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Side-by-side financial comparison of Montauk Renewables, Inc. (MNTK) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.
Montauk Renewables, Inc. is the larger business by last-quarter revenue ($43.4M vs $26.9M, roughly 1.6× WEST BANCORPORATION INC). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs 5.7%, a 33.5% gap on every dollar of revenue. On growth, Montauk Renewables, Inc. posted the faster year-over-year revenue change (56.7% vs 16.6%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $-41.1M). Over the past eight quarters, WEST BANCORPORATION INC's revenue compounded faster (17.3% CAGR vs 5.8%).
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.
West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.
MNTK vs WTBA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $43.4M | $26.9M |
| Net Profit | $2.5M | $10.6M |
| Gross Margin | — | — |
| Operating Margin | -3.8% | 50.0% |
| Net Margin | 5.7% | 39.2% |
| Revenue YoY | 56.7% | 16.6% |
| Net Profit YoY | 129.5% | 34.8% |
| EPS (diluted) | $0.01 | $0.61 |
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.
| Q1 26 | — | $26.9M | ||
| Q4 25 | $43.4M | $24.2M | ||
| Q3 25 | $45.3M | $25.0M | ||
| Q2 25 | $45.1M | $23.8M | ||
| Q1 25 | $42.6M | $23.1M | ||
| Q4 24 | $27.7M | $20.9M | ||
| Q3 24 | $65.9M | $20.3M | ||
| Q2 24 | $43.3M | $19.6M |
| Q1 26 | — | $10.6M | ||
| Q4 25 | $2.5M | $7.4M | ||
| Q3 25 | $5.2M | $9.3M | ||
| Q2 25 | $-5.5M | $8.0M | ||
| Q1 25 | $-464.0K | $7.8M | ||
| Q4 24 | $-8.5M | $7.1M | ||
| Q3 24 | $17.0M | $6.0M | ||
| Q2 24 | $-712.0K | $5.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 43.8% | — | ||
| Q2 24 | 15.6% | — |
| Q1 26 | — | 50.0% | ||
| Q4 25 | -3.8% | 39.6% | ||
| Q3 25 | 9.8% | 45.8% | ||
| Q2 25 | -5.2% | 43.4% | ||
| Q1 25 | 1.0% | 43.4% | ||
| Q4 24 | -35.5% | 30.9% | ||
| Q3 24 | 34.4% | 36.6% | ||
| Q2 24 | 2.0% | 32.6% |
| Q1 26 | — | 39.2% | ||
| Q4 25 | 5.7% | 30.7% | ||
| Q3 25 | 11.5% | 37.3% | ||
| Q2 25 | -12.2% | 33.5% | ||
| Q1 25 | -1.1% | 34.0% | ||
| Q4 24 | -30.5% | 34.0% | ||
| Q3 24 | 25.9% | 29.3% | ||
| Q2 24 | -1.6% | 26.5% |
| Q1 26 | — | $0.61 | ||
| Q4 25 | $0.01 | $0.44 | ||
| Q3 25 | $0.04 | $0.55 | ||
| Q2 25 | $-0.04 | $0.47 | ||
| Q1 25 | $0.00 | $0.46 | ||
| Q4 24 | $-0.05 | $0.41 | ||
| Q3 24 | $0.12 | $0.35 | ||
| Q2 24 | $-0.01 | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.8M | $362.0M |
| Total DebtLower is stronger | $126.0M | — |
| Stockholders' EquityBook value | $263.1M | $270.7M |
| Total Assets | $435.5M | $4.0B |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $362.0M | ||
| Q4 25 | $23.8M | $471.1M | ||
| Q3 25 | $6.8M | $232.9M | ||
| Q2 25 | $29.1M | $345.2M | ||
| Q1 25 | $40.1M | — | ||
| Q4 24 | $45.6M | $243.5M | ||
| Q3 24 | $55.0M | — | ||
| Q2 24 | $42.3M | — |
| Q1 26 | — | — | ||
| 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 26 | — | $270.7M | ||
| Q4 25 | $263.1M | $266.0M | ||
| Q3 25 | $260.7M | $255.1M | ||
| Q2 25 | $254.7M | $240.9M | ||
| Q1 25 | $258.2M | $237.9M | ||
| Q4 24 | $257.4M | $227.9M | ||
| Q3 24 | $275.3M | $235.4M | ||
| Q2 24 | $255.3M | $223.9M |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $435.5M | $4.1B | ||
| Q3 25 | $383.3M | $4.0B | ||
| Q2 25 | $382.5M | $4.1B | ||
| Q1 25 | $354.2M | $4.0B | ||
| Q4 24 | $349.0M | $4.0B | ||
| Q3 24 | $374.1M | $4.0B | ||
| Q2 24 | $362.0M | $4.0B |
| Q1 26 | — | — | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $337.0K | $12.9M |
| Free Cash FlowOCF − Capex | $-41.1M | $12.4M |
| FCF MarginFCF / Revenue | -94.7% | 46.0% |
| Capex IntensityCapex / Revenue | 95.5% | 1.8% |
| Cash ConversionOCF / Net Profit | 0.14× | 1.22× |
| TTM Free Cash FlowTrailing 4 quarters | $-86.2M | $79.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.9M | ||
| Q4 25 | $337.0K | $46.5M | ||
| Q3 25 | $12.7M | $11.4M | ||
| Q2 25 | $8.2M | $13.5M | ||
| Q1 25 | $9.1M | $9.7M | ||
| Q4 24 | $724.0K | $39.8M | ||
| Q3 24 | $28.6M | $12.9M | ||
| Q2 24 | $193.0K | $10.0M |
| Q1 26 | — | $12.4M | ||
| Q4 25 | $-41.1M | $43.2M | ||
| Q3 25 | $-17.2M | $10.8M | ||
| Q2 25 | $-25.5M | $12.8M | ||
| Q1 25 | $-2.5M | $8.3M | ||
| Q4 24 | $-8.3M | $13.7M | ||
| Q3 24 | $16.0M | $7.0M | ||
| Q2 24 | $-18.6M | $2.7M |
| Q1 26 | — | 46.0% | ||
| Q4 25 | -94.7% | 178.3% | ||
| Q3 25 | -37.9% | 43.0% | ||
| Q2 25 | -56.4% | 53.6% | ||
| Q1 25 | -5.8% | 35.7% | ||
| Q4 24 | -29.8% | 65.6% | ||
| Q3 24 | 24.3% | 34.2% | ||
| Q2 24 | -42.9% | 14.0% |
| Q1 26 | — | 1.8% | ||
| Q4 25 | 95.5% | 13.7% | ||
| Q3 25 | 65.9% | 2.6% | ||
| Q2 25 | 74.6% | 3.2% | ||
| Q1 25 | 27.3% | 6.5% | ||
| Q4 24 | 32.5% | 125.3% | ||
| Q3 24 | 19.1% | 29.4% | ||
| Q2 24 | 43.3% | 37.1% |
| Q1 26 | — | 1.22× | ||
| Q4 25 | 0.14× | 6.26× | ||
| Q3 25 | 2.43× | 1.23× | ||
| Q2 25 | — | 1.70× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 5.61× | ||
| Q3 24 | 1.68× | 2.17× | ||
| Q2 24 | — | 1.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MNTK
| Natural Gas Environmental Attributes | $28.1M | 65% |
| Natural Gas Commodity | $10.7M | 25% |
| Electric Commodity | $2.7M | 6% |
| Electric Environmental Attributes | $2.0M | 5% |
WTBA
Segment breakdown not available.
