Filing Flows › Montauk Renewables (MNTK) › How it makes money
How Montauk Renewables (MNTK) makes money
Montauk Renewables (MNTK) made $54.0M of revenue in the second quarter 2026 (Q2 2026), +20% from a year earlier. Natural Gas Environmental Attributes brought in $44.6M (83%); Natural Gas Commodity brought in $4.8M (9%); Electric Commodity brought in $2.6M (5%).
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Natural Gas Environmental Attributes | $44.6M | 82.6% | +26% | +64% |
| Natural Gas Commodity | $4.8M | 8.9% | -29% | -64% |
| Electric Commodity | $2.6M | 4.8% | +4% | +4% |
| Electric Environmental Attributes | $2.0M | 3.7% | +17% | +4% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $54.0M | 100.0% |
| Income tax | $2.0M | 3.7% |
| Operating cash flow | $14.6M | 27.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $54.0M | +20% |
| Q1 2026 | $46.4M | +9% |
| Q4 2025 | $43.4M | +57% |
| Q3 2025 | $45.3M | -31% |
| Q2 2025 | $45.1M | +4% |
| Q1 2025 | $42.6M | +10% |
| Q4 2024 | $27.7M | -41% |
From Montauk Renewables' 10-Q filed Aug 5, 2026 (on EDGAR).
Questions
How does Montauk Renewables make money?
Montauk Renewables (MNTK) made $54.0M of revenue in the second quarter 2026 (Q2 2026), +20% from a year earlier. Natural Gas Environmental Attributes brought in $44.6M (83%); Natural Gas Commodity brought in $4.8M (9%); Electric Commodity brought in $2.6M (5%).
What is Montauk Renewables' biggest business?
Natural Gas Environmental Attributes: $44.6M in the second quarter 2026, 83% of revenue, +64% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.