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Side-by-side financial comparison of Montauk Renewables, Inc. (MNTK) and ATRenew Inc. (RERE). Click either name above to swap in a different company.

Montauk Renewables, Inc. is the larger business by last-quarter revenue ($43.4M vs $43.2M, roughly 1.0× ATRenew Inc.). ATRenew Inc. runs the higher net margin — 16.9% vs 5.7%, a 11.2% gap on every dollar of revenue.

Montauk Renewables, Inc. is a US-based renewable energy firm specializing in capturing and converting biogenic methane from landfills and agricultural waste into renewable natural gas (RNG) and low-carbon electricity. It serves utility, commercial, and industrial customers across North America, with operations focused on advancing decarbonization and sustainable energy transition goals.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

MNTK vs RERE — Head-to-Head

Bigger by revenue
MNTK
MNTK
1.0× larger
MNTK
$43.4M
$43.2M
RERE
Higher net margin
RERE
RERE
11.2% more per $
RERE
16.9%
5.7%
MNTK

Income Statement — Q4 FY2025 vs Q1 FY2023

Metric
MNTK
MNTK
RERE
RERE
Revenue
$43.4M
$43.2M
Net Profit
$2.5M
$7.3M
Gross Margin
Operating Margin
-3.8%
Net Margin
5.7%
16.9%
Revenue YoY
56.7%
Net Profit YoY
129.5%
EPS (diluted)
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MNTK
MNTK
RERE
RERE
Q4 25
$43.4M
Q3 25
$45.3M
Q2 25
$45.1M
Q1 25
$42.6M
Q4 24
$27.7M
Q3 24
$65.9M
Q2 24
$43.3M
Q1 24
$38.8M
Net Profit
MNTK
MNTK
RERE
RERE
Q4 25
$2.5M
Q3 25
$5.2M
Q2 25
$-5.5M
Q1 25
$-464.0K
Q4 24
$-8.5M
Q3 24
$17.0M
Q2 24
$-712.0K
Q1 24
$1.9M
Gross Margin
MNTK
MNTK
RERE
RERE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
43.8%
Q2 24
15.6%
Q1 24
22.8%
Operating Margin
MNTK
MNTK
RERE
RERE
Q4 25
-3.8%
Q3 25
9.8%
Q2 25
-5.2%
Q1 25
1.0%
Q4 24
-35.5%
Q3 24
34.4%
Q2 24
2.0%
Q1 24
6.1%
Net Margin
MNTK
MNTK
RERE
RERE
Q4 25
5.7%
Q3 25
11.5%
Q2 25
-12.2%
Q1 25
-1.1%
Q4 24
-30.5%
Q3 24
25.9%
Q2 24
-1.6%
Q1 24
4.8%
EPS (diluted)
MNTK
MNTK
RERE
RERE
Q4 25
$0.01
Q3 25
$0.04
Q2 25
$-0.04
Q1 25
$0.00
Q4 24
$-0.05
Q3 24
$0.12
Q2 24
$-0.01
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MNTK
MNTK
RERE
RERE
Cash + ST InvestmentsLiquidity on hand
$23.8M
$228.0M
Total DebtLower is stronger
$126.0M
Stockholders' EquityBook value
$263.1M
$557.1M
Total Assets
$435.5M
$722.9M
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNTK
MNTK
RERE
RERE
Q4 25
$23.8M
Q3 25
$6.8M
Q2 25
$29.1M
Q1 25
$40.1M
Q4 24
$45.6M
Q3 24
$55.0M
Q2 24
$42.3M
Q1 24
$63.3M
Total Debt
MNTK
MNTK
RERE
RERE
Q4 25
$126.0M
Q3 25
$54.9M
Q2 25
$57.8M
Q1 25
$40.8M
Q4 24
$43.8M
Q3 24
$46.7M
Q2 24
$49.7M
Q1 24
$52.7M
Stockholders' Equity
MNTK
MNTK
RERE
RERE
Q4 25
$263.1M
Q3 25
$260.7M
Q2 25
$254.7M
Q1 25
$258.2M
Q4 24
$257.4M
Q3 24
$275.3M
Q2 24
$255.3M
Q1 24
$254.3M
Total Assets
MNTK
MNTK
RERE
RERE
Q4 25
$435.5M
Q3 25
$383.3M
Q2 25
$382.5M
Q1 25
$354.2M
Q4 24
$349.0M
Q3 24
$374.1M
Q2 24
$362.0M
Q1 24
$354.7M
Debt / Equity
MNTK
MNTK
RERE
RERE
Q4 25
0.48×
Q3 25
0.21×
Q2 25
0.23×
Q1 25
0.16×
Q4 24
0.17×
Q3 24
0.17×
Q2 24
0.19×
Q1 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MNTK
MNTK
RERE
RERE
Operating Cash FlowLast quarter
$337.0K
Free Cash FlowOCF − Capex
$-41.1M
FCF MarginFCF / Revenue
-94.7%
Capex IntensityCapex / Revenue
95.5%
Cash ConversionOCF / Net Profit
0.14×
TTM Free Cash FlowTrailing 4 quarters
$-86.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNTK
MNTK
RERE
RERE
Q4 25
$337.0K
Q3 25
$12.7M
Q2 25
$8.2M
Q1 25
$9.1M
Q4 24
$724.0K
Q3 24
$28.6M
Q2 24
$193.0K
Q1 24
$14.3M
Free Cash Flow
MNTK
MNTK
RERE
RERE
Q4 25
$-41.1M
Q3 25
$-17.2M
Q2 25
$-25.5M
Q1 25
$-2.5M
Q4 24
$-8.3M
Q3 24
$16.0M
Q2 24
$-18.6M
Q1 24
$-7.7M
FCF Margin
MNTK
MNTK
RERE
RERE
Q4 25
-94.7%
Q3 25
-37.9%
Q2 25
-56.4%
Q1 25
-5.8%
Q4 24
-29.8%
Q3 24
24.3%
Q2 24
-42.9%
Q1 24
-19.8%
Capex Intensity
MNTK
MNTK
RERE
RERE
Q4 25
95.5%
Q3 25
65.9%
Q2 25
74.6%
Q1 25
27.3%
Q4 24
32.5%
Q3 24
19.1%
Q2 24
43.3%
Q1 24
56.7%
Cash Conversion
MNTK
MNTK
RERE
RERE
Q4 25
0.14×
Q3 25
2.43×
Q2 25
Q1 25
Q4 24
Q3 24
1.68×
Q2 24
Q1 24
7.73×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MNTK
MNTK

Natural Gas Environmental Attributes$28.1M65%
Natural Gas Commodity$10.7M25%
Electric Commodity$2.7M6%
Electric Environmental Attributes$2.0M5%

RERE
RERE

Segment breakdown not available.

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