Quick Answer
OPAL Fuels Inc. reported R&D Expense of $14.94 million for fiscal year 2025.
OPAL Fuels Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $14.94M | -21.8% |
| 2024 | $19.11M | +292.7% |
| 2023 | $4.87M | -24.4% |
| 2022 | $6.44M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $2.54M | -62.6% | -26.9% |
| June 30, 2025 | $3.48M | +18.5% | -42.8% |
| March 31, 2025 | $6.08M | +674.6% | -10.6% |
| September 30, 2024 | $6.80M | +598.5% | +131.8% |
| June 30, 2024 | $2.94M | +163.2% | +273.9% |
| March 31, 2024 | $785.0K | -58.3% | -19.4% |
| September 30, 2023 | $974.0K | — | -12.6% |
| June 30, 2023 | $1.11M | — | -40.8% |
- OPAL Fuels Inc. showed a decrease of -21.8% in R&D Expense compared to the prior fiscal year.
- Over the 2022–2025 period, OPAL Fuels Inc.’s r&d expense has grown by 132.1% (from $6.44 million to $14.94 million).
- The most recent figure is from OPAL Fuels Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 16, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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