Arq (ARQ) Operating Expenses (2012 - 2026)
Arq (ARQ) posted Operating Expenses of $10.9 million for Q1 2026, down 80.22% sequentially from $55.2 million in Q4 2025, and up 18.03% YoY from $9.3 million in Q1 2025.
Arq (ARQ) Operating Expenses (2012 - 2026) Analysis & Trends
Arq has reported Operating Expenses for 15 years, with the latest figure at $10.9 million in Q1 2026.
- Quarterly Operating Expenses rose 18.03% year-over-year to $10.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $88.2 million (up 122.35% YoY) and the FY2025 annual result came in at $86.5 million, up 108.9% from the prior year.
- Operating Expenses declined to $10.9 million in Q1 2026 per ARQ's latest filing, from $55.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $55.2 million in Q4 2025 and troughed at $9.3 million in Q1 2025.
- A 5-year average of $17.0 million and a median of $11.2 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses plunged 61.47% in 2023, then surged 487.97% in 2025.
- Over 5 years, Operating Expenses stood at $26.8 million in 2022, then tumbled by 59.32% to $10.9 million in 2023, then fell by 13.8% to $9.4 million in 2024, then soared by 487.97% to $55.2 million in 2025, then tumbled by 80.22% to $10.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $10.9 million, $55.2 million, and $10.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 587.00 Mn |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 121.30 Mn |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 78.30 Mn |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | 109.35 Mn |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | 45.85 Mn |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | 2.67 Mn |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | 14.84 Mn |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | 11.58 Mn |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | 8.05 Mn |
| 10 | CleanCore Solutions | 34.84 Mn | 17.79 Mn | -419,259.00 | 18.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.58 Mn |
| Mar 31, 2026 | 10.92 Mn |
| Dec 31, 2025 | 55.22 Mn |
| Sep 30, 2025 | 10.95 Mn |
| Jun 30, 2025 | 11.07 Mn |
| Mar 31, 2025 | 9.25 Mn |
| Dec 31, 2024 | 9.39 Mn |
| Sep 30, 2024 | 11.41 Mn |
| Jun 30, 2024 | 9.60 Mn |
| Mar 31, 2024 | 11.01 Mn |
| Dec 31, 2023 | 10.90 Mn |
| Sep 30, 2023 | 11.65 Mn |
| Jun 30, 2023 | 11.20 Mn |
| Mar 31, 2023 | 11.46 Mn |
| Dec 31, 2022 | 26.78 Mn |
| Sep 30, 2022 | 21.58 Mn |
| Jun 30, 2022 | 27.48 Mn |
| Mar 31, 2022 | 29.74 Mn |
| Dec 31, 2021 | 24.98 Mn |
| Sep 30, 2021 | 27.56 Mn |