vs
Side-by-side financial comparison of OPAL Fuels Inc. (OPAL) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $83.1M, roughly 1.1× PROCEPT BioRobotics Corp). OPAL Fuels Inc. runs the higher net margin — 18.3% vs -38.1%, a 56.4% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs 18.7%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% 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.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
OPAL vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $88.4M | $83.1M |
| Net Profit | $16.2M | $-31.6M |
| Gross Margin | — | 64.9% |
| Operating Margin | 7.5% | -4.1% |
| Net Margin | 18.3% | -38.1% |
| Revenue YoY | 18.7% | 20.2% |
| Net Profit YoY | 401.5% | -27.9% |
| EPS (diluted) | $0.08 | $-0.56 |
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 | — | $83.1M | ||
| Q4 25 | $88.4M | $76.4M | ||
| Q3 25 | $77.9M | $83.3M | ||
| Q2 25 | $77.4M | $79.2M | ||
| Q1 25 | $83.0M | $69.2M | ||
| Q4 24 | $74.5M | $68.2M | ||
| Q3 24 | $82.6M | $58.4M | ||
| Q2 24 | $69.8M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $16.2M | $-29.8M | ||
| Q3 25 | $11.4M | $-21.4M | ||
| Q2 25 | $7.6M | $-19.6M | ||
| Q1 25 | $1.3M | $-24.7M | ||
| Q4 24 | $-5.4M | $-18.9M | ||
| Q3 24 | $17.1M | $-21.0M | ||
| Q2 24 | $1.9M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | — | 60.6% | ||
| Q3 25 | — | 64.8% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 63.9% | ||
| Q4 24 | — | 64.0% | ||
| Q3 24 | — | 63.2% | ||
| Q2 24 | — | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | 7.5% | -40.6% | ||
| Q3 25 | 4.6% | -27.8% | ||
| Q2 25 | -1.1% | -28.0% | ||
| Q1 25 | -2.3% | -39.7% | ||
| Q4 24 | -0.5% | -28.9% | ||
| Q3 24 | 14.9% | -38.4% | ||
| Q2 24 | 8.1% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | 18.3% | -39.1% | ||
| Q3 25 | 14.6% | -25.7% | ||
| Q2 25 | 9.8% | -24.7% | ||
| Q1 25 | 1.5% | -35.8% | ||
| Q4 24 | -7.2% | -27.6% | ||
| Q3 24 | 20.7% | -35.9% | ||
| Q2 24 | 2.7% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $0.08 | $-0.54 | ||
| Q3 25 | $0.05 | $-0.38 | ||
| Q2 25 | $0.03 | $-0.35 | ||
| Q1 25 | $-0.01 | $-0.45 | ||
| Q4 24 | $-0.05 | $-0.34 | ||
| Q3 24 | $0.09 | $-0.40 | ||
| Q2 24 | $-0.01 | $-0.50 |
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 | $245.6M |
| Total DebtLower is stronger | $361.3M | $51.7M |
| Stockholders' EquityBook value | $-12.9M | $347.7M |
| Total Assets | $959.5M | $487.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $24.4M | $286.5M | ||
| Q3 25 | $29.9M | $294.3M | ||
| Q2 25 | $29.3M | $302.7M | ||
| Q1 25 | $40.1M | $316.2M | ||
| Q4 24 | $24.3M | $333.7M | ||
| Q3 24 | $31.0M | $196.8M | ||
| Q2 24 | $27.6M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | $361.3M | $51.6M | ||
| Q3 25 | $351.2M | $51.6M | ||
| Q2 25 | $331.6M | $51.5M | ||
| Q1 25 | $307.0M | $51.5M | ||
| Q4 24 | $307.5M | $51.5M | ||
| Q3 24 | $252.9M | $51.4M | ||
| Q2 24 | $233.3M | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $-12.9M | $365.9M | ||
| Q3 25 | $7.5M | $380.3M | ||
| Q2 25 | $-25.0M | $385.8M | ||
| Q1 25 | $57.1M | $389.2M | ||
| Q4 24 | $-148.4M | $402.2M | ||
| Q3 24 | $-180.1M | $241.2M | ||
| Q2 24 | $-273.0M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $959.5M | $508.1M | ||
| Q3 25 | $916.7M | $511.5M | ||
| Q2 25 | $905.5M | $513.1M | ||
| Q1 25 | $884.9M | $519.4M | ||
| Q4 24 | $881.1M | $534.0M | ||
| Q3 24 | $831.1M | $374.1M | ||
| Q2 24 | $782.3M | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | 46.95× | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | 5.38× | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.20× |
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 | $-10.3M | ||
| Q3 25 | $18.2M | $-6.6M | ||
| Q2 25 | $-7.9M | $-15.0M | ||
| Q1 25 | $29.7M | $-17.0M | ||
| Q4 24 | $-532.0K | $-32.4M | ||
| Q3 24 | $17.7M | $-18.8M | ||
| Q2 24 | $533.0K | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-13.4M | $-12.2M | ||
| Q3 25 | $-9.3M | $-9.5M | ||
| Q2 25 | $-29.7M | $-17.8M | ||
| Q1 25 | $18.1M | $-18.8M | ||
| Q4 24 | $-55.0M | $-33.6M | ||
| Q3 24 | $-5.4M | $-19.0M | ||
| Q2 24 | $-22.5M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | -15.1% | -15.9% | ||
| Q3 25 | -11.9% | -11.4% | ||
| Q2 25 | -38.4% | -22.5% | ||
| Q1 25 | 21.8% | -27.2% | ||
| Q4 24 | -73.8% | -49.2% | ||
| Q3 24 | -6.5% | -32.6% | ||
| Q2 24 | -32.2% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 11.1% | 2.4% | ||
| Q3 25 | 35.3% | 3.4% | ||
| Q2 25 | 28.2% | 3.5% | ||
| Q1 25 | 13.9% | 2.7% | ||
| Q4 24 | 73.1% | 1.7% | ||
| Q3 24 | 27.9% | 0.4% | ||
| Q2 24 | 32.9% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | -0.22× | — | ||
| Q3 25 | 1.60× | — | ||
| Q2 25 | -1.04× | — | ||
| Q1 25 | 23.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.03× | — | ||
| 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% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |