 | $1.9M | $-64.3M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | — | 99.5% | ||
| Q3 25 | — | 75.6% | ||
| Q2 25 | — | 70.9% | ||
| Q1 25 | — | 77.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 79.4% | ||
| Q2 24 | — | 22.1% |
| Q1 26 | — | 34.7% | ||
| Q4 25 | 7.5% | 14.7% | ||
| Q3 25 | 4.6% | 14.2% | ||
| Q2 25 | -1.1% | 4.7% | ||
| Q1 25 | -2.3% | -1.5% | ||
| Q4 24 | -0.5% | 33.3% | ||
| Q3 24 | 14.9% | -3.2% | ||
| Q2 24 | 8.1% | -69.2% |
| Q1 26 | — | -3.9% | ||
| Q4 25 | 18.3% | -3.1% | ||
| Q3 25 | 14.6% | -9.4% | ||
| Q2 25 | 9.8% | 2.4% | ||
| Q1 25 | 1.5% | 9.9% | ||
| Q4 24 | -7.2% | 40.5% | ||
| Q3 24 | 20.7% | 18.5% | ||
| Q2 24 | 2.7% | -84.8% |
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $0.08 | $0.00 | ||
| Q3 25 | $0.05 | $-0.10 | ||
| Q2 25 | $0.03 | $0.00 | ||
| Q1 25 | $-0.01 | $0.07 | ||
| Q4 24 | $-0.05 | $0.34 | ||
| Q3 24 | $0.09 | $0.12 | ||
| Q2 24 | $-0.01 | $-0.65 |
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 | $68.4M |
| Total DebtLower is stronger | $361.3M | $391.3M |
| Stockholders' EquityBook value | $-12.9M | $26.3M |
| Total Assets | $959.5M | $806.6M |
| Debt / EquityLower = less leverage | — | 14.87× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $68.4M | ||
| Q4 25 | $24.4M | $57.3M | ||
| Q3 25 | $29.9M | $85.0M | ||
| Q2 25 | $29.3M | $79.8M | ||
| Q1 25 | $40.1M | $70.4M | ||
| Q4 24 | $24.3M | $191.7M | ||
| Q3 24 | $31.0M | $238.6M | ||
| Q2 24 | $27.6M | $308.4M |
| Q1 26 | — | $391.3M | ||
| Q4 25 | $361.3M | $392.8M | ||
| Q3 25 | $351.2M | $387.1M | ||
| Q2 25 | $331.6M | $394.1M | ||
| Q1 25 | $307.0M | $409.2M | ||
| Q4 24 | $307.5M | $403.9M | ||
| Q3 24 | $252.9M | $399.0M | ||
| Q2 24 | $233.3M | $436.8M |
| Q1 26 | — | $26.3M | ||
| Q4 25 | $-12.9M | $-24.6M | ||
| Q3 25 | $7.5M | $-27.9M | ||
| Q2 25 | $-25.0M | $-29.3M | ||
| Q1 25 | $57.1M | $-52.4M | ||
| Q4 24 | $-148.4M | $-43.2M | ||
| Q3 24 | $-180.1M | $-77.0M | ||
| Q2 24 | $-273.0M | $-101.9M |
| Q1 26 | — | $806.6M | ||
| Q4 25 | $959.5M | $797.4M | ||
| Q3 25 | $916.7M | $787.7M | ||
| Q2 25 | $905.5M | $770.7M | ||
| Q1 25 | $884.9M | $802.3M | ||
| Q4 24 | $881.1M | $814.0M | ||
| Q3 24 | $831.1M | $867.3M | ||
| Q2 24 | $782.3M | $876.1M |
| Q1 26 | — | 14.87× | ||
| Q4 25 | — | — | ||
| Q3 25 | 46.95× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 5.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| Free Cash FlowOCF − Capex | $-13.4M | — |
| FCF MarginFCF / Revenue | -15.1% | — |
| Capex IntensityCapex / Revenue | 11.1% | — |
| Cash ConversionOCF / Net Profit | -0.22× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-34.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-3.5M | $1.2M | ||
| Q3 25 | $18.2M | $40.8M | ||
| Q2 25 | $-7.9M | $35.6M | ||
| Q1 25 | $29.7M | $-11.2M | ||
| Q4 24 | $-532.0K | $-26.6M | ||
| Q3 24 | $17.7M | $12.4M | ||
| Q2 24 | $533.0K | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-13.4M | $1.1M | ||
| Q3 25 | $-9.3M | $40.7M | ||
| Q2 25 | $-29.7M | $35.4M | ||
| Q1 25 | $18.1M | $-11.2M | ||
| Q4 24 | $-55.0M | $-26.8M | ||
| Q3 24 | $-5.4M | $12.2M | ||
| Q2 24 | $-22.5M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | -15.1% | 1.0% | ||
| Q3 25 | -11.9% | 35.4% | ||
| Q2 25 | -38.4% | 33.0% | ||
| Q1 25 | 21.8% | -13.3% | ||
| Q4 24 | -73.8% | -35.6% | ||
| Q3 24 | -6.5% | 15.7% | ||
| Q2 24 | -32.2% | -34.3% |
| Q1 26 | — | — | ||
| Q4 25 | 11.1% | 0.1% | ||
| Q3 25 | 35.3% | 0.1% | ||
| Q2 25 | 28.2% | 0.2% | ||
| Q1 25 | 13.9% | 0.1% | ||
| Q4 24 | 73.1% | 0.3% | ||
| Q3 24 | 27.9% | 0.3% | ||
| Q2 24 | 32.9% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | -0.22× | — | ||
| Q3 25 | 1.60× | — | ||
| Q2 25 | -1.04× | 13.79× | ||
| Q1 25 | 23.11× | -1.33× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | 1.03× | 0.86× | ||
| Q2 24 | 0.28× | — |
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% |
PRCH
Segment breakdown not available.
