NASDAQ · MNTKUtilitiesElectric, Gas & Water Utilities

Montauk Renewables financials

$2.94+5.00%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
Revenue$176.4M$175.7M$174.9M$205.6M$148.1M
Gross profit$176.4M$175.7M$174.9M$205.4M$148.1M
Gross margin100.0%100.0%100.0%99.9%100.0%
Operating income$852.0K$16.1M$23.6M$44.6M$3.3M
Net income$1.7M$9.7M$14.9M$35.2M-$4.5M
Net margin1.0%5.5%8.5%17.1%−3.1%
Diluted EPS$0.01$0.07$0.11$0.25$-0.03
EBITDA$67.0M$72.7M$80.6M$114.0M$27.7M
Operating cash flow$30.3M$43.8M$41.1M$79.9M$42.1M
Free cash flow-$86.2M-$18.5M-$22.0M$57.7M$32.1M
Diluted shares143.1M142.4M142.2M142.6M141.0M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$23.8M$45.6M$73.8M$105.2M$53.3M
Short-term investments$0.00$0.00$0.00$0.00—
Total debt$128.8M$55.7M$63.5M$71.5M$79.2M
Total assets$435.5M$349.0M$350.2M$332.3M$286.5M
Total liabilities$172.3M$91.6M$100.0M$105.2M$104.2M
Shareholders' equity$263.1M$257.4M$250.2M$227.1M$182.3M

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology