Montana Technologies Corporation Class A (AIRJ)
NASDAQ:AIRJ
Earnings Data
Report Date
May 25, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.26Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted substantial technical validation, product progress (Core and Prime), strategic partnerships, an operational manufacturing line and successful capital raises that provide runway into 2027. These operational and commercial milestones materially de-risk the technology and commercialization path. Offsetting these positives are significant near-term financial losses at the joint venture level (driven by a noncash impairment), minimal current revenue, and commercialization timelines extending into late 2026/2027. On balance, the company has demonstrable momentum and sufficient near-term liquidity to execute its 2026 commercialization plan, but revenue scaling remains future-dated.Company Guidance
Technology Validation and Field Deployments
Multiple real-world deployments in Texas (Hubbard), Arizona, California (Pescadero), Dubai and at Arizona State University validated AirJoule's ability to produce distilled potable water from ambient air and provided months of operational data.
Product Roadmap Progress (Core and Prime)
Focused 2025 builds on the A250 (now AirJoule Core) to inform design of the larger A1000 (AirJoule Prime). Core is being finalized for UL and NSF certification with commercial availability targeted late Q4 2026; first Prime is under construction in Newark for an outdoor showcase.
Strategic Partnerships and Customer Channels
Secured strategic relationships including GE Vernova (equity and waste-heat integration project), Net Zero Innovation Hub (data center customers like Google and Microsoft), ACRADA with U.S. Army, a defense contractor agreement for anti-corrosion, and an exclusive Middle East distribution agreement with TenX.
Initial Revenue and Proof-of-Value Traction
First nominal JV revenue of approximately $110,000 in Q4 2025 from sales of Core systems (Arizona State University), and multiple proof-of-value demonstrations completed that are advancing customer engagements.
Manufacturing Readiness
Coating line operational in Newark producing sorbent-coated contactors; Newark facility capacity expected to support sales through 2027 and company is preparing for contract manufacturing as demand scales.
Capital Raise and Cash Position
AirJoule Technologies ended 2025 with ~$22M cash and completed a January 2026 equity offering raising ~ $22M net proceeds; combined pro forma cash position across AirJoule and the JV is approximately $44M with no debt.
Clear Commercialization Process and Business Model
Defined a four-stage customer engagement process (discovery, proof-of-value, commercial structuring, deployment/scale) and introduced a water purchase agreement (WPA) model to enable recurring revenue and long-term customer contracts.
Planned 2026 Spend and Runway
Management expects combined 2026 cash spend across corporate and JV of ~ $25M and budgets JV operating expenses of $17M–$19M and AirJoule corporate operating expenses of ~$15M, indicating a runway to fund commercialization activities through 2027.
Gross Margin Target at Scale
Management's long-term gross margin target of approximately 30%–35% at scale with transition to contract manufacturing; early-stage deployments prioritize validation over margin.
AIRJ 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
AIRJ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 30, 2026 | $2.90 | $2.51 | -13.45% |
Nov 13, 2025 | $4.25 | $4.36 | +2.59% |
Aug 13, 2025 | $4.76 | $5.02 | +5.46% |
May 12, 2025 | $4.38 | $4.55 | +3.88% |
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 Montana Technologies Corporation Class A (AIRJ) report earnings?
Montana Technologies Corporation Class A (AIRJ) is schdueled to report earning on May 25, 2026, After Close (Confirmed).
What is Montana Technologies Corporation Class A (AIRJ) earnings time?
Montana Technologies Corporation Class A (AIRJ) earnings time is at May 25, 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 AIRJ EPS forecast?
Currently, no data Available