Arq (ARQ) Research & Development (2012 - 2026)
Arq (ARQ) reported Research & Development of $754,000 for Q3 2026, down 70.6% from $2.57 million a year earlier and down 21.3% from the prior quarter.
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Analysis
Arq (ARQ) Research & Development (2012 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Arq's Research & Development came in at $3.89 million, down 43.5% year-over-year; for FY2025, it was $7.34 million, up 79.0% from FY2024.
- By year, Research & Development came in at $4.1 million in FY2024 (+23.7%) and $3.31 million in FY2023.
- The Q3 2026 figure ranks as the lowest quarterly Research & Development since Q3 2023.
- Year over year, Research & Development gained in four of the last eight quarters, with growth averaging 33.8%.
- The high point for year-over-year Research & Development in five years was Q3 2025 (growth of 226.0%); the low point was Q3 2026 (a decline of 70.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $958,000 (Q2 2026), $982,000 (Q1 2026) and $1.2 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 37.00 Mn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 314.00 Mn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | - |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 25.40 Mn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 35.00 Mn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | - |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 106.00 Mn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 105.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | - |
| 10 | Arq | 130.31 Mn | 110.40 Mn | 15.17 Mn | 754,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 754,000.00 |
| Jun 30, 2026 | 958,000.00 |
| Mar 31, 2026 | 982,000.00 |
| Dec 31, 2025 | 1.20 Mn |
| Sep 30, 2025 | 2.57 Mn |
| Jun 30, 2025 | 2.70 Mn |
| Mar 31, 2025 | 874,000.00 |
| Dec 31, 2024 | 759,000.00 |
| Sep 30, 2024 | 787,000.00 |
| Jun 30, 2024 | 929,000.00 |
| Mar 31, 2024 | 1.63 Mn |
| Dec 31, 2023 | 1.17 Mn |
| Sep 30, 2023 | 639,000.00 |
| Jun 30, 2023 | 774,000.00 |
| Mar 31, 2023 | 732,000.00 |
| Mar 31, 2018 | 20,000.00 |
| Dec 31, 2017 | 127,000.00 |
| Sep 30, 2017 | 252,000.00 |
| Jun 30, 2017 | -414,000.00 |
| Mar 31, 2017 | 192,000.00 |
API Access
Arq Research & Development 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=research-and-development&ticker=ARQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=ARQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();