Montauk Renewables Inc (MNTK) financials
Montauk Renewables revenue and earnings by year
Montauk Renewables's revenue was $176 million in the fiscal year to December 31, 2025, up 0.4% from the year before. Net income was $1.75 million, 1.0% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 6.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 176 | 176 | 175 | 206 | 148 | 100 | 106 | 115 |
| Revenue growth | 0.4% | 0.5% | -14.9% | 38.8% | 47.6% | -5.0% | -8.1% | — |
| Gross profit | 66 | 78 | 80 | 104 | 70 | 39 | 47 | 65 |
| Gross margin | 37.3% | 44.1% | 45.9% | 50.7% | 47.2% | 38.5% | 44.5% | 56.5% |
| Operating income | 1 | 16 | 24 | 45 | 3 | 4 | 11 | 36 |
| Operating margin | 0.5% | 9.2% | 13.5% | 21.7% | 2.3% | 3.6% | 10.4% | 31.1% |
| Net income | 2 | 10 | 15 | 35 | -5 | 5 | 6 | 29 |
| Net margin | 1.0% | 5.5% | 8.5% | 17.1% | -3.1% | 4.6% | 5.5% | 25.0% |
| Diluted EPS | $0.01 | $0.07 | $0.11 | $0.25 | -$0.03 | — | — | — |
| Free cash flow | -86 | -18 | -22 | 60 | 33 | 11 | -18 | 11 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MNTK in Markets.
How Montauk Renewables makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Renewable Natural Gas | $49.4M | 91.5% |
| Renewable Electricity Generation | $4.59M | 8.5% |
See also: MNTK valuation and P/E history · MNTK returns
No forecast, no recommendation. This page describes Montauk Renewables Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.