Filing Flows › Montauk Renewables (MNTK) › Q2 2026 › vs Q1 2026
Montauk Renewables (MNTK) Q2 2026 vs Q1 2026 (quarter over quarter)
Montauk Renewables's revenue rose $7.6M (+16%) from $46.4M in Q1 2026 to $54.0M in Q2 2026. The biggest changes: Natural Gas Environmental Attributes +$9.2M (+26%); Natural Gas Commodity −$2.0M (-29%); Electric Environmental Attributes +$285K (+17%).
Montauk Renewables, Q2 2026: revenue $54.0M (+20% year over year), operating margin -0.1%, net earnings $226K, operating cash flow $14.6M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Natural Gas Environmental Attributes | $44.6M | $35.5M | $9.2M | +26% |
| Natural Gas Commodity | $4.8M | $6.8M | −$2.0M | -29% |
| Electric Commodity | $2.6M | $2.5M | $94K | +4% |
| Electric Environmental Attributes | $2.0M | $1.7M | $285K | +17% |
| Revenue | $54.0M | $46.4M | $7.6M | +16% |
| Other income, net | $2.3M | $1.3M | $985K | +75% |
| Costs & expenses | $56.3M | $48.0M | $8.3M | +17% |
| Operating costs | $54.1M | $48.0M | $6.1M | +13% |
| Income tax | $2.0M | −$298K | $2.3M | — |
| Net earnings | $226K | $5K | $221K | 45× |
| General & admin | $7.7M | $8.0M | −$353K | -4% |
| Other operating costs | $46.4M | $40.0M | $6.4M | +16% |
| Operating cash sources | $14.6M | $15.8M | −$1.2M | -8% |
| Depreciation & amortization | $7.9M | $8.4M | −$469K | -6% |
| Share-based compensation | $516K | $635K | −$119K | -19% |
| Working capital & other | $6.0M | $6.8M | −$880K | -13% |
| Operating cash flow | $14.6M | $15.8M | −$1.2M | -8% |
| Capital expenditures | $24.7M | $30.9M | −$6.2M | -20% |
| Negative free cash flow (OCF − capex) | $10.1M | $15.0M | −$4.9M | -33% |
Questions
How much did Montauk Renewables's revenue grow quarter over quarter in Q2 2026?
Montauk Renewables's revenue rose $7.6M (+16%) from $46.4M in Q1 2026 to $54.0M in Q2 2026.
What drove Montauk Renewables's revenue change in Q2 2026?
Natural Gas Environmental Attributes +$9.2M (+26%); Natural Gas Commodity −$2.0M (-29%); Electric Environmental Attributes +$285K (+17%).