Arq, Inc. Reports Record Q3 2026 Revenue and Improved Profitability
Arq, Inc. (ARQ) reported strong third-quarter 2026 financial results, highlighted by record revenue of $38.2 million, a 9% increase year-over-year. The company achieved significant margin expansion, with gross margins rising to 39.7% from 28.8% in the prior-year period. This growth was primarily driven by higher seasonal volumes in its foundational powdered activated carbon (PAC) business and improved operational efficiencies. Profitability saw a major turnaround as the company reported a net income of $2.5 million, compared to a loss in Q3 2025. Adjusted EBITDA rose 71% to $8.8 million. Following these results, management tightened its full-year 2026 adjusted EBITDA guidance to a range of $19 million to $20 million and reiterated revenue guidance of $120 million to $125 million.
Topics: EBITDA Guidance Gross Margin Expansion Net Income Turnaround Revenue Growth