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| Date | Value |
|---|---|
| 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 |