Arq, Inc. (ARQ)
NASDAQ:ARQ
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Earnings Data
Report Date
Aug 17, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.05Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a mix of constructive operational and strategic developments alongside near-term financial impacts from one-time and carryover items. Key positives include revenue growth (+7% YoY), exceptionally strong January/February margins (38% and 47%), successful under-budget plant turnaround, reiterated 2026 guidance (revenue $120M–$125M; adjusted EBITDA $17M–$20M), and strengthening GAC market fundamentals with encouraging alternative-use progress (asphalt). Offsetting these were a noncash inventory revaluation (~$800k) and carryover GAC costs (~$600k) that reduced Q1 adjusted EBITDA to ~$2.7M (down ~34% YoY) and produced a small net loss, higher SG&A, modest unrestricted cash, and ongoing uncertainty/timing and capital needs for GAC restart/expansion. Management characterized most negative items as nonrecurring and emphasized balance-sheet and capital-allocation plans, creating a cautiously constructive tone.Company Guidance
Revenue Growth
Q1 revenue of $29.1 million, up ~7% year-over-year driven principally by increased sales volumes.
Strong Early-Quarter Margins
January and February gross margins were 38% and 47%, respectively, indicating materially improved PAC performance as GAC production costs recede.
Reiterated Full-Year Guidance
Company reiterated 2026 guidance: revenue $120M–$125M, adjusted EBITDA $17M–$20M, PAC volumes 122–125M pounds at $0.88–$0.91/lb; bottom-end adjusted EBITDA implies ~30% improvement vs. 2025.
Adjusted EBITDA Remains Positive
Q1 adjusted EBITDA of ~$2.7 million (positive cash-operating performance from PAC despite one-time impacts).
Plant Turnaround and CapEx Discipline
Biannual Red River plant turnaround completed under budget; full-year CapEx guidance maintained at $8M–$10M with some incremental flexibility from TAR outperformance.
Board and Management Alignment with Shareholders
Management and Board materially increased ownership, now collectively owning >20% of the company, aligning incentives with shareholders.
GAC Market Fundamentals Strengthening
Granular activated carbon market tightening; pricing moving higher amid supply/demand imbalance and approaching EPA PFAS monitoring (April 2027), increasing customer interest.
Progress on GAC Optimization & Third-Party Interest
Strategic optimization review of GAC ongoing with independent equipment and engineering partners; initial results targeted by Q3; multiple parties have shown interest in monetization options.
Encouraging Alternative-Use Development
Promising asphalt emulsion testing with a leading U.S. asphalt company (differentiated performance); alternative product applications (asphalt, synthetic graphite feedstock, rare earths) provide optionality though not near-term revenue drivers.
Liquidity and Financing Options
Total cash of $15.9M (approx. $4.7M unrestricted) and active financing discussions; company believes it could support larger debt capacity (up to ~3x adjusted EBITDA) and estimates potential to secure debt near $60M based on top-end guidance.
ARQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ARQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $2.31 | $2.59 | +12.12% |
Mar 09, 2026 | $3.20 | $1.64 | -48.75% |
Nov 05, 2025 | $6.35 | $4.10 | -35.43% |
Aug 11, 2025 | $6.54 | $7.20 | +10.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Arq, Inc. (ARQ) report earnings?
Arq, Inc. (ARQ) is schdueled to report earning on Aug 17, 2026, After Close (Confirmed).
What is Arq, Inc. (ARQ) earnings time?
Arq, Inc. (ARQ) earnings time is at Aug 17, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARQ EPS forecast?
ARQ EPS forecast for the fiscal quarter 2026 (Q2) is -0.02.