ARQ
Arq Inc
NASDAQ: ARQ · INDUSTRIALS · POLLUTION & TREATMENT CONTROLS
$2.27
+1.79% today
Updated 2026-04-30
Market cap
$97.33M
P/E ratio
—
P/S ratio
0.81x
EPS (TTM)
$-1.27
Dividend yield
—
52W range
$2 – $8
Volume
0.9M
Arq Inc (ARQ) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50.62M | $45.36M | $23.95M | $70.09M | $67.36M | $100.29M | $102.99M | $99.18M | $108.96M | $120.34M |
| Revenue growth (YoY) | — | -10.4% | -47.2% | +192.7% | -3.9% | +48.9% | +2.7% | -3.7% | +9.9% | +10.4% |
| Cost of revenue | $51.13M | $32.67M | $6.98M | $49.44M | $50.40M | $65.58M | $80.47M | $67.32M | $69.52M | $86.80M |
| Gross profit | $-504000.00 | $12.69M | $16.97M | $20.64M | $16.96M | $34.72M | $22.52M | $31.86M | $39.44M | $33.53M |
| Gross margin | -1.0% | 28.0% | 70.9% | 29.5% | 25.2% | 34.6% | 21.9% | 32.1% | 36.2% | 27.9% |
| R&D | $648000.00 | $157000.00 | — | — | $3.00M | $4.00M | $2.10M | $3.30M | $4.05M | $7.34M |
| SG&A | — | — | — | $28.16M | $24.43M | $24.64M | $28.14M | $37.38M | $28.70M | $22.55M |
| Operating income | $-13.24M | $-4.14M | $1.23M | $-14.89M | $-40.98M | $4.85M | $-12.07M | $-13.34M | $-1.96M | $-8.11M |
| Operating margin | -26.2% | -9.1% | 5.1% | -21.2% | -60.8% | 4.8% | -11.7% | -13.4% | -1.8% | -6.7% |
| EBITDA | $42.78M | $55.84M | $48.75M | $62.08M | $-1.33M | $85.50M | $-1.96M | $1.46M | $6.58M | $-38.40M |
| EBITDA margin | 84.5% | 123.1% | 203.6% | 88.6% | -2.0% | 85.2% | -1.9% | 1.5% | 6.0% | -31.9% |
| EBIT | $41.81M | $55.05M | $48.03M | $54.71M | $-9.87M | $77.56M | $-8.37M | $-9.08M | $-2.02M | $-50.15M |
| Interest expense | $5.07M | $3.02M | $2.15M | $7.17M | $3.92M | $1.49M | $336000.00 | $3.01M | $3.26M | $2.45M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $96.57M | $27.70M | $35.34M | $35.54M | $-20.30M | $60.40M | $-8.92M | $-12.25M | $-5.11M | $-52.61M |
| Net income growth (YoY) | — | -71.3% | +27.6% | +0.6% | -157.1% | +397.5% | -114.8% | -37.4% | +58.3% | -929.8% |
| Profit margin | 190.8% | 61.1% | 147.6% | 50.7% | -30.1% | 60.2% | -8.7% | -12.3% | -4.7% | -43.7% |