Arq, Inc. (ARQ) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 29.05M | 29.43M | 35.07M | 28.58M | 27.25M | 27.04M | 34.77M | 25.41M | 21.74M | 28.1M | 29.83M | 20.45M | 20.8M | 23.41M | 28.44M | 24.74M | 26.4M | 30.71M | 28.85M |
| Revenue Growth % | 6.63% | 8.84% | 0.86% | 12.51% | 25.33% | -3.79% | 16.58% | 24.26% | 4.49% | 20.06% | 4.9% | -17.36% | -21.2% | -23.77% | -1.45% | - | - | - | - |
| Cost of Goods Sold | 19.11M | 25.44M | 24.96M | 19.07M | 17.33M | 17.24M | 21.34M | 18.89M | 15.43M | 14.11M | 23.42M | 15.34M | 17.18M | 17.47M | 23.25M | 19.91M | 23.01M | 21.85M | 20.1M |
| COGS % of Revenue | 65.79% | 86.44% | 71.18% | 66.7% | 63.61% | 63.74% | 61.36% | 74.34% | 70.97% | 50.19% | 78.51% | 75.01% | 82.55% | 74.64% | 81.75% | 80.48% | 87.16% | 71.15% | 69.65% |
| Gross Profit | 9.94M | 3.99M | 10.11M | 9.52M | 9.91M | 9.8M | 13.44M | 6.52M | 6.31M | 14M | 6.41M | 5.11M | 3.63M | 5.94M | 5.19M | 4.83M | 3.39M | 8.86M | 8.76M |
| Gross Margin % | 34.21% | 13.56% | 28.82% | 33.3% | 36.39% | 36.26% | 38.64% | 25.66% | 29.03% | 49.81% | 21.49% | 24.99% | 17.45% | 25.36% | 18.25% | 19.52% | 12.84% | 28.85% | 30.35% |
| Gross Profit Growth % | 0.24% | -59.3% | -24.76% | 45.98% | 57.11% | -29.97% | 109.56% | 27.62% | 73.86% | 135.83% | 23.5% | 5.8% | 7.11% | -33% | -40.72% | - | - | - | - |
| Operating Expenses | 10.92M | 10.48M | 10.95M | 11.07M | 9.25M | 9.39M | 11.41M | 7.94M | 9.29M | 10.89M | 8.94M | 11.2M | 11.46M | 9.31M | 7.81M | 7.57M | 6.72M | 8.08M | 5.46M |
| OpEx % of Revenue | 37.59% | 35.62% | 31.21% | 38.74% | 33.96% | 34.73% | 32.8% | 31.25% | 42.74% | 38.77% | 29.96% | 54.76% | 55.07% | 39.77% | 27.48% | 30.58% | 25.47% | 26.3% | 18.92% |
| Selling, General & Admin | 7.37M | 5.96M | 4.62M | 5.92M | 6.05M | 5.96M | 8.06M | 7.01M | 7.67M | 7.66M | 8.94M | 7.99M | 11.28M | 7.66M | 7.81M | 5.94M | 6.72M | 7.06M | 5.46M |
| SG&A % of Revenue | 25.36% | 20.25% | 13.18% | 20.7% | 22.22% | 22.04% | 23.17% | 27.6% | 35.26% | 27.27% | 29.96% | 39.1% | 54.23% | 32.72% | 27.48% | 24.02% | 25.47% | 22.98% | 18.92% |
| Research & Development | 982K | 1.2M | 2.57M | 2.7M | 874K | 709K | 787K | 929K | 1.63M | 0 | 0 | 774K | 732K | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 3.38% | 4.08% | 7.32% | 9.44% | 3.21% | 2.62% | 2.26% | 3.66% | 7.47% | - | - | 3.79% | 3.52% | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 0 | 1000K | -558K | 1000K | 0 | 1000K | 0 | 1000K | 0 |
| Operating Income | -982K | -6.49M | -839K | -1.55M | 662K | 413K | 2.03M | -1.42M | -2.98M | 3.1M | -2.52M | -6.09M | -7.83M | -3.37M | -2.62M | -2.74M | -3.33M | 784K | 3.3M |
| Operating Margin % | -3.38% | -22.06% | -2.39% | -5.44% | 2.43% | 1.53% | 5.83% | -5.59% | -13.71% | 11.04% | -8.46% | -29.77% | -37.62% | -14.41% | -9.22% | -11.06% | -12.63% | 2.55% | 11.43% |
| Operating Income Growth % | -248.34% | -1671.91% | -141.37% | -9.51% | 122.21% | -86.69% | 180.32% | 76.67% | 61.93% | 192% | 3.74% | -122.48% | -134.69% | -530.36% | -179.51% | - | - | - | - |
| EBITDA | 1.59M | -3.17M | 2.92M | 930K | 2.84M | 2.92M | 4.74M | 238K | -1.26M | 6.37M | 186K | -3.66M | -5.69M | -1.72M | -952K | -1.15M | -1.83M | 2.56M | 5.44M |
| EBITDA Margin % | 5.47% | -10.77% | 8.32% | 3.25% | 10.43% | 10.79% | 13.64% | 0.94% | -5.81% | 22.67% | 0.62% | -17.9% | -27.35% | -7.36% | -3.35% | -4.64% | -6.93% | 8.34% | 18.87% |
