earnings
confidence high
sentiment positive
materiality 0.70
Montauk Renewables Q2 revenue $54M (+19.7% YoY); net income $0.2M vs loss $5.5M
Montauk Renewables, Inc.
- Revenue $54.0M (+19.7% YoY); net income $0.2M vs net loss $5.5M in Q2 2025.
- Non-GAAP Adjusted EBITDA $12.3M, up 144.5% YoY; RNG production 1.5M MMBtu (+3% YoY).
- RINs sold 14.3M (+29.1% YoY); GreenWave JV contributed $3.8M income.
- FY 2026 outlook: RNG revenue $175-190M (unchanged); REG revenue $23-26M (reduced from prior).
- Turkey, NC facility began power generation in July; expects swine RECs and enhanced RECs; switchgear modifications by mid-Aug.