What was Montauk Renewables' Q2 2026 net profit and how did it change year-over-year?

Montauk Renewables reported a net profit of $0.2 million in Q2 2026, representing a 104% increase year-over-year from a previous loss.

What were the key drivers behind Montauk Renewables' revenue growth in Q2 2026?

The 19.7% rise in total revenues to $54.0 million was primarily driven by income from its GreenWave joint venture and increased RIN sales, which offset an 80% drop in fixed-price RNG volumes.

Montauk Renewables Q2 Results: Net Profit Up 104% YoY

Aug 6, 2026

Montauk Renewables achieved a 104% YoY net profit increase to $0.2 million in Q2 2026, driven by RIN sales and GreenWave JV income. While maintaining RNG guidance, the company lowered renewable electricity generation forecasts due to project delays.

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