| EBITDA Growth % | -44.14% | -208.64% | -38.47% | 290.76% | 324.92% | -54.21% | 2450.54% | 106.5% | 77.79% | 469.76% | 119.54% | -218.73% | -211.1% | -167.25% | -117.49% | - | - | - | - |
| D&A (Non-Cash Add-back) | 2.57M | 3.32M | 3.76M | 2.48M | 2.18M | 2.5M | 2.72M | 1.66M | 1.72M | 3.27M | 2.71M | 2.43M | 2.14M | 1.65M | 1.67M | 1.59M | 1.51M | 1.78M | 2.15M |
| EBIT | 0 | -49.47M | -66K | -1.54M | 927K | -702K | 2.42M | -1.11M | -2.63M | 4.33M | -1.39M | -5.02M | -7.01M | -2.88M | -2.31M | -236K | -2.95M | 7.55M | 28.92M |
| Net Interest Income | 705K | -544K | -587K | -594K | -724K | 272K | -806K | -829K | -791K | 987K | -787K | -834K | -534K | 162K | -83K | -90K | -86K | 252K | -86K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 1.1M | 0 | 0 | 0 | 1.85M | 0 | 0 | 0 | 239K | 0 | 0 | 0 | 326K | 0 |
| Interest Expense | -705K | 544K | 587K | 594K | 724K | 831K | 806K | 829K | 791K | 859K | 787K | 834K | 534K | 77K | 83K | 90K | 86K | 74K | 86K |
| Other Income/Expense | 140K | -43.52M | 186K | -578K | -459K | -1.95M | -411K | -518K | -439K | 372K | 350K | 231K | 286K | 416K | 232K | 2.41M | 302K | 6.7M | 25.54M |
| Pretax Income | -842K | -50.02M | -653K | -2.13M | 203K | -1.53M | 1.62M | -1.94M | -3.42M | 3.48M | -2.17M | -5.86M | -7.54M | -2.96M | -2.39M | -326K | -3.03M | 7.48M | 28.83M |
| Pretax Margin % | -2.9% | -169.94% | -1.86% | -7.46% | 0.74% | -5.67% | 4.65% | -7.63% | -15.73% | 12.37% | -7.29% | -28.64% | -36.25% | -12.64% | -8.41% | -1.32% | -11.49% | 24.36% | 99.93% |
| Income Tax | 0 | 12K | 0 | 0 | 0 | -194K | 0 | 30K | 0 | 186K | 0 | 0 | -33K | 209K | 0 | 0 | 0 | 1.66M | 4.58M |
| Effective Tax Rate % | 0% | -0.02% | 0% | 0% | 0% | 12.65% | 0% | -1.55% | 0% | 5.35% | 0% | 0% | 0.44% | -7.07% | 0% | 0% | 0% | 22.18% | 15.89% |
| Net Income | -842K | -50.03M | -653K | -2.13M | 203K | -1.34M | 1.62M | -1.97M | -3.42M | 3.29M | -2.17M | -5.86M | -7.51M | -3.17M | -2.39M | -326K | -3.03M | 5.82M | 24.25M |
| Net Margin % | -2.9% | -169.98% | -1.86% | -7.46% | 0.74% | -4.95% | 4.65% | -7.75% | -15.73% | 11.71% | -7.29% | -28.64% | -36.09% | -13.53% | -8.41% | -1.32% | -11.49% | 18.95% | 84.05% |
| Net Income Growth % | -514.78% | -3636.15% | -140.38% | -8.38% | 105.94% | -140.7% | 174.34% | 66.39% | 54.46% | 203.88% | 9.03% | -1696.32% | -147.54% | -154.41% | -109.86% | - | - | - | - |
| Net Income (Continuing) | -842K | -50.03M | -653K | -2.13M | 203K | -1.34M | 1.62M | -1.97M | -3.42M | 3.29M | -2.17M | -5.86M | -7.51M | -3.17M | -2.39M | -326K | -3.03M | 5.82M | 24.25M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.02 | -1.20 | -0.02 | -0.05 | 0.00 | -0.03 | 0.04 | -0.06 | -0.09 | 0.10 | -0.07 | -0.21 | -0.32 | -0.17 | -0.13 | -0.02 | -0.17 | 0.31 | 1.31 |
| EPS Growth % | - | -3471.43% | -136.34% | 10.3% | 105.2% | -133.67% | 163.16% | 72.71% | 71.16% | 158.71% | 47.38% | -1093.18% | -88.24% | -154.84% | -109.92% | - | - | - | - |
| EPS (Basic) | -0.02 | -1.20 | -0.02 | -0.05 | 0.00 | -0.04 | 0.04 | -0.06 | -0.09 | 0.10 | -0.07 | -0.21 | -0.32 | -0.17 | -0.13 | -0.02 | -0.17 | 0.31 | 1.33 |
| Diluted Shares Outstanding | 41.73M | 41.66M | 41.61M | 41.51M | 42.53M | 36.05M | 37.44M | 34.36M | 37.06M | 32.95M | 31.81M | 27.36M | 23.77M | 19.17M | 18.49M | 18.47M | 18.34M | 18.84M | 18.49M |
| Basic Shares Outstanding | 41.73M | 41.66M | 41.61M | 41.51M | 41.32M | 36.05M | 36.12M | 34.36M | 37.06M | 32.37M | 31.81M | 27.36M | 23.77M | 19.17M | 18.49M | 18.47M | 18.34M | 18.84M | 18.29M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.02% | 0.01% |