Arq (ARQ) Cost of Revenue (2012 - 2026)
Arq's Cost of Revenue was $23.04 million in Q3 2026, down 7.7% from $24.97 million a year earlier but up 25.4% from the prior quarter.
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Analysis
Arq (ARQ) Cost of Revenue (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Arq's Cost of Revenue was $85.97 million through Sep 30, 2026, up 9.4% year-over-year; for FY2025, it was $86.8 million, up 24.9% from FY2024.
- Cost of Revenue shows a three-year compound annual growth rate of 2.6% (FY2022 to FY2025).
- In earlier years, Cost of Revenue was $69.52 million in FY2024 (+3.3%), $67.32 million in FY2023 (-16.3%) and $80.47 million in FY2022.
- Quarterly Cost of Revenue has moved between $13.71 million (Q1 2024) and $25.44 million (Q4 2025) over five years.
- Compared with a year earlier, Cost of Revenue was higher in six of the last eight quarters, with growth averaging 15.3%.
- 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 Q3 2026 was $18.37 million (Q2 2026), $19.11 million (Q1 2026) and $25.44 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 4.96 Bn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 3.05 Bn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 3.58 Bn |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 2.47 Bn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 7.00 Bn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 3.95 Bn |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 2.59 Bn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 813.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 1.04 Bn |
| 10 | Arq | 130.31 Mn | 110.40 Mn | 15.17 Mn | 23.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.04 Mn |
| 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 |
API Access
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_KEYimport 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();