Montauk Renewables (MNTK) Operating Expenses (2020 - 2026)

Montauk Renewables (MNTK) reported Operating Expenses of $48.0 million for Q1 2026, up 173.55% on a YoY basis from $17.6 million in Q1 2025, and down 59.52% quarter-over-quarter from $118.6 million in Q4 2025.

Montauk Renewables (MNTK) Operating Expenses (2020 - 2026) Analysis & Trends

Montauk Renewables has reported Operating Expenses for 7 years, with the latest figure at $48.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 173.55% year-over-year to $48.0 million; the trailing twelve-month figure through Mar 2026 stood at $229.3 million (up 379.76% YoY), and the FY2025 full-year result was $175.5 million, up 163.31% from the prior year.
  • Operating Expenses for Q1 2026 stood at $48.0 million, down from $118.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $118.8 million in Q4 2022, with the low at -$55.4 million in Q4 2024.
  • Historically, Operating Expenses has averaged $34.4 million across 5 years, with a median of $33.8 million in 2022.
  • Annual changes were most pronounced in 2024 — Operating Expenses plunged 240.92% — and 2025, when it soared 314.0%.
  • Montauk Renewables' Operating Expenses stood at $118.8 million in 2022, then tumbled by 66.88% to $39.3 million in 2023, then sank by 240.92% to -$55.4 million in 2024, then soared by 314.0% to $118.6 million in 2025, then slumped by 59.52% to $48.0 million in 2026.
  • The last three Operating Expenses figures came in at $48.0 million (Q1 2026), $118.6 million (Q4 2025), and $40.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 237.64 Bn 233.69 Bn 4.26 Bn 931.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -48.90 Mn
3 Sherwin Williams 78.87 Bn 78.66 Bn 2.78 Bn 1.97 Bn
4 Ecolab 76.59 Bn 75.97 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.39 Bn 63.94 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 26.44 Bn 24.97 Bn 1.66 Bn 1.10 Bn
7 International Flavors & Fragrances 19.67 Bn 19.14 Bn 1.02 Bn 599.00 Mn
8 DuPont de Nemours 19.57 Bn 19.68 Bn 602.00 Mn 302.00 Mn
9 LyondellBasell Industries 19.28 Bn 19.39 Bn 701.00 Mn 6.96 Bn
10 Montauk Renewables 229.91 Mn 203.96 Mn 45.56 Mn 48.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.03 Mn
Dec 31, 2025 118.63 Mn
Sep 30, 2025 40.81 Mn
Jun 30, 2025 21.86 Mn
Mar 31, 2025 17.56 Mn
Dec 31, 2024 -55.44 Mn
Sep 30, 2024 43.21 Mn
Jun 30, 2024 42.47 Mn
Mar 31, 2024 14.45 Mn
Dec 31, 2023 39.34 Mn
Sep 30, 2023 14.21 Mn
Jun 30, 2023 15.22 Mn
Mar 31, 2023 14.18 Mn
Dec 31, 2022 118.79 Mn
Sep 30, 2022 14.13 Mn
Jun 30, 2022 43.92 Mn
Mar 31, 2022 33.82 Mn
Dec 31, 2021 35.91 Mn
Sep 30, 2021 33.02 Mn
Jun 30, 2021 32.21 Mn