Montauk Renewables, Inc. (MNTK) Financial Statements
Industry: Gas & Other Services Combined
In fiscal 2025, Montauk Renewables reported revenue of $176.4M, up 0.4% from $175.7M the year before. Net income was $1.7M (a 1.0% net margin), or $0.01 per diluted share. Operating margin was 0.5%. Operating activities generated $30.3M of cash, leaving -$86.2M of free cash flow. At fiscal year end, Montauk Renewables held $435.5M in total assets against $172.3M in total liabilities, including $23.8M of cash and equivalents.
Open the full interactive Montauk Renewables financials → Quarterly statements, key ratios, valuation history and price charts.
Montauk Renewables Key Stats
| Share Price | $2.35 |
|---|---|
| Market Cap | $338.2M |
| P/E Ratio | 235.0 |
| Revenue YoY Growth | +0.4% |
| 52-Week Range | $1.12 – $2.94 |
| Shares Outstanding | 143.2 million (basic, 2026 Q2) |
Montauk Renewables Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $148.1M | $205.6M | $174.9M | $175.7M | $176.4M |
| Gross Profit | $25.4M | $65.7M | $45.3M | — | — |
| Operating Income | $3.3M | $44.6M | $23.6M | $16.1M | $852,000 |
| Pre-Tax Income | -$367,000 | $43.2M | $18.4M | $12.2M | -$2.5M |
| Income Tax | $4.2M | $8.0M | $3.4M | $2.4M | -$4.2M |
| Net Income | -$4.5M | $35.2M | $14.9M | $9.7M | $1.7M |
| Diluted EPS | -$0.03 | $0.25 | $0.11 | $0.07 | $0.01 |
Montauk Renewables Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $45.3M | $43.4M | $46.4M | $54.0M |
| Net Income | $5.2M | $2.5M | $5,000 | $226,000 |
| Diluted EPS | $0.04 | $0.02 | — | — |
Montauk Renewables Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $53.3M | $105.2M | $73.8M | $45.6M | $23.8M |
| Current Assets | $75.2M | $124.9M | $90.2M | $57.2M | $37.2M |
| Total Assets | $286.5M | $332.3M | $350.2M | $349.0M | $435.5M |
| Current Liabilities | $24.6M | $28.4M | $29.4M | $33.5M | $33.4M |
| Total Long-Term Debt | $79.2M | $71.4M | $63.5M | $55.6M | $128.7M |
| Total Liabilities | $104.2M | $105.2M | $100.0M | $91.6M | $172.3M |
| Shareholders' Equity | $182.3M | $227.1M | $250.2M | $257.4M | $263.1M |
Montauk Renewables Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $42.9M | $81.1M | $41.1M | $43.8M | $30.3M |
| Cash From Investing | -$19.5M | -$20.8M | -$63.1M | -$62.2M | -$120.5M |
| Cash From Financing | $8.6M | -$8.3M | -$9.3M | -$9.8M | $68.3M |
| Free Cash Flow | $32.9M | $58.8M | -$22.0M | -$18.5M | -$86.2M |
Figures from Montauk Renewables' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Montauk Renewables financials page for every line item.
Montauk Renewables Company Profile
| Ticker | MNTK |
|---|---|
| Exchange | Nasdaq |
| Industry | Gas & Other Services Combined |
| Headquarters | Pittsburgh, Pennsylvania |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001826600 |
Frequently Asked Questions
What was Montauk Renewables' revenue in fiscal 2025?
Montauk Renewables (MNTK) reported revenue of $176.4M for fiscal 2025.
What is Montauk Renewables' annual revenue history?
Montauk Renewables' annual revenue by fiscal year: 2021: $148.1M; 2022: $205.6M; 2023: $174.9M; 2024: $175.7M; 2025: $176.4M.
What was Montauk Renewables' net income in fiscal 2025?
Montauk Renewables reported net income of $1.7M for fiscal 2025.
What was Montauk Renewables' earnings per share (EPS) in fiscal 2025?
Montauk Renewables' diluted EPS was $0.01 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Montauk Renewables generate in fiscal 2025?
Montauk Renewables generated -$86.2M of free cash flow in fiscal 2025.
What was Montauk Renewables' revenue last quarter?
In its most recent reported quarter (2026 Q2), Montauk Renewables reported revenue of $54.0M.
How much debt does Montauk Renewables have?
Montauk Renewables reported $128.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Montauk Renewables are outstanding?
Montauk Renewables reported a weighted average of 143.2 million basic shares outstanding in 2026 Q2.
What is Montauk Renewables' market cap?
Based on its latest closing price, Montauk Renewables (MNTK) has a market capitalization of about $338.2M.
When does Montauk Renewables' fiscal year end?
Montauk Renewables' fiscal year end, as registered with the SEC, is December 31.
Where is Montauk Renewables headquartered?
Montauk Renewables lists its business address in Pittsburgh, Pennsylvania in its SEC filings.