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Arq (ARQ) Cost of Revenue (2016 - 2025)

Arq's Cost of Revenue history spans 14 years, with the latest figure at $25.4 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 47.6% year-over-year to $25.4 million; the TTM value through Dec 2025 reached $86.8 million, up 24.87%, while the annual FY2025 figure was $86.8 million, 24.87% up from the prior year.
  • Cost of Revenue for Q4 2025 was $25.4 million at Arq, up from $25.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $41.5 million in Q3 2022 and bottomed at -$63.0 million in Q4 2022.
  • The 5-year median for Cost of Revenue is $17.2 million (2024), against an average of $14.5 million.
  • The largest annual shift saw Cost of Revenue crashed 472.44% in 2022 before it skyrocketed 45005.88% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $16.9 million in 2021, then plummeted by 472.44% to -$63.0 million in 2022, then skyrocketed by 122.4% to $14.1 million in 2023, then grew by 22.2% to $17.2 million in 2024, then skyrocketed by 47.6% to $25.4 million in 2025.
  • Per Business Quant, the three most recent readings for ARQ's Cost of Revenue are $25.4 million (Q4 2025), $25.0 million (Q3 2025), and $19.1 million (Q2 2025).