Arq Reports Third Quarter 2026 Results
Globe Newswire•04/11/2026•16:33 ET
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Key Highlights
- ➤Q3 revenue $38.2 million, up 9% year over year, reached a record
- ➤Gross margin 39.7%, up approximately 1,100 basis points year over year
- ➤Adjusted EBITDA $8.8 million, up 71% year over year
- ➤FY2026 Adjusted EBITDA guidance tightened to $19-20 million from $17-20 million
- ➤Net income $2.5 million versus adjusted net loss of $0.9 million
Expert Statements
Bob Rasmus, CEO of Arq
“This was a strong quarter that reflects the earning power of our foundational PAC business,”
Bob Rasmus, CEO of Arq
“We delivered record quarterly revenue, positive net income and our tenth consecutive quarter of positive Adjusted EBITDA.”
Bob Rasmus, CEO of Arq
“Q3 is typically a strong quarter for us, and this was an especially good one – but importantly this has been a strong year, not just a great quarter.”
Bob Rasmus, CEO of Arq
“On the strength of these results, we are raising the low end of our full-year 2026 Adjusted EBITDA guidance by narrowing our outlook to the top end of the previous range.”
Bob Rasmus, CEO of Arq
“We now expect to achieve full-year Adjusted EBITDA of $19 to $20 million.”
Bob Rasmus, CEO of Arq
“The test work completed on PAC for PFAS™ this quarter is encouraging, and we believe meaningful orders are feasible in 2027.”
Bob Rasmus, CEO of Arq
“The EPA’s April 2027 monitoring deadline is the first key milestone toward national PFAS contamination level compliance, and we expect the regulation to drive a steady increase in demand for PFAS remediation solutions.”
Bob Rasmus, CEO of Arq
“PAC for PFAS™ offers certain customers both an interim and permanent path to compliance, with the potential to add GAC solutions if needed.”
Bob Rasmus, CEO of Arq
“We remain focused on building the value of this business.”
Bob Rasmus, CEO of Arq
“Our PAC earnings are growing, opportunities to further increase our profitability are meaningful, and the replacement versus book value of our asset base at Red River represents a substantial undervalued asset.”
Bob Rasmus, CEO of Arq
“We believe the best way to ensure that value is fully recognized is to keep executing on our strategy, and that is where we are focused.”
Achieved record quarterly revenue of $38.2 million (+9% YoY) and Net income of $2.5 million
Generated 10(th) consecutive quarter of positive Adjusted EBITDA((1)) of $8.8 million (+71% YoY)
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