Montauk Renewables, Inc. (MNTK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	189.1M	176.4M	175.7M	174.9M	205.6M
Cost of Revenue	123.5M	107.6M	98.2M	94.6M	101.4M
Gross Profit	65.6M	68.8M	77.6M	80.3M	104.1M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	29.6M	31.7M	36.3M	34.4M	34.1M
General & Admin Expense	29.6M	31.7M	36.3M	34.4M	34.1M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	33.7M	32.9M	25.2M	22.2M	25.4M
Total Operating Expenses	63.3M	64.7M	61.4M	56.6M	59.6M
Cost and Expenses	186.8M	172.3M	159.6M	151.3M	161.0M
Operating Income (EBIT)	2.3M	4.1M	16.1M	23.6M	44.6M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	5.1M	4.3M	5.3M	5.8M	1.8M
Net Interest Income	(5.1M)	(4.3M)	(5.3M)	(5.8M)	(1.8M)
Other Non-Op Income/Expense	5.2M	(6.6M)	(3.9M)	(5.3M)	(1.3M)
Non-Operating Income (excl Interest)	(2.7M)	1.8M	(1.3M)	81.0K	(468.0K)
EBT (Pre-Tax Income)	7.5M	(2.5M)	12.2M	18.4M	43.2M
Income Tax Expense	(412.0K)	(4.2M)	2.4M	3.4M	8.0M
Bottom Line
Net Income	7.9M	1.7M	9.7M	14.9M	35.2M
Earnings from Cont. Ops	7.9M	1.7M	9.7M	14.9M	35.2M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	7.9M	1.7M	9.7M	14.9M	35.2M
Per Share
Basic EPS	$0.06	$0.01	$0.07	$0.11	$0.25
Diluted EPS	$0.06	$0.01	$0.07	$0.11	$0.25
Revenue Per Share	$1.32	$1.23	$1.24	$1.23	$1.46
Shares
Basic Shares Outstanding	143.2M	143.0M	142.3M	141.7M	141.2M
Diluted Shares Outstanding	143.9M	143.1M	142.4M	142.2M	142.6M
Profitability Metrics
EBITDA	38.1M	32.3M	41.0M	45.1M	65.7M
D&A	33.1M	30.0M	23.5M	21.6M	20.7M
EBIT	5.0M	2.3M	17.5M	23.6M	45.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026