ARQ Q4 2025 Earnings — Arq, Inc. Revenue & Financial Results | Market Cap Arena

ARQArq, Inc.

$69M

Q4 2025 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$29M+8.8% YoY

Gross Profit

$4M13.6% margin

Operating Income

-$51M-174.1% margin

Net Income

-$50M-170.0% margin

EPS (Diluted)

$-1.20

QoQ Revenue Growth

-16.1%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$4M

Stock-Based Comp.

$840,000

Balance Sheet

Total Assets

$231M

Total Liabilities

$63M

Stockholders' Equity

$168M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$27M	+8.8%
Gross Profit	$4M	$10M	-59.3%
Operating Income	-$51M	$413,000	-12503.4%
Net Income	-$50M	-$1M	-3636.1%

Geographic Segments

UNITED STATES

$26M89%

CANADA

$3M11%