Montauk Renewables (MNTK) Operating Expenses (2020 - 2026)
Montauk Renewables' (MNTK) quarterly Operating Expenses came in at $48.0 million in Q1 2026, up 173.55% year-on-year from $17.6 million in Q1 2025, and up 6.62% quarter-over-quarter from $45.0 million in Q4 2025.
Montauk Renewables (MNTK) Operating Expenses (2020 - 2026) Analysis & Trends
Montauk Renewables' Operating Expenses history runs 7 years deep, the most recent figure standing at $48.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 173.55% year-over-year to $48.0 million in Q1 2026; TTM through Mar 2026 was $181.4 million, a 279.41% increase from a year earlier, with the FY2025 full-year figure at $175.5 million, up 163.31% from the prior year.
- Operating Expenses climbed to $48.0 million in Q1 2026 per MNTK's latest filing, from $45.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $48.0 million in Q1 2026 and bottomed at -$62.7 million in Q4 2022.
- The 5-year median for Operating Expenses is $38.9 million (2023), against an average of $23.8 million.
- Across the five-year window, Operating Expenses sank 443.29% in 2024 and soared 181.25% in 2025, its largest moves.
- Year by year, Operating Expenses stood at -$62.7 million in 2022, then jumped by 125.75% to $16.1 million in 2023, then sank by 443.29% to -$55.4 million in 2024, then surged by 181.25% to $45.0 million in 2025, then increased by 6.62% to $48.0 million in 2026.
- Per Business Quant, the three latest MNTK Operating Expenses figures stand at $48.0 million (Q1 2026), $45.0 million (Q4 2025), and $40.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 931.00 Mn |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 1.97 Bn |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 1.08 Bn |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 248.80 Mn |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 998.00 Mn |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 6.96 Bn |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | -48.90 Mn |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 599.00 Mn |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 302.00 Mn |
| 10 | Montauk Renewables | 269.30 Mn | 243.35 Mn | 45.56 Mn | 48.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.03 Mn |
| Dec 31, 2025 | 45.04 Mn |
| Sep 30, 2025 | 40.81 Mn |
| Jun 30, 2025 | 47.48 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 | 16.15 Mn |
| Sep 30, 2023 | 38.91 Mn |
| Jun 30, 2023 | 15.22 Mn |
| Mar 31, 2023 | 33.32 Mn |
| Dec 31, 2022 | -62.70 Mn |
| Sep 30, 2022 | 42.23 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 |