Montauk Renewables, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Montauk Renewables, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $176.38M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $175.74M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $174.90M | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | $205.56M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $148.13M | Mar 14, 2024 |
| FY2022 | Dec 31, 2020 | $100.38M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $105.71M | Mar 16, 2022 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $176.38M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $175.74M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $174.90M | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | $213.39M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $148.13M | Mar 14, 2024 |
| FY2022 | Dec 31, 2020 | $100.22M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $104.02M | Mar 16, 2022 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $45.28M | Mar 14, 2024 |
| FY2023 | Dec 31, 2022 | $65.73M | Mar 14, 2024 |
| FY2023 | Dec 31, 2021 | $25.43M | Mar 14, 2024 |
| FY2022 | Dec 31, 2020 | $25.06M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $30.80M | Mar 16, 2022 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.75M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $9.73M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $14.95M | Mar 11, 2026 |
| FY2022 | Dec 31, 2022 | $5.97M | Mar 16, 2023 |
| FY2022 | Sep 30, 2022 | $11.19M | Mar 16, 2023 |
| FY2022 | Jun 30, 2022 | $19.15M | Mar 16, 2023 |
| FY2022 | Mar 31, 2022 | ($1.12M) | Mar 16, 2023 |
| FY2022 | Dec 31, 2021 | $5.49M | Mar 16, 2023 |
| FY2022 | Sep 30, 2021 | $8.90M | Mar 16, 2023 |
| FY2022 | Jun 30, 2021 | ($4.65M) | Mar 16, 2023 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $852.0K | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $16.12M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $23.64M | Mar 11, 2026 |
| FY2022 | Dec 31, 2022 | $8.62M | Mar 16, 2023 |
| FY2022 | Sep 30, 2022 | $13.63M | Mar 16, 2023 |
| FY2022 | Jun 30, 2022 | $23.96M | Mar 16, 2023 |
| FY2022 | Mar 31, 2022 | ($1.65M) | Mar 16, 2023 |
| FY2022 | Dec 31, 2021 | $9.35M | Mar 16, 2023 |
| FY2022 | Sep 30, 2021 | $6.73M | Mar 16, 2023 |
| FY2022 | Jun 30, 2021 | ($537.0K) | Mar 16, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $30.33M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $43.80M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $41.05M | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | $81.07M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $42.88M | Mar 14, 2024 |
| FY2022 | Dec 31, 2020 | $28.68M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $27.83M | Mar 16, 2022 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $116.54M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $62.32M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $63.09M | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | $22.28M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $9.99M | Mar 14, 2024 |
| FY2022 | Oct 31, 2021 | $5.53M | Mar 16, 2023 |
| FY2022 | May 31, 2021 | $4.14M | Mar 16, 2023 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $435.46M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $349.02M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $350.24M | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | $332.32M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $286.48M | Mar 14, 2024 |
| FY2022 | Dec 31, 2020 | $253.36M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $243.61M | Mar 16, 2022 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $172.31M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $91.60M | Mar 11, 2026 |
| FY2024 | Dec 31, 2023 | $100.00M | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $105.23M | Mar 14, 2024 |
| FY2022 | Dec 31, 2021 | $104.19M | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | $93.73M | Mar 16, 2022 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $263.15M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $257.42M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $250.24M | Mar 11, 2026 |
| FY2025 | Dec 31, 2022 | $227.09M | Mar 11, 2026 |
| FY2024 | Dec 31, 2021 | $182.29M | Mar 14, 2025 |
| FY2022 | Dec 31, 2020 | $159.62M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $154.26M | Mar 16, 2022 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $60.0K | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $60.0K | Mar 11, 2026 |
| FY2024 | Dec 31, 2023 | $60.0K | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $60.0K | Mar 14, 2024 |
| FY2022 | Dec 31, 2021 | $60.0K | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | $60.0K | Mar 16, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $57.10M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $55.35M | Mar 11, 2026 |
| FY2024 | Dec 31, 2023 | $45.61M | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $30.67M | Mar 14, 2024 |
| FY2022 | Dec 31, 2021 | ($4.53M) | Mar 16, 2023 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $23.75M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $45.62M | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | $73.81M | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | $105.18M | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | $53.27M | Mar 14, 2024 |
| FY2022 | Dec 31, 2020 | $20.99M | Mar 16, 2023 |
| FY2021 | Dec 31, 2019 | $9.79M | Mar 16, 2022 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $126.00M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | $43.76M | Mar 11, 2026 |
| FY2024 | Dec 31, 2023 | $55.61M | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | $63.51M | Mar 14, 2024 |
| FY2022 | Dec 31, 2021 | $71.39M | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | $56.27M | Mar 16, 2022 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 14, 2024 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Mar 11, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Mar 11, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Mar 14, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 14, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 143.24M | Mar 11, 2026 |
| FY2025 | Dec 31, 2024 | 142.71M | Mar 11, 2026 |
| FY2024 | Dec 31, 2023 | 141.99M | Mar 14, 2025 |
| FY2023 | Dec 31, 2022 | 141.63M | Mar 14, 2024 |
| FY2022 | Dec 31, 2021 | 141.02M | Mar 16, 2023 |
| FY2021 | Dec 31, 2020 | 141.02M | Mar 16, 2022 |