Montauk Renewables Q1 revenue rises 9% to $46.4M; cuts REG revenue outlook
Montauk Renewables reported first quarter 2026 revenue of $46.4 million, up 9.0% from $42.6 million a year earlier, and net income of $5 thousand compared with a net loss of $0.5 million. It also lowered its 2026 REG revenue outlook to $33 million to $37 million, tied to the timing of revenue from its Montauk Ag Renewables facility, while leaving its RNG revenue and production outlooks unchanged.
Key points
- Q1 2026 revenue $46.4 million, up 9.0% from $42.6 million; operating loss of $1.6 million versus operating income of $0.4 million a year earlier
- Adjusted EBITDA $10.8 million, up 22.8% year over year; net income $5 thousand versus a net loss of $0.5 million
- 2026 REG revenue outlook reduced to $33 million to $37 million; RNG revenue outlook of $175 million to $190 million unchanged
- Conference call scheduled for May 7, 2026 at 8:30 a.m. Eastern time
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.