Arq, Inc.
ARQ Nasdaq· Miscellaneous Chemical Products
Last close · Oct 23, 2026
$1.75
KIRA · Stoqly’s AI analyst, in plain words
- Arq, Inc. had $120M of revenue in fiscal 2025, up 10.4% on the year before. Over five years, revenue changed +12.3% a year on average.
- Its operating margin was −44.0%, down 42.2 pts: of every 100 in sales, about −44 is left after running the business.
- Arq, Inc. lost $52.6M in fiscal 2025.
- Free cash flow was −$11.3M in fiscal 2025, −9.4% of revenue.
- Arq, Inc. owes $22.4M more than it holds in cash.
Market cap
$73.7M
P/E
—
Revenue
$120M
Net income
−$52.6M
Free cash flow
−$11.3M
Operating margin
−44.0%
Arq, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+10.4%
Yes. Sales grew 10.4% last year.
Does it make a profit?
−43.7%
No. It lost money last year.
Does profit turn into cash?
−9.4%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Arq, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 10, 2026
- Legal name
- Arq, Inc.
- CIK
- 0001515156
Arq, Inc. · ARQ
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $100M | $103M | $99.2M | $109M | $120M |
| Revenue growth | 48.9% | 2.7% | −3.7% | 9.9% | 10.4% |
| Gross margin | — | — | 32.1% | 36.2% | 27.9% |
| Operating margin | 4.8% | −11.7% | −13.4% | −1.8% | −44.0% |
| Net income | $60.4M | −$8.9M | −$12.2M | −$5.1M | −$52.6M |
| Net margin | 60.2% | −8.7% | −12.3% | −4.7% | −43.7% |
| Diluted EPS | $3.27 | −$0.48 | −$0.42 | −$0.14 | −$1.27 |
| Cash | |||||
| Cash from operations | $26.0M | −$6.1M | −$16.7M | $10.5M | −$2.7M |
| Capital expenditure | $6.2M | $8.9M | $27.5M | $85.2M | $8.6M |
| Free cash flow | $19.8M | −$15.0M | −$44.2M | −$74.7M | −$11.3M |
| FCF margin | 19.7% | −14.5% | −44.5% | −68.6% | −9.4% |
| Dividends paid | $0.1M | $0.0M | $0.0M | — | — |
| Share buybacks | $0.0M | — | — | — | — |
| Share count change | 2.3% | −0.0% | 57.7% | 23.9% | 15.2% |
| Debt and strength | |||||
| Cash and short-term investments | $78.8M | $66.4M | $45.4M | $13.5M | $6.6M |
| Debt incl. finance leases | $7.3M | $9.2M | $26.5M | $26.4M | $29.0M |
| Shareholders' equity | $147M | $140M | $178M | $219M | $168M |
| Net debt / EBITDA | −5.6x | — | — | 1.9x | — |
| Current ratio | 4.8x | 4.4x | 3.8x | 1.2x | 1.0x |
| Interest coverage | 3.3x | −35.9x | −4.4x | −0.6x | −21.6x |
| Returns and quality | |||||
| Return on capital | 5.4% | −12.2% | −6.8% | −0.7% | −22.0% |
| Return on equity | 52.0% | −6.2% | −7.7% | −2.6% | −27.2% |
| Return on tangible equity | 41.4% | −6.4% | −7.2% | −2.4% | −31.4% |
| Piotroski F-score | 6 | 3 | 0 | 5 | 2 |
| Altman Z'' | 8.9 | 7.6 | 5.7 | 4.3 | 1.5 |
Insiders bought, 12 months
$0.9M
7 insiders
Insiders sold, 12 months
$0.0M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Arq, Inc. · ARQ
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.75 a share, the company is worth $73.7M.
Source: SEC EDGAR XBRL filings (CIK 0001515156). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.