Montauk Renewables (MNTK) Operating Expenses (2020 - 2026)
Montauk Renewables posted quarterly Operating Expenses of $48.0 million for Q1 2026, up 173.55% year-on-year from $17.6 million in Q1 2025, and down 59.52% on a QoQ basis from $118.6 million in Q4 2025.
Montauk Renewables (MNTK) has 7 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $118.8 million in Q4 2022 and bottomed at -$55.4 million in Q4 2024.
- The 5-year median for Operating Expenses is $33.8 million (2022), against an average of $34.4 million.
- The widest annual swing landed in 2024, when Operating Expenses slumped 240.92%; it then soared 314.0% in 2025.
- A 5-year view of Operating Expenses shows it stood at $118.8 million in 2022, then slumped by 66.88% to $39.3 million in 2023, then plunged by 240.92% to -$55.4 million in 2024, then jumped by 314.0% to $118.6 million in 2025, then sank 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 | 230.79 Bn | 226.84 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 | 72.51 Bn | 72.30 Bn | 2.78 Bn | 1.97 Bn |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | 1.08 Bn |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 248.80 Mn |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 1.10 Bn |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 6.96 Bn |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 302.00 Mn |
| 10 | Montauk Renewables | 255.69 Mn | 229.74 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 |
| Mar 31, 2021 | 43.65 Mn |
| Dec 31, 2020 | 27.86 Mn |
| Sep 30, 2020 | 23.42 Mn |
| Jun 30, 2020 | 24.35 Mn |
| Mar 31, 2020 | 21.19 Mn |