Earnings ·
Montauk Renewables reported second quarter 2026 financial results with revenues of $54.0 million, a 19.7%…
MNTKMontauk Renewables, Inc.
Montauk Renewables reported second quarter 2026 financial results with revenues of $54.0 million, a 19.7% year-over-year increase driven by environmental attribute sales from its GreenWave joint venture. Net income turned positive at $0.2 million compared to a net loss in the prior year period, while Non-GAAP Adjusted EBITDA rose 144.5% to $12.3 million. The company produced 1.5 million MMBtu of renewable natural gas and sold 14.3 million RINs from operations. Montauk Renewables is a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas.