Arq (ARQ) Cost of Revenue (2012 - 2026)
Arq's Cost of Revenue was $18.37 million in Q2 2026, down 3.6% from $19.07 million a year earlier and down 3.9% from the prior quarter.
Arq (ARQ) Cost of Revenue (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Arq's Cost of Revenue was $87.89 million through Jun 30, 2026, up 17.2% year-over-year; for FY2025, it was $86.8 million, up 24.9% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 48.4% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $69.52 million in FY2024 (+3.3%), $67.32 million in FY2023 (-16.3%), $80.47 million in FY2022 (+376.0%) and $16.9 million in FY2021 (+40.0%).
- The Q2 2026 figure marks the lowest quarterly Cost of Revenue since Q1 2025.
- Compared with a year earlier, Cost of Revenue was higher in seven of the last eight quarters, with growth averaging 16.7%.
- The best year-over-year quarter for Cost of Revenue over five years was Q1 2022 (growth of 53.8%); the worst was Q2 2023 (a decline of 23.0%).
- Per Business Quant data, ARQ's Cost of Revenue in the three quarters before Q2 2026 was $19.11 million (Q1 2026), $25.44 million (Q4 2025) and $24.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 221.03 Bn | 204.14 Bn | 4.43 Bn | 4.86 Bn |
| 2 | Corning | 141.47 Bn | 134.60 Bn | 1.63 Bn | 2.88 Bn |
| 3 | Sherwin Williams | 77.59 Bn | 76.63 Bn | 3.34 Bn | 3.45 Bn |
| 4 | Air Products & Chemicals | 61.84 Bn | 59.74 Bn | 1.04 Bn | 2.13 Bn |
| 5 | LyondellBasell Industries | 37.84 Bn | 27.46 Bn | 2.04 Bn | 7.14 Bn |
| 6 | Nutrien | 33.77 Bn | 30.64 Bn | 3.25 Bn | 7.36 Bn |
| 7 | Qnity Electronics | 27.51 Bn | 24.93 Bn | 666.00 Mn | 763.00 Mn |
| 8 | Ati | 26.21 Bn | 24.36 Bn | 309.80 Mn | 951.30 Mn |
| 9 | Ppg Industries | 23.37 Bn | 16.17 Bn | 1.81 Bn | 2.69 Bn |
| 10 | Arq | 83.20 Mn | 64.03 Mn | 11.51 Mn | 18.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.37 Mn |
| Mar 31, 2026 | 19.11 Mn |
| Dec 31, 2025 | 25.44 Mn |
| Sep 30, 2025 | 24.97 Mn |
| Jun 30, 2025 | 19.07 Mn |
| Mar 31, 2025 | 17.33 Mn |
| Dec 31, 2024 | 17.24 Mn |
| Sep 30, 2024 | 21.34 Mn |
| Jun 30, 2024 | 17.23 Mn |
| Mar 31, 2024 | 13.71 Mn |
| Dec 31, 2023 | 14.11 Mn |
| Sep 30, 2023 | 20.71 Mn |
| Jun 30, 2023 | 15.34 Mn |
| Mar 31, 2023 | 17.18 Mn |
| Dec 31, 2022 | 17.47 Mn |
| Sep 30, 2022 | 21.58 Mn |
| Jun 30, 2022 | 19.91 Mn |
| Mar 31, 2022 | 21.51 Mn |
| Dec 31, 2021 | 16.90 Mn |
| Sep 30, 2021 | 19.96 Mn |
Arq Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ARQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ARQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ARQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();