Montauk Renewables experienced a challenging third quarter in 2025, with total revenues decreasing by 31.3% to $45.3 million and net income falling by 69.5% to $5.2 million. This decline was largely attributed to a decrease in RINs sold and a lower average realized RIN price. Despite these financial setbacks, the company saw an increase in both RNG and renewable electricity production volumes.

Montauk Renewables experienced a 4.1% increase in total revenues to $45.1 million in Q2 2025 compared to the prior year, primarily due to the timing of revenue recognition from a short-term fixed-priced contract. However, the company reported a net loss of $5.5 million and a 27.7% decrease in Non-GAAP Adjusted EBITDA to $5.0 million, largely impacted by a significant decrease in average realized RIN prices and increased operating and maintenance expenses.

Montauk Renewables reported total revenues of $42.6 million for the first quarter of 2025, a 9.8% increase from the same period in 2024. However, the company experienced a net loss of $0.5 million, a significant decrease from the net income of $1.9 million in the first quarter of 2024. Adjusted EBITDA also saw a decline of 7.2% year-over-year.

Montauk Renewables experienced a flat revenue year-over-year at $175.7 million, a 34.9% decrease in net income to $9.7 million, and an 8.3% decrease in Non-GAAP Adjusted EBITDA to $42.6 million for the full year 2024. RNG production increased by 1.6% to 5.6 million MMBtu, while RINs sold decreased by 18.5%.

Montauk Renewables announced strong third-quarter results, with an 18.4% increase in revenues to $65.9 million and a 31.8% increase in net income to $17.0 million compared to the third quarter of 2023. The company's RNG production remained flat at 1.4 million MMBtu, while RINs sold increased by 14.5%.

Montauk Renewables reported an increase in revenue to $82.125 million and a significant increase in headline earnings to $1.601 million for the six months ended June 30, 2024. The company did not declare a final dividend to focus on the continued development of its operations portfolio.