ARQ Q3 2025 Earnings — Arq, Inc. Revenue & Financial Results | Market Cap Arena

ARQArq, Inc.

$69M

Q3 2025 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$35M+0.9% YoY

Gross Profit

$10M28.8% margin

Operating Income

-$839,000-2.4% margin

Net Income

-$653,000-1.9% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+22.7%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$278M

Total Liabilities

$61M

Stockholders' Equity

$217M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$35M	+0.9%
Gross Profit	$10M	$13M	-24.8%
Operating Income	-$839,000	$2M	-141.4%
Net Income	-$653,000	$2M	-140.4%

Geographic Segments

UNITED STATES

$33M95%

CANADA

$2M5%