earnings
confidence high
sentiment neutral
materiality 0.70
Montauk Renewables Q1 revenue up 9% to $46.4M; net income near break-even, Adj EBITDA +23%
Montauk Renewables, Inc.
2026-Q1 EPS reported
$0.00
revenue$46,428,000
- Revenues $46.4M (+9% YoY); net income $5K vs loss $0.5M in Q1 2025; Non-GAAP Adj EBITDA $10.8M (+22.8%).
- RNG production flat at 1.4M MMBtu; RINs sold 12.4M (+25.5% YoY); operating loss $1.6M vs operating income $0.4M in Q1 2025.
- Entered $200M senior credit facility with HASI; used to refinance existing debt; $45M available for borrowing.
- Raeger facility gas rights extended to 2031; Montauk Ag Renewables project in NC commissioned, revenue expected May 2026.
- FY2026 outlook: RNG rev $175-190M (unchanged); REG rev revised down to $33-37M due to timing of new facility.