FY2025 · ended Dec 31, 2025 · Revenue $120.34M, +10.4% YoY · Filed Mar 10, 2026
Arq, Inc. (ARQ) files with the SEC under industry code 2890, Miscellaneous Chemical Products. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $120.3 million and a net loss of $52.6 million. Free cash flow was -$11.3 million. As of Sep 30, 2026 it held $7.8 million in cash and investments and $36.4 million in total debt.
Revenue (TTM)
$126.58M
+7.3% vs year-ago TTM
Net income (TTM)
$-48.69M
-951.6% vs year-ago TTM
Operating cash flow (TTM)
$4.93M
-5.9% vs year-ago TTM
Free cash flow (TTM)
$1.39M
+103.1% vs year-ago TTM
EPS (TTM)
$-1.15
-929.7% vs year-ago TTM
Dividend per share
$0.25
-75.0% vs prior year
Shares outstanding
42.85M
+2.0% vs prior year
Net cash
$-28.63M
as of Sep 30, 2026
Operating margin
-38.5%
FY 2026
Company profile
- Industry
- Miscellaneous Chemical Products (SIC 2890)
- Listed as
- ARQ (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- Greenwood Village, CO
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1515156
- Former names
- Advanced Emissions Solutions, Inc. (until Jan 31, 2024)
Other Miscellaneous Chemical Products companies
- Element Solutions Inc ESI
- Cabot Corp CBT
- WD 40 Co WDFC
- Flotek Industries INC/CN/ FTK
- Orion S.A. OEC
- ASP Isotopes Inc. ASPI
- Flexible Solutions International Inc FSI
- Zentek Ltd. ZTEKF
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $120.3M | $109.0M | $99.2M | $103.0M | $100.3M |
| Operating income | -$53.0M | -$2.0M | -$13.3M | -$12.1M | $4.9M |
| Net income | -$52.6M | -$5.1M | -$12.2M | -$8.9M | $60.4M |
| Diluted EPS | -$1.27 | -$0.14 | -$0.42 | -$0.48 | $3.27 |
| Operating cash flow | -$2.7M | $10.5M | -$16.7M | -$6.1M | $26.0M |
| Free cash flow | -$11.3M | -$74.7M | -$44.2M | -$15.0M | $19.8M |
| Total assets | $230.6M | $284.4M | $235.5M | $181.2M | $185.4M |
| Total liabilities | $62.6M | $67.1M | $57.1M | $41.2M | $38.1M |
| Stockholders' equity | $168.0M | $217.3M | $178.4M | $140.0M | $147.3M |
| Cash and investments | $6.6M | $13.5M | $45.4M | $66.4M | — |
| Total debt | $38.0M | $35.9M | $37.3M | $17.0M | $14.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Officer or director change, Other events
|
Aug 28, 2026 | Aug 24, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 10, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 23, 2026 | Jul 17, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.