Arq, Inc.ARQEarnings & Financial Report
Nasdaq
NextMar 31, 2026
ARQ Q3 2025 Key Financial Metrics
Revenue
$35.1M
Gross Profit
$10.1M
Operating Profit
$-839.0K
Net Profit
$-653.0K
Gross Margin
28.8%
Operating Margin
-2.4%
Net Margin
-1.9%
YoY Growth
0.9%
EPS
$-0.02
Financial Flow
Arq, Inc. Q3 2025 Financial Summary
Arq, Inc. reported revenue of $35.1M for Q3 2025, with a net profit of $-653.0K (-1.9% margin). Cost of goods sold was $25.0M, operating expenses totaled $10.9M.
Key Financial Metrics
| Total Revenue | $35.1M |
|---|---|
| Net Profit | $-653.0K |
| Gross Margin | 28.8% |
| Operating Margin | -2.4% |
| Report Period | Q3 2025 |
Arq, Inc. Annual Revenue by Year
Arq, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $109.0M).
| Year | Annual Revenue |
|---|---|
| 2024 | $109.0M |
| 2023 | $99.2M |
| 2022 | $103.0M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.1M | $21.7M | $25.4M | $34.8M | $27.0M | $27.2M | $28.6M | $35.1M |
| YoY Growth | 20.1% | 4.5% | 24.3% | 16.6% | -3.8% | 25.3% | 12.5% | 0.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $235.5M | $229.8M | $248.6M | $280.0M | $284.4M | $283.7M | $284.5M | $277.9M |
| Liabilities | $57.1M | $54.6M | $59.0M | $61.8M | $67.1M | $65.5M | $67.8M | $60.8M |
| Equity | $178.4M | $175.2M | $189.6M | $218.1M | $217.3M | $218.2M | $216.8M | $217.2M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $4.5M | $526000 | $-3.0M | $7.7M | $5.2M | $-5.8M | $527000 | $5.3M |