Arq reports mixed Q4 results; provides inaugural financial guidance for FY26

* Arq press release [https://seekingalpha.com/pr/20429926-arq-reports-fourth-quarter-and-full-year-2025-results] (ARQ [https://seekingalpha.com/symbol/ARQ]): Q4 GAAP EPS of -$1.20 misses by $1.14.
* Revenue of $29.4M (+8.7% Y/Y) beats by $0.81M.
* Adjusted EBITDA was $0.3 million for the fourth quarter of 2025, compared to Adjusted EBITDA of $3.8 million in the prior year period.
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FINANCIAL GUIDANCE

ARQ IS PROVIDING DETAILED OPERATIONAL AND FINANCIAL GUIDANCE FOR THE FIRST TIME TO ENHANCE INVESTOR TRANSPARENCY. For fiscal year 2026, Arq expects revenue of $120-125 million VS. CONSENSUS OF $136.94M. Adjusted EBITDA is projected to be $17-20 million. These projections assume no GAC contribution given the strategic operational changes outlined above.

The Company is also providing operational metrics for the first time: PAC average selling price (“ASP”) is expected to be $0.88-0.91 per pound (compared to $0.89 in 2025 and $0.82 in 2024) and production volumes are projected at 122-125 million pounds (compared to over 117 million pounds in 2025 and 111 million pounds in 2024). Additional revenue from other chemicals and products is expected to contribute approximately 13-15% of total revenue, generally consistent with prior years.

MORE ON ARQ

* Seeking Alpha’s Quant Rating on Arq [https://seekingalpha.com/symbol/ARQ/ratings/quant-ratings]
* Historical earnings data for Arq [https://seekingalpha.com/symbol/ARQ/earnings]
* Financial information for Arq [https://seekingalpha.com/symbol/ARQ/income-statement]