Montauk Renewables, Inc. (MNTK) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
MNTK Revenue Growth
Revenue Breakdown (FY 2023)
MNTK's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
MNTK Revenue Analysis (2018–2025)
As of May 8, 2026, Montauk Renewables, Inc. (MNTK) generated trailing twelve-month (TTM) revenue of $180.2 million, reflecting solid growth of +9.0% year-over-year. The most recent quarter (Q1 2026) recorded $46.4 million in revenue, up 7.0% sequentially.
Looking at the longer-term picture, MNTK's 5-year compound annual growth rate (CAGR) stands at +11.9%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $205.6 million in 2022.
Revenue diversification analysis shows MNTK's business is primarily driven by Renewable Natural Gas (89%), and Renewable Electricity Generation (11%). With over half of revenue concentrated in Renewable Natural Gas, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including OPAL (+16.3% YoY), HIFS, and CGBD, MNTK has underperformed the peer group in terms of revenue growth. Compare MNTK vs OPAL →
MNTK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MNTKCurrent | $180M | +9.0% | +11.9% | 2.3% | |
 OPAL | $349M | +16.3% | +24.3% | 1.4% | |
 HIFS | $217M | - | - | 16.8% | |
 CGBD | $168M | - | - | 54.7% | |
 SWVL | $17M | -20.1% | +6.9% | -49.3% | |
 CLNE | $425M | +5.5% | +7.8% | -22.1% |
MNTK Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $176.4M | +0.4% | $68.8M | 39.0% | $4.1M | 2.3% |
| 2024 | $175.7M | +0.5% | $77.6M | 44.1% | $16.1M | 9.2% |
| 2023 | $174.9M | -14.9% | $80.3M | 45.9% | $23.6M | 13.5% |
| 2022 | $205.6M | +38.8% | $104.1M | 50.7% | $44.6M | 21.7% |
| 2021 | $148.1M | +47.6% | $70.0M | 47.2% | $3.3M | 2.3% |
| 2020 | $100.4M | -5.0% | $38.6M | 38.5% | $3.6M | 3.6% |
| 2019 | $105.7M | -8.1% | $47.0M | 44.5% | $11.0M | 10.4% |
| 2018 | $115.1M | - | $65.0M | 56.5% | $35.8M | 31.1% |
See MNTK's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MNTK Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MNTK vs GEV
Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..
Start ComparisonMNTK — Frequently Asked Questions
Quick answers to the most common questions about buying MNTK stock.
Is MNTK's revenue growth accelerating or slowing?
MNTK maintains +9.0% revenue growth, in line with its 5-year CAGR of +11.9%. TTM revenue stands at $180M. Growth rate remains consistent with historical average.
What is MNTK's long-term revenue growth rate?
Montauk Renewables, Inc.'s 5-year revenue CAGR of +11.9% reflects the sustained expansion pattern. Current YoY growth of +9.0% is near this long-term average.
How is MNTK's revenue distributed by segment?
MNTK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.