Arq, Inc. — Third Quarter 2026 Earnings Summary

Arq, Inc. reported record third-quarter 2026 revenue of $38.2 million, representing a 9% year-over-year increase driven by higher sales volumes. The company achieved a net income of $2.5 million and generated $8.8 million in Adjusted EBITDA, marking its tenth consecutive quarter of positive Adjusted EBITDA. Gross margins improved significantly to 39.7% compared to 28.8% in the prior year period, primarily due to performance in the powdered activated carbon business. Consequently, Arq raised its full-year 2026 Adjusted EBITDA guidance to a range of $19-20 million while maintaining revenue and capital expenditure forecasts.