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Montauk Renewables (MNTK) Revenue & Revenue Breakdown

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Montauk Renewables Revenue Highlights

Latest Revenue (Y)

$174.90M

Latest Revenue (Q)

$65.92M

Main Segment (Y)

Renewable Natural Gas

Montauk Renewables Revenue by Period

Montauk Renewables Revenue by Year

DateRevenueChange
2023-12-31$174.90M-14.91%
2022-12-31$205.56M38.77%
2021-12-31$148.13M47.56%
2020-12-31$100.38M-6.52%
2019-12-31$107.38M-6.69%
2018-12-31$115.09M-

Montauk Renewables generated $174.90M in revenue during NA 2023, up -14.91% compared to the previous quarter, and up 151.98% compared to the same period a year ago.

Montauk Renewables Revenue by Quarter

DateRevenueChange
2024-09-30$65.92M52.10%
2024-06-30$43.34M11.73%
2024-03-31$38.79M-17.13%
2023-12-31$46.81M-15.95%
2023-09-30$55.69M4.57%
2023-06-30$53.26M178.04%
2023-03-31$19.15M-61.42%
2022-12-31$49.64M-11.13%
2022-09-30$55.86M-17.71%
2022-06-30$67.88M111.02%
2022-03-31$32.17M-28.92%
2021-12-31$45.26M13.85%
2021-09-30$39.75M25.49%
2021-06-30$31.67M0.72%
2021-03-31$31.45M26.68%
2020-12-31$24.82M-12.13%
2020-09-30$28.25M1.23%
2020-06-30$27.91M51.65%
2020-03-31$18.40M-22.28%
2019-12-31$23.68M-

Montauk Renewables generated $65.92M in revenue during Q3 2024, up 52.10% compared to the previous quarter, and up 123.77% compared to the same period a year ago.

Montauk Renewables Revenue Breakdown

Montauk Renewables Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Renewable Natural Gas$156.46M$196.22M$131.80M
Renewable Electricity Generation$18.82M$17.17M$15.45M
Corporate Segment-$-7.83M$875.00K

Montauk Renewables's latest annual revenue breakdown by segment (product or service), as of Dec 23: Renewable Natural Gas (89.26%), and Renewable Electricity Generation (10.74%).

Quarterly Revenue by Product

Product/ServiceDec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Renewable Natural Gas$93.06M$48.61M$14.79M$44.64M$54.34M$64.57M$32.66M$41.10M$35.00M$27.58M
Renewable Electricity Generation$9.81M$4.65M$4.37M$4.52M$4.35M$4.33M$3.97M$4.16M$3.87M$4.09M
Corporate Segment---$483.00K$-2.83M$-1.01M$-4.47M-$875.00K-

Montauk Renewables's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Renewable Natural Gas (90.47%), and Renewable Electricity Generation (9.53%).

Montauk Renewables Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CIGCompanhia Energética de Minas Gerais$36.85B$9.06B
ELPCompanhia Paranaense de Energia - COPEL$21.48B$5.42B
BKHBlack Hills$2.33B$402.60M
ALEALLETE$1.88B$407.20M
AVAAvista$1.75B$402.07M
NWENorthWestern$1.42B$345.16M
OTTROtter Tail$1.35B$338.03M
UTLUnitil$557.10M$92.90M
MNTKMontauk Renewables$174.90M$65.92M

MNTK Revenue FAQ

What is Montauk Renewables’s yearly revenue?

Montauk Renewables's yearly revenue for 2023 was $174.9M, representing a decrease of -14.91% compared to 2022. The company's yearly revenue for 2022 was $205.56M, representing an increase of 38.77% compared to 2021. MNTK's yearly revenue for 2021 was $148.13M, representing an increase of 47.56% compared to 2020.

What is Montauk Renewables’s quarterly revenue?

Montauk Renewables's quarterly revenue for Q3 2024 was $65.92M, a 52.10% increase from the previous quarter (Q2 2024), and a 18.37% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $43.34M, a 11.73% increase from the previous quarter (Q1 2024), and a -18.62% decrease year-over-year (Q2 2023). MNTK's quarterly revenue for Q1 2024 was $38.79M, a -17.13% decrease from the previous quarter (Q4 2023), and a 102.50% increase year-over-year (Q1 2023).

What is Montauk Renewables’s revenue growth rate?

Montauk Renewables's revenue growth rate for the last 3 years (2021-2023) was 18.08%, and for the last 5 years (2019-2023) was 62.88%.

What are Montauk Renewables’s revenue streams?

Montauk Renewables's revenue streams in c 23 are Renewable Natural Gas, and Renewable Electricity Generation. Renewable Natural Gas generated $156.46M in revenue, accounting 89.26% of the company's total revenue, down -20.26% year-over-year. Renewable Electricity Generation generated $18.82M in revenue, accounting 10.74% of the company's total revenue, up 9.63% year-over-year.

What is Montauk Renewables’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Montauk Renewables was Renewable Natural Gas. This segment made a revenue of $156.46M, representing 89.26% of the company's total revenue.