Arq (ARQ) Cost of Revenue (2012 - 2026)
Arq (ARQ) posted Cost of Revenue of $19.1 million for Q1 2026, down 24.87% sequentially from $25.4 million in Q4 2025, and up 10.28% YoY from $17.3 million in Q1 2025.
Arq (ARQ) Cost of Revenue (2012 - 2026) Analysis & Trends
Arq has reported Cost of Revenue for 15 years, with the latest figure at $19.1 million in Q1 2026.
- Quarterly Cost of Revenue rose 10.28% year-over-year to $19.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $88.6 million (up 21.13% YoY) and the FY2025 annual result came in at $86.8 million, up 24.87% from the prior year.
- Cost of Revenue declined to $19.1 million in Q1 2026 per ARQ's latest filing, from $25.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $25.4 million in Q4 2025 and troughed at -$63.0 million in Q4 2022.
- A 5-year average of $13.1 million and a median of $17.3 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue slumped 472.44% in 2022, then surged 45005.88% in 2023.
- Over 5 years, Cost of Revenue stood at -$63.0 million in 2022, then surged by 122.4% to $14.1 million in 2023, then increased by 22.2% to $17.2 million in 2024, then surged by 47.6% to $25.4 million in 2025, then dropped by 24.87% to $19.1 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $19.1 million, $25.4 million, and $25.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.28 Bn | 22.16 Bn | 902.00 Mn | 572.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.20 Bn | 7.84 Bn | 288.30 Mn | 202.70 Mn |
| 3 | Federal Signal | 7.46 Bn | 7.39 Bn | 203.80 Mn | 466.40 Mn |
| 4 | Ceco Environmental | 3.10 Bn | 3.04 Bn | 86.47 Mn | 198.49 Mn |
| 5 | PureCycle Technologies | 1.26 Bn | 1.26 Bn | - | - |
| 6 | Aduro Clean Technologies | 528.77 Mn | 500.10 Mn | - | - |
| 7 | Energy Recovery | 406.56 Mn | 313.50 Mn | 8.96 Mn | 3.04 Mn |
| 8 | Arq | 96.62 Mn | 95.72 Mn | 11.51 Mn | 18.37 Mn |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | 3.81 Mn |
| 10 | CleanCore Solutions | 33.72 Mn | 16.67 Mn | -419,259.00 | 962,953.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.37 Mn |
| Jun 30, 2026 | 18.37 Mn |
| Mar 31, 2026 | 19.11 Mn |
| Mar 31, 2026 | 19.11 Mn |
| Dec 31, 2025 | 25.44 Mn |
| Dec 31, 2025 | 25.44 Mn |
| Sep 30, 2025 | 24.97 Mn |
| Sep 30, 2025 | 24.97 Mn |
| Jun 30, 2025 | 19.07 Mn |
| Jun 30, 2025 | 19.07 Mn |
| Mar 31, 2025 | 17.33 Mn |
| Mar 31, 2025 | 17.33 Mn |
| Dec 31, 2024 | 17.24 Mn |
| Dec 31, 2024 | 17.24 Mn |
| Sep 30, 2024 | 21.34 Mn |
| Sep 30, 2024 | 21.34 Mn |
| Jun 30, 2024 | 17.23 Mn |
| Jun 30, 2024 | 17.23 Mn |
| Mar 31, 2024 | 13.71 Mn |
| Mar 31, 2024 | 13.71 Mn |