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Montauk Renewables, Inc. revenue

Montauk Renewables, Inc.'s revenue was $176m in fiscal 2025, up 0.4% on the year before. Since fiscal 2019 ($106m) it has grown at a compound 8.9% a year. Over the last twelve months it was $189m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue106100148206175176176189
Growth on the year before—−5.0%+47.6%+38.8%−14.9%+0.5%+0.4%—
Gross profit3125256645———
Gross margin29.1%25.0%17.2%32.0%25.9%———

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Renewable Natural Gas $159M 89.9% ▲ 0.7%
Renewable Electricity Generation $17.8M 10.1% ▼ 2.4%
Products and services
Line of business Revenue Share YoY
Natural Gas Environmental Attributes $110M 62.4% ▼ 10.1%
Natural Gas Commodity $48.5M 27.5% ▲ 38.5%
Electric Commodity $10.3M 5.9% ▼ 3.0%
Electric Environmental Attributes $7.5M 4.2% ▼ 1.6%

From Montauk Renewables, Inc.'s 10-K filed March 11, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Renewable Electricity: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Montauk Renewables, Inc. $189m 4.3% 2.1%
Spruce Power Holding Corp $109m 10.0% 24.4%
Enlight Renewable Energy Ltd. $489m 29.3% —
Sunation Energy, Inc. $61.6m 10.3% -1.8%
Ellomay Capital Ltd. $48.4m 10.6% —
Ormat Technologies, Inc. $1.19bn 31.1% 16.0%

Compare with peers

Head to head: MNTK vs SPRUENLT vs MNTKMNTK vs SUNE

More: Renewable Electricity stocks compared, Utilities sector, rankings of US companies

Figures from Montauk Renewables, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Montauk Renewables, Inc.