Arq, Inc. (ARQ)
NASDAQ:ARQ
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Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.07Last Year’s EPS
<0.01Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: the core PAC business is stable, growing and profitable with clear 2026 guidance and strong contract visibility, representing the primary positive takeaway. However, the company disclosed a major operational setback — pausing GAC production for an engineering and optimization review, a $45M noncash write-down, substantial Q4 losses and unresolved capital and timing estimates to reach economically attractive GAC scale. The positives in the PAC business mitigate some downside, but the material GAC uncertainty and recent large noncash charge temper overall optimism.Company Guidance
PAC Revenue Growth
Full year PAC-related revenue approximately $120 million, up 10% year-over-year from 2024, driven by higher average selling prices and volume growth.
Improved Adjusted EBITDA
Full year adjusted EBITDA of $13.2 million in 2025, a 26% improvement versus 2024, demonstrating stronger PAC profitability despite GAC headwinds.
2026 Guidance (PAC-Driven)
Company provided first-time full-year 2026 guidance assuming no GAC contribution: revenue $120M–$125M and adjusted EBITDA $17M–$20M (implying ~30% improvement at the bottom end versus 2025).
PAC Operational Metrics and Pricing
2026 PAC guidance: volumes 122–125 million pounds (vs. 117M in 2025 and 111M in 2024) and ASP $0.88–$0.91 per pound (vs. $0.89 in 2025 and $0.82 in 2024), showing continuing volume and price momentum.
Strong Contract Visibility and Customer Retention
High commercial visibility: 96% contract coverage on 2026 targeted volumes, 75% through 2027 and 43% through 2028; three-year customer retention of 86%.
Operational and Leadership Enhancements
Appointment of Eric Robinson as SVP of Operations (proven experience at Red River), addition of on-site process engineer, new Head of Sales hire, and executive restructuring to strengthen operational execution.
Product Quality Confirmation with New Feedstock
Testing indicates GAC product quality from purchased bituminous coal meets or often exceeds industry benchmarks; company expects feedstock source will not materially affect customer uptake.
CapEx and Free Cash Flow Outlook
2026 CapEx guidance of $8M–$10M (including ~$3M routine biennial maintenance); management expects PAC to be free-cash-flow generative in 2026 after maintenance CapEx.
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 |
|---|---|---|---|
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% |
May 07, 2025 | $4.25 | $3.69 | -13.29% |
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 May 11, 2026, After Close (Confirmed).
What is Arq, Inc. (ARQ) earnings time?
Arq, Inc. (ARQ) earnings time is at May 11, 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 (Q1) is -0.07.