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Arq(NASDAQ) ADES

Market CapN/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2023)-18%
5 Year-66%
1 Year-68%
1 Month+4%
N/A
Arq last closing stock price
MetricPriceDate
Last closeUSD 2.302026-08-12
Arq stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+12.2%USD 2.052026-08-05
1 month+3.6%USD 2.222026-07-13
3 month-12.55%USD 2.632026-05-14
Year to date-29.66%USD 3.272025-12-31
1 year-68.06%USD 7.202025-08-12
3 year+7.48%USD 2.142023-08-11
5 year-65.67%USD 6.702021-08-13
Since inception-17.75%USD 2.762023-02-02

Arq Financials at a Glance

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$123.44M

Net Income (TTM)

-$52.26M

EPS (TTM)

N/A

P/E Ratio

N/A

Dividend

N/A

Beta (Volatility)

N/A

Price

N/A

Volume

N/A

Open

N/A

Previous Close

N/A

Daily Range

N/A

52-Week Range

N/A

Estimated Earnings Date

Mar 6, 2024

ADES News

No articles available.

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About Arq

Arq makes materials that help clean water, air, and soil. Its products remove harmful substances for industries and communities. These solutions support safer drinking water and cleaner air for many people.

Products and Services

  • Powdered Activated Carbon (PAC): Fine carbon powder used to remove pollutants from water and air; main product for power plants and water utilities.
  • Granular Activated Carbon (GAC): Larger carbon particles for water treatment and soil cleanup; used in municipal and industrial settings.
  • Colloidal Carbon Products: Tiny carbon particles, including FluxSorb RC, for specialized contaminant removal in water and soil.
  • Arq Powder Wetcake: Fine coal waste-derived material for asphalt and potential use in synthetic graphite; currently not in active production.
  • Air Emissions Additives: Chemicals that help power plants and factories reduce mercury and other air pollutants.

Growth and Expansion

  • Changed name from Advanced Emissions Solutions to Arq in February 2024 to reflect new focus.
  • Commissioned new Granular Activated Carbon facility at Red River Plant in August 2025.
  • Expanded product line to include Corbin Wetcake and explored new uses in 2025.
  • Idled Corbin Facility in 2025 to cut costs and review market options.
  • Entered Canadian market, with Canada making up 7.4% of 2025 sales.

What Makes Arq Stand Out

Arq owns its main raw material source, helping control costs and supply. Its patented technology supports unique products for pollution control. The company’s focus on regulatory-driven markets helps it address changing environmental rules.

Five Things You Need to Know

  • Revenue was $120.3 million in 2025, up 10% from 2024.
  • U.S. sales made up 92.6% of total revenue in 2025.
  • Top three customers accounted for 42% of 2025 revenue.
  • Net loss was $52.6 million in 2025, mainly from a $44.8 million impairment.
  • Cash and restricted cash totaled $15.0 million at year-end 2025.

Bottom Line

Arq has shifted from emissions control to broader purification solutions. Its integrated supply chain and patented products support adaptability in a changing regulatory environment.

AI Generated • Apr 16, 2026

Industry

Chemicals

Sector

Materials

Employees

202

CEO

Robert E. Rasmus

Website

www.arq.com

Headquarters

Greenwood Village, CO 80111, US

ADES Financials

Key Financial Metrics (TTM)

Gross Margin

28.80%

Operating Margin

-6.79%

Net Income Margin

-42.33%

Return on Equity

-28.98%

Return on Capital

-29.84%

Return on Assets

-22.43%

Earnings Yield

N/A

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

N/A

Volume

N/A

Avg. Volume

N/A

Financials (TTM)

Gross Profit

$35.55M

Operating Income

-$53.12M

EBITDA

-$38.48M

Operating Cash Flow

-$113.00K

Capital Expenditure

$359.00K

Free Cash Flow

$246.00K

Cash & ST Invst.

$906.00K

Total Debt

$9.29M

Arq Performance Analysis

Arq annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 102,987,0002.7%
20232023-12-31USD 99,183,000-3.7%
20242024-12-31USD 108,959,0009.9%
20252025-12-31USD 120,336,00010.4%
Arq sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3022.7%
Q42025-12-31-16.1%
Q12026-03-31-1.3%
Q22026-06-302.9%
Arq annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.48N/A
20232023-12-31USD -0.42-12.9%
20242024-12-31USD -0.14-66.3%
20252025-12-31USD -1.27794.1%
Arq sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3060.0%
Q42025-12-31-5900.0%
Q12026-03-3198.3%
Q22026-06-30N/A

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$29.88M

+4.5%

Gross Profit

$11.51M

+20.9%

Gross Margin

38.52%

N/A

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

139

N/A

Net Income

-$733.00K

+65.6%

EBITDA

$3.47M

+273.5%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$906.00K

-87.0%

Total Debt

$9.29M

-8.6%

Accounts Receivable

$20.03M

+28.8%

Inventory

$19.41M

-6.6%

Long Term Debt

$8.20M

-6.2%

Short Term Debt

$1.10M

-23.1%

Return on Assets

-22.43%

N/A

Return on Invested Capital

-4.48%

N/A

Free Cash Flow

-$1.92M

-1689.3%

Operating Cash Flow

-$2.72M

-616.7%

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Questions About ADES

What is the current price of Arq?

Arq is trading at N/A per share.

What is the 52-week range for Arq?

Over the past 52 weeks, Arq has traded between N/A and N/A.

How much debt does Arq have?

As of the most recent reporting period, Arq reported total debt of $38.06M.

How much cash does Arq have on hand?

Arq reported $906.00K in cash and cash equivalents in its most recent financial results.

What is Arq’s dividend yield?

Arq does not currently have a dividend yield.

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