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Side-by-side financial comparison of OPAL Fuels Inc. (OPAL) and Triumph Financial, Inc. (TFIN). Click either name above to swap in a different company.

Triumph Financial, Inc. is the larger business by last-quarter revenue ($120.1M vs $88.4M, roughly 1.4× OPAL Fuels Inc.). On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs 16.0%). Over the past eight quarters, OPAL Fuels Inc.'s revenue compounded faster (17.6% CAGR vs 9.0%).

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.

The Triumph Motor Company was a British car and motor manufacturing company in the 19th and 20th centuries. The marque had its origins in 1885 when Siegfried Bettmann of Nuremberg formed S. Bettmann & Co. and started importing bicycles from Europe and selling them under his own trade name in London. The trade name became "Triumph" the following year, and in 1887 Bettmann was joined by a partner, Moritz Schulte, also from Germany. In 1889, the businessmen started producing their own bicycles i...

OPAL vs TFIN — Head-to-Head

Bigger by revenue
TFIN
TFIN
1.4× larger
TFIN
$120.1M
$88.4M
OPAL
Growing faster (revenue YoY)
OPAL
OPAL
+2.8% gap
OPAL
18.7%
16.0%
TFIN
Faster 2-yr revenue CAGR
OPAL
OPAL
Annualised
OPAL
17.6%
9.0%
TFIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPAL
OPAL
TFIN
TFIN
Revenue
$88.4M
$120.1M
Net Profit
$16.2M
Gross Margin
Operating Margin
7.5%
Net Margin
18.3%
Revenue YoY
18.7%
16.0%
Net Profit YoY
401.5%
400.6%
EPS (diluted)
$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.

Revenue
OPAL
OPAL
TFIN
TFIN
Q4 25
$88.4M
$120.1M
Q3 25
$77.9M
$109.3M
Q2 25
$77.4M
$108.1M
Q1 25
$83.0M
$101.6M
Q4 24
$74.5M
$103.6M
Q3 24
$82.6M
$106.2M
Q2 24
$69.8M
$105.1M
Q1 24
$64.0M
$101.0M
Net Profit
OPAL
OPAL
TFIN
TFIN
Q4 25
$16.2M
Q3 25
$11.4M
$1.7M
Q2 25
$7.6M
$4.4M
Q1 25
$1.3M
$17.0K
Q4 24
$-5.4M
$3.8M
Q3 24
$17.1M
$5.3M
Q2 24
$1.9M
$2.7M
Q1 24
$677.0K
$4.2M
Operating Margin
OPAL
OPAL
TFIN
TFIN
Q4 25
7.5%
Q3 25
4.6%
1.2%
Q2 25
-1.1%
7.3%
Q1 25
-2.3%
0.1%
Q4 24
-0.5%
5.6%
Q3 24
14.9%
5.9%
Q2 24
8.1%
3.4%
Q1 24
5.6%
4.7%
Net Margin
OPAL
OPAL
TFIN
TFIN
Q4 25
18.3%
Q3 25
14.6%
1.6%
Q2 25
9.8%
4.1%
Q1 25
1.5%
0.0%
Q4 24
-7.2%
3.7%
Q3 24
20.7%
5.0%
Q2 24
2.7%
2.6%
Q1 24
1.1%
4.1%
EPS (diluted)
OPAL
OPAL
TFIN
TFIN
Q4 25
$0.08
Q3 25
$0.05
$0.04
Q2 25
$0.03
$0.15
Q1 25
$-0.01
$-0.03
Q4 24
$-0.05
$0.13
Q3 24
$0.09
$0.19
Q2 24
$-0.01
$0.08
Q1 24
$-0.01
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPAL
OPAL
TFIN
TFIN
Cash + ST InvestmentsLiquidity on hand
$24.4M
$248.5M
Total DebtLower is stronger
$361.3M
Stockholders' EquityBook value
$-12.9M
$941.8M
Total Assets
$959.5M
$6.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPAL
OPAL
TFIN
TFIN
Q4 25
$24.4M
$248.5M
Q3 25
$29.9M
$147.2M
Q2 25
$29.3M
$282.3M
Q1 25
$40.1M
$502.9M
Q4 24
$24.3M
$330.1M
Q3 24
$31.0M
$489.3M
Q2 24
$27.6M
$500.7M
Q1 24
$34.2M
$417.0M
Total Debt
OPAL
OPAL
TFIN
TFIN
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
Stockholders' Equity
OPAL
OPAL
TFIN
TFIN
Q4 25
$-12.9M
$941.8M
Q3 25
$7.5M
$919.3M
Q2 25
$-25.0M
$912.4M
Q1 25
$57.1M
$893.9M
Q4 24
$-148.4M
$890.9M
Q3 24
$-180.1M
$885.8M
Q2 24
$-273.0M
$874.2M
Q1 24
$-382.4M
$872.3M
Total Assets
OPAL
OPAL
TFIN
TFIN
Q4 25
$959.5M
$6.4B
Q3 25
$916.7M
$6.4B
Q2 25
$905.5M
$6.5B
Q1 25
$884.9M
$6.3B
Q4 24
$881.1M
$5.9B
Q3 24
$831.1M
$5.9B
Q2 24
$782.3M
$5.8B
Q1 24
$750.5M
$5.6B
Debt / Equity
OPAL
OPAL
TFIN
TFIN
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
OPAL
OPAL
TFIN
TFIN
Operating Cash FlowLast quarter
$-3.5M
$67.1M
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.

Operating Cash Flow
OPAL
OPAL
TFIN
TFIN
Q4 25
$-3.5M
$67.1M
Q3 25
$18.2M
$24.4M
Q2 25
$-7.9M
$9.8M
Q1 25
$29.7M
$-3.6M
Q4 24
$-532.0K
$58.5M
Q3 24
$17.7M
$26.6M
Q2 24
$533.0K
$21.9M
Q1 24
$13.7M
$-10.7M
Free Cash Flow
OPAL
OPAL
TFIN
TFIN
Q4 25
$-13.4M
Q3 25
$-9.3M
$22.4M
Q2 25
$-29.7M
$6.8M
Q1 25
$18.1M
$-7.9M
Q4 24
$-55.0M
Q3 24
$-5.4M
$25.8M
Q2 24
$-22.5M
$-31.9M
Q1 24
$-13.0M
FCF Margin
OPAL
OPAL
TFIN
TFIN
Q4 25
-15.1%
Q3 25
-11.9%
20.5%
Q2 25
-38.4%
6.2%
Q1 25
21.8%
-7.7%
Q4 24
-73.8%
Q3 24
-6.5%
24.3%
Q2 24
-32.2%
-30.3%
Q1 24
-20.4%
Capex Intensity
OPAL
OPAL
TFIN
TFIN
Q4 25
11.1%
Q3 25
35.3%
1.8%
Q2 25
28.2%
2.8%
Q1 25
13.9%
4.2%
Q4 24
73.1%
Q3 24
27.9%
0.8%
Q2 24
32.9%
51.1%
Q1 24
41.8%
Cash Conversion
OPAL
OPAL
TFIN
TFIN
Q4 25
-0.22×
Q3 25
1.60×
14.29×
Q2 25
-1.04×
2.22×
Q1 25
23.11×
-212.82×
Q4 24
15.25×
Q3 24
1.03×
4.97×
Q2 24
0.28×
7.95×
Q1 24
20.26×
-2.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPAL
OPAL

Fuel Station Services Segment$65.1M74%
Related Party$12.1M14%
Renewable Power Segment$8.6M10%
Other$2.6M3%

TFIN
TFIN

Segment breakdown not available.

